WASP is a payment gateway facility specially developed to enable acquirers, payment processors, service providers and merchants to use or offer an online white label payments acceptance service.
WASP provides a payment gateway; branded reports, APIs, documentation and user portals - allowing acquirers and third parties to offer a complete payment service covering the main payment types with minimal effort.
Click below for an introduction to WASP
Merchants, in Australia and globally, want to accept all popular payment methods. WASP processes the international credit and debit card brands; local debit and the most popular Chinese e-wallets.
Click below to discover more about cards and wallets in the world's largest electronic payments market.
Cloud based - full function and low cost. Easy, fast to market, well supported implementation. Online portal for merchant, client and transaction management.
Purpose built for acquirers and processors. Full function – no operational or technical capabilities required. White label - maintain control of your customers and brand.
We future proof your business with new product development and compliance releases and support you with bespoke development. Our pricing is transparent and cost-effective.
Provide a cost effective, easy to implement payment solution for acquirers and third party payment suppliers; provide a complete and reliable service covering the global market; process the major payment brands; provide access to new and innovative payment methods; provide multiple links to different payment systems; ensure high availability with quality support and support all payment channels.
Multiple payment channels including e-commerce, point of sale, m-commerce and IVR; all cards and apps from the major Chinese payment brands; can be configured to enable local payment brands; unique architecture with multiple links to the payment systems; the most complete coverage and minimal downtime.
WASP helps manage your merchants and provides a secure customer account management database.
WASP manages payments on a secure, cloud hosted architecture.
WASP manages merchant data using secure browser access to real time customer and payment information with on line tools to manually process payment transactions.
WASP provides an outsourced proposition to acquirers, merchants and payment processors offering advantages in:
Significant cost savings – lower costs incurred for hardware, software, telecommunications and internal operational overheads.
Faster time to market – WASP makes it possible for you to be live with your service in a much shorter time frame than usual.
Reduced risk – WASP clients avoid many of the risks associated with an in-house system such as high initial and on-going costs; recruitment of skilled technical resources; data security requirements and ability to stay up to date with the latest industry requirements, compliance and trends.
Business transparency – WASP is an out-sourced, white label packaged service running on Amazon Web Services. All costs are clear and agreed up front.
Reduced burden of merchant administration - Our web-based portal allows acquirers and processors to manage their clients, merchants and transactions.
Wide applicability - WASP can be used to enable individual merchants regardless of size and number of transactions. It is an ideal solution for the small to medium enterprise (SME) but can also be readily tailored to suit larger enterprises that operate call centres and web sites to service their clients.
Rapid merchant payment enablement - WASP deploys a flexible connection mechanism based on easy to implement APIs.
Range of payment methods - WASP supports credit and debit card payments from most popular card brands and e-wallets.
Secure payments - Data passed between the merchant and WASP is encrypted using industry standard cryptography.
Future proofing - WASP will continue to be compliant with new industry initiatives.
Making payments easy
Based in Sydney, Australia; Stratsol was founded by a group of payments experts to provide secure, easy to implement and cost effective traditional and innovative payments. The customer base for our cloud based platform includes organisations from a variety of industries and countries.
David has extensive leadership experience in the financial services sector, payments systems architecture and operating disciplines, with an affinity for business outcomes. David previously held CTO positions at Beem, Cuscal and Strategic Payment Services.
Simon was previously the CEO of Strategic Payment Services, a joint venture of Mastercard and Bendigo Bank. Prior to that, Simon held various senior technology roles at Mastercard, most recently as Head of Technology and Operations for the AP region.
Shuan has wide experience in product development, sales, marketing and business development in the financial services, payments and IT industries. Shuan previously held senior management roles at a number of global companies including Mastercard and UnionPay.
Speed and simplicity of implementation are the key WASP advantages. A unified platform, common APIs, sample source code, technical and product support from multiple offices in Australia, Asia and Europe - we make taking payments and offering solutions easy.