In the face of new market entrants, new technologies, new channels, new regulations, and new customer demands, traditional payments technologies are often challenged to respond quickly and easily.
Distra and its partners are bridging the divide between the old and new payments worlds by increasing the agility and flexibility of traditional payments technologies, enabling banks, payments processors and other companies in the payments chain to quickly deploy innovative new wholesale and retail payments solutions through an open, a Java-based platform.
New payments service providers may have the agility to meet the payment needs of today, yet they still require a secure connection to traditional payment networks. The Distra UPP provides high levels of security, reliability and compliance, not only for the processing of traditional payments, but also enables new world payments providers to more easily and cost-effectively meet the demanding compliance requirements necessary to connect into traditional payments networks.
In this way the Distra UPP truly facilitates the convergence of traditional payments networks and emerging mobile, social media and web payments applications through a single connecting platform.