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FACT partners with world class Card Management Solutions Providers, to enable banks and card-issuing clients from managing a comprehensive cards cycle offering:
Card Management Systems for managing electronic payment cards with magnetic stripe and EMV smartcards featuring:
- User friendly Windows GUI based card management systems;
- New account setup and card account management;
- Host/API network interfaces;
- Authorizations;
- PIN generation;
- Merchant database management VisaNet, MasterCard and National Switch; POS management system;
- Embosser encoder and HSM devices management;
- Commission and fee calculations;
- Interchange clearing and settlement functions;
- Data capture systems;
- Merchant settlement facilities;
- Banking systems interface;
- Chargebacks and re-presentments;
- Customer service.
Debit, Credit, Charge and EMV cards can be handled for both global labels like VISA, MasterCard, ELECTRON, Maestro and private card schemes.
ATM hardware independent systems for processing modern electronic funds transfer (EFT) authorization and switching also supporting the dynamic needs of the services market.
Compliance with Sharia principles
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