Oracle Revenue Management and Billing for Card Schemes and Payment Processors
Streamline Payment Processing
Enables traditional payment processors, card schemes, merchant acquirers, and disruptors to process a high volume of transactions for all customer segments, regions, and payments schemes on a single payments platform.
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Effective pricing for a customer or account is based on over 50 parameters such as network or card type and searched using 'Best Fit' method.
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Define the product bundle to provide preferential rates to the customer based on product utilization if the products are part of a single bundle.
Benefits
- Pricing, billing, settlement, residuals, and incentives on a single platform
- Pricing standardization and hierarchy
- Flexible pricing capabilities to enable expansion and cross-sell
- Manage merchant AR/AP through a single system
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