A large bank in Zambia processes 100,000 + VISA ATM and POS device transactions on a daily basis.
Once the customer’s balance has been verified and the transaction authorised, the settlement of the transaction needs to take place. They face a challenge where these settlement transactions are processed manually into their banking system allowing significant room for error and time delays.
Xpertek found a simple and effective solution. The SFI eVolve payments hub was deployed into the bank’s visa settlement process. SFI eVolve receives the VISA card transaction files, runs validations on the account details, cleans the files and integrates with the banking system. No errors, no time delays, online, automated and cost effective!