The Logic Group - Managed Transaction Services: Outsourced Card Processing

“We chose The Logic Group because its software had a track record of easily handling the large number of credit and debit card transactions that our company deals with. Outsourcing has streamlined our operations allowing us to focus on our core business thereby easily repaying our investment.” - Wanadoo

The Logic Group’s Managed Transaction Services operation provides a complete electronic funds transfer (EFT) solution that performs transaction processing on behalf of customers. The Managed Service provides clients with a fully managed, resilient and cost-effective outsourced service, significantly reducing the need for extensive investment in staff, training and equipment. Rather than having to develop or build new IT infrastructures, retailers can take advantage of both The Logic Group’s existing IT infrastructure and its strong bank relationships to roll out new systems much more quickly and easily.

Clients are provided with a fully managed, resilient and cost-effective outsourced transaction processing service, significantly reducing the need for extensive investment in staff, training and equipment. A range of services are available across the complete spectrum of payment environments, from high-end multi-channel retail systems and unattended payment terminals to large multi-seat call centres and international e-commerce.Managed Transaction Services have been certified as compliant with the new Payment Card Industry Data Security Standard (PCI: DSS) as required by Visa and MasterCard, for point of sale, mail order telephone order (MOTO) and Internet payment processing.

The Managed Service leverages the complete portfolio of industry leading Logic Group technologies, including On-Line authorisation (Solve/SE), settlement (Solve-Payment), fraud management (CNP Solution, including support for anti-fraud initiatives Verified by Visa and MasterCard SecureCode™), risk management, reporting and reconciliation, supported by highly experienced development, support and operational services teams. System performance is closely monitored (Solve-Monitor), 24 hours a day, 365 days a year. Value-added options are now also available for secure IP infrastructure and loyalty services.

Managed Transaction Services Features and Benefits
●	Comprehensive EFT solution, including card authorisation, settlement and fraud management.
●	Enables customers to concentrate on core business, saving time and effort as well as investment in new hardware.
●	Reduces training and staff costs.
●	Cuts customer time-to-market.
●	Leverages expertise from an industry leader with 16 years of experience and specialist expertise in card processing & fraud management.
●	Flexible infrastructure that can be tailored to the most diverse and unique customer requirements.
●	Modular and flexible design allows for easy incorporation of new functionality.
●	Sophisticated financial information reporting provides treasury departments with detailed management information on processing trends and the location & quantity of transactions.
●	Value added options for managed network and loyalty services.
●	24 X 7 system performance monitoring, with sophisticated confirmation and error alerting. This checks for both infrastructure critical errors and unusual transaction patterns.

Related Information
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●	Logic Group scores with Everton FC to provide multi-channel managed service
●	John Lewis profits from outsourced online payment
●	Mannatech Outsources International Card Processing To Logic Group
●	Logic Group kick-starts Payer Authentication
●	Apollo Cinemas Makes Logical Payments Choice
●	Freeserve puts trust in Logic Group

To view the Managed Transaction Services Product Sheet click here..
To view The Logic Group's PCI Compliance Certificate for Managed Transaction Services, click here...