Distra has announced that PayFair, the Single Euro Payment Area (SEPA) compliant payment card for European consumers, merchants and banks, has gone live on the Distra universal switch.
Distra is providing its universal switch which underpins the PayFair platform and combines tier one performance and availability with enterprise level security. Based on its Mission Critical Application Server (MCAS), the Distra Switch uses a powerful payments engine to deliver real-time processing and is benchmarked to meet the throughput required by the largest processors with no planned or unplanned downtime and without loss of transaction data.
Distra’s solution is working in conjunction with technologies from Unisys and GFG Group to deliver the PayFair platform. In line with PayFair’s rollout, Distra would also be supporting the card network as it expands into other supermarkets in Belgium and Germany in early 2010, as well as future rollouts across Europe and globally.
Mike Aston, CEO of Distra, said: “PayFair is indicative of the innovations occurring in the payments landscape, with consumers, merchants and banks demanding lower costs, increased independence and choice from their card payment operations. It also represents a shift in the market, with retailers increasingly driving the payments agenda.
“Distra is pleased to be involved with such an innovative programme as PayFair which sits right at the heart of payments transformation. We look forward to a future together delivering the benefits of greater choice to the payments market.”
