NARADA SWITCH

In today's world, activities like Cash withdrawal, Purchase, Utility payments etc. are frequently conducted by Customers at unattended devices terminals that are spread across and easy to use. This is more so in the Banking and Utilities sector where the focus is on providing 24 x 7 availability for better Customer Service.
Banking has evolved into a highly competitive and sophisticated business in which technology is increasingly providing the edge. Today's customer wants services and information to be provided at all times and places. ATMs, Kiosks and POS devices have helped banks achieve "Anytime, Anywhere banking".

NARADA™ SWITCH is a software based transaction processing product designed to handle online financial transactions from Automatic Teller Machines (ATMs), Cash Dispensers, Kiosks, Phones, Internet Applications, Point of Sale devices, International Interchanges such as Visa, Master Card and Diners. NARADA™ SWITCH is designed to meet the needs of the financial institution or Electronic Funds Transfer (EFT) network that must switch large volumes of transactions from many/any source(s) to many/any destination(s).

• Connects to multiple delivery channels and
  Sy multipleAuthorizationHOSTsystem / networks.
• Facilitates Anywhere Anytime Banking.
• Supports interface to ATM, Point of Sale, KIOSK,
  Sy Internet Applications, Phones.
• Supports industry standard ATM emulation
  Sy interfaceNDC+&D912.
• Supports different types of Communication
  Sy Protocols (x.25, TCP/IP etc.) with different types of
  Sy connections.
• Can handle any Message Level Interface. Supports
  Sy all industry standard message formats like
  Sy ISO 8583,XMLetc.
• Transaction routing between the source and the
  Sy destination is key field based and configurable.
• Supports BIN based transaction routing.
• Interface to Host Security Module (HSM).Support Sup Hardware&Software based Security Module.
• Interface to NARADA™ CARD (Card Management
  Sup System) product.
• Stand-in Authorization based on Negative Files,
  Sup Positive Balance Files (PBF), Preset Limits.
• Store&Forward (SAF) facility.
• Interface with regional, national and international
  Sup interchanges such as Master Card, VISA.
• Interface to NARADA™ CAM a GUI based tool that
  Sup provides a real time picture of the functioning of the
  Sup ATM network and allows for quick response to any
  Sup problem.
• Supports ATM proofing, POS transaction
  Sup settlement, Interchange transaction settlement

These transaction sources are typically ATM, Point of Sale, Internet networks, downstream processes, or acquiring financial institutions. Typical destinations include card issuers or EFT networks or national international interchanges.

Application areas of NARADA™SWITCH are:

• Financial messaging
• Online transaction processing
• Internet Banking
• AutomatedTeller Machines (ATM)
• Point of Sale (POS)Terminal
• Customer information and transaction
  Sup KIOSKS
• Telephone Banking
• Merchant web server transaction
  Sup authorization
• Interchange network switching and
  Sup authorization
  A single NARADA SWITCH system can drive
  ATMs, Kiosks, POS terminals and Internet at the
  same time, and also provide transaction routing
  facilities so that acquirers or processors can send
  transactions to different networks or issuers.
  

Architecture

• Designed to run on the UNIX operating system.
• Object oriented design and completely modular. Sup Developed Sup inC&C++.
• Layered architecture. Provides flexibility to plug in
  Sup or remove any layer depending on the need.
• Facilitates both distributed and centralized
  Sup transaction switching models.
• Designed for High Availability fail over
  Sup architecture.
• Can be scaled up massively without modification
  Sup with increase in number of Channels and the total
  Sup transaction volumes.
• Front-end systems based on Client Server
  Sup architecture.
• Design provides for having multiple front-end client
  Sup systems either installed on the Local Network or on
  Sup theWAN.
• Supports a GUI interface for all front-end systems.
• Built in operational security when accessed
  Sup through the front-end systems. Only authorized
  Sup Users can access the system.
• Designed to be completely configurable and
  Sup parameterized. It can be configured using a GUI
  Sup based Configuration Management System.
• System can interface with anyRDBMS.
• Front-end systems are programmed using Visual
  Sup Basic, JAVA.
• Modular architecture provides the facility to add
  Sup new delivery channels to the NARADA™ SWITCH
  Sup system as and when the Business need arises thus
  Sup facilitating "EVOLVE AS YOU GROW, BUILD AS
  Sup YOUEVOLVE”