RIPPS – Renovite’s Integrated Payment Processing System
RenovITe’s Integrated Payment Processing System (RIPPS) is the first transaction switch designed to meet the needs of the 21st Century payments industry. RIPPS discards the legacy thinking that underpins other architectures, dispensing with historic assumptions about payment tokens, transaction routing and proprietary systems.
RenovITe’s willingness to embrace modern approaches has by-passed the solutions built in the early 2000s based on 1990 design patterns. It has delivered a product solution that is capable of replacing legacy payment switches from the 1980s and 1990s as an integral component in a 21st Century life cycle based on Continuous Delivery or DevOps principles.
RIPPS, from RenovITe, is a payment solution designed from the ground up to take advantage of modern, open, low-cost technologies. It has been architected to manage the acquisition, authentication, capture and authorization of electronic payment transactions.