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SOLUTIONS
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DEBIT CARD SOLUTION
A Debit Card (also known as a bank card or check card) is a plastic card that provides an alternative payment method to cash when making
purchases. Functionally, it can be called an electronic check, as the funds are withdrawn directly from either the bank account or from the remaining balance on the card. In some cases, the cards are designed exclusively for use on the Internet, and so there is no physical card. Like credit cards, debit cards are used widely for telephone and internet purchases and, unlike credit cards, the funds are transferred immediately from the customers bank account instead of having the customer pay back the money at a later date. Debit cards may also allow for instant withdrawal of cash, acting as the ATM card for withdrawing cash and as a check guarantee card. Merchants may also offer cash-back facilities to customers, where a customer can withdraw cash along with their purchase.
The ability to make cashless purchase of items at stores that have automated debit or credit card machines, and the ability to withdraw cash from respective bank account at an Automated Teller Machine (ATM).
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SUITE
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| KEY FEATURES |
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Centralized Card Issuance Management
Web based Branch Level Access
Cardholder Profile Management
Exceptions & Solutions
Alerts via SMS & Email
T+2 outstanding entry settlement
Three Way Reconciliation (Switch, CBS, Network Associations)
Core Banking Interface
Shadow Accounting
Visa / MasterCard Automation
Dispute Resolution Automation
Cash In ATM Reconciliation (Switch, CBS, ATM Logs like EJ)
Electronic Journal Reporting
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| TECHNOLOGY |
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Front End Tools: Java, JSP
Backend Tools: JDK, Oracle
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| CONSULTANCY |
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Rules & Procedures of Government bodies, Knowledge Transfer on Risk & Data security, Costing & Profitability of Business, Certification Procedures.
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