Ways to optimize consumption using credit and debit cards.
In an initiative aimed at joining a global trend, the company Credential Payments, which implements technological solutions and methods of payment processing, began to offer Argentina a service designed to “schedule” or adapt the use of credit and debit cards according to needs who is responsible for them. A solution called by the company “parameterization” of functions of plastics.
This is a service that can be used primarily with corporate cards ever since companies can decide in advance on the type of use and cost to be approved for each employee. A common example is fuel for travel or entertainment expenses. Through this implementation, certain types of costs can be exclusively allowed in certain stores. This simplifies the issue of cost control, they insure the international company.
“With the personalized parameterization of each card, the user can make decisions that will affect their security and also control their card costs. If you only want to use the card for one item or up to a certain amount, you can program it yourself, just as companies can do to their employees if they have a card with the platform we offer ”, explained marketing and new business manager of this company, Jorge Larravide.
Credential Payments has been operating for more than four decades in Argentina, providing payment services, both to the Fintech sector, as well as to banks and the government sector. It works in the local market and in a dozen countries in Latin America.
In this case, to improve the customer experience in managing their cards, established Credencial a partnership agreement with FirstPerformance, a business software company based in Midtown Atlanta. The goal of this alliance is to provide enhanced data for customers to better understand where their cards are used and gain better control over their finances.
The platform developed by First Performance “offers the next generation of card controls and digital participation,” Larravide said. And he explained that its role in empowering companies or cardholders to use, manage and control your finances digitally and real time.
angIn this application, for example, users can: activate and deactivate their card when needed; specify which channels will work: ATM, POS, e-commerce. Also program real-time alerts for associated consumption (high value), set maximum spending budget limits (daily, weekly, etc.) or generate transaction alerts ( approved, rejected or blocked), among other functions.
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Source: Clarin
