Intercept Processing enables a Financial Institution the ability to take control of their ATM program. By taking control they have the opportunity to use there ATMs to their fullest potential in maximizing Customer Service and creating the image the Institution wants to portray.
What is Intercept Processing?
By combining Tallyho’s ATM Management Module with Tallyho’s Online Switch an Intercept Processing System is created. With Intercept Processing the Institution takes control and drives the ATMs in-house while maintaining an online connection to an EFT Network to enable their Customers to use foreign ATMs and accept foreign transactions at their ATMs.
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Benefits of Intercept Processing
- By driving the ATMs third party processor fees are avoided for driving the ATMs.
- Local on-us transaction fees are avoided because the Intercept Processing System recognizes them and intercepts them before they are sent to the network.
- All on-us transactions both local and those performed at foreign machines are authorized from last known memo balance and posted on institution’s host.
- Increased revenue from foreign transactions.
- The Institution can individualize their ATM program to fit their market.
- More service offerings at the ATM.
- More independence and freedom of choice by being less dependent on Network and third party processors.
The benefits to Tallyho’s Intercept Processing System also includes the ability to expand into driving POS Terminals, providing ATM and Network services to other Institutions, starting your own EFT Regional Network, the ability to use more than one EFT Network if needed. In other words if you have a special requirement for your Intercept Processing System talk to Tallyho, we can probably help you with it.
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