Digital retail payments

The payments and payment cards market is changing along with consumer behaviour. Cashless economy, instant payments, mobile banking and digital commerce, the growing impact of regulatory agencies are some of the trends that are affecting us right now. The increase in payment methods (including non-bank channels), increasingly complex and evolving digital technologies, demographic changes that affect trade flows and currency markets create additional competition among market players. In order to stay competitive and use all the opportunities offered by the global payment industry, it is necessary to transform within the changing business environment and keep the pot boiling.
Leverage on our digital retail payments business development experience powering everyday payment transactions for more than 500 financial institutions in more than 30 countries globally in the following areas (click for more): 
Today our solutions that help to optimize and boost everyday payment transactions are used by:
Retail banks including banks with an extensive network of branches 
National switches including the ones that seek to implement domestic payment schemes. For more information, please see here
Processing companies that provide their services on local and cross-border level. 

What do we offer? 

A solution to be among the first who follow the trends of digitalization in harmony with modern technology
Reputation boost through innovative business solutions, thus attracting new customers
Easy-to-implement and fast time-to-market  for both classic products and innovations
Cost reduction via efficiency improvement for data processing, process automation, and use of service-oriented architecture
Revenue increase by adapting customer needs using flexible architecture of our solution
Stability and security through the use of the platform that meets the requirements of International Card Organizations and industry security standards
We offer a single platform fully functional software solution for digitalized retail payments. We provide an opportunity to get ahead of digitalization challenges of the modern world, providing a standard functionality for payment processing, including off-the-shelf business solutions, as well as advanced customized solutions.

Future proof business solutions for growth

In search of a long-term partner for developing or reshaping your retail digital payments business, to achieve the best results consideration must be given not only to the choice of the hardware and software platform, but also to the availability of expert guidance, including in the area of business case modelling. Also, customer experience, realistic budget estimates and observance of business terms and conditions play an important role. Learn more about our business solutions for faster time-to-market, including cloud-based payments, processing and clearing, acquiring and card issuing.

Functionality development


Do not hesitate to contact us to learn more about the opportunities improving your payment systems. 




Valdis Janovs
Head of Retail Payments and Cards, Tieto