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  Processing cards should not be difficult or expensive. Let CoreCard help find a better processing solution.
   
   
 
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Processing Manager

 
 
 
 
Processing
 
CHOOSING THE RIGHT PROCESSING MODEL IS NOT ALWAYS AN EASY TASK
Getting into the card business should not be difficult. In a recent report. industry researcher Gartner asserted that there are 3 Delivery Models to choose from to get started in the business. Each model has its own inherent strengths and weaknesses, as shown below:
 
Delivery Model Strengths Weaknesses

Licensed

Software

Control of parameterization
Faster-time-to-market with
  new products
Data control
Lower total cost of ownership
Higher capital expense
Updates/upgrades challenging
Higher burden of operations
Third Party Card Processing
Lower capital expenses
Managing regulatory change,
  card network mandates
Frees resources to focus on
  strategic IT, differentiating
  processes
Platform enhancements
  Customization barriers
Lack of control
Multiyear projected accounts
  pricing model
APaaS
Customization and
segregation of systems
Control
Delivery model flexibility.
System management relief
  (through rolling versioning)
Emerging technology and not
  yet proved
Lack of industry-specific
  vendor solutions
Source Gartner (December 2008)

 

At CoreCard Software we believe that there is a way to balance the options in a cost effective way that still delivers results. The staff at CoreCard will work closely to evaluate a company’s card product offering and put together a package designed to get them quickly into the card business. For some customers that means they start out with CoreCard handling the processing for them, with an option to license the CoreCard software and bring the processing in-house at a later date.


PROCESSING MADE SIMPLE

By working with our customers we can rapidly configure our products to meet their “go live” needs. An environment is set up in our processing center just for you where you are able to configure the card products and programs they want to offer.
 
When and if a customer is ready to bring the system in-house, CoreCard works with them to craft a transition plan to meet their needs and timeline.  The steps in the process are determined by the functions being brought in-house. CoreCard can, if necessary, host the software in our processing center while their employees assume the processing tasks. Or if they prefer, the system can be transferred to the customer’s data center or a hosting center of their choice.