Expertise
Payment is a constantly changing world.
CentralPay helps you automate your most advanced
payment and transfer processes, relying on 3 pillars:
A modular technological environment, providing agility and security
Authorizations to ensure cost and value chain control
Detailed knowledge of a complex industry issues
with multiple shapes
Technology
We understand that the choice of your payment partner is crucial to the success and growth of your projects.
In 2017, CentralPay decided to completely redesign its payment platform in order to fully align it with the objectives of our Customers and Partners: to bring a great capacity for evolution, resilience, and agility.
API first oriented and backed by proven open source standards, our technological environment is fully controlled in-house: development, approval, testing, exploitation, evolution, and security.
Benefit: You benefit from a modular and urbanized architecture in microservices, in perfect control of functional evolutions in order to facilitate the integration of our solutions to your IT environments.
Regulations
In order to fully control flows and participate in the payments clearing on a European and international scale, CentralPay is engaged in an authorization acquisition approach:
Payment Institution and Electronic Money Institution : In the same way as a bank, CentralPay is subject to supervision by the French regulator (Banque de France / ACPR), as well as to a periodic independent audit to ensure the compliance of the platform, its control systems and its financial health.
PSD2: CentralPay complies with the Payment Services Directive no2, which imposes requirements in terms of strong authentication and data protection.
PCI-DSS: CentralPay annually obtains the highest possible certification for bank data security and fraud prevention, the PCI DSS level 1 standard.
EBA CLEARING & EPC: As a member of the European Payment Council and a member of EBA CLEARING, CentralPay integrates the European SEPA regulation schemes to issue and receive credit transfers and direct debits from its own IBANs and virtual IBANs.
SWIFT: Connected to the SWIFT network, the most widely accepted messaging system in the world, CentralPay is able to exchange international financial flows with most participating banks and financial institutions.
Visa, Mastercard, Cartes bancaires, American Express: CentralPay is accredited by the major card networks, to optimize the payment journey and conversion of all its users.
Benefit : You control the entire value chain to optimize payment acceptance and cost management.
Know-how
History
SWIFT Member
SEPA STEP2 membership
CentralPay turns 20!
CentralPay became a Payment and Electronic Money Institution
Complete platform overhaul
The platform is certified PCI-DSS Level 1
Creation of the CentralPay payment institution, in Tours
Platforms
PSD2 imposes new rules on all platforms whose activity is based on collecting third party payments. To be able to operate, they are now required to acquire Payment Services Provider Agent status.
This obligation impacts several activities:
As an ACPR-approved payment institution, CentralPay is able to issue this status, enabling it to provide payment services to platforms in its own name and under its own responsibility.
Meeting
Valérie Leperlier-Roy
Legal and Compliance Department
All about the CentralPay payment institution
The execution of an online payment may require the intervention of several third parties:
CentralPay operates its services from a French datacenter. The equipment and services operated on these two sites are fully redundant: Tier III datacenter design, ISO 27001 & PCI DSS Level 1 standards, triple induction Telecom, storage bays and Active/Active environment between the two sites, on-site technical teams...
This highly secure environment enables CentralPay to deliver a contractual SLA of 99.9% with an RPO (maximum data loss) of maximum 60 seconds and an RTO (recovery time) of maximum 15 min.
Unlike banks, payment institutions are not authorized to invest their customers' funds.
In addition, as an authorized E-money and Payment Institution, CentralPay is legally obliged to keep all account holders' funds in a protective account, guaranteeing their security. In the event of a banking panic, users would get their money back almost instantly.
It's a design and development approach centered on the creation of a robust, consistent and well-documented Application Programming Interface (API), which ensures communication with other different applications and services.
Rather than building an infrastructure with a specific user interface, the First CentralPay API promotes reusability, scalability and flexibility, enabling the software to evolve smoothly over time and be easily integrated by users.
Tell our sales teams about your project and your payment volumes.
We'll send you a feasibility analysis and an appropriate pricing proposal.
Our technicians will guide you through our API documentation to get your integration up and running quickly and smoothly.
CentralPay is an Electronic Money Institution authorized by the Banque de France through the French Prudential Supervision and Resolution Authority (CIB 17138).
