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POS Processing Services |
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POS Processing Services is an end-to-end service offered by Prizm Payments that will allow rapid deployment of a POS acceptance network for an institution. Most banks that have a nation-wide presence obtain referrals from their branch managers to provide POS devices for their merchants who also have banking accounts with them. They are unable to provide this service, either due to technology or due to operations lacunae and hence Prizm Payments can offer a one-stop shop service which will include:
- Documentary support and assistance from Merchant for account opening
- Integration of POS device into merchant location, if necessary
- Training
- Settlement, reconciliation and back office operations
- Network set up
- After sales service and support
- Loyalty and merchandizing support
The merchant risk in this service remains with the bank and Prizm Payments will provide your institution MIS and reports that will assist you in merchant profitability and fraud management.
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