Revolutionizing Payment Systems: Introducing CYNTE's EMV Cloud Kernel Platform

In an era where virtually every aspect of business operations is migrating to the cloud, the realm of payment processing stands as a crucial frontier awaiting transformation. With advancements in technology reshaping traditional workflows, it's becoming increasingly apparent that payment applications in terminals must follow suit and embrace cloud-based solutions. As businesses strive to optimize their processes and adapt to evolving market demands, the time has come to leverage the power of the cloud for payment processing as well.

With all the benefits that the cloud provides, in the payment scope, it adds additional benefits to payment terminal providers and acquirers, such as:

Cost-effectiveness:

Amidst this shift towards cloud-based solutions, Cloud Kernel solutions emerge as beacons of cost-effectiveness for businesses across various industries. By capitalizing on cloud infrastructure to minimize hardware requirements in client terminals, these solutions offer a compelling proposition for merchants and payment service providers alike. With the bulk of payment logic now residing in the cloud, the need for expensive hardware is significantly reduced, paving the way for substantial financial advantages in the increasingly competitive landscape of payment processing.

Operational efficiency and maintenance:

The days of difficult updates and maintenance for each merchant terminal are over. With the advent of cloud-hosted applications like CYNTE's, businesses can seamlessly implement updates for new features or bug fixes, eliminating the need for manual updates across countless devices. This streamlined approach not only alleviates operational burdens but also mitigates issues reported by merchants, leading to enhanced overall efficiency and heightened levels of customer satisfaction in the payment processing ecosystem.

Streamlined integration for new card schemes:

Integration of new card schemes has long been a formidable challenge in payment infrastructure, often necessitating extensive updates across merchant devices. However, with solutions like CYNTE's EMV Cloud kernel platform, this process becomes streamlined and cost-effective. Updates are solely required for the host application, eliminating the need for updates on individual terminals. This not only expedites the integration of new card schemes but also simplifies the L2 Kernel certification process, further driving down costs and bolstering efficiency for businesses navigating the complexities of payment processing.

Simpler Terminal Management System:

As most software transitions to the cloud, the Terminal Management System becomes simpler. This simplification makes managing EMV parameters, keys, and configuration files easier.

Faster & Better Issue Detection:

With the majority of processes managed in the cloud, there's no longer a reliance on offline logs collected by the Payment application on the device. All transaction activity occurs on the cloud server, enabling easy monitoring when necessary.

Recognizing this trend, with over 17 years of experience in Payment terminal L2 and L3 layer software expertise, CYNTE is delighted to introduce its innovative EMV Cloud kernel platform. This transformative solution for modern payment systems moves 90% of payment logic to the cloud, unlocking substantial benefits across various facets of payment device provision and operation, and facilitating EMV/Chip payment capability for both Android and traditional POS terminals. It brings significant benefits to payment device providers and represents a paradigm shift in modern payment infrastructure, offering businesses unprecedented flexibility, efficiency, and cost savings.