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Billing and Transaction Processing Platform
For card issuers and acquirers, utilities, service vendors, health institutions, retailers, toll-way operators, financial institutions, credit card companies and others. The Billing and Transaction Processing Platform removes the technical and national barriers to allow infinite variety in new marketing schemes.
Key Features
- Account-centric and customer-centric management for coordination of customer data
- Dynamic hierarchy and relationship between accounts
- Unlimited relationships between accounts, and unlimited meters per account
- Supports any business model (credit, debit, prepaid, loans, loyalty programs)
- Simultaneously handles multiple financial products, promotion programs, incentives, payment plans, limits and deferments
- Cost-effective setup and maintenance, with low operational costs
- Easy selectivity for customized marketing (by demographics, affinities, activity levels, holidays, etc.)
- Marketing schemes can be customized and tracked by purchase category, season, target market, or other data
- Covers all potential events, including fraud prevention, purchase dispute management and debt collection
- Automatic matching of transaction reversals with original entries
- Quick time-to-market for new features and schemes (new business model in only a few weeks)
- Seamless interface with network associations (Visa, MasterCard, Amex, Diners and others)
- Multi-institution environment and multiple account reconciliation
- Built-in audit, control and balancing tools
- Multi-language user interface support
- Tracks and integrates legal, economic and social complexities that change across national borders
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Key Benefits
- Light and pliable architecture for easy modification and invention
- Fast and smart implementation of any new system
- Progressive billing according to usage, demographic data, activity level and customer type
- Fast addition of new billing schemes to existing programs
- Easy and efficient access to user data, with specification of the financial institution
- Quick data migration, integration and enrichment
- A permanently balanced system, regardless of traffic demands
- Market and user oriented, leading to more effective marketing
- Low "Cost of Error” resulting in higher profits
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