Credit Processing

The Leading Credit Processing Solution

In-Store Retail

CoreCard’s private label credit solution allows retailers to offer market driven payment options to their customers. Our clients see an increase in revenue when enabling our configurable private label credit management solution.

Revolving Credit Cards

CoreCard utilizes direct connect relationships with all the major networks to provide system of record and transaction processing services for your open loop credit card programs. CoreCard has experience converting credit portfolios with historical transactions from other processors. All credit systems are regulatory and Card Act compliant.

Patient Finance

As private sectors of healthcare grow, CoreCard has found that more providers and practices want to offer in-house financing to their patients for services not usually covered by insurance. CoreCard’s easy to use private label credit solution has allowed service providers to offer its patients multiple lines of credit covering different medical services simultaneously.

Flexible Payment Options

Single solution can be used to offer & manage both simple and complex payment plans such as revolving credit, installment credit, same as cash, deferred interest plans and many more. Multiple lines of credit and payment plans can also be assigned to same card account allowing retailers to offer new promotions to its existing customers.

Manage Own or Third Party Portfolios

The solution is both easy to use, feature rich and capable of managing multiple programs at a time making it ideal for both in-house use and processing third party credit portfolios.

Real Time Integration with Interfaces

Real time integration with standard industry service providers (credit bureaus, embossers, collectors etc) and proprietary or other in-house interfaces used for sales, order management, logistics and accounting allows our clients to provide unparalleled customer service.

Same Platform for Credit and Prepaid Gift Cards

Merchant specific prepaid gift cards are very useful tool to attract repeat business. Add gift cards to your portfolio with going to another solution provider.

Service Flexibility

Manage your own programs and leave the processing to CoreCard or work with our experts to implement your in-house licensed software solution. CoreCard also provides a unique option to transition from a processing solution to in-house hosted licensed solution.

Credit Platform Features

New Account Processing (browser or bulk loading, optional bureau interfaces)
Score Based Credit Limit Approval
Statement Messages for Marketing
Adaptive Authorization Controls
Credit Card Issuing, Reissuing, Card Replacement (optional HSM interface)
Transaction Processing (purchases and payments)
Delinquency Management & Chargeoff
Statementing on Multiple Cycles
Backdating Payments, Fees & Interest

Multiple Credit Lines
Multiple Payment Plans
Flexible Reward And Loyalty Program Management
Comprehensive reporting for purchase trends and risk management
Integrated Dispute & Chargeback Management
Integrated Collections module
Champion Challenger Strategy Management
Scalable
Fault Tolerant
Accounts Receivable Billing (revolving and non-revolving)

CoreCREDIT™

Manage every aspect of your programs with state of the art UI from account management to card inventory for embossing.