authENGIN

The volume of international debit and credit cards continues to grow at a rapid rate fueled by consumer demand and the financial institutions that service their needs. In order to deal with this growth, M2 has developed a fully integrated transaction processing environment called authENGIN. authENGIN was designed from the ground up specifically for financial institutions that issue domestic and international cards and acquire card transactions through merchants at retail locations, on the web or from ATM's.

authENGIN™ has evolved to become a secure, flexible and scalable processing system that is easy to implement with very robust management tools and real time transaction authorization and settlement functionality for credit and debit card transactions.

authENGIN™ is a replacement system for the tired, expensive to maintain, hardware intensive platforms that processing companies have been forced to use for lack of a credible platform alternative. authENGIN was derived from the M2 ENGIN application so it was built by a company that knows high volume transaction processing .

Features and Benefits

Features:

  • Configurable rules and BIN engine
  • Robust KYC and AMML
  • Complete card management (prepaid, stored value, debit and credit)
  • Physical and virtual card support
  • PIN and signature support
  • One interface supports multiple accounts with multiple banks
  • Banked and Unbanked support
  • Linked accounts
  • Non-banked ACH loading
  • SMS/Email alerts
  • Global loading
  • Rules based authorization
  • Multiple balance support
  • Pre-authorization management
  • MCC code restrictions
  • Default MCC amounts
  • Connectivity to most providers for credit/debit acquiring processing
  • Merchant reporting suite for receipts, settlements and service
  • Portfolio reporting for managing portfolios of merchants
  • Off the shelf interfaces for STAR, MasterCard and VISA