Asia Payment Systems, a Nevada incorporated credit card processing network developer, has reported the successful implementation of its APAYcard payment processing platform in Japan.
APAYcard is a middleware-based transaction processing system built on Microsoft products and technologies using .NET framework. APAYcard provides seamless connectivity to banks in Japan via routing XML messaging from the retail POS system over IP to the banks via local banking network provider GPNet.
APAYcard can integrate with existing POS terminal devices, take transactions from legacy systems and convert to XML for routing, thereby enabling retailers to take advantage of newer technologies without expensive hardware roll-outs.
We are pleased that we have been able to deliver such a fast transaction processing system into the Japanese market — the design is quite revolutionary for Japan and has attracted a lot of interest there within the banking fraternity, said Matt Mecke, president & CEO of Asia Payments.
The live processing from the APAYcard implementations in Japan plus our Ecommerce processing marks the start of AsiaPay moving out of the development stage and into the revenue stage of our business plan, added Mr Mecke.