Issuer Back Office

WL Pay Issuer Back-Office (WL Pay IBO) is a proven card management system that addresses the needs of various types of issuers: incumbent banks, challenger banks and regulated fintechs. It is designed to support the evolving payment card industry standards and respond to the needs of issuers and their end-customers.

Being a critical platform for our card processing business, besides the BPO model, WL Pay IBO is also available as a software license product.

Complementary WL products in software licensing model:

• WL Pay Front-Office
• WL Pay Fraud and Risk Management tools
  
   

Why WLP IBO?

• Built for industrial processing: multi-language, multi-currency, multi-product
• International card scheme compliance (e.g. Visa and MasterCard)
• PCI-DSS compliance
• Credit, debit, charge, prepaid cards, vouchers
• Plastic and virtual cards
• Open Services-Oriented Architecture
• Loosely coupled services for flexible integration within existing environments
• Rich catalogue of web-services and other APIs
• Multi-node distributed clustered architecture at application level as well as database level for High Availability and Scalability
  
   

Key features

• Rules-based configuration through own scripting language
• Card products and Contract Management
• Card Management: technology, personalization data, relationship to customers and accounts, activation, renewal, re-issue
• Customer data management
• Card and Account issuing fees
• Clearing processing and Dispute Management support for International Card Schemes