Transaction Processing Engine
Tyler Payments is delivering the next generation of Transaction Process Management. We understand that processing the payment is only part of the transaction lifecycle. The Tyler Payments solution leverages 20 years of proven leadership and experience in processing over $102 billion in transactions while exceeding state and industry security standards.
The Transaction Processing Engine is an electronic payment system built specifically for complex online payment, disbursement, and reconciliation processes. TPE is a secure, reliable, centrally managed solution that provides complete transaction management services from payment to disbursement. Designed to function alongside existing front and back-end solutions, TPE provides a single interface for the processing and management of transactions.
Features
- Real-time Financial Reporting: TPE provides comprehensive, user-driven, financial reporting that can be exported in multiple formats.
- Payment Card Industry (PCI) Level 1 Compliant: TPE is certified by PCI Data Security Standard (DSS), compliant with Payment Application Best Practices (PABP) standards, and listed as a Validated PaymentApplication by VISA.
- Multiple Payment Types: TPE supports all payment types (credit card, debit card, ACH, and e-check), payment channels (web, OTC, IVR, and kiosk), and operating platforms.
- Multiple Integration Interfaces: TPE provides seamless integration interfaces, including Web-services API and Common Checkout.
- Automated Disbursements: TPE’s disbursement engine enables automated daily disbursements to customer accounts.
- Hosted by Proven Data Center: Tyler Technologies’ best-in-class data center offers full redundancy and secure and controlled access.
- Robust Reporting: TPE offers user-configurable reports at both the individual service level as well as consolidated reporting.
Benefits
- Business Integration: TPE’s API allows for ease of integration with back-end financial systems to manage transaction revenues, reporting, and automated reconciliation.
- Robust Administrative Tools: TPE offers a uniform set of administrative tools to manage user accounts and transaction details.
- Full Transaction Lifecycle: TPE stores transaction data from origination to disbursement for tracking and auditing requirements.
- Detailed Search Capabilities: TPE allows authorized users to quickly and easily access the information they need.
- Service Oriented Architecture (SOA): TPE employs SOA for ease of integration with back-end systems.
- Software-as-a-Service (SaaS) Model: TPE supports the establishment of merchant services in days rather than weeks.
- Chargeback Processing: TPE provides a seamless workflow to assist in the management and resolution of customer chargebacks.