zCMS – Card management system

zCMS is a fully capable card management system intended to provide a complete back-office card payment processing solution. It consists of the following elements: Common elements, Issuing functionalities, Acquirer functionalities, Booking interface, and Reporting. Each of these elements have different set of useful features.

zCMS elements:

1. Common elements
   • Transaction loading;
   • Journaling;
   • Access rights management;
   • Data encryption;
2. Issuing functionalities
   • Product management (credit, debit, charge, revolving, and prepaid);
   • Card application processing;
   • Card member management;
   • End-of-cycle processing;
   • Reminders (due dates, late payments, fees, and interest rates);
   • Payments (matching the payments from different channels with customers or invoices);
   • Fees (applications, membership, renewals and reissues);
   • Statements.
3. Acquirer functionalities
   • Merchant contract administration (corporate and merchant data, category codes, payment accounts, payment terms, fees and commissions, interest rates, limits, etc.);
   • Interfacing with authorization and other systems;
   • Preparing and updating terminal/merchant data;
   • Exchange rates;
   • Manual transaction entry;
   • Loading payment corrections from dispute management process;
   • Authorization matching;
   • Risk processing (risk matching for individual payments, automatic and manual resolving, and acquirer risk monitoring);
   • Negative card list processing;
   • Payment processing (creating of merchant invoices and statements, fees and commission calculation with fixed and/or proportional rates and progressive tiers, processing of payment corrections, and refund processing).
4. Booking interface
   • Creating payment orders for merchants;
   • Creating payment orders for corrections;
   • Creating payment orders for refunds.
5. Reporting
   • Transaction level reporting;
   • Statistical reports per terminal and/or merchant (volume, detailed reports, fees and commissions);
   • Statistical reports per card number;
   • Invoice and statement reports per merchant;
   • Custom reports.