In China, most banks entrust their international credit card business to other merchant acquiring banks in Hong Kong. This practice lowers the profit margin but heightens the communication expenses. Besides, due to the involvement of third parties, the host banks lose flexibility in managing their credit card businesses.
Base on MASS, SPECTRA Technologies customized China Construction Bank's own acquiring and settlement system. Taking Guangzhou as the host site, MASS allows other branches throughout the country to connect with international credit card entities.
In May 2000, we further upgraded the system with more sophisticated features resulting in superior authorization and settlement processing.
