Thursday Aug 16, 2012

ISV Exastack program: Electracard

ElectraCard Services is a subsidiary of OPUS Software Solutions and provides real-time, third-party credit, debit, prepaid, and smart card processing services in the U.S. and more than 30 countries in Africa, Asia, and the Middle East.

ElectraCard Services offers a number of solutions for issuing, acquiring, risk, and fraud management in its electrasuite product portfolio. The portfolio includes electraSWITCH, which processes ATMs, point-of-sale, internet, and cell phone banking transactions as either “on-us” transactions (where the issuing and acquiring bank are the same or part of the same group and no interbank transaction is required) or “switching mode” transactions, where foreign transactions must be sent to electronic fund transfer networks for authorization.

ElectraCard Services ported its electraSWITCH solution on Oracle Exadata Database Machine X2-2, Oracle Exalogic Elastic Cloud X2-2, and Oracle Linux. ElectraCard then tested the new system at Oracle Exastack Labs to prove it could meet customer requirements. The company achieved processing speeds of more than 12,000 transactions per second (TPS) and a twofold improvement in performance. 

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