Payment Solution

We have successfully completed Islami Bank Bangladesh Limited’s immediate implementation requirement’s in point below:

• Transaction authorization and switching
• Transaction routing
• Stand-in Authorization
• Fraud Monitoring solution – Issuing and Acquiring Restrictions and Detections
• Online Fees and Limits
• ATM Management and Monitoring
• Electronic Journal pulls from ATM
• POS and IVR Acquiring
• Merchant Management for POS acquiring
• EMV Support on Acquiring
• Card Management
  • Issuance of Credit / Debit and Prepaid Cards
  • Card Fees / Limits configuration
  • Instant Card Issuance, where the bank will print cardholder for a customer on the spot (Personalization) is not part of this scope as This will require embosser at the branch.
• Chargebacks
• Settlements
• Multi-Currency support for card issuance (cards will be issued in BDT and USD)
• Reconciliation reports (3-way Reconciliation)
• Card Production
  • Data Preparation
  • Embossing file Generation
  • Sending embossing files and data to personalization environment
• Card base loyalty program
  • Loyalty points calculation for card
  • Creating loyalty point file and send to third parties for point redemptions
• Payment Gateway
  • E-Commerce Transaction Acquiring
• Interfaces
  • Payment Networks – VISA, MasterCard, and NPSB
  • Core Banking System
  • Internet Banking system
  • Mobile Banking system
  • IVR System – Cisco
  • HSM
  • SMS and Email Gateway systems
  • Card personalization and Embossing Environment
  • Biometric Authentication