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TMCNet:  AJB Joins the Visa POS Solutions Program

[January 11, 2013]

AJB Joins the Visa POS Solutions Program

TORONTO --(Business Wire)--

AJB Software Design, Inc., a leader in integrated payment solutions, today announced that it is a participating Payment Technology Provider in the Visa POS Solutions Program and has validated current versions of its payment processing suite. AJB is launching several initiatives this upcoming calendar year giving merchants increased options to manage the evolving payment landscape, and will be exhibiting at the 2013 NRF Big Show (booth number 1181).

"We've made it easy for large merchants to scale into key new payment standards and technologies," said Pat Polillo, Vice President Sales and Marketing at AJB Software. "Whether it's EMV, loyalty with real-time POS offer redemption, mobile wallets, or enhanced security & encryption, being first-to-market in this field can provide strong market advantage for our client community and we are constantly strengthening our partnerships with market leaders to bring innovative solutions to our merchants." AJB's participation in the Visa POS Solutions Program streamlines its ability to deliver Visa payment solutions to merchants of participating acquirers, including real-time offer redemption at the POS.

AJB's integrated payment solutions are customized based on industry and customer need, and are applicable for a array of sectors, including Department Store, Apparel, Petroleum & C-Store, Hospitality, Supermarkets and Specialty Retail.

"Visa is very focused on supporting product innovation at the point of sale with the leading payment technology providers to help enable acquirers and their merchants of all sizes to benefit from new product development in electronic payments", says Phil Kumnick, Head of Global Acquirer Processing for Visa Inc. "The Visa Point-of-Sale (POS) Solutions Program is designed to offer acquirers and their merchants access to the latest in Visa payment innovation, ranging from real-time merchant offers that are tailored to an enrolled consumer's life style and shopping location, to encryption technology that Visa is developing to enhance transaction security."

AJB's payment processing suite consists of the Retail Transaction Switch (RTS) and Flexible Integrated Payment System (FIPay), and enables merchants to quickly deploy new payment innovations. RTS is a robust, multi-purpose transaction switch that scales to meet the high level of performance demanded by North America's largest and most well-known retailers. Through RTS and its FIPay suite of products, AJB maintains its market leadership position by being among the first in market to support important new payment technologies.

About AJB Software Design, Inc.
AJB is a leading provider of payment integration software solutions. Twenty percent of North America's Top 100 retailers and 10 percent of the top global retailers by sales volume, rely on AJB products and services. Founded in 1994, AJB has over 140 global clients, and its software makes it easy to connect the components required for real-time payment processing. AJB enables retailers to quickly comply with new standards and payment types, including mobile, EMV and other emerging forms of payment. In addition, it allows banks and POS vendors to easily integrate their products with retailers, petroleum and convenience stores. AJB simplifies integration with existing systems; solutions are scalable, multi-channel and platform independent. For more information, visit www.ajbsoftware.com.


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