Merchant Payment System: An Innovative Approach to

AUTOMATE
INTEGRATE
COLLABORATE
AUTOMATE
INTEGRATE
COLLABORATE
Claims Management
Merchant
System Payment
System:
The Innovative
Claims Management Approach
System
An
to Payments Services
gives retailers and suppliers a sin-
gle view to invoice, remittance and
claims data & status. The system helps you manage inand claims
inquiriesSystem
using a secure,
onlinepayments
portal
The voice
Merchant
Payment
extends
centrally consolidates payments, integrates with all
with your trading partners. The Result: timely access to
services
typically
provided
by
payment
gateways
back-end applications, archives payment data for
data for better financial management, more robust payment and
ordering
andand
rock enterprises
solid security, in
to address
needs
of reconciliation
large entities
analysis, and contains other functionality required
audit and control. The Claims Management System
relation to purchasing
and
reconciliation
with
their
to manage payments in a secure and auditable
gives
retailers
and suppliers
a single
view
to
invoice,
remittance
and
trade community. It facilitates the purchasing of both
environment. The services are delivered through a
claims data & status. The system helps you manage inFunctionality
goodsvoice
and and
services
with
support
for
multiple
payment
cloud architecture, providing infinite scalability for
claims inquiries using a secure, online portal
with
your
trading
partners.
The
Result:
timely
access
to
methods that can link to any bank globally. The system
geographic expansion and growing transaction volumes.
data
for better
financial
management,
• Vendor
on-line
invoice,
payment andmore
claimrobust
inqui-paymentries
and ordering reconciliation and rock solid security,
audit and control.
• Automatic
claims processing
workflow
CURRENT
MARKET
SITUATION
THE INNOVATION
• Secure, on-line portal for viewing claims and
remittance status and history
Functionality
Payment
gateway
solutions
currently
available
in the
QLogitek’s Merchant Payment System includes all of the
• Detail
financial
reporting
for claims
management
market have
been
developed
for
one-to-one,
dependent
above, while also offering innovation through the following
and administration
• Vendor between
on-line invoice,
payment and
inquirelationships,
the customer
and claim
the payment
extended functionality and features. Again, these are
ries These gateway solutions support features
processor.
to address payment requirements for large entities and
• Automatic claims processing workflow
such as:
enterprises, such as governments, banks, telecommunications
• Secure, on-line portal for viewing claims and
Benefits
companies, and universities as they deal with their internal
• Virtual
Terminalstatus and history
remittance
or external community of purchasers.
•
Detail
financial
reporting
for
claims
management
• Payment Methods
• Eliminate
manual invoice, payment and remittance
and administration
• Merchant
Account
inquiries
from vendors
• Automate claims processing for your global vendor
• POS Credit Card Swiper
community
170 countries
• eCheque
Processing
• Reconcile
claims data with financial systems
Benefits
125 supply chain processes
• DriveCart
greater
collaboration with your trading part• Shopping
Available
ners
35 major hubs
• Recurring
Billing
• Eliminate
manual invoice, payment and remittance
560 supply chain components
from vendors
• Fraudinquiries
Protection
• Automate claims processing for your global vendor
20,000 trading partners
• Address
Verification
community
80,000 users
• Time
Reconcile
claims data with financial systems www.QLogitek.com
• Real
Processing
3.7 billion transactions
• Drive greater collaboration with your trading part• SSL ners
Claims Management
System
• CVV2 (Three Digits)
1.800.699.8204
www.QLogitek.com
1.800.699.8204
AUTOMATE
INTEGRATE
COLLABORATE
Merchant Payment System (cont’d)
Extended Features
Innovation
Supports multiple banks
Bank neutrality
Supports multiple payment
card processors
Extended Features
Innovation
AUTOMATE
INTEGRATE Mobile payments
COLLABORATE
eMobile payments
service
• Provides an enterprise with the ability
to process its payments through a
variety of banks.
• eWallet type payment method for an
enterprise offering customers to pay
using their mobile units.
Payment card processor neutrality
• Facilitates remote mobile payments.
Claims Management
• Provides an enterprise with the ability
System
to offer multiple payment methods.
Claims Management
Consolidated payments The Payments
consolidation System
across all processors and gives retailers and suppliers a sinbanks
gle view to invoice, remittance and
claims data & status. The
manage in• Psystem
ayments helps
from allyou
connected
voice and claims inquiries processors
using a secure,
online banks
portal
and settlement
are
with your trading partners.merged
The Result:
timely
accessforto
into a single
database
consolidated analysis
reporting.
data for better financial management,
more and
robust
payment and ordering reconciliation
rock solid
• Acts as aand
repository
for allsecurity,
payment
Management
audit and control. The Claims
transactions
regardless of System
the
payment method
or source. a singives retailers
and suppliers
gle view
to invoice,
remittance and
Consolidated financial
Financial
Reporting
claims
dataall& status. The system helps you manage inreporting
across
Functionality
and claims inquiries using a secure, online portal
A/R &voice
A/P processes
with your trading partners. The Result: timely access to
• Comprehensive management of
data
for better
financial
management,
robust
pay• Vendor
on-line
invoice,
payment
andmore
claim
inquifinancial
information
from
a single
mentries
and ordering reconciliation
and rock solid security,
database.
audit and control.
• Automatic claims processing
• Ability workflow
to control & report the entire
enterprise’s
& A/Pand
financial
• Secure, on-line portal for
viewingA/R
claims
information.
remittance status and history
Functionality
Business
engine
Payment
method
determination
• rules
Detail
financial reporting
for claims
management
per merchant
and administration
• Dpayment
etermines and
payment
methods
• Vendor on-line invoice,
claim
inqui-that
should be offered to a customer on a
ries
transaction by transaction basis.
• Automatic claims processing workflow
• Enables enterprises to set rules
• Secure, on-line portal for
viewing
claims
andon
to tailor
payments
based
Benefits
pricing, rates, product, in order to
remittance status and history
improve
marginsmanagement
on sales, customer
• Detail financial reporting
for claims
configuration,
protection.
• Eliminate
manual invoice,
payment and
andfraud
remittance
and administration
Trade Payment
Service
Flexible Pre-Approved Debit type
inquiries
from vendors
(TPS) • Automate claims processing
functionality(PAD)
for your global vendor
Claims Management
System
• Facilitates proximity mobile
payments.
• Originates & authorizes payments
through direct account debit.
Scheduled payments
Scheduled payments
• Dynamic payment method to offer
customers the flexibility to tailor
their payments within the parameters
allowed by the enterprise for a given
customer.
Process refunds, voids,
cancellations
Enhanced payments
administration
• Provides information to automate the
reconcilement of payment receipts,
including the integration of returned/
rejected, voided or cancelled items.
Payments data analysis
Payments information repository
• Offers an enterprise opportunities
to perform analysis on past, present
and future payments in the database,
providing customers with readily
available payment information.
Controlled access to
merchant data
Secure access to payments data
• A
llows an enterprise to create role
profiles to permit different job
functions access to payments data
relative to job responsibilities.
Integration with legacy
(ERP) applications
• Enables direct deposit into seller’s
Highest & hardened security
account.
standard as defined by
• Reconcile claims data with financial systems
Benefits
Industry and Technology
•
P
AD
payments
are
associated
with
• Drive greater collaboration with your trading partgood practices standards
fixed, rigid, payment dates. TPS
ners
is an alternative payment method
• Eliminate manual invoice,
payment
and
remittance
to be
used at the
discretion
of an
inquiries from vendors enterprise.
• Automate claims processing for your global vendor
community
• Reconcile claims data with financial systems www.QLogitek.com
• Drive greater collaboration with your trading partners
** Unique real-time
processing
community
**Elimination of cheques & invoices
Payments integration
• A
bility to interface with back-end
corporate financial applications,
providing enterprise wide
consolidation of payment information.
Payment Card Industry (PCI)
Level 1 and Federal Information
Processing Standard (FIPS)
security compliant
• Built with the highest security
controls adhered to by banks, credit
card companies, and governments.
• Incorporates extensive data logging
for audit and compliance purposes.
1.800.699.8204
www.QLogitek.com
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1.800.699.8204