Issuing Processor

As either a credit card or private label acquirer or issuer, you or your customers have unique processing requirements that are often difficult or impossible to develop and implement in a timely manner using your existing processing environment.  You may have internal requests for changes to authorization rules for fraud prevention and risk management.  For certain transactions, you need to reformat and switch to meet card association or other rules.  You want your help desk to have more and better on-line information to support your customers.  You want to be able to quickly provide better reports to your customers or better yet let the customer build there own reports. 

As an issuer (if you are an acquring processor, click here) you want certain accounts to be authorized differently than your normal accounts.  You want to manage risks better.  You want to automate call center enrollments and help desk functions.  How about on-line identity verification and automated credit bureau decisioning?  Do you have  unique on-line reporting requirements customers?  Need to ACH debit customer account and manage rejects?

Electrum developed its ETrans/TAP rules based on-line processing system to quickly develop and implement unique payment and other processing solutions for issuing and acquiring payment processors and others.  ETrans/TAP is a software platform that lets you quickly develop unique rules for the switching, authorization, capture and settlement of payment transactions.  As a rules engine, ETrans/TAP builds unique code for each transaction request message received based on a table of rules as determined by the merchant, location, terminal, cardholder, cardholder parent account, program, service, issuer or other entity and decisions the transaction.  It then sends a response message, tears down the code and waits for the next transaction.  Using state of the art architecture and database systems, ETrans/TAP does this all in mille-seconds. Because of our unique interfaces and settlement capabilities, transactions can ride the rails of existing payment networks therefore eliminating point of sale changes.

ETrans/TAP is a distributed system that can reside in your customer’s or your data center.  As one of many configurations, the ETrans/TAP systems can intercept transactions from transaction originators, process a unique set of rules and then switch the transaction to an acquirer for further processing.  ETrans/TAP can sniff the LAN and log and process transactions such as loyalty transactions that use customer credit card transactions.  Issuers may want to use ETrans/TAP to intercept inbound authorization transactions and provide velocity checks or transaction limits for certain cardholders or from certain merchants. 

Do you want to bring to market a completely new product/service?  How about we  build it and you operate it?  Want to own an ETrans/TAP system and build the application and operate it yourself.    All things are possible with ETrans/TAP.

Whatever you think of, a ETrans/TAP rule can be quickly developed and implemented.  Whether you want to give more loyalty points to select people on Thursdays, ETrans/TAP can quickly make it happen without disturbing your existing environment.  Got a need?  With ETrans/TAP we have a solution.  Contact us today.

ETrans

Finance

• Service Management
• Program Management
• Sales Organization Management
• Service Contract Management
• Fees
• Billings
• Commissions
• Liability Report
• Reports

Inventory

• Product Inventory Management
• Purchase Orders
• Reports

Orders

• Orders
• Invoices
• Inventory Update
• Reports

Time and Billing

• Time Sheet
• Invoicing
• Reports

Expense Reporting

• Expense Entry
• Expense Reports
• Reports

Enrollment

• Originator Web
• Cardholder Web
• Customer Web
• Operator Assisted
• Reports

Activation

• Originator
• Cardholder
• Direct Bill Customer
• Reports

Processing

• EData Capture
• Originator Activity Reports
• Reports

ACH

• Pre-Note File Generation
• Bank File Generation
• Reports

 Invoice

• Invoice
• Statement
• Cardholder Detail
• Reports

Remittance Processing

• Remittance Processing
• Write-offs Adjustments and Chargebacks
• Aging
• Reports

Chargeback/Reject Management

• Reject Data Entry and Management
• Re-Presentment
• Chargeback Data Entry and Management

Collections

• Call Log
• ACH Payment
• Notifications and Letters
• Reports

Gift Card

• Program Configuration and Administration
• Escheatment Management
• Reports

Loyalty

• Program Configuration and Administration
• Points Management
• Fulfillment Management
• Reports

Reconciliation

• Import
• Automated Reconciliation
• Reports

Support

• Web
• IVR
• Knowledge Base
• Call Logging and Tracking

General Reports

• Management Reporting
• Cardholder Email
• Monthly Sales
• Monthly Activation
• Liability Report

TAP (Transaction Automation Processor)

TAP Rules Engine (sample)            

• Originator Status
• Location Status
• Terminal Status
• Customer Status
• Cardholder Status
• Customer Open To Buy
• Cardholder Open To Buy
• Transaction Limits
• Reserve Balance Check
• Metavante Switch
• Trans Code Validation
• Card Type Validation
• Loyalty Open To Buy

 TAP Transaction Sets

• Sale
• Credit
• Load
• Unload
• Card To Card Transfer     

 TAP Capture

• Host Based
• Terminal Based

TAP Origination Systems and Interfaces

• TAP Audio Response Capture
• TAP Web POS
• TAP Dial-Up Terminal Interface

TAP Job Scheduler

• Jobs
• Job Automation Scheduler
• Reports

 TAP Monitor

• TAP Processing Monitor
• TAP Fraud Monitor

TAP Job Scheduler

• Job Scheduler
• Reports