Project Picasso · K&H Payment Services
Project Picasso — acquiring migration into a new banking entity (K&H Payment Services)
A complete acquiring solution moved to a new banking entity and a new card processor — certified with both schemes, with merchants migrated without disrupting their business.
- 24 monthscomplete migration of the acquiring solution
- Visa + Mastercardcertification with the card schemes
- 2 marketsHungary and Belgium
- POS + e‑shopsseamless merchant transition
Client
Three entities of KBC Group
- K&H Bank HungaryA Hungarian bank in KBC Group, serving retail and corporate clients with lending, payments, investment and digital banking.
- K&H Payment Services HungaryA subsidiary focused on payment services and transaction processing: acquiring, POS terminals and online payments for e-commerce merchants.
- ČSOBA Czech bank in KBC Group offering financial products for retail clients, SMEs and corporates, including specialised payment services.
- 01
Mandatory reporting to central banks
Implemented the regulatory reporting the central banks require.
- 02
Authorization host analysis and Visa/Mastercard certification
Detailed analysis and completed certification with Visa and Mastercard for connecting the new authorization host.
- 03
Migration of clearing and settlement processes
Clearing and settlement moved over, certified and compatible with Visa and Mastercard requirements.
- 04
Seamless merchant migration (e-shops and POS terminals)
End-to-end testing and migration of merchants from the original processor, keeping the impact on their daily operations to a minimum.
- 05
Architecture design and vendor integration for international acquiring in Hungary and Belgium
A tailored architecture plus selection and integration of new vendors, enabling acquiring in two markets.
Client testimonial
“The DOBITO team managed the complete migration of our acquiring solution within the 'Picasso' project to a new banking entity in 24 months. From certification with Visa and Mastercard to the seamless transition of our merchants, including e-shops and POS terminals, to a new card processor. Their expert architecture design enabled us to expand into the Hungarian and Belgian markets while meeting all regulatory requirements of the card associations and central banks.”
CEO, K&H Payment Services and Head of International Acquiring, ČSOB
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