Debit and Credit Card Management
This solution is meant for financial institutions who wish to manage their own debit and credit card processing in-house. SWITCHWARE® provides on-line connections to your ATM and POS devices, performs transaction authorization and routing functions plus interfaces to regional, national or international (i.e., MasterCard and Visa) EFT networks.
SWITCHWARE® performs ATM and debit card processing and interfaces to the card issuing module for credit card processing functions. An additional back office server is integrated to perform back office functions including installment billing, interest adjustments, statement generation, clearing and settlement and report generation.
- Acquirer processing
- Issuer processing
- Magnetic stripe support
- EMV smart card support
- Card limit checking
- Open to buy limits
- Open account relationships
- ATM/debit and POS withdrawal limits
- and much more ...
- In-house autonomy and control
- Personalized card functions
- Improved customer dispute resolution
- Faster speed to market
- Enhanced CSR knowledge
- Improved customer support services