Compass Plus Technologies

Compass Plus Technologies is built around TranzAxis, an open, cloud-native platform for building processing centers, internet acquiring and payment hubs. The company is based in Nottingham, United Kingdom, and was founded in 1989.

Platform TranzAxis is described as an open development platform. Modules include an E-commerce Gateway, Real-time Payments, Tokenization and Fraud Control. The company positions it as its flagship solution for bank processing and for large payment operators.

Clients and markets Target customers are banks, processing centers, PSPs and fintechs. Stated geography covers the United Kingdom, Europe, the Middle East, Africa, Asia and Latin America.

Commercial model Delivery is through enterprise licensing or PaaS. Licence cost, implementation scope and support terms are not published and depend on the modules and on the scale of the processing operation.

Who it suits Banks and processors that plan to run their own authorization, switching and e-commerce acquiring on a single configurable platform, as well as payment operators that need to add new services without replacing the core system.