Johannesburg, 29 Oct 2012
Xpertek Group, well known for its loan finance solution, Acquire, is proud to announce the launch of its newly developed credit card processing solution.
The solution, developed locally by Xpertek's own team, moves Xpertek into an exciting, high-volume transactional processing business. The solution can be deployed for general purposes, private label or co-branded cards.
The technology caters for the entire credit life cycle, including account origination, credit decision management, account management, customer servicing and collection management.
Other features to highlight are:
* Debit order management and in-store account payment
* Flexible parameterised account billing
* Transaction switching
* Over-limit management
* Integration into existing financial reporting and management systems; and
* Merchant management.
Xpertek's CEO, Barry Leonard, says: "I am extremely proud of our team as they have built a robust, flexible, scalable and functionally rich solution in an extremely short period of time. The release of our card technology allows our existing lending clients the ability to offer card-based products and it also offers the existing card market a competitive choice where previously the options for technology were fairly limited."
Xpertek's loan finance solution, Acquire, manages in excess of R5.8 billion worth of loans across its client base, is Web-based, and is offered as a centralised, hosted or mobile solution. Xpertek's loan finance clients include lenders in the vehicle finance, home loan and asset finance/rental market.
For further information about Xpertek's solutions and services, kindly contact Barry Leonard, CEO of Xpertek, on (011) 519 3000, or log on at www.xpertek.co.za.
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