Credit Card acts like a mode of convenience and where in the payment industry, the cardholders benefit from pattern of usage, utilization of credit as well as flexible payment period and the banks benefit from collecting the interest revenues from the cardholders along with increasing the loyalty of the customers.
Statistics across the globe reveal that the percentage households owning credit cards have made a dent in boomtown and mega cities. Almost one in every five of the top earning households in the boomtowns owns a credit card.
Credit card has become an important source of identification for the payment industry wherein it gives the merchant the confirmation about the person using the card having satisfactory credit rating and the bank will ensure the payment is made for the merchandise delivered.
SUITE
KEY FEATURES
Structured Workflow Completely configurable and parameter driven Pay by transaction Centralized Services Credit Check, Scoring, Compliance Automation Interface for Customer CBS account In-Built Interest rate calculator Legacy Matching Proactive Risk Monitoring Recovery & NPA management Balance Transfer EMI payment facility Automated document capturing Support to multiple products Comprehensive reporting ECS facility available Automated Billing & Collections System Variable Billing Period Loyalty Programs Customer Portal
TECHNOLOGY
Front End Tools: Java, JSP Backend Tools: JDK, Oracle
CONSULTANCY
Rules & Procedures of Government bodies, Knowledge Transfer on Risk & Data security, Costing & Profitability of Business, Certification Procedures.
SOLUTIONS
Structured Workflow