Sberbank developed service of the last generation for automation of trade acquiring

2020: Development of service of the last generation for automation of trade acquiring

On May 13, 2020 Sberbank announced implementation of service of automation of trade acquiring — the module "Dynamic Pricing" which allows to provide the most operational money transfer process to partners of bank.

Due to the continuous growth of the direction of trade acquiring Sberbank in 2017 made the decision on creation of own automation system. A core of a technology platform became software of GridGain In-memory Computing Platform which meets to the majority of requirements of bank, including performance, convenience of implementation and fault tolerance.

Together with vendor of GridGain the product was developed, and since December, 2018 step-by-step implementation of the module "Dynamic Pricing" in commercial operation which was complete in 2020 began. This module is crucial for acquiring work. A problem of a product — to provide operational and ongoing translation of considerable amount of money to partners of bank: to retail chain stores, shops and service enterprises.

Sberbank aims to work for advancing. In 2018 we took the fifth place in the rating of the largest ekvayer of the world, having at the same time become the first in Europe, and already the same year began integration of service which allowed to bring trade acquiring to higher level on speeds and reliability. We are proud of the fact that "Dynamic pricing" — one of the fastest settlement services in the world. For May, 2020 the absolute majority of calculations for data preparation for payment to partners are performed based on the automation system of the last generation. At the same time the continuous growth of the direction of trade acquiring forces us on a permanent basis critically to look at the automation system — it should satisfy us taking into account business development perspectives. For this reason we have big plans for development of this system and implementation of new hi-tech and productive services on a modern technical stack, told Dmitry Malykh, the director of the "Acquiring and Bank Cards" division