EZBoard Merchant Front End and Back End Boarding System
Business Challenge
In order to activate a merchant, the MSP needs to enter merchant application data in multiple host systems such as Credit bureau, address verifications, bank card verifications, MATCH, front end and backend hosts. Multiple data entries and errors consume man power , require trained staff and cause delays in merchant activation. MSP needs a process for automating merchant boarding
Business Needs
- Enter merchant application data only once and not multiple times
- Activate merchant in few hours not days
- Get higher thru put without adding staff
Feature Highlights
- Automatically sends merchant data to various external hosts
- Automatically pull Credit Report and Fico Score
- Check OFAC and other database for address and bank account verification
- Automatically board Discover, Amex, Front-end and back-end hosts.
- Automatically board other hosts such as check, gift card etc.
- Edit or update merchant records on host as needed
Benefits
- Reduce cost of Data entry and errors
- Improve competitive position by faster activation
- No need to train and retrain employees in boarding
|
