SOLUTIONS

PREPAID CARD SOLUTION

A prepaid card is a payment card that is loaded with money by you or someone else. This card looks just like any normal credit or debit card, with a card number, signature strip and company branding.

Prepaid programs can be used in a variety of ways:
     Gift giving
     Voucher replacement
     Business travel and expense management
     Personal spending cards
     Payroll and employee incentives
     Promotions
     Insurance claims settlement
     Un-banked financial service
     Young adult (age 16 and older) controlled spending

Can be used for withdrawal in ATM
Pay bills over phone, ATM, Internet
Schedule recurring transactions
Transfer amount to other accounts
Cash withdrawal allowed at any POS as per mandates
  
  KEY FEATURES
  Open/Closed Loop Solutions
Access control facility with defined levels of authorization and     access issuer branches /merchants
Web-based interface for card issuance / first-time loading     from branches or merchant     outlets.
Merchant complaints’ Handling through Online Issue Logging
Support for integration with the bank’s existing Core Banking     Software, ATM switch and other applications.
Extensive Audit trail with user name, activity and time stamp     for any page accessed.
 
  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.
 
 
 
 
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