SOLUTION
IssacQ: a proprietary payment network that supports dual modalities of open and closed loops
1
Multi-platform payment solution for iOS and Android mobile devices including telephones and tablets.
2
Facilitates unique merchant acquisition capabilities, redistributing the economics and shared revenue in typical payment card transactions.
3
Broad payment acceptance features power open and closed loop, intra-network (“on us”) transactions.
4
Integrable with Electronic Money Institution (EMI) payment card products and personalization bureaus for branded prepaid card solutions.
5
Web-based administrative portal simplifies transaction management for merchants, stores, and cardholders at the device level.
6
Comprehensive risk management module incorporates rules-based algorithms to identify differing payment behaviours, indicative of potentially fraudulent cardholder activity.
7
3RDGP transaction processing engine obviates need to share 16-digit cardholder PAN with merchants, maximizing transaction security and markedly mitigating fraud.
8
Combines multiple payment funding sources including bank accounts, PayPal, cryptocurrency wallets, mobile money, and third-party payment cards on Visa and MasterCard networks.
9
Device-to-device payments powered by Bluetooth, iBeacon, and QR code
9
Allows for secure cash top-ups in addition to payment card transactions.
3rd Generation Processing Innovation and Enrichment
Next-Generation Processing Features Define the New Processing Paradigm
FEATURES
Tokenization
Open API
Open exchange integrations
iOS / Android enabled
Customized authorization controls
Custom payment authorization
Custom design cards
Easy to use, build and configure controls
Blockchain enablement
Machine learning
Geolocation awareness
Personalized user experience
Rich user data
Ability to use multiple payment funding sources including: bank, PayPal, Crypto, and 3rd Party Payments (Visa/MasterCard)
Build-in fraud prevention rules and activity monitoring
Integration to leading encryption and security features for data protection
KYC compliance integrated platform
CLIENT BENEFITS
Real-time payment processing
Open system access to develop custom applications and integrations
Future-proof modernization of payment processes
Ability to add value-added services through leveraging data and BI
Adaptable strategy to meet new business needs
Better cash flow management
Fraud reduction
Ability to apply custom rules on controls
Increased client intimacy and B2C stickiness
Single platform for prepaid, loyalty, mobile, tokenized, etc. payments
Integration, transparency, and security of blockchain integration
Enablement of payment options, payment flexibility, and payment technology
Ability to eliminate traditional point of sale experience
Reduction in transaction time
reduction in third party transaction fees
Leveraging the IOT for business transformation
