Is The Distra Switch the Next Generation in Payments Switching?

Distra offers banks and other processors the opportunity to stay ahead of the game by reducing costs, embracing greater agility and unlocking the huge potential in greater access to real time payments data. The Distra Switch has claims on being the next generation in payments switching. The use of electronic payments generated by credit and debit cards will soon surpass the use of checks in the USA. The uptake of card payments is a global phenomenon as consumers and corporations become more familiar, confident and trusting in using electronic card payment mechanisms. As the market has matured, the payments network has come under more scrutiny from regulators and participants. This poses some significant challenges to existing payments processors; handling increasing volumes on aging infrastructure, providing improved service levels to meet customer demands, getting product to market faster and a focus on reducing costs due to competitive/regulatory pressures squeezing margins. In bringing its payments and high performance transaction processing software to the USA, Distra is working with key partners including Oracle. Distra and Oracle have recently performed operational integration tests of a simulated end-to-end payments solution with another Oracle partner Synoran, a Columbus, Ohio, based software and services company that specializes in enterprise wide payment solutions and check image processing. Utilizing a commodity Linux/Oracle 10g platform set up in Hewlett Packards Enterprise Solutions Laboratory, Littleton, Mass., these tests aptly demonstrated the rapid integration and open data access capabilities of these next generation products. Distras application also demonstrated significant performance on commodity platform at levels typically associated with large payments processors.