As a result, MasterCard is expected to use Intec’s billing, customer management and mediation services for its billing lifecycle management process. Intec’s services are set to provide MasterCard with billing assurance and error management capabilities, as well as with pricing plans for new payment business models.
How it works
Intec’s mediation system is set to collect transaction records and then pass them to the Intec pricing, billing and customer management system to be priced, billed, invoiced and settled across several billing cycles and frequency.
In recent news, MasterCard has made available the Expert Monitoring Compromised Account Service to issuing banks worldwide.
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