ATM/Debit On-Line Interface for Precision


The EZswitch® 2010 on-line ATM/Debit Interface provides an interface to your Precision core system and to your Network of choice to support on-line authorization of ATM and debit issuer transactions. Precision will perform transaction authorizations using its current balances and when unavailable EZswitch 2010 can perform stand-in authorization using card limits and a Positive Balance File (PBF).


The EZswitch 2010 offering comes in two choices: base system and plus package. The base system provides the basic functionality necessary for normal operations and includes online card maintenance (a new requirement for the latest version of Fiserv Precision software), stand-in authorization (using card limits), and additional base functions. The plus package provides advanced functions to achieve; single point of entry for card maintenance (for supported Networks), stand-in authorization using a positive balance file (PBD), alert notification, and multi-institution and Network support. The following is a summary comparison of the two offerings:

EZswitch 2010 Base System

EZswitch 2010 (Plus) Package
The base system supports a single institution with a single authorization interface to Precision.

The plus package supports multiple institutions with multiple authorization interfaces to Precision.
Includes:
  • Single institution support with a single on-line authorization interface to Precision
  • Single Network interface
  • Stand-in authorization using card limits - the system will authorize using card limits when Precision is unavailable
  • On-Line Card Maintenance (OLCM) interface (supports real-time card maintenance updates performed on Precision)
  • Fraud blocking by country code at the cardholder level
  • Reconciliation subsystem (requires raw data from the Network)
  • Five (5) system admin users

Includes:
  • Multiple institution support with multiple on-line authorization interfaces to Precision
  • Multiple Network interfaces
  • Stand-in authorization using a positive balance file (PBF) - the system will use card limits and a PBF when Precision is unavailable
  • On-Line Card Maintenance (OLCM) interface (supports real-time card maintenance updates performed on Precision)
  • Fraud blocking by country code at the cardholder level
  • Reconciliation subsystem (requires raw data from the Network)
  • Five (5) system admin users
  • Single point of card maintenance entry (allows users to enter card maintenance from the precision system and update the Network automatically. Only available with select Networks)
  • Sentinel™ alert notification system (provides real-time alerts for events such as the authorization link to Precision being unavailable or the connection to your Network being down.

Highlights

Functions

  • On-line ATM/debit interface to Precision
  • Immediate memo posting of ATM and debit transactions
  • Interface to your Network of choice (click here for full list)
  • On-Line Card Maintenance (OLCM) for real-time card updates
  • Stand-in authorization (using card limits or a positive balance file)
  • Transaction logging and electronic queries
  • Reconciliation subsystem for reconciling transactions with Network
  • Positive Balance File (PBF) available where updates are performed during the on-line authorization process and through periodic Precision updates (can be performed multiple times per day)
  • Single point of card maintenance entry available
  • Multi-institution and Network support available
  • Alert notification available

Benefits

  • ATM and debit transactions are authorized using current balances
  • ATM and debit transactions are immediately reflected in other bank systems
  • Eliminate your exposure by authorizing transactions against current account balances.
  • The flexibility to change Network providers seamlessly without impacting the Precision authorization interface
  • As a preferred provider, our on-line interface keeps pace with future Precision releases
  • Single point of card maintenance entry reduces the total number of entry points and avoids errors attributable to entering the data in multiple places
  • If Precision is unavailable, the system can perform stand-in authorization that could lead to substantial cost savings when compared to your Network provider being required to stand-in.
  • The automated alert system provides immediate notification of events that can cause disruption to customer service or events that result in financial impact to your financial institution (stand-in processing by Network)


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