Features and Benefits

Features

• PrePay Technologies' systems support disposable and re-loadable cards in either a closed loop or open loop environment 
• Fixed or variable denominations of any currency (real or created) 
• Card issuing software tools (batch management, activation, delivery and billing) 
• Real-time authorisation of each transaction 
• Card blocking and negative file checking 
• Support for POS, call centre, IVR, Internet and kiosks 
• Card life and card value can be controlled at individual card and overall scheme level 
• Spend can be limited to certain products/goods (handled in the transaction authorisation) 
• Full customisation of all interfaces (web, IVR, etc...) and back office administration tools 
• Comprehensive reporting suite and management reporting tools (user access controls and audit reporting)

Product Benefits

• Improved operational effciency
• An entirely automated process from inbound receipt of claim information to receipt of insurance replacement cards by claimant 
• Streamlines the claims settlement process 
• Removes cash claim from the settlement process 
• Monitors claimant spending 
• Claim turnaround is significantly improved 
• Card issuing software tools (batch management, activation, delivery and billing) 
• Full customisation of all interfaces (web, IVR, etc...) and back office administration tools 
• Enhanced Security 
• A new and slick alternative to traditional claim fulfilment 
• Secure postage costs are abolished 
• Insurance replacement can be blocked and reissued avoiding the misuse of lost or stolen cards

If you would like to find out more about our comprehensive range of products, please call us at +44 (0) 2070 344 344