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TSYS-ISO-20022-A-Game-Changer-for-Debit-Card-Issuers.pdf

🔗 Source: thepaymentsassociation.org

📊 Size: 914 KB

📄 Pages: 10 pages

⬇️ Downloads: 66

Summary

ISO 20022 is a game changer for debit card issuers, offering a true game changer for debit and credit card issuers, revolutionising how payments are processed and settled. Debit card issuers should be concerned as they have a lot to contend with, and current accounts are being disintermediated by new players in the market, delivering various use cases and eroding interchange revenue. To reap the benefits of ISO 20022, debit card issuers must modernise their technology, handling the new messaging format, and consider moving to the cloud. The migration to ISO 20022 is more than just a new messaging format, it's the start of a new era for payments, enabling payments innovation, offering more flexibility, and creating opportunities for greater interoperability between systems.

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Description

ISO 20022 is a game changer for debit card issuers, offering a true game changer for debit and credit card issuers, revolutionising how payments are processed...

Technical Information

File Format: PDF
File Size: 914 KB
Pages: 10
Language: EN
Total Downloads: 66
Last Updated: 2 months ago

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