Prism Payment Technologies

Llewellyn Walters
Group Sales Director - Prism Holdings
VeriFone VIP Vendor Forum
Athens 10th 11th May2006

P Agenda
Prism A short history
The markets that we address
The evolution of FlexiLANE
What we had to work with
The solution that we built
FlexiLANE roadmap
How can this benefit you?
Questions and answers

Prism A short history

Prism Early Days 1994 to 1997

Started in 1994 as a buy-out of a payment switching
business.
By 1997 had office locations;

Fourways, Sandton (Head office) and Wynberg, Cape

Town (Hardware and Software Development)
Staff complement;

15 in Johannesburg and 17 in Cape Town

Comprising 80% software development and general
engineering personnel

Company

Milestones

1999

1998

1994

Sign up as VeriFone
VIP.

Prism founded as a
result of a Management
buy-out of Linkdata.

Buy chip card plant

from TEMSA.

1994

1998

2000

Acquire Prism
TranSwitch Services
(PTSS / EasyPay).

Acquire VeriFone
South Africa

Prism lists on JSE.

1999

2001

2003

2004 2005

2001

Acquire SMG
from Nanoteq.
Expand
operations into
APAC and set
up offices in KL.

2003

BEE deal with

Gijima Technologies
(EasyPay
empowered).
Awarded
honourable mention
in TT100 programme.

2004

2005

Prism fastest growing VIP.

Prism turns 10.
Sign 10-year development
agreement with Nasdaqlisted Radiant Systems, Inc
Awarded 1st place for VTU
in TT100 programme.

Prism Black empowered via

MIC.

Win IDC award for creativity

in technology development.
First in Africa to achieve
FIPS 140-2 certification.
Awarded 1st place for TSM410
in TT100.

Prism Today - 2006

Turnover : $ 60m , Staff complement : 286

75% still software development and engineering support

personnel

Currently being acquired by NASDAQ listed Net1UEPS (UEPS)

Prism Today 2006 cont

Fourways Head Office
Administration
Terminal Development
Wireless Development
Cape Town
Rondebosch EasyPay Switch and VAS Operations
Wetton Development, Support and Repair Facilities
Durban Crypto Hardware and Software Development
Springs Smart Card Production Plant
Asia Sales and OPT Production offices
UK and Europe satellite representation

P The markets that we address

The markets that we address

Banking
ABSA Bank (Barclays PLC)
BankServ
Barclays Bank PLC
First National Bank
Kenya Commercial Bank
Mercantile Bank of Lisbon
Nedcor
Rennies Bank
Stanbic
Standard Bank
Telecommunications
Axalto
Celcom
Giesecke & Devrient
Infineon
Marconi Communications
MTN Group
Oberthur
Smart Communications
Telkom
Vodacom

Retail
Clicks
Edcon Group
Makro
Pick n Pay Group
Shoprite Holdings

Petroleum
BP
Caltex
Radiant Systems Inc.
Shell
Tas Helat
Total

Utilities
Eskom
Various SA Local authorities
PayShop

Other
South African Post Office
DHL

The evolution of the FlexiLANE

PPS Requirement History - Asia

Petroleum Client with Prism OPT and 3rd party POS

full payment server Prism Payment Server is born

switch integration
full OPT and POS integration
existing magnetic stripe debit/credit acceptance
MEPS PMPC acceptance
Timing estimates
January 2000 - commence development
August 2000 - implementation

PPS Requirement History SA Client

Shoprite - 2001
Need for a payment gateway for Large Multi-lane Retailer
Supported Integrated ECR / PIN pad devices
DOS based ECRs
Store Server Integration
Value Added Gateway Application Server
Remote device and server management - Netmons

Prism offered:
Linux and Java based technology
3 tier Security approach
Open Standards approach

PPS Requirement History cont

Integration into non-bank switch EasyPay

Support for Bull Vendstar POS
Electricity vending for ESCOM National Electricity Supply
Migration to VeriFone PIN pads thick client
Bill Payment
Phone top-up fixed line and cellular operators (currently 4)
Gift Vouchers / Gift Cards
Private Label Card Schemes
Upgrade from DOS to Windows ECR / Store server
Integration into embedded 3rd party solutions POSTEC
EMV upgrade

Specific requirement : Petroleum

We had rolled out terminals into a major Petro group in SA, and had
seen the problems faced by the merchants:
Reconcilliation of daily totals : Bank control
Payment problems
Site-wise velocity checking
General lack of control
Speed of VAS implementations
Multi merchant views
Payment device portability
Convenience store integration
Electronic backup
Etc

When we investigated further, we realised that we had all the components

for the perfect solution , made easier by :
Verix and portability to VerixV
VeriFone introduction of WiFi.

What we had to work with .

Multi-Lane Payment Server

Enabling merchants to maximise the benefits
associated with adopting a retail-automation strategy.

Seamlessly integrating with industry standard

transaction security technology.

Enables the merchant to handle all major payment

tokens, accepted via a myriad of devices, for a host of
different transaction types.

Small software footprint allowing it to co-exist on

legacy POS/Site Server infrastructure

FlexiGATE
A Central Host that supports:

FlexiLANE platforms
Stand Alone VeriFone POS terminals
Terminal Management
Hotcard management
BIN management
Terminal parameter / configuration
Transaction Logging
Interface to Switch or Bank Host
Pushes FlexiVIEW heartbeat messages to
FlexiVIEW server
Value Added Services routing

FlexiGATE / FlexiLANE Thick Client

FlexiLANE Solutions
Architecture: High End Service

PRISM OPT

RS 485
IFSF
TCP/IP

RS485

SWITCH

PINPad

WebConfig
Tool

NETMON
Monitoring
GUI

WiFi HUB

POS WiFi
Portable
Config
Manager
Version
Control

FlexiGATE
Monitor

BINS
dBase

Download
Manager
Device
Manager

FlexiGATE

Message
Handler

Key
Management

VAGAS

Device
Control
Database

TSM 220
ALTOS
Fleet

CAS
BANK

FlexiLANE
NETMON
Monitoring

Software
Manager

TCP/IP
RS422/ WiFi

Config
Manager

ECR

VCS
410

SITE/ STORE SERVER

*Config Management
*Key Management
*Logging
*Recon,Settlement
*Device Monitoring and control
Server Detail

PINPad

Server Detail

TCP/IP
RS422/ WiFi
Bridge
ECR

Pump Controller

*POSTEC
*POSTEC & VAGAS EMBEDDED

FlexiLANE a Software Solution

PINPad

Components for Forecourt / C-Store

The Bigger Picture - FlexiLANE

GPRS
antennae

interfacing and
concentration layer

GPRS
APN

Ability to interface

with various
payment and VAS
devices
simultaneously

Contains a fully-

TCP/IP
ISO 8583

WiFi
Terminal

Bank

TCP/IP
XML

C-Store
Terminal

Settlement
& Recon

Config &
Monitoring

Monitoring & Report data

fledged EFT
processing engine

Acquiring Bank

Oil Company

Architectural

Device Management & Downloads

Forms an

flexibility

Fuel
Station
* Embedded System
FlexiLANE

File and Site

Management
Hotcard files
BIN files

FlexiGATE

File Transfers

EasyPay

Acquirer

The solution that we built

FlexiGATE / FlexiLANE Thin Client

FlexiLANE Solutions
Architecture: Low End Service

SWITCH

WebConfig
Tool

Config
Manager
Version
Control

NETMON
Monitoring
GUI

FlexiGATE
Monitor

BINS
dBase

Download
Manager
Device
Manager

FlexiGATE

CAS
BANK

Message
Handler

VAGAS

VCS
410

*Config Management
*Key Management
*Logging
*Recon,Settlement
*Device Monitoring and control

External GPRS
Modem
or
X25 Modem

FlexiLANE
FlexiLANE
Standalone
Terminal
Transaction
Processor

Router

0600 version
message
processor

POS Aggregator
and Network Hub

VeriFone
POS devices
Online
Transactions/
Message

Vx610 WiFi
Portable

File Transfer
Internal Wi Fi
card, 3 IP and 1
RS232 ports

SITE/ STORE SERVER

Server Detail

Pump Controller

VX510
Ethernet

FlexiLANE Menu of Services

FlexiLANE Server- Specification

Hardware Description

2.5 HHD - IDE UltraDMA-33 controller 40Gb HHD (scalable)

Microprocessor - 266 Mhz 586 class Geode single chip processor
Memory - 128 Mbytes SDRAM
External Ports - Three 10/100 Mbit Ethernet ports, 1 RS232 port
USB 1.1 external interface
Internal Slots - Slot for solid state Compactflash storage
Low power 3.3V PCI slot
Slot for miniPCI type II board
2 x RS485 serial ports
Wireless Modem -Internal Local Area
Wireless WiFi card 802.11b

FlexiLANE - Specification
Software Description

Base firmware modules and database for FlexiLANE payment

engine
Linux Mandrake 10.0 distribution
Linux kernel version 2.6.11.3, modified to accommodate
hardware.
Apache 2.0.54
MySQL database version 4.0.20
PHP version 4
Java JRE 1.4.2

Prism supplied EFT payment engine

Prism supplied thin client software / API for Vx and SC5000
platforms
Key injection tools

FlexiLANE Prism Toolkit

Software Description

Prism supplied thin client software / API for Vx and SC5000

platforms
Key injection tools
Message interface specification to support host development
SDK for this on roadmap as future deliverable.

FlexiLANE
Scaleable for use in any merchant which has 2 or more
devices
Use in Retail, Hospitality, Multi-merchant and Petroleum
locations
Support for RS232,485,422 and TCP/IP based POS
devices
VeriFone Omni3750, Vx devices
VeriFone SC5000 PIN pad
Prism OPT
Slim-line version
Combined POS aggregator and Network hub for smaller locations
IFSF Support

FlexiVIEW

FlexiVIEW Monitor
Features and Benefits
Asset management
Monitors POS estate
By region or as required
Software versions
Hardware types

Used by
Client Business & IT
Support teams, etc.

FlexiVIEW Monitor cont

Features and Benefits
Dashboard monitor
Country
Regional
Merchant location
Customised alert
parameters
Create reports on
demand

FlexiVIEW Monitor cont

Features and Benefits
ECR / POS lane view
VAS network interfaces
Host interfaces

Some pictures

Merchant Counter Clutter!

*SpecialthankstoourGreekVIPcounterpartPRINTEC

Site Pictures Vx610 WiFi

An open and shut case for Vx610s!

Site Pictures Vx510 Ethernet

Versatile use of Vx510 Ethernet

Site Pictures : FlexiLANE components

Strategic roadmap

Strategic Roadmap FlexiLANE 2.01

up to Q3 2005
Omni & Vx
FlexiPOSTM
FlexiGATE

WiFi
Vx610
Portability
Debit Cards

Device Management
Single Point of Service
Portable Terminals
Dr & Cr & EMV Capable

2.01 FlexiLANETM

Q4 2005

Support Old Thick client WiFi terminals as a Communications hub.

Terminal BINs, SAF via existing Terminal Gateway
Support for Thin or Thick SC5000 and Vx510 / 610 terminals
FOCUS ON THIN CLIENT THEREAFTER
FlexiVIEW (Netmons) as per currently deployed
No additional validation of transactions processed via the platform
Routing and logging only
Can support SAF
No stand alone terminal viewing via FlexiVIEW yet

Value Added Services

Strategic Roadmap FlexiLANE 2.02

2.01 FlexiLANETM
Q4 2005

2.02 FlexiLANETM

Q2 2006

Multi Client / Multi Merchant support

Can have Crypto if required 3 tier for off-line payment schemes
File management and Terminal Management via common web based GUIs
ECR integrated devices / prompt for ECR lane
Retail and Petroleum marketplace supported
Transactional view per client
Can have additional transaction validation by BIN and Velocity checking
STAND IN capabilities
Bed down the customer specific requirements
Expose technology to VIPs as a potential channel

New Value Added Services

Strategic Roadmap FlexiLANE 2.03

2.02 FlexiLANETM
Q2 2006

2.03 FlexiLANETM

Q1 2007

Stand Alone Omni and Vx device support via FlexiGATE / FlexiVIEW GUIs
Support for VAS Risk Management
Other VAS supported
Bill Payment
Card based Gift Voucher
SAF Pass through mode
Reconciliation and settlement
Pump Interface for POSTEC, PEC (Shell SA specific now)and ANOTHER
Support other Prism Payment products via FlexiVIEW for monitoring only
Installation and Configuration Wizards
Performance Measurement and Tuning
SDK for Source and Sync node development by 3rd party developer

What are the benefits to you?

Benefits to you, the VIP

This solution drives device sales big time!

.. And not just one device type, Vx, SC, and OPT can integrate.

Its the neatest solution for any site that has more than 2
devices, and the real beauty to the merchant is:

RECONCILLIATION LIKE THEYVE NEVER EXPERIENCED!

Our competitors dont have anything like it.the software is the
differentiator..

Prism will license the software components to the VIP and

have made available the API for the thin client.
Prism will sell the FlexiLANE server to you.
Its ready and demonstrable, right here.

Questions & Answers

Thank you!
Demonstrations available