real-time credits

merchants


The fastest way to return funds back onto your customers' cards.

By offering Real-Time Credits you will have a significant advantage over your competitors by meeting the growing customer demand for immediacy in returning money back to their debit card.

The service is particularly relevant but not restricted to:

  • Any retailer needing to make refunds

  • Insurance companies for successful claim payments

  • Service providers e.g. TV services, phone and internet providers

  • Gaming companies

  • Foreign Exchange companies

  • Utility providers

  • Any transport service needing to make refunds.

features and benefits

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Managed service with agreed service levels

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Single interface for merchants to send credit requests to be fulfilled by participating UK banks

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Supports multiple web interfaces to integrate your system with Vocalink

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Increase competitive advantage and creates repeat purchases at speed

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Build trust with your customers

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Competitive transactional pricing

Real-time credits flow

Real-Time Credits leverages existing card transaction functionality to refund an account and removes any manual processing requirements. By removing parties from the value chain it allows for real-time repatriation of funds.