Paymenex™ TransNET is a secure and low-cost interchange network for electronic money transactions operated and managed by Paymenex United Kingdom.
Paymenex TransNET offers a cutting-edge secure and reliable global network for the processing of data, verification, authorisation, clearing and settlement, and is used by its members to deliver a range of value-added e-money services and solutions to their customers.
Paymenex TransNET is secured with 3W Sentry authentication security protocol to boost the trust and confidence of its members.
Members connected to the Paymenex™ TransNET includes:
⇒ Financial Institutions, Acquirers and Card Issuers
⇒ Payment Service Providers and Processors
⇒ Gift Card and Store Value providers
⇒ Incentive, points and reward providers
⇒ Money Mobile operators
⇒ And other Organizations who requires an efficient, effective and secure interchange network connectivity.
Paymenex™ TransNET core operations:
Identification and connection of the members using the Paymenex Issuer Identification Number (PIIN) and routing data requests and responses as necessary to support decision making of the transaction.
Processing, Clearing and Settlement of transactions among members.
Value added service that offers the members the ability to incorporate and use the 3WSentry Card Security technology.
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- Card Issuance, Management & Merchant Acquiring Card issuance, Merchant Acquiring & Payment Processing Systems.
- Mobile Money, E-Money, and Wallet Solutions Emoney, eticket, M-Commerce & Mobile Money Platform
- Switching, RTGS Processor & Interchange Network Electronic Payment Transaction Gateway, RTGS Solutions