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Issuing
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Card management of:
Debit cards
Credit cards (charge and revolving)
Private cards
Card management includes:
Automated card applications input in the system
Automated parameter changes (name, address, limits, etc.)
Card reissuing if lost, stolen or damaged
Defining various charges and fees like: for transactions, for cards, for account management, interest rates, penalty fees, etc.
Authorization and transaction management:
On-line/Off-line authorization
Transaction processing which prepares clearing files for the bank issuers to update cardholder accounts
Dispute transaction processing
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