Your partner for payment solutions
BGS Smartcard Systems is your partner for payment solutions since more than 20 years. We have been developing and implementing state-of-the-art products in cooperation with banks, enterprises and government authorities worldwide. Our in house development capacities and the profound experience with many different applications allow us to develop end-to-end solutions for any financial services, with a strong focus on mobile solutions and securitization of trust relations between banks and their clients, but also on interbank exchange, issuing- and acquiring institutions. Our long-time cooperation with hardware suppliers make us your preferred partner for your procurement needs, be it for POS terminals, Smart cards or other bank related equipment. We offer development of card- and terminal applications and help you to efficiently manage your terminal estate. Our experts can give advice on the current developments in the financial industry and design your payment solution according to your very individual needs.
Mobile Payment Suite |
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With the opportunities currently being presented, particularly the increasing use of alternative payment channels, such as QR-code and contactless, BGS has introduced its latest product offering BGS Mobile Pay. This offering is the result of a new set of products and services resulting from an internal organic development and therefore further complements and enhances the existing product suite catering for secure financial transactions. The main focus of the offering lies on the flexibility and scalability of the solution. The success comes with the simplicity of the concept and the ease of use. It consists of three main parts catering for the client side, the merchant side and the transaction engine on the host. The heart of the system is the merchant application, which can be operated on a tablet or on the smartphone of the merchant and thus offers the entrance into cashless and contactless payments even to small merchants. |
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Integration Services |
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Many banks are currently opening their core functions through application programming interfaces (APIs). This happens on the one hand as a consequence of new regulatory measures and on the other hand, because they have realized that this opens up new business opportunities. The revised Payment Services Directive (PSD2), for example, obliges European banks to share their customer transaction and counterparties with third parties, including, for example, Fintechs, retailers, telecommunication providers, payment service providers and account aggregation services. But also where the PSD2 has no binding effect, as in the US, a large number of API projects deployed by banks demonstrates the current trend to open banking. Many banks have come to the conclusion that opening towards new players is a perfect way to provide innovations without employing an army of developers. |
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