Partnering with SCI

Partner with SCI SCI, through its Integrated Electronic Payment System (IEPS), is prepared to deliver the next generation of online payment solutions...

Why SCI?

Why SCI? SCI leads with a visionary approach to bringing technology and 21st century payment methodologies to developing countries.

 
Platform eSimpleCash

SCI's Integrated Electronic Payment System (IEPS) is a quantum leap beyond today's existing banking platform limitations, card payment infrastructures, and online commerce payment challenges that are constrained by the inherent inflexibility of the legacy systems today's current banking infrastructures are based. IEPS' advanced technology creates a seamless transparency with advanced payment applications which offers card programs with virtual, multi-purse account management mechanisms to perform financial transactions to member accounts and card holders.

IEPS is comprehensive, convenient, economical, simple, beneficiary, and automated. The first true, multi-purse payment product that fully integrates a credit/debit card payment platform with banking money movement infrastructures which ultimately

  • Performs standard ATM and POS functions.

  • Allows for online purchases & services.

  • Makes bill payment more convenient and economical.

  • Enables domestic/global money transfers to anyone at any point.

  • Enables personal lending to uplift living standards of participating parties.

SCI's IEPS is the first genuine Point-2-Point electronic debit payment system to be used anywhere at anytime. Our online payment solution is easy to carry, easy to use and easy to protect.

Other Benefits

Risk Management

The management of risk is the highlight of SCIs IEPS system. In addition to system level risk management, the system also provides the means to every possible entity (Consumer, Employer, Merchant, Reseller and Financial Institution) to manage risk at each entity level or delegate that risk management through the hierarchy of entities. The system is also flexible enough to integrate with the regional system to manage risk.

System Level Risk Management
  • External - By implementing the best available encryption algorithms, without compromising the efficiency of the system, SCI makes sure the publicly available communication channels are highly secured so that external fraudsters are kept at bay. This is accomplished by the following.

    • The leveraging of Secure Socket Layer (SSL 128/256 bit encryption) certificates.

    • The enforcement of tight Authentication policies and Controls Authorization rules to access minute level resources.

    • The utilization of Best of Breed Intrusion Detection systems working in concert with multi-level firewalls.

  • Internal - Most frauds are committed or initiated by someone within the organization. With that in mind, SCI has deployed strict policies for data access (physical and/or logical) along with extensive logging capabilities that track the trail of information access and change activities. Intensive system access privileges make it possible to confine a user to the access required to perform specific job tasks.

  • Both - The system is also equipped to deal with Denial of Service Attacks initiated via internal or external means.

Application Level Risk Management
  • Card Processing

    1. Flexible authorization limit management by account and transaction type

    2. CV1 & CV2

    3. Verified By Visa and MasterCard SBA

    4. PIN Verification

    5. Address Verification

    6. Velocity Analysis

    7. Location Analysis

    8. Automated Checks against OFAC List

    9. PRISM

    10. Card/Account Expiration

  • Limits

    1. Daily/Weekly/Monthly Transaction Count and Amount limit

    2. Maximum Balance

    3. Maximum Reload Count and Amount

    4. Maximum ATM withdrawal Amount

    5. Daily/Weekly/Monthly ACH or Wire limits

    6. Merchant Restrictions