TIZI

TRANSACTIONS

Delivery of secure, higest quality e - commerce services to acquiring financial institutions, merchants, and betting organizations worldwide.

Mission

Offering innovative remittance solutions customized to meet the requirements of migrants working abroad and seeking to support their families back home.

Our current phase concentrates on the Balkans and African regions. The remittance service was launched in Serbia in 2021, with Bosnia and Herzegovina following suit in June 2024, and Albania is planned for Q3 2024. Our company collaborates with banks possessing Visa, MasterCard and UPI (Chinese UnionPay) e-commerce acquiring rights to deliver seamless remittance solutions.

Our remittance services extend globally through the utilization of MasterCard MoneySend, VisaDirect and UPI Remittance solutions, facilitating secure and efficient fund transfers across borders.

Vision

To emerge as a leader in the perpetual innovation and development of cutting-edge software products, catering to global financial and e-commerce sectors while integrating the latest standards in security and privacy protection.

Our company has pioneered a groundbreaking concept, culminating in creating the latest iteration of TIZI software, TIZI AI+. This advanced version incorporates AI components and insights derived from extensive market research.

Elaboration on the Artificial Intelligence Module:

  • Leveraging historical transaction data to forecast future remittance trends, empowering TIZI to optimize its operations, pricing strategies, and marketing endeavors.
  • Analyzing transaction histories and user preferences to offer tailored recommendations for financial products and services, such as investment opportunities or savings accounts, aligned with each user's unique needs and financial objectives.
  • Proactively identifying and combating abuse through fraud detection mechanisms.
  • Assessing risks comprehensively to ensure robust risk management practices.
  • Monitoring system performance through key performance indicators (KPIs).
  • Enhancing customer support by utilizing AI-driven solutions.
  • Incorporating customer feedback into iterative improvements.
  • Uncovering valuable patterns in data to facilitate informed decision-making.
  • Ensuring compliance with regulatory standards, including Anti-Money Laundering (AML), Know Your Customer (KYC) and data protection laws.

Moreover, our AI module excels in delineating familial relationships and forecasting dynamics of change. By employing machine learning techniques, TIZI's AI algorithms construct predictive models that anticipate retirement trends, migration patterns, and population dynamics based on historical data and prevailing socio-economic conditions.

Facts

  • Decades of Experience: With over 30 years of experience spanning four continents—Africa, North America, Europe, and Asia—we bring a wealth of knowledge and expertise to the table.
  • Skilled Team: Our team comprises over 20 developers, with 60% boasting over two decades of experience, ensuring seasoned proficiency in our projects.
  • Robust E-commerce Platform: We offer a robust e-commerce platform integrated with a 3DS server, renowned for its reliability, security, and top-tier performance, clocking in at over 5000 transactions per second (TPS) as benchmarked with HP.
  • AML Compliance: We uphold comprehensive Anti-Money Laundering (AML) management practices, ensuring adherence to regulatory standards and safeguarding against illicit activities.
  • Fraud Prevention and Dispute Resolution: Our platform features advanced fraud prevention mechanisms and dedicated dispute resolution support, providing peace of mind to our clients.
  • Merchant Management: We offer complete merchant management services alongside seamless transaction processing, including General Ledger functionalities to streamline business operations.
  • Certifications and Compliance: Our software applications and IT infrastructure holds certifications from EMVCo, PCI DSS, Visa, MasterCard, and UPI, demonstrating our commitment to compliance and security standards.
  • Scalable Solutions: Capable of handling millions of transactions daily, our software operates round-the-clock, 24/7, ensuring uninterrupted service delivery to our global clientele.

Infrastructure

E-COMMERCE CONCEPTUAL ARHITECTURE

TIZI system supporting e-commerce consists of the following components:

WEBSHOP

Each merchant creates WEBSHOP according to the sector where he is acting, competition, Internet technology available, etc.

TMS

A Terminal Management System (TMS) is a software module that manages merchants and terminals (virtual e-commerce terminals and traditional physical eft-pos terminals), onboarding of merchants, merchants' risk management, acquiring bank fee policy, methods of paying and charging merchants, merchants' profitability management.

3DS Server

3DS Server is a software module that manages 3DS secure standards, network connections, and integration with merchants' WEB shops.

SWITCH

SWITCH is a software module that switches and processes merchants' transactions. It provides simple connectivity to various networks (Visa, MC, UPI, Discovery, national, etc.) and a multi-bank feature, increasing the on-us volume of transactions.

BACK-OFFICE

Dispute, AML, and fraud management software modules

Software module managing back-office in acquiring banks of merchants' payments' activities, both e-commerce and brick and mortar. Processing of clearing files, settlement with merchants, daily transaction processing, and merchants' fees.