FTS has introduced a new Smart Payments Enabling Solution that allows for enhanced card payment processing, digital merchant acquiring as well as revenue sharing procedures for e-commerce and the m-commerce industries.
The new payments solution enhances payment process, especially involving multiple parties, by automating the billing and settlement processes of payment systems.
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In addition, the Smart Payments Enabling Solution enables providers and merchants develop new and creative customised plans for their partners and merchants.
FTS’s new payments solution also helps expand its Leap Billing platform into new markets, in addition to the company’s core market of telecom billing and customer care.
FTS CEO, Nir Asulin, said that the company has now shifted Leap Billing into the realm of card payment processing, digital merchant acquiring and innovative revenue sharing procedures.
"The versatility of Leap Billing has allowed us to move beyond traditional telecom billing and successfully contend with the rapidly changing needs of the dynamic payments market’s business challenges, especially in regard to sophisticated new commercial models and revenue sharing schemes," Asulin added.
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By GlobalDataFTS’ Smart Payments Enabling Solution, delivered through cloud or on-premise models, is available on Linux and a range of hardware.
