Merchant Cash Registers Integrated Payment Platform Development

At present, the application of domestic bankcard is urgent to be improved while bankcard is penetrating and consumers are used to swipe cards in their daily life. The merchant payment integrated platform (MPIT) is purposed to connect merchant retail sales system and the bank POSP system together, which aims at enhancing the convenience, security and its stability of payment environment as well as reducing banks' marketing cost. MPIT will significantly push the card consumptions by providing the concrete benefits to both cardholders and retailers. Therefore, the MPIT has the extremely great economic efficiency and the social efficiency.First of all, this article is to analyze the current problems and weakness of failing to use cards at the point-of-sales from the angle of current retail environment and its card payment situation as well as integrates retailers' needs on managements and their available resources, then we will focus on the discussion of MPIT' s feasibility. Based on the analysis above, a Scitech Plaze case is to be shared to illustrate how MPIT works in the real and how are the main features and its working process. After the real case, it will go deeply into the fame design of MPIT and the subsystem of transaction process, risk management and merchant management. Furthermore, it will stress emphasis on the design of interface subsystem embedded into different retails' platform and how is qualified to PCI data security standard, which refers to the protection on cardholders' data, security access management, monitor data accessing and the design of security code. Finally, it wraps up and draws conclusions and recommendation to MPIT future development.