Kabira Technologies Launches New Card Acquiring Solution
Kabira Technologies has announced the availability of Kabira Payments 2.0, a solution designed to provide benefits to card acquirers and payments processors. The new solution has an architectural design that allows businesses to maintain positive margin, even on low-value transactions, because of its inherent integration across payment types. The company claims that this design also provides a higher level of consistency and resource utilisation for card acquirers, as common elements such as fraud detection and merchant look-up, are centralised and shared between payment types. Additionally, the low-latency infrastructure incorporates fraud-detection directly in the path of the transaction, which is designed to improve the ability to detect attempted fraud without negatively affecting duration of the payment transaction. Kabira Payments 2.0 is built to operate on open systems hardware.