BSG Clearing Solutions Announces Credit Card Processing; Service Offers Communication Service Providers Fully-Managed, Integrated, and Seamless Processing of Credit Card Transactions.CHICAGO -- BSG BSG Battlestar Galactica BSG Broadband Stakeholder Group (UK) BSG British Society of Gastroenterology (London, UK) BSG Business Systems Group BSG Business Solutions Group BSG Basigin Clearing Solutions (LSE LSE - Language Sensitive Editor :BILL), a global provider of clearing and settlement, payment services, and financial risk management solutions for communications service providers today announced the immediate availability of its credit card processing solution in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The service provides secure credit card processing for all major credit card associations and adds a comprehensive analytic fraud service for transaction risk management. "We're pleased to extend our suite of payment options with the introduction of credit card processing to our customers," said Patrick Haynes III, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BSG Clearing Solutions. "Our offering further expands BSG Clearing Solutions' reach and capabilities as a trusted and reliable billing solutions provider, making service and bundling easier, enhancing revenue opportunities and improving cash flow." BSG Clearing Solutions began successful merchant implementations and processing of consumer credit cards approximately six months ago, and currently supports merchants in the telecom and ecommerce industries. BSG's processing portfolio now includes LEC (1) (LAN Emulation Client) A software driver that provides LAN emulation (LANE) in an ATM network. It resides in an ATM end station or in a computer system that provides the LAN to ATM conversion, often known as a LAN access device. See LANE. invoicing, mobile roaming clearing, direct billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test , revenue recovery and credit card processing. BSG Clearing Solutions credit card processing incorporates: --Fully Integrated Risk Management and Analytic Fraud Services: Flexible fraud detection technology provides transaction risk management with screening tools for velocity checks, geo-location, rule weighting, risk scoring, and more. This integrated real-time risk management platform is further enhanced by a BSG Clearing Solutions proprietary database made up of 15 years of historical LEC billing A form of billing for internet based or other usually electronic services where the user is charged through his account with the local telephone company (also known as the Local Exchange Carrier), rather than directly from the provider of the service. data. The integration of this data and technology has created a one-of-a-kind risk management solution that will allow service providers to increase collectables and improve cash flow. --Comprehensive WebTrack Reporting Tool: Complete accounting and administration in a flexible, easy-to-use, secure application over the Internet. WebTrack simplifies administration settlement by providing the ability to view specific data on a daily basis and to print customer activity reports on a provider-by-provider basis. --Customizable Recurring Billing Application: Management of individual consumer accounts through a variety of subscription and installment options. Service providers can offer their customers flexible payment schedules and automate transactions on a weekly, bi-weekly, monthly, bi-monthly, quarterly, twice-yearly, or yearly basis. --Dedicated Customer Service Support: A single point of contact at BSG Clearing Solutions is assigned to each service provider customer. --Enhanced Bundled Offerings: Fully integrated and scalable solutions allow service providers to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the inherent cost-effectiveness and revenue-enhancing billing solutions that are available through using a single source solution. About BSG Clearing Solutions BSG Clearing Solutions is a leading global provider of clearing and settlement, payment services, and financial risk management solutions for communications service providers. The company processes over 15 billion transactions annually for 570 of the world's largest communications companies throughout North America, Europe and Asia. With a ubiquitous, scalable platform and an extensive portfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, and broadband networks  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. , BSG monetizes network transactions by facilitating the financial exchange of its customers' services. BSG meets the needs of today's complex network interconnections and anticipates the requirements of converging technologies, allowing for rapid and reliable deployment. BSG Clearing Solutions is an operating subsidiary of Billing Services Group Limited, which is publicly traded on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (AIM) under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BILL. For more information, visit www.bsgclearing.com. All company or product names are trademarks and/or registered trademarks. |
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