PSP

Payment Service Provider – Acquirer

Manages secure electronic payments for businesses in a scalable way

Seamless
Payment Service Provider

High-volume Handling

Features the capacity to process a large number of transactions efficiently

Funds
Transfer

Ensures secure and accurate transfer of funds between customers and merchants

Data
Extraction

Supports data extraction to external MIS platforms and reports

Merchant
Tools

Offers a back-office system for managing merchants, financial reporting and reconciliation

Enhanced Security

Compliance with Payment Card Industry Data Security Standard (PCI DSS), ensuring the protection of cardholder information

Transaction Management

Allows merchants to accept payments through multiple channels, including credit and debit cards, QR codes, mobile apps and online transactions

Secure and Safe
Payments

Traderoot’s PSP–Acquirer solution improves reconciliation and provides full visibility into payment and settlement through merchant trading and fee accounts. Ideal for banks and payment processors, it enables competitive merchant management with cost-effective fees.

Multi-functional Payment Service Provider- Acquirer

Traderoot Back Office

The PSP –Acquirer solution features the Traderoot Back Office with the Accounting Rules Processor (ARP), which calculates merchant account exposure and liabilities by merchant, outlet, scheme, and member. It aggregates interest, fees, and commissions into general ledger formats and can generate financial documents for export to standard accounting software, making the PSP function both efficient and fully compliant.

Switching modules

The PSP –Acquirer switching modules handle card, EFT, and Value-Added Services (VAS) payments. They integrate with financial networks using ISO 8583 and other global protocols. EFT transactions include debit orders and credits via AXS, SWIFT, and ISO 20022. VAS, like bills and prepaid commodities, are routed by the Workflow Controller, with bespoke protocols managed through the Protocol Factory, ensuring the Payment Services Provider delivers reliable, seamless, and fully compliant processing.

Security modules

The PSP leverages Traderoot Security Modules, which are EMV certified and PCI PA-DSS compliant. The Cryptographic Server integrates with certified Hardware Security Modules to provide DUKPT, master-session PIN translation, and end-to-end encryption (P2PE). It also handles key loading and ceremonies from any key source, ensuring that the Payment Services Provider maintains the highest standards of security and compliance.

The PSP- Acquirer
product consists of:

Why Traderoot Africa for your fintech needs?

Unlock your full potential with Traderoot. Our fintech solutions are flexibly deployed on-premises or in the cloud to drive your success in financial innovation.

PSP