Managed Transaction Services by The Logic Group

5.17 - What's this?

The Logic Group’s Managed Transaction Services operation provides a complete electronic funds transfer (EFT) solution that performs transaction processing on behalf of customers. The Managed Service provides clients with a fully managed, resilient and cost-effective outsourced service, significantly reducing the need for extensive investment in staff, training and equipment. Rather than having to develop or build new IT infrastructures, retailers can take advantage of both The Logic Group’s existing IT infrastructure and its strong bank relationships to roll out new systems much more quickly and easily.

Features

  • » Comprehensive EFT solution, including card authorisation, settlement and fraud management.
  • » Enables customers to concentrate on core business, saving time and effort as well as investment in new hardware.
  • » Leverages expertise from an industry leader with 16 years of experience and specialist expertise in card processing & fraud management.
  • » Sophisticated financial information reporting provides treasury departments with detailed management information on processing trends and the location & quantity of transactions.
  • » 24 X 7 system performance monitoring, with sophisticated confirmation and error alerting. This checks for both infrastructure critical errors and unusual transaction patterns.
  • » Reduces training and staff costs.
  • » Modular and flexible design allows for easy incorporation of new functionality.

Supported Technologies

ASP Hosted
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Pricing

- Unspecified -
marketing@the-logic-group.com
01252 776600



Additional software product description, benefits, features, and uses.

Additional Product Information

Clients are provided with a fully managed, resilient and cost-effective outsourced transaction processing service, significantly reducing the need for extensive investment in staff, training and equipment. A range of services are available across the complete spectrum of payment environments, from high-end multi-channel retail systems and unattended payment terminals to large multi-seat call centres and international e-commerce.

The Managed Service leverages the complete portfolio of industry leading Logic Group technologies, including On-Line authorisation (Solve/SE), settlement (Silverfleet-Payment), fraud management (CNP Solution, including support for anti-fraud initiatives Verified by Visa and MasterCard SecureCode™), risk management, reporting and reconciliation, supported by highly experienced development, support and operational services teams. System performance is closely monitored (Solve-Monitor), 24 hours a day, 365 days a year. Value-added options are now also available for secure IP infrastructure and loyalty services.


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