ATM/EFT Services
o ATM Card Products
ATM Cards
• Make banking easy and
convenient with the simple touch of a few buttons at an ATM machine using our
ATM card product. Our ATM card provides your customers with access to their
checking or savings account funds 24 hours a day, seven days a week. Just enter
a PIN (Personal Identification Number) to get cash, check balances, transfer
funds or make a deposit. Our ATM card gives your customers access to thousands
of locations displaying the CIRRUS or PLUS SYSTEM symbols. They can also make
purchases at merchants where PINs are accepted when utilizing the Interlink
feature.
VISA Consumer Checkcards
• The VISA Check Card
displays the familiar VISA symbol; however, it is not a credit card. It is an
ATM card that can also be used to pay for purchases directly from your checking
account wherever VISA is accepted - around town, around the country, around the
world. Visa check card is the country's most widely used debit POS payment
product, providing cardholders safe and efficient access to their funds on
deposit and superior value and functionality. And, it conveys a full range of
Visa consumer benefits and protections.
VISA
Business Checkcards
• Some
institutions may be interested in issuing the Visa Business Check Card. It is a
unique card, specifically designed for small and home-based business owners.
This card offers small businesses card-based convenience to make purchases with
their own funds, as well as access cash and other services through ATMs and Visa
financial institutions. Like all other Visa credit and debit cards, it is
accepted wherever the Visa logo is displayed.
Financial institutions choose
to issue the card to build relationships with the fast-growing small business
sector, to generate revenue from business accounts through interchange and other
possible fees, and to reduce expenses by decreasing deposit and check processing
costs.
o Card Services
Interlink
• Interlink is the
leading nationwide electronic payment service developed by U.S. merchants,
financial institutions, and consumers. Interlink was designed exclusively for
the point of sale. When issuer ATM cards and/or Check Cards are enhanced with
the Interlink logo, cardholders can access their checking accounts quickly and
conveniently without a checkbook.
The Interlink service offers cardholders a
convenient card-based payment alternative to cash and checks at the rapidly
growing number of merchants with PIN-capable terminals. It also offers cash back
at the point of sale at participating merchants.
Card Usage Database
• The Card
Usage Database is a collection of data organized by individual cardholder. The
data compiled consists of Cardholder information, ATM Transaction Information,
PIN Based Transaction Information, Signature Based Transaction Information, and
Denial Information. The Card Usage Database was developed to provide our
customers with an avenue to market their Visa Check cards to their customer
base. You could use the data to send mailers to customers who have never used
their card, or send promotional material to cardholders who use their card
frequently. Many institutions across the country are using rebates as a way to
increase check card usage. These rebates range from “cash back” on each
transaction, to free long distance or airline miles.
The database also includes
information on ATM transactions and surcharges. Banks could use this information
to find out who is using “Foreign” ATM machines, and send a flier to those
customers with the locations of surcharge free ATMs. Another option is to use
the database to give your customers rebates on their surcharge fees and/or
backend fees.
Administrative
Terminal
• The Administrative
Terminal is a web-based application that allows users the ability to conduct
card maintenance via a secure internet connection using Internet Explorer. All
data passed over the internet will be encrypted using SSL (Secure Sockets Layer)
technology.
For card issuers, this
application is used to view and edit card and balance records from your own user
base and provides the capability to immediately change card status and limits.
For ATM owners, it allows you to view the terminal control records of your
ATMs.
The ‘point and click’
environment allows easy navigation throughout the product. Enhanced screens,
including ‘folder tabs’, provide easy viewing of all sub-windows and new pop-up
windows for frequently referenced lists, such as the transaction codes.
Card Marketing
Campaigns
• In partnership with
the national card networks, i_TECH provides the marketing support you need to
launch a successful check card program. This support includes national marketing
campaigns to help educate consumers and to increase the demand for your check
card. Also, we offer turnkey marketing kits that can be customized to your
liking, helping you achieve the profitability and results you
desire.
Behind the Switch
Processing
• Behind-the-Switch
(BTS) is the process whereby ATM and Visa Check Card transactions are authorized
against the cardholder’s live balance, deducted immediately from the available
balance and reflected on the host terminal. This product provides a more
accurate view of a customer’s checking account balance by enabling tellers to
see previously completed ATM transactions as well as outstanding Visa Check Card
authorizations. Withdrawals and/or deposits made at the teller line will also be
reflected at the ATM. This will put an end to the problem encountered when a
cardholder does an ATM withdrawal followed by a withdrawal from a teller and
overdraws his account.
A
"behind-the-switch" institution receives all on-us ATM transactions from a
switch. In an ATM network, a "switch" is a transaction router. It receives
transactions from ATMs and other switches, sorts them according to destination
and sends them to the appropriate on-us institutions (or to another switch). A
"behind-the-switch" institution does not operate any ATMs. The network gives
cardholders access to any ATM in the network. Cardholders benefit by having
access to a large number of ATMs and network members benefit by receiving and
processing only on-us transactions.
o Dispute
Resolution Management
Transactions, whether at an ATM or a Visa Check Card purchase, may sometimes not
go according to plan. When these situations occur, i_TECH's Dispute Resolution
Team stands ready to help provide solutions.
Our experienced staff is
knowledgeable with all the rules and regulations involving Visa, Visa Plus,
Interlink and Cirrus. Together with this knowledge and easy to use dispute forms
we provide a system that saves you time helping to reduce back office
costs.
Once you initiate a dispute, we take it from there.
Your dispute will be processed with the appropriate Network and followed through
until completion. The appropriate adjustments will be made to a pre-determined
settlement account and you will be notified about the details. Should any
re-presentments or other changes affecting the dispute happen, we will work with
you to ensure you understanding of the reasons. Appropriately if disputes enter
into an arbitration or compliance situation, we will examine the dispute
carefully to explain your options and how to proceed. i_Tech has an excellent
record of helping Financial Institutions recover funds involved in arbitration
or compliance cases.
o ATM Processing
Support
Terminal Driving
• i_Tech has certified with the
major ATM manufacturers and can drive almost every model available. And
depending on the make and model of your ATM, we work with you to offer the most
cost effective means of communication options. Whether using a traditional
leased line option or connecting your Financial Institution’s frame network to
ours or simply using a measured business phone line for dial up communications,
i_Tech stands ready to provide you with a complete ATM processing
program.
TCP/IP
Access
• The Network offers TCP/IP
access for both ATMs and the Administrative Terminal for those institutions that
currently are running their own frame network system. i_Tech is able to tie into
your institution’s frame cloud and allow access to our systems without adding
any additional phone line costs to your institution. This same system will allow
institutions to receive their reports and send their positive balance files
without the need to place a long distance phone call to i_Tech. It also allows
for faster transfer of the information. Institutions with ATMs running on TCP/IP
are able to lower their communication costs by eliminating the dedicated leased
or dial line. When ordering new ATMs, consider ordering them with the TCP/IP
options which will eliminate the need of buying a protocol converter
box.
24/7 Monitoring
• Maintaining peak customer
access is critical to ATM program success. To keep your ATMs up and running, we
provide 24/7 monitoring of the i_TECH network. With this extensive coverage,
errors can be immediately detected and diagnosed, and repair crews can be
dispatched at your request. Whatever the problem, whenever it occurs, i_TECH
keeps you informed for quick action.
Custom
Screens
• i_Tech’s ATM processing
center provides you with advanced and custom features to meet the specific needs
of your institution. One of those features is the availability of custom screens
that incorporate color graphics, animation and multilingual text. Ask us about
this feature and whether it can be incorporated into your
ATM.
Selective Surcharge
Alliance
• If you enter into an
agreement with another Financial Institution or multiple Financial Institutions
to eliminate charging access fees (surcharges) for use of your ATM, i_Tech can
facilitate that process. We can easily by-pass the card Bin Identification
Numbers (BINS) you choose to eliminate from
surcharging.
Surcharging
Capability
• With our ATM system,
you have the ability to add a surcharge (additional fee) for allowing
non-customers to use your ATM. The charge is added to the amount of cash
requested and is assessed at the time of the
transaction.
Universal Transaction Options at the
ATM
• Withdrawals from
checking/savings/credit cards
•
Accounts balance inquiries on checking/savings/credit
cards
• Deposits to checking and
savings accounts
• Cash back on
deposits
• Payments from checking
and savings accounts
• Transfer to
checking from savings and from savings to checking
accounts
• EBT (electronic
benefits transfer)
• Printing of
mini-statements
• Sale and
dispensing of postage stamps, pre-paid telephone cards, and
coupons
o Documentation and Reports
We provide you with a complete and
comprehensive Operations Manual that is updated annually. This manual assists
our users to understand and utilize the products and services our ATM/EFT
department deliver.
Managing your ATM and check card programs is easy and
efficient with the detailed, extensive reports supplied by i_TECH. These
include:
Settlement
Interchange Income
Reports
Transaction Detail
Reports
Fraud/Risk Management
Reports
Cardholder Listing
Reports
Daily & Monthly ATM
Activity Reports
o Software
Development
i_Tech
Corporation’s ATM/EFT technical staff is composed of highly skilled, dedicated,
team oriented individuals. Every facet of software development is embodied in
our staff from the management team and project managers to the software
development and technical support.
i_Tech Corporation’s
ATM/EFT software was developed from the ground up and is maintained by our own
in-house staff, allowing for maximum flexibility to accommodate our customers’
ever changing needs. Our ATM/EFT staff has an average of over 7 years experience
in ATM/Banking software and have expertise in Stratus, Unisys and Windows based
systems. Whether its ATM installs, cardholder conversions, report changes or
adding new system functionality, our ATM/EFT technical staff is ready to assist
you.
Every member of our team is focused on providing the
best possible products and service to consistently meet our client's
expectations. From the behind-the-scenes programmers to experienced customer
support engineers, the i_Tech staff takes pride in providing customers with
solutions that maximize customer success while minimizing their costs.
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