Systex Fintech

Systex Fintech: Merchant Overview, Capabilities, and Fit

Systex Fintech is a Taiwan based payment service provider that offers third party payment processing, in store acceptance solutions, and e invoice services for businesses moving between online and offline channels. Systex Fintech sits within the SYSTEX Group and builds on a long history in acquiring systems and card present terminals. Merchants considering Systex Fintech will find core online payment methods, APIs, risk controls, and value added components such as e invoice services to consolidate operational workflows.

What Is Systex Fintech?

Systex Fintech provides third party payment services for merchants that need to collect and settle funds from online sales. Its platform supports card payments and ATM virtual accounts and includes developer APIs and merchant tools for onboarding, reporting, invoicing, and settlement. The company’s background includes leadership in card acceptance hardware and acquirer systems in Taiwan, which it has extended to web and app based payments to support OMO online merge offline commerce.

Core Online Payment Capabilities

Cards: Visa, Mastercard, JCB, UnionPay

• Card brands supported include Visa, Mastercard, JCB, and UnionPay.

• Systex Fintech implements 3DS 2.0 for step up authentication to help reduce fraud and chargebacks while improving authorization performance on supported issuers.

• Card on file is available for storing credentials securely for repeat billing or one click checkout.

• Installments are listed as supported for credit card payments, subject to issuer and acquirer configurations.

Use cases

• Direct checkout on a website or app with 3DS 2.0.

• Saved cards for subscriptions, top ups, and frequent purchases.

• Installment campaigns for higher average order values where the shopper’s card and issuing bank support installments.

ATM Virtual Account

• Virtual account transfers allow shoppers without cards to pay by bank transfer.

• Payment links can be issued so customers click through to obtain instructions and complete the transfer.

• Transaction amount limits apply to virtual accounts, and merchants should configure the order flow to respect those caps to avoid failed orders.

Payment Links

• For both cards and virtual accounts, merchants can generate links that direct the buyer to a hosted checkout managed by Systex Fintech.

• Links are useful for invoices, chat based sales, manual orders, and phone support follow ups.

Overseas Acceptance

• Systex Fintech provides an overseas collection option that supports international card acceptance and UnionPay.

• The service is positioned for merchants that need to handle foreign cardholders and cross border sales into Taiwan.

In Store And OMO Acceptance

Integrated Terminals And Device Portfolio

• Systex Fintech supplies and maintains in store terminals from leading brands such as Verifone, Castles, and PAX, alongside its own integrated software.

• Its next generation all in one terminal supports magnetic stripe, chip, contactless, and barcode scanning.

• The device can issue cardholder receipts and supports add ons such as electronic invoice printing, enabling the POS to trigger payment and fiscal steps in a single flow.

• Support for TWQR and Taiwan Pay is indicated on the all in one terminal roadmap, which is relevant for QR based payments in Taiwan’s retail ecosystem.

Why this matters

• Merchants operating both ecommerce and retail locations can standardize on one vendor for devices, payment application software, and back office reporting.

• OMO scenarios such as buy online pick up in store and in store QR ordering benefit from unified settlement and invoicing.

E Invoice Value Added Center

• Systex Fintech runs an e invoice value added center that lets businesses issue, transmit, exchange, and store government compliant electronic invoices.

• The service is designed to reduce manual effort, integrate with POS, and support both online and offline issuance.

• For multi store retailers, the platform centralizes e invoice operations and aligns fiscal data with payment records, which simplifies month end reconciliation and audit.

Risk, Security, And Compliance

• PCI DSS: Systex Fintech states that its payment processes and systems are certified to PCI DSS, the industry standard for protecting cardholder data.

• 3DS 2.0: 3DS 2.0 authentication is available for credit card payments to verify cardholder identity and reduce misuse.

• Fraud controls: the platform applies fraud prevention measures and risk monitoring suitable for third party payment flows.

• Third party payment model: the service terms define an agent collection and disbursement arrangement in which Systex Fintech collects funds for the merchant and remits after conditions are met. This structure governs how funds, refunds, and withdrawals are handled in compliance with local regulation.

Onboarding, Registration, And Integration

Merchant Onboarding

• Registration is performed online and, after submission of required information, review typically completes within 1 to 3 business days for both individual and business accounts.

• Individuals provide identity verification, contact details, a payout bank account, and sales page URLs where goods or services are listed.

• Businesses submit corporate registration details, responsible person identification, beneficial owner information, payout bank account, and sales page URLs.

• Once approved, merchants access a member portal for account configuration, transaction viewing, invoicing, and withdrawals.

Developer Integration

• APIs are available for cards and ATM virtual accounts, covering authorization, capture, refunds, and status queries.

• The platform provides hosted flows via payment links and can integrate with merchant sites, apps, and POS systems.

• If you are building mobile or headless checkout, use 3DS 2.0 and card on file features to optimize authentication and recurring billing.

Operational Limits And Rules

• Single order limits apply. For credit cards, orders must meet a minimum per order amount and a maximum cap that reflects card network and acquirer risk settings.

• For ATM virtual accounts, orders have a defined range that includes a minimum driven by ATM fees and a maximum cap suitable for retail transactions.

• Merchants must follow card scheme rules, which expressly prohibit surcharging or passing card processing costs to cardholders in a way that violates scheme or local regulations.

Settlement, Reporting, And Back Office

• The company provides clearing and settlement systems used by acquirers and has deep experience in high volume authorization routing and reconciliation.

• For merchants, the member portal and invoices support monthly reconciliation, with e invoicing options to align fiscal records to payment activity.

• Device management, electronic signature slip management, and network access controls are offered for in store environments to support scale and compliance.

When Systex Fintech Is A Good Fit

Choose Systex Fintech when you need:

• One vendor for both online and in store acceptance, with card networks and domestic QR or e ticket rails available on a single terminal.

• Third party payment capabilities for cards and bank transfers, with APIs for a custom checkout and payment links for manual orders.

• E invoice operations integrated with payments to reduce manual work and streamline fiscal compliance.

• 3DS 2.0 and PCI DSS aligned operations to satisfy internal security requirements.

• Local Taiwan knowledge for acquirer connectivity, devices, and retail integrations.

Consider additional due diligence when:

• You require advanced alternative payments beyond the listed mix, such as specific BNPL providers or international local payment methods outside cards and bank transfers.

• Your use case depends on features that are listed as coming soon on hardware roadmaps. Validate availability and certification timelines before committing.

• You need detailed pricing modeling for cross border acceptance. Request current rate cards, settlement currencies, and currency conversion details.