Debit Card Issuance
Peninlog payment solutions support processing debit cards. System to manage from card issuance till settlement, handling both magnetic stripe based cards and EMV. Product will have the flexibility of dynamic change in business rules/parameters. Solution covers processing transactions from global interchanges VISA, MASTER and local interchanges NFS, ISC, etc.
- Supports generating both Magnetic and EMV related cards and have ability to process such card transactions.
- More parameterized.
- Supports security compliance like PCI.
- AMCC (Authorization Multi Currency Conversion) feature supported.
- Card related activities like Fresh card generation, Personalization, renewal, re-issue, activation, close, etc. controlled through web.
- Supports enhanced KYC (Know Your Customer) feature.
- Monitoring customer account closely and apply RISK solution to reduce fraud losses.
- Automated clearing and settlement process.
- Security features like DES, MAC, and EMV are supported.
- Helps issuing cards faster and process efficiently.
- Helps customers about the usage of cards.
- More Secure.
- Improve service to customers and merchants.