FSSNeT is a unique business division of FSS that provides hosted payment transaction processing services across delivery channels like ATMs, POS, Internet & Mobile. It is one of the largest independent payments processor in India. FSSNeT, the hosted payments division of FSS, offers shared payment services for the banking and financial services industry. The online payment switch based on the robust HP NonStop Server platform, with connectivity to domestic and international interchanges. Additionally, card issuance and management, reconciliation, ATM/POS monitoring, reconciliation and back office services, enables customers to rapidly roll out retail delivery channels.
FSSNeT services include transaction switching & interchange connectivity, ATM deployment & managed services, point-of-sale (PoS) deployment & managed services, merchant management, card issuance & management; financial inclusion & micro banking, internet & mobile payments; value added payments such as bill pay. Customers also benefit by innovative and unique value added services such as online mutual fund redemption, flexible currency conversion, integrated corporate fund transfer, remittances etc.
FSSNet has a well established, state-of-art, robust, scalable infrastructure and a competent business model in place to take advantage of the exponential opportunities emerging in an under-penetrated and evolving market. As a hosted model, FSSNeT’s internet payment gateway is the largest in India. |
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