Wirecard Indonesia PT Prima Vista Solusi, a subsidiary of Wirecard AG, recently launched the Point-of-Sales Payment Gateway that enables retailers to process card transactions through multiple acquiring banks. With this, Wirecard offers latest internet technology at the Point-of-Sale as the infrastructure encompasses multi-brand POS software that supports payment by international cards such as Visa and MasterCard, as well as National Debit cards. In addition, it offers proprietary NFC wallets and bill payments, a POS gateway hosted in Wirecard's PCI-DSS certified Data Centers with switching, terminal management, transaction monitoring and merchant reporting capabilities.
Wirecard's Point-of-Sales Payment Gateway infrastructure shall initially support the Indonesian local banks and retailers, then potentially be extended to support acquirers and retailers globally. By processing Point-of-Sales transactions through multiple major acquiring banks, retailers will be able to extend to customers a wider variety of card programs offered by participating acquirers, such as pay-by-installments and loyalty points. In addition, retailers are able to receive near real-time detailed report of their POS transactions that capture multiple card schemes and multiple acquirers for ease of reconciliation.
On the other hand, the participating acquiring banks benefit from a lower cost-per-transaction since the Point-of-Sales infrastructure is shared by multiple acquirers, while still getting maximum on-us transaction. Wirecard POS terminal will also be the retailer's first-choice since it will be directly integrated to the retailers' cash register system. "With the integration of multi-acquirers POS terminals, the costs are divided equally to participating acquirers. Therefore, with the same budget we can potentially triple the reach of the POS transactions to major retailers nationwide", stated Mr. Ogi Prastomiyono, Chief of State-owned Banks Competitiveness Task Force in Indonesia.
"The first phase of launch for Wirecard Point-of-Sales Payment Gateway will support one of the largest chains of convenient stores, Alfamart, and other nationwide retailers starting with 25,000 POS terminals implemented starting in December 2016. Our infrastructure is already integrated to three major national acquiring banks as our anchor partners. More retailers and participating acquirers will be added in the coming years.” stated Ms. Widhayati Darmawan, Managing Director of Wirecard in Indonesia. “Wirecard Point-of-Sales Payment Gateway System employs state of the art security and sophistication. Upon successful launch in Indonesia, the platform will be extended to support retailers around the world through cooperation with major acquiring banks in each country", added Mr. Rudy Khowara, Executive Vice President Global Point-of-Sales Solution at Wirecard.