Electronic Switching Platform: ESP-Link™ Comprehensive Card Solution (CCS)
ESP-Link™/CCS provides an integrated environment to effectively manage single or multi-institution credit card issuing and acquiring operations. CCS helps institutions gain complete control over all aspects of credit card operations, from defining revolving credit products and acquiring cardholders and merchants, to authorizing and processing credit and payment transactions. CCS allows you to manage risk by supporting multi-level approval criteria for cardholder acceptance, offering issuers complete flexibility in targeting and acquiring new customers.
Comprehensive reporting and real-time transaction processing
Interface to plastic encoding/embossing systems and secure PIN generation hardware
Create multiple card products, families, and accounts
Support multiple currencies for product differentiation
Get instant updates to hot lists and warning bulletins for lost cards
Request upgrades, transaction tracing, statement explanations, and online applications for products
Access online card production for renewals, re-issues, and replacements
Interface external systems
Accommodate international debit and credit networks
Set up collection agencies and executive information systems
Set up and control operating policies for institutions, card families, product accounts, user fees, exchange rates and commissions, and general ledger accounts. Support daily operations for end-of-day (EOD) posting, cycle cut-off, end-of-month, statement, and reporting production processes.
Access credit history for approvals and card renewals. Improve risk management with online direct access to data for issuers and merchants.
Manage and control collection through automated steps and collection agent activities, ensuring effective and efficient tracking.
CCS identifies possible fraud conditions during the EOD process for pre-defined fraud situations, enabling control of fraud risk at both the cardholder and merchant levels.
ESP-Link™/CCS provides an online, real-time interface from host banking applications to a proprietary network via ESP-Link™/Transaction Management Engine (the CCS “Front End” in standalone installations), or via full integration with the ESP-Link™/FTS network, and by extension to local and foreign networks (Plus, Cirrus, etc.).
ESP-Link™/CCS also includes offline interfaces to Visa, MasterCard, and Diners. Other offline batch interfaces that accommodate offline processing and exchange information from retail banking, general ledger, and other host systems are also available.
The open systems architecture of ESP-Link™/CCS means that interfaces to external systems or outsourcing operations, such as international debit and credit networks, collection agencies, and executive information systems, can be easily accommodated. The ESP-Link™/CCS solutions suite helps institutions meet the new challenges of the financial industry.
The card management features of ESP-Link™/CCS handle all aspects of card issuing, including:
Product definition and maintenance
Credit application processing and acceptance
Interface to card embossing/encoding and PIN generation hardware
Plastic embossing and encoding performed to proprietary or international standards
Statement cycle processing and statement production
Customer service functions
Card management and account/line of credit management
Transaction processing
Maintenance of master card, account, card-account relationships, and customer information files
Based in Toronto, Ontario, Canada, Bevertec CST Inc. has been providing staffing and banking software solutions to institutions around the world since 1981. We also serve clients outside of Canada, across North America, South America, Central America, Asia, Africa, Europe, the Middle East, and the Caribbean.