On-time and accurate
processing of high-volume incoming and outgoing information in a
multiprocessing environment is very critical in terms of reducing the
operational costs to the banks.
Banksoft offers a
secure, reliable and user-friendly clearing system compliant to international
standards of BKM, VISA and MASTERCARD. The clearing system includes an
integrated dispute management and fraud notification module for BKM, VISA and
MASTERCARD.
Aging and warning
mechanism of the dispute system facilitates management and resolution of
disputed transactions. Automated exhibit and cardholder letters reduce the work
load of customer services in the back-office.
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Supported clearing systems
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- BKM / YTHS for transactions performed with cards of
domestic banks
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- VISA / BASE II for transactions performed abroad with
cards of VISA member banks
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- MASTERCARD / ECCF, IPM for transactions performed abroad
with cards of MASTERCARD member banks
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Visa SMS support
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In addition to message cycle, automatic follow up of full
clearing life-cycle with internal cardholder database
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EMV acquiring and issuing support for VISA, MASTERCARD, BKM
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Easy-to-use interface for preparing claims, reversals and
re-presentment
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Analysis of BIN and bank based incoming – outgoing clearing
information
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Automatic preparation of outgoing records
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One-step preparation of “Fraud” notifications to VISA/BKM, and “SAFE” messages
to MASTERCARD.
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“Addendum” message support for MASTERCARD clearing system
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Reconciliation of incoming and outgoing clearing records
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Integration of clearing with the accounting system
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Ability to create automatic accounting over VSS reports in VISA clearing
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Ability to create automatic accounting over Reconciliation records in
MASTERCARD clearing
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Automatic matching of presentments, chargebacks and
re-presentments.
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Detailed and smart control of incoming clearing records
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Possibility to report incoming and outgoing transaction information with
different criteria
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Possibility to automatically monitor the dispute time-frames
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Dispute management
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