Fintech Mobile Banking News

Datacap bolsters cross-border payments via TranCloud™ and Moneris Canada

Datacap bolsters cross-border payments via TranCloud™ and Moneris Canada

Datacap Systems Inc., leading hardware and processor-agnostic integrated payments provider, has added integrated payments support for Moneris Canada via the TranCloud payments hub. TranCloud joins Datacap’s NETePay™ software as another cross-border payments solution option for Datacap’s Point of Sale integration partners. TranCloud is a unique payments hub for processor and hardware agnostic EMV-ready payments.  A simple OS-agnostic integration adds instant support for an evolving list of EMV-enabled devices for virtually all processors in North America.

Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A

The initial TranCloud release for Moneris Canada utilizes the P400 from Verifone to process EMV credit/debit/contactless transactions. Other TranCloud features include EMV store and forward for offline processing, Tap and Pay contactless support, Tokenization for recurring billing and QuickChip for faster transactions.

Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s JazzCash

“Cross-border payments via a universal integration has been a substantial benefit to Datacap partners on our NETePay product line, so we’re excited to extend that same benefit to TranCloud Point of Sale partners in both the US and Canada,” says Justin Zeigler, Dir Product at Datacap Systems.

TranCloud for Moneris Canada is available for new installations today. Existing TranCloud integrators can add support for Canadian processing via minor integration enhancements. Merchants interested in processing EMV transactions should contact their POS reseller to learn how Datacap payment solutions can help with EMV transaction processing and enhanced cardholder security.

Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers

Related posts

Chainalysis Raises $100 Million at More Than $2 Billion Valuation to Expand Enterprise Cryptocurrency Data Business

Fintech News Desk

Accern Upgrades No-Code, AI Platform with Powerful, Advanced Features for Financial Services

Fintech News Desk

MoneyGram Announces $15 Million Voluntary Term Loan Principal Repayment and $50 Million Stock Repurchase Program

Fintech News Desk
1