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Transaction Switching

Clydestone partners with TradeRoot to provide enterprise transaction switching solutions.

Think of immediate, simple access to online commerce;
...Think of an end to fraud and repudiation;
...Think of authenticated transactions;
...Think of consumer reach without boundaries;
...Think of seamless, integrated fulfillment;
...Think of the perfect transaction.

....Think Clydestone Ghana

Now you're starting to think like us.

The Business: making transactions perfect

TradeRoot is a transaction technology solutions provider, specializing in building and deploying full enterprise technology solutions and bank & payment gateways. TradeRoot’s technology controls the entire transaction, authenticating consumer reach and controlling the communication channels. TradeRoot's enterprise technology in addition integrates procurement, settlement and delivery functions into a single process. This is achieved through:

  • Embedding the technology on consumer’s point of entry
  • e-Enabling the merchant and the merchant’s carrier; and
  • Installing transaction switching capacity at the infrastructure provider or bank.

Turnkey transaction technology:

TradeRoot’s various products combine in powerful turnkey enterprise solutions or electronic commerce processing hubs, authenticated and secure environments. These environments are created through linking physical (cabled), virtual (internet), and wireless communications networks and are made secure through the application of proprietary technology that governs a transaction from end-to-end.

Designed on open platforms, the enterprise technology is secure and versatile and can seamlessly interface with existing operating systems and hardware environments. The technology is a true enabler and can significantly enhance an existing operating environment without unnecessary hardware replacement.

The power of the enterprise technology lies in the ability to market applications and has the following advantages over existing electronic commerce infrastructures:

A single infrastructure can be used for Business-to-Consumer (B2C), Business-to-Business (B2B), and Person-to-Person (P2P) commerce.

  • Issuing, management, administration and switching of both cash and non-cash value including, bank-issued debit and credit cards, private label cards, vouchers, loyalty redemption and cross-redemption, virtual accounts and inventory traffic, loyalty schemes, vouchers, (member management, redemption, and cross redemption), and health insurance administration (member management, rules management, issuing, control and reverse EFT).
  • Enabling B2B fulfillment agencies including the management and switching of 3rd party inventory.
  • Enabling large organizations to become Customer Payment Service Providers (CPSPs) and control their transaction systems and payment gateways.
  • Intrinsic control procedures including dual-audit streams (inventory and EFT), the management of legal and logistical documentation (invoice, proof of delivery) and automatic rollback of transactions, in the event of non-completion.

Today’s challenge- today’s solution!

Clydestone installed an ISO 8583 enterprise transaction switch for Transaction Solutions Ghana Limited (Transol). The transaction switch launched Ghana’s first electronic voucher recharges system with Scancom Limited providers of the Areeba GSM Mobile Service.