|By Business Wire||
|June 23, 2014 10:30 AM EDT||
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that the functionality of its TranzWare Internet Banking product has been extended to provide the registration of cards issued by other financial institutions (not-on-us cards), and therefore, offering Internet banking users an easier way to manage their money online.
Compass Plus clients that utilise TranzWare Internet Banking now have the opportunity to add not-on-us cards to their Internet banking system, providing their customers with a snapshot of all of their cards in one central place. This new functionality will enable customers to stay on top of their finances as they can view all of their card balances on one screen, regardless of the issuing bank. Customers are also able to make payments from any of their cards, such as utility and P2P payments, as well as transfer funds between all of the cards registered in the system.
Compass Plus has already seen two of its clients take advantage of this new functionality and has a number of further implementations planned.
“We are continuously looking at ways to develop our products and services to offer our clients innovative solutions that help them streamline their customers’ experience,” said Maria Nottingham, Executive Vice President at Compass Plus. “We understand how important it is for consumers to manage their money and this new functionality gives them convenient and quick ways to make payments and transfers therefore enhancing their online banking experience.”
About Compass Plus:
Compass Plus provides comprehensive, integrated and flexible payments and retail banking software that helps payment service providers and financial institutions meet rapidly changing market demands. Its diverse customer base spans retail banks, processing centres, national switches and personalisation centres in dozens of countries across Europe, Asia, Africa, the Middle East, North and South America. With almost 20 years experience, Compass Plus helps build and manage payment systems that generate new revenues and improve profits for its customers.