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IPM / Base II Module is designed to manage the processing of the Exceptional Transactions. The Module supports processing of Retrieval Requests, Chargebacks, Fraud Reporting and Second Presentments from Issuing and Acquiring Prospective.
Key Features
- Supports complete Chargeback cycle for Visa & MasterCard from Issuer and Acquirer
- All sub-transactions supported (Copy request, Charge backs, Reversals, Second Presentments…)
- Inquiry / Reports of all transactions received and sent at all stages of dispute
- Chargeback Life Cycle Tracking
- Generation of Settlement Voucher
- Fee Collection and Fund Disbursement Processing
- Generation of MasterCard, Visa Exhibits and Letters
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