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WWC is able to provide a variety of financial program and
merchant related services to its customers and clients. These
Programs are as diverse as its client’s needs require. WWC has
the ability to deliver superior technology based operating
platforms to provide state of the art security and compliance as
well as streamlined efficiency for Programs outlined below.
Merchant Acquiring and Transaction Processing
WWC can provide turnkey merchant processing and Gateway systems
to financial institutions. WWC custom designs and implements
each System to allow merchant acceptance and processing of Visa,
MasterCard, Discover and American Express transactions through a
single portal both domestically and internationally.
The following specific services are provided:
- Evaluation of
existing financial institution data systems and integration
compatibility with processing partner.
- Processing of all
Merchant Applications through the financial institution for
acceptance of Visa, MasterCard, American Express and
specifically introducing Discover network to the Country.
- Establishing and
creating all Compliance documentation and policies for the
financial institution, including Data Protection, Integrated
Risk and Fraud, Regulatory and Industry Compliance
requirements according to the program design.
- Establishment of
contractual relationships and negotiation of rates of service
with all required Program participants, including MasterCard,
Visa, American Express & Discover in the Merchant Processing
value chain to bank program sponsorship, processor setup, fee
structure and merchant management.
- Analyze and review
infrastructure of POS terminals, telephone connections &
Internet stability, and discern the ability to upgrade from
the current units in place with one specific terminal which
allow for the processing of all cards, including MasterCard,
Visa, American Express, Discover and most Chip & Pin card
issued.
- Provide complete
Program infrastructure for easy transition to the new Gateway
system, with management teams trained throughout the
establishment process to fully understand the requirements to
maintain a successful program. This will include knowledge of
merchant management, multiple brand options, authorization
services, fraud and compliance management, browser-based
access tools for merchant/customer support services, internet
support and related e-commerce solutions.
High Risk Transaction Processing
WWC can assist both financial institutions
and clients seeking to engage in the processing of “High Risk”
financial transactions both domestically and internationally.
WWC maintains relationships with processors who are both
experienced and fully compliant in all aspects of the
processing of High Risk transactions.
These services include:
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Evaluation of existing data systems and integration
compatibility with a processing partner.
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Establishment and creation of all Compliance documentation and
policies for the client or financial institution, including Data
Protection, Integrated Risk and Fraud management, Regulatory and
Industry Compliance requirements as required.
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Negotiation of rates and establishment of all contractual
relationships with the required Program participants, including
the processor relationship from setup through implementation
ensuring long term and cost effective rates.
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Reviewing, monitoring and supporting the processing Program to
ensure profitability and success.Prepaid Reloadable Stored Value Card
Programs
WWC as a Visa certified ISO can provide
services as a Program Manager to deliver to its clients the
technical know-how and resources necessary to establish a Prepaid
Debit Card Program.
These services include:
- Designing and developing a Visa and/or MasterCard branded
prepaid reloadable debit card program suited to the particular
needs of the client as well as the demographics and target
markets to be addressed.
- Processing of all applications and Program Information Forms (PIF)
through Visa, MasterCard, Star or Discover networks as
identified by the Program as designed.
- Establishing and creating all Compliance documentation and
policies for the Program, including Data Protection, Integrated
Risk and Fraud protection, Regulatory and Industry Compliance
requirements according to the Program design.
- Negotiate and establish all contractual relationships with the
required Program participants in the prepaid value chain such as
financial institution program sponsorship, card processor setup,
fee structure, card management and fulfillment.
- Providing complete Program Infrastructure including card
inventory and security issues, multiple funding options,
authorization services, fraud and compliance management,
browser-based access tools to cardholder/customer support
services, internet support and related e-commerce solutions.
- Delivery of a fully functional interactive website that provides
for internet based marketing of cards, customer activation of
cards, access to real time account information, and card
services in multiple languages.
- Establishing a customer service network for cardholders.
- Delivering a prepaid reloadable debit card sponsored by a
financial institution designed to the client’s specifications
and/or desired artwork for the purposes defined in the Program,
including payroll and/or general spend purposes that can be used
by customers worldwide.
- Creation of a retail sales program and Merchant acceptance
solution for point of sale transactions, including localized
discount and rewards value added services as well as worldwide
discounts and rewards.
- Providing processing services through its strategic partners
with real time reporting and access to all financial data
throughout the life cycle of the Program.
Finally, WWC provides ongoing support for the operation of each
Program for its full life cycle in both open- and closed-loop
product types, including:
- Program management (establishment of business rules, processes
and pricing)
- Customer, card, and account creation and management
- Funding (value loading) procedures
- Flexible transaction acquiring and routing
- Authorization, clearing and settlement
- Activity reporting and statement generation
- Customer dispute management
- Payroll and General Spend program management
- Inactive accounts and breakage management
- Fraud detection and prevention
Domestic and International Paymaster Services
WWC can custom
design and implement paymaster services for any size company to
compensate employees and agents domestically and internationally
without the cost and delay of traditional paper settlement. Each
employee or agent will be issued a reloadable prepaid debit card
which can be loaded electronically from a single batch file by
the company and delivered electronically to the individual
employee or agent anywhere in the world. The debit card can then
be used by the employee or agent up to the deposited amount at
any ATM that accepts Visa worldwide to withdraw funds, or may be
used as a payment vehicle for individual transactions or
purchases. The same card can also be used to provide expenses to
employees or agents abroad. Because the card can only be used up
to the amount loaded to the card, this eliminates any concern of
exceeding spending limits. And, all transactions are tracked
“real time” for verification and accounting reliability with
instant reporting capability. For more information on domestic
or international paymaster services, please e-mail us at
info@worldwidecardsinc.com
Co-Branding
World Wide Cards, Inc. can present businesses with the
opportunity to brand their very own general purpose spend card
with their company logos. Co-branding is a competitive marketing
strategy that not only serves as a wallet sized billboard, but
also as a vehicle to provide discounts and member specific
rewards to cardholders. Whether intended for business
associates, employees, referral partners or a token of gratitude
for your customers, your co-branded World Wide Banque Carte™
Prepaid Visa Card is a superior vehicle for delivering your
company’s promotional and marketing materials to your customers.
Co-branding is also a great way to increase brand awareness and
customer loyalty in a convenient and profitable manner. For more
information on how to co-brand a card for your company, please
e-mail us at
info@worldwidecardsinc.com
Coupon and Rewards Feature
World Wide Cards and its strategic partner RAM are preparing to
launch a revolutionary coupon and rewards redemption feature
that will be employed through the use of the World Wide Banque
Carte™. This value added feature can increase the frequency of
purchases, referrals and also retain customers and employees for
your business. RAMS platform incorporates online traditional
e-commerce management with E-Loyalty, E-Rewards, and pre and
post paid card and virtual wallet services. All of this provided
on one unique management software platform and usable for all
industries globally.
A coupon and rewards program can assist your business in
capturing invaluable information about your business and your
valued customers, and brings your customer retention initiatives
and processes to a whole new level. Let us show you how a
customized coupon and reward program can help your business grow
and prosper in the e-commerce world. For more information on
this feature, please e-mail us at
info@worldwidecardsinc.com
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