A Powerful Card Management System

BankWorld Cards offers an end-to-end Card Management System that enables banks to issue and manage a variety of debit and prepaid cards. It is a flexible card management solution for issuing, fraud monitoring, clearing and settlement and lifecycle processing. It conforms to all required standards and supports a range of EMV card applications including VSDC, MChip 4, CPP and China Union. BankWorld Cards offers a single platform to fully control the entire card process making it fast, simple and efficient.

BankWorld Cards is supplied with a complete set of modules to facilitate debt issuing including:

  • Core configuration
  • Card management
  • Card detail maintenance
  • Customer service
  • Lost and stolen card processing
  • Report generation
  • Security

Self-Service Card Controls at their Fingertips

The BankWorld Card Management System provides end users with the ability to self-control their cards limits and usage restrictions via their mobile app or web browser. Users can freeze/unfreeze, disable internet transactions, enable/disable channels, restrict travel countries, restrict by merchant type and control spending limits. Customers can also completely block their cards by reporting the card as lost or stolen. These card operations within the digital channels are pre-integrated to the BankWorld CMS and related Switch. This pre-integration is a default capability that results from the development philosophy related to channel convergence via shared business logic, data and channel technology. It is the underlying contributor to delivering a consistent cross channel experience.

BW Cards ensures customers can use their card continuously in a secure environment at every touch point (self-service, internet, mobile, POS).

By providing a single platform for complete end-to-end card payment, management and processing as well as facilitating issuing, acquiring and producing, your bank can fully control their entire card process making it fast, simple and efficient.

Card Issuing and Production

Centralise the issuing and production of cards

BankWorld offers a flexible card production system that enables banks to issue proprietary and globally branded cards such as Visa and Mastercard. By managing the issuing and production of cards in-house, you can considerably increase customer satisfaction as cards can be produced and given to customers right away. Our solution enables your authorised staff to manage an account, create a card, set up the rules and rights, manage limits and issue a ready to use card to customers in just a few minutes. The solution supports dynamic multi-lingual and multi-currency capabilities.  It also significantly reduces costs and improves operational efficiency, your bank can directly control all aspects of card production including data encryption, magnetic stripe encoding, card embossing, PIN mailing, printing card carriers and interfacing to card management systems.

BW Cards empowers banks to increase revenue, improve the overall customer experience and significantly reduce costs.

Increase Revenue

Card fees and charges
Maximisation of card availability
Large range of cards available – Debit, Credit, Prepaid.

Improve Customer Experience

International schemes
Multi-currency choice
Fraud prevention
Convenient prepaid or online payment services
Card personalisation
Card alert services Card on/off feature.

Reduce Costs

Single integrated platform
Fraud detection
Reduce risks and errors
In-house production.

BankWorld Prepaid Cards

BankWorld Prepaid Cards is a solution which enables the bank to have a simple and secure card-based account separate from their main bank accounts.

BW Prepaid Cards offer banks the ability to generate revenue through a variety of fees that can be charged to cardholders at different points throughout the lifecycle of the card. These fees include administration fees, transaction fees as well as fees generated through targeted offers to customers.

BW Prepaid Cards are reloadable through all BankWorld self-service banking channels ranging from cash acceptors at ATMs to BankWorld Internet funds transfers.

Cards are created using the bank’s existing card production mechanisms and both magnetic stripe and Chip and PIN technologies are supported.

Enhanced Security and Anti-Fraud

Card fraud is a sensitive and expensive issue which can have a serious impact on your customer retention and public image.

CR2 tackles this issue with BankWorld Cards FraudTrap, a real-time monitoring system that enables you to identify and prevent fraud at its earliest possible moment. You can also define rules and check for fraudulent activity in more sophisticated transaction patterns.

Safety doesn’t happen by accident and CR2 goes even further to keep your customers secure by offering One Time Passwords, card on/off control, decoupled cards and transaction notifications.

The BankWorld Card Management supports a range of international card schemes including:

  • Visa Issuing Gateway
  • Visa Acquiring Gateway
  • MasterCard Issuing Gateway
  • MasterCard Acquiring Gateway
  • Union Pay International Issuing
  • Union Pay International Acquiring
  • Diners
  • Diners via MasterCard
  • JCB via MasterCard
  • Amex via MasterCard

Switch and Payment Gateways

The solution provides gateways to a number of Card Management systems, payment systems and switches, such as:

  • Postillion
  • Jonet
  • S2M
  • TranzWare
  • PIN verification
  • Tieto
  • Powercard
  • Base 24
  • CTL
  • EBC 123
  • UAE Gateway
  • ZIM Switch
  • Openway
  • Shetab
  • SmartVisa
  • Myanmar Payment Union
  • NI Switch
  • Way 4U