Successful Migration of Acquiring Services to a New Banking Entity

Clients:

K&H Bank Hungary is a major universal bank in Hungary and a member of the international KBC Group. It provides comprehensive banking services to both retail and corporate clients, including loan products, payment services, investment advisory, and digital banking. With its strong market position, it ranks among the leading financial institutions in Hungary.

K&H Payment Services Hungary is a subsidiary of ČSOB, focused on delivering payment services and transaction processing. The company specializes in acquiring services, operation of POS terminals, online payment processing for e-commerce merchants, and digital payment solutions. Thanks to its expertise and use of modern technologies, it is recognized as one of the leading providers of payment solutions in the Hungarian market.

K&H Bank Hungary

K&H Payment Services Hungary

ČSOB CZ

Československá obchodní banka (ČSOB) is one of the largest and most prominent banking institutions in the Czech Republic. A member of the KBC Group, ČSOB offers a wide range of financial products and services for retail clients, small and medium-sized enterprises, and corporate customers. The bank focuses on traditional banking, digital banking, investment products, insurance, and specialized payment services, with a strong emphasis on innovation and the digital transformation of financial services.

Key Project Phases and Outcomes:

Authorization Host Analysis and Certification:
We conducted in-depth analysis and successfully completed certification processes with the VISA and Mastercard card schemes for connecting a new authorization host.

Migration of Clearing and Settlement Processes:
We executed the migration of clearing and settlement processes, ensuring full certification and compatibility with VISA and Mastercard requirements.

Seamless Merchant Migration:
We successfully completed comprehensive testing and migration of merchants, including their e-commerce platforms and POS terminals, from the original processor to the newly implemented solution. The focus was on minimizing any disruption to merchants' daily operations.

Architecture Design and Integration of New Vendors:
We designed an optimal system architecture and managed the selection and integration of new vendors for international acquiring services in Hungary and Belgium. This expanded our presence in foreign markets and improved overall competitiveness.

Implementation of Mandatory Reporting:
We ensured compliance with all regulatory requirements through the successful implementation of mandatory reporting to central banks.

Expansion of International Acquiring

As part of our service expansion, we designed a new architecture and implemented a solution for international acquiring in the Hungarian and Belgian markets. This process included the selection and successful integration of new vendors that met strict quality and reliability standards.

Project Picasso also involved the implementation of mandatory reporting to central banks, ensuring full regulatory compliance across all relevant jurisdictions.

Key Benefits of the Project

The successful implementation of Project Picasso led to the optimization of acquiring processes, enhanced transaction security, PCI DSS audit compliance, and the expansion of services into new markets. Thanks to thorough preparation and close coordination among all stakeholders, the migration’s impact on merchants was minimized, and service continuity was ensured throughout the entire transition period.

The DOBITO team successfully completed the full migration of our acquiring solution within the 'Picasso' project to a new banking entity within 24 months. From certification with VISA and Mastercard to the seamless transition of our merchants, including e-shops and POS terminals, to the new card processor. Their expert architecture design enabled us to expand into the Hungarian and Belgian markets while meeting all regulatory requirements of card associations and central banks.

Ottó Paulovics

CEO, K&H Payment Services and Head of International Acquiring, ČSOB

★★★★★