POS  | ATM / Kiosks  | Issuers

Issuers

Issuers receive in-bound settlement files from the Associations (Visa/MasterCard), and process cardholder statements, online account access, risk analysis, and exception processing.

Issuers' in-house IT groups need to implement back-end processing changes (general ledger and chargebacks), while concurrently supporting changes coming from the Visa/MasterCard Association's settlement process.

The next big change is moving to EMV-based transactions. This has an impact on the settlement process within the issuing and acquiring institutions as well as the new application process requred to interact with an EMV-based CHIP card in an EMV payment transaction. The Issuing Host development group can now activate their Lexcel TestSystem ATM or POS applications and initiate fully compliant EMV transactions on-demand from their desktop.

Issuers rely on Lexcel TestSystem Settlement to help them manage and control their development processes. Lexcel's non-invasive, on-demand solutions for creating production-like processing environments, benchmark files and all transaction types supported, enables our clients to bring their products to market faster and more efficiently, saving valuable time and money.

By utilizing Lexcel TestSystem applications, developers complete their work 30% faster, with less errors. Files are generated in hours vs. days (or longer), and are available 365x24x7 at their desktop PC.

QA productivity increased by 50%. More testing completed -- and more thoroughly. In fact, automated script processing (benchmark files of 2 million transactions are not uncommon) allows QA to move to 100% testing of all changes vs. focusing only on the larger projects before they are sent to UAT.

UAT for a new release reduced from an average of 40 hours to 2 hours, with full logging of results, parsing of data, and notification of errors.

The Systems Integration group use the scripts and files created by UAT to complete their system acceptance with all runs documented and locked down for later audit. Integration testing completed in days, instead of weeks.

Lexcel can bring significant value to your organization if part or all of your business involves electronic transactions originating in one location and being processed in another.