Sirma Solutions

Success Story: System for Electronic Payments

System for Electronic Payments Bulgaria /SEP Bulgaria/ JSCo is an operator of a national network for electronic services. The mission of SEP Bulgaria is the positioning and endorsement of modern, convenient, and reliable electronic services for the customers.
Sirma is the key technology partner of “SEP Bulgaria. Mobile Payment System (mPay) is innovative mobile payment system for mobile payments and GPRS point-of sale terminals. It provides wide range of financial and customer care services. Unlike magnetic bank cards, the SEP system implements secure real-time any-time any-place communication between banks, merchants and customers. Sirma role in the project includes but is not limited to:

• Main technical partner
• Provision of technical expertise and resources to achieve project goals
• Provision of consulting services for banking IT processes and practices
• Provision of knowledge and expertise of industry-wide bank standards
• Management of technical teams to develop and deploy identified software systems
• Provision of hardware needed to build company IT infrastructure Provision of data center services with required level of security and availability to host service software applications
• Provision of technical support of the installed software and hardware to ensure reliable service to end customers

Sirma has developed the technological platform behind the Mobile Payment System, that insures it main features:

• Authorize mobile payments
• Interface to bank authorization systems based on ISO8583
• Stand-In authorization of mobile payments in case bank authorization centre is not available
• Clearing and settlement of mobile payments
• Interface to central bank to settle mobile payment bank positions based on SWIFT
• Bank clearing based on ISO20022
• POS, GSM and Web payment channels
• Security of payment channels – ECC, ANSI X9.63
• Mobile Network Operator interface
• Web services interface for mobile payment service enrolment