EFT Authorization and Switching

Via its Authentic software product, Alaric offers an agile, high performance, open platform solution for:

• Card issuers - routing, authorization and capture of card transactions
• Card transaction acquirers - management of networks of ATMs and POS terminals, acquisition of transactions from such devices, from the internet and from other payment channels and routing of such transactions (via switches) to the relevant issuer for authorization and capture
• Payment switches - the ability to route transactions between multiple acquirers, issuers, networks and other switches Authentic was designed from the outset as a family of products which is highly configurable, platform independent and capable of very high performance
• Payment processors - a multi-banking solution which encompasses issuer, acquirer and switching functionality on a single platform using a single database.