Chase Bankcard Services for having Good Business Operations

2008-03-06 10:23:38

( Financial )



The chase bankcard services have been delivered to financial institutions in order to assist them as well as the merchant needs. These services are aiming to assist their banking clients with their sales calls, portfolio evaluation, customer seminars, product demonstrations, and bank or merchant training. These visa merchant services also provide suitable bankcard processing for authorization or capturing data services, office processing programs that are comprehensive and assistive support.

The chase bankcard services utilize the following processing options: First, the Agent Bank Processing. Within this process, it gives the financial institutions an option which has comprehensive front-end authorization and back-end settlement processing. This constitutes services like audio response and electronic authorization. Through MasterCard and Visa merchant services, the clearing of transactions is also included. The settlement of funds is also involved in this process to the financial institution and its customer merchants. The profitability reporting, the statements of the merchant and the customer support to the financial institution and merchant are also included in this process.

The second is the full service processing. Under this, the financial institution will make an initial contact with the prospective merchant. At the same time, it performs the pricing review. Then, the chase bankcard services’ authorized person will contact the merchant, give presentation package, which was approved by the financial institution. This also explains the processing benefits with the financial institution and demonstrates to the merchant the POS equipment choices if it is necessary. Once the merchant had completed the paperwork, the application package will be passed on to the financial institution for review and to approve. When it had been approved, it will be given to the chase representative in order to prepare for the set-up and merchant implementation.

The third one is the referral bank processing. It enables to assume liability for and acquire the merchant portfolio that still existing of the financial institution. This processing has the responsibility for contracting with the merchant customers of the financial institution, holding the liability for all transactions, making all credit decisions, determining merchant pricing and control, and handling the services needs of the merchant.

The chase bankcard services are truly assistive for the maintenance of your good business operations. Your financial institutions will surely have a good contact with their customers by the help of these services.


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