Page 50 - GS181002

NewProducts

• Turn-key solution: ISOs and acquirers can
Company: Aliaswire manage and automate funds settlement between a
Product: PayVus merchant's PayVus credit card and bank account.
Website: www.aliaswire.com The platform will also automatically manage card
Contact: info@aliaswire.com issuing, funds settlement, residual payments and
distribution of savings to each merchant.

• Processor-agnostic: PayVus works with any
payment processing system and acquirer. Funds
Small business are distributed post-settlement, with no impact to
daily transaction processing.
settlement-to-card • White label, cobranding options: ISOs and
acquirers can brand PayVus web portals and small
platform business credit cards, increasing their visibility
and brand awareness in the merchant community.

• Enhanced reporting tools: The platform provides
liaswire recently launched PayVus, an detailed transaction data and revenue share
advanced technology platform designed to reporting.
help small and midsize business owners
A reduce costs, obtain financing, manage cash • Comprehensive support: PayVus provides
program management and support throughout
flow and increase sales. In addition to providing access to the life of the program.
working capital, the solution supports a range of business
management functions within a single platform. A secure Benefits for payment card issuers
dashboard provides participating merchants with a real-
time, consolidated view of accounts receivables, accounts Issuers can benefit by combining small business card
payables, transaction processing and lines of credit activi- issuing and merchant acquiring within a single platform,
ties, company representatives stated. Aliaswire representatives noted. In addition to deriving
increased interchange revenue, they can expand their
"Payment card acceptance and access to capital are critical portfolios of small business card product offerings. The
requirements for today's business owners," stated Scott PayVus platform's flexible design and easy integration
Goldthwaite, chief operating officer at Aliaswire. "The options enable issuers to implement it according to their
PayVus card issuing and processing platform provides individual small business acquisition strategies.
reduced rates and a small business line of credit."
"We're seeing interesting behaviors," Goldthwaite said.
Enrolled PayVus merchants receive a commercial credit "For many merchants, their merchant acquirers have
card, Goldthwaite stated. While processing payment become their card issuers and the bank for their deposits.
card transactions, PayVus will split-settle daily batches This makes PayVus a great product fit and opportunity for
between a merchant's credit card and regular bank emerging markets."
account. Deposited funds are posted as credit balances
on the credit card account and become available for the Goldthwaite said the PayVus platform can be implemented
merchant's immediate use, he noted. to support multiple types of card issuing and acquiring
programs, including the following:
Benefits for acquirers, ISOs
• Dynamic line of credit: Establish a secured credit
Aliaswire stated that PayVus maintains a complete record card backed by merchant's receivables from credit
of funds settlement and revenue share. Participating ISOs card processing.
receive residuals for all funds deposited to a merchant's
PayVus card. At their discretion, acquirers can use these • Business management solution: Provide small
residuals to offset or reduce a merchant's processing fees. business owners with a fully integrated accounts
The company noted the following additional benefits for receivable, accounts payable and line of credit
ISOs and acquirers: management solution, using the credit card as a
primary transaction account
• Secure, compliant: The PayVus platform is PCI
DSS-compliant and uses the latest, most up-to- • Personal card conversion: Convert the former use
date information security standards. of personal and small business cards, with higher
interest rates, into a cost-effective, professional,
• Optimized user interface: Designed for simplicity small business or commercial card.
and ease-of-use, the platform provides a secure
web portal for viewing real-time settlement and
transaction activity.
50