True Convergent Payments is not just about bringing on the odd new channel or making a tweak here or there to the way payments are processed. It is about true flexibility, it is about accepting many and varied financial and non-financial transactions, it is about a single view, a single process. This is Distra.
Distra Switch is architected from the ground up with Payments Convergence in mind.
This begins with the flexible and configurable Endpoint Framework Model that enables rapid on-boarding of the new payments channel, regardless of the messaging type, structure or length nor type of device from which the transaction originates. From this message, Distra normalize each transaction into an internal super-set of transaction fields and message types, reusing existing logging and transaction management techniques whilst at the same time providing flexible mechanisms to add new fields and types if required.
Moreover, these transactions need not be entirely or at all financial in nature. Distra easily manages additional data present in the transaction, which can be logged, exported and reported upon. Distra have deployed our solution into healthcare environments where the 'transaction' relates to healthcare claims and includes detailed information about the patient claim and services.
Using Distra's configurable payments processing, new channels can inherit exisiting payments behaviours or extend these to suit, all the while keeping in line with existing rules and providing a consistent view across all channels. Alternatively, leverage these features and start to merge the different channels and rapidly offer clients access to new and hybrid services.
In brief, Distra offers these features to provide truly convergent payments:
- Rapid onboard of new payments channels
- Allow Cross Channel Operation enabling new services to end clients
- Reuse existing business processes and policies
- Single View of the entire payments platform
All this along with piece of mind of a solution proven to offer unprecedented levels of processing capability and throughput that will future proof your payments strategy.