Payment Processing Services
Accepting and processing payments rendered at POS terminals and through host-to-host connections
A long history in high quality processing services
Next to being licensed by De Nederlandsche Bank (DNB) as Payment Institution CCV is also licensed as Payment Processor.
As Payment Institution, CCV provides services to merchants for various payment products (such as Mastercard, Visa, Maestro, V PAY, Bancontact, iDeal).
As Payment Processor, CCV provides processing services to payment Institutions, i.e. acquirers and payment facilitators. These services are listed below.
In addition to processing the common international payment products, CCV has a long history in processing petrol and fleet card transactions, which require specific petrol market functionality.
Security and privacy of your data is our top priority
Acquirers and payment facilitators entrust us with sensitive transaction data. In addition, given our critical role in the economic ecosystem, we understand the importance of managing risks threatening our services and related customers’ data. Our teams use their knowledge and expertise to reduce the risk of all types of threats.
Basic Processing Services
Payment transactions are accepted from a source and forwarded (switched) to a destination, such as the Payment Institutions and payment schemes. Basic Processing also includes the production of transaction export files.
CCV supports a wide variety of payment products, acceptance technologies and transaction types.
Acquiring Processing Services
In addition to Basic Processing services, acquirers and payment facilitators may obtain acquiring processing services. These include payment scheme clearing, merchant settlement, merchant invoicing, reconciliation functionality, reports, and risk management activities.
CCV supports many scheme formats, transmission types and aggregation levels for merchant settlement.
When a new component (mostly POS device type) is introduced in the payment infrastructure used by the acquirer, payment schemes require a brand certification.
CCV can assist you in many aspects of this certification, e.g. by offering a test environment and expertise.
1 billion transactions for 20 Payment Institutions
Every day CCV delivers services to more than 20 Payment Institutions.
For them we process more than 1 billion payment transactions each year.
High levels of security and continuity
Our processing domain, processes, qualified staff and our risk mitigation measures ensure that payments are accepted and processed 24/7 with very high availability and in line with the market standards. All aspects required for the services meet stringent (cyber) security, privacy and compliance requirements. Based on CPMI guidelines, we have an effective approach on cyber resilience for financial market infrastructures. We are also responsible for regularly conducting third-party audits, and maintaining certifications to verify the security of our systems and processes.
Our Processing domain is certified for:
Payment Card Industry-Data Security Standard
Security measures protecting data related to cardholders and the environment it resides in and that ensures secure processing of transactions and files for and to our customers.
Payment Card Industry-PIN Security
Security measures protecting acceptance, processing and transmitting payment cards’ Personal Identification Numbers (PIN).
It involves encryption, key management, and the hardware used to do so.
Measures maintaining and continually improving an information security management system (ISMS) in order to secure the data in CCV’s Processing domain.
ISAE 3402 Type II (SOC 1)
Provides assurance to specific customers that CCV has adequate internal controls relevant for the financial reporting to customers.