The EBSG® advantage EBSG® offers participating Financial Institutions and their Cardholders ATM and PIN-secured point-of-sale (POS) debit access. Next we explain how EBSG® supports the participation for a Financial Institution in the operation.
The EBSG® Platform
EBSG® has the capability to provide services to other cards and route the transactions to their corresponding issuer thru the PLUS Network (VISA International) or Cirrus Network (MasterCard International) and STAR Network.
Under this infrastructure the system is capable to open other facilities to provide customer service support and additional services thru the interactive voice respond system.
All of these services are provided under a secure technological platform, applying security mechanism based personal information keys (PIN) and encryption over the communication channels to protect all the data transactions (SSL).
The process is supported with the adequate operative procedures to manage problem situations occurred among the networks and the authorization process thru the specialized personnel to analyze the cases and solve the dispute cases presented.
The EBSG® Production Process
The production process initiate with the customer card request with an authorized agent. The plastic card is printed and recorded with specialized printers to write the magnetic information need to use in several physical terminals.
IThe same card number could be used in virtual terminals for other transactions. This process is executed under security and control procedures to guaranteed the integrity and confidentiality of the information related to the customers.
IWith the card on hand, the customer can go to any ATM or POS terminal to initiate transactions and depending on what network the transaction begin the way will be different but the process will be the same.
In the case the customer use an ATM, the transaction is addressed to thru communications channels over Internet up to our EBSG® switch processor. This processor will validate the information related to the card to verify and determine as a valid transaction and authorize if this is the case.
EBSG® processor also can route the transaction to other host computer to get or obtain this authorization and receive back the response to complete the transaction in the terminal, ATM or POS.
At the end of day, there is a final process where the money moved into the network is exchanged among the participants to cover the debits and credits thru a local bank doing the compensation process.
EBSG® Technological Level
The operations of the company are carrying out thru Internet servers to support the main operation for the transaction processing and authorization process.
This is enclosed with a parallel or redundant operation to provide high availability and a processing load balance to give an excellence service.
All the system operation is based in the last Internet software and hardware technology to support the integration to the EBSG® to any Financial Institution.
The standard implementation time may take 90 to 120 days. However, any customization you require and branding may change this estimated time.
The standard implementation time may take 90 to 120 days. However, any customization you require and branding may change this estimated time.
Constantly we are innovating and R&D enabling market expanding services.
EBSG® Benefits and Results for Financial Institutions
R eal-time, secure transactions and an expertise partner and collaborator.
Focus on minimizing fraud reducing the exposure to risk to an institution’s core deposits.
Source of trusted connections that enhance the relationship between financial institutions and their cardholders.
Functionality that supports consumer loyalty to our Members.
