RiskTech Forum

Compass Plus Receives High Ranking in Annual PayX Report

Posted: 28 November 2012  |  Source: Compass Plus

Compass Plus, an international provider of retail banking software and electronic payments systems to financial institutions, announced its inclusion in the PayX annual Card Acquiring and Switching Products Report.

ayX, an independent research company specializing in the payments industry, produces the annual report to provide financial institutions and processors insight on the world’s top card acquiring payment software solutions. Compass Plus averaged an overall score of more than four out of five in the report (with 5 being the highest score).

Compass Plus, who provide financial institutions and payment processors with the ability to switch, route, authorize and manage electronic payments from multiple devices and delivery channels, were rated in 17 different categories on the card acquiring and switching capabilities of their TranzWare product suite. TranzWare ranks among the top three payment software product suites out of the 19 reviewed, and Compass Plus is the only company to receive a perfect score for elapsed time to first implement. The company ranked third among all providers in the product profile overview category and was within the top three companies in the customer and industry profile overview category.

“With our second appearance in the PayX report, Compass Plus’ representation demonstrates that the company’s payment software solutions and customer support is among the best in the financial industry,” said Maria Nottingham, chief marketing officer at Compass Plus. “With perfect scores of five in several categories, including complementary products and card issuer processing capability, Compass Plus continues provide our customers with proven and trusted end-to-end, integrated electronic payment solutions.”

The report leverages input from customers, consultants and the providers themselves to deliver a comprehensive picture of the product suites available. Three major categories are analyzed to help financial institutions save time and reduce risk in their acquiring and switching product selection: corporate profile overview, product profile overview and customer and industry profile overview.