Credit Card Settlements & Multiple Payment

Gateways- Metras Approach

August 16, 2013 (08:30 09:10 AM)
PRESENTED BY

Agenda

Pavan K Vallabhaneni

Paper or Plastic?

pvallabh@astcorporation.com

Why Credit Cards?

Credit Card Integration

Santhosh Kumar Kotrappa

Payment Models

skotrappa@astcorporation.com
Reconciliation
Metra Example
Questions and Answers

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Paper or Plastic?
Paper

Plastic

Paper or Plastic?
Paper

Plastic

Why Credit Cards?

Convenient mode of payment

Secure payment mode for merchants
Fraud Protection
Enhanced product warranties/insurance
Short term loan
Rewards

Credit Card Integration

Pre integrated EBS Applications

iStore
iReceivables
Oracle Student System
Order Management

Credit Card Integration

Non EBS Sales Channels

E-Commerce sites
Retail Stores
Vending Machines
Mail Order

Credit Card Processing

Authorization

Verifies whether the customer's account is valid

and sufficient funds are available to cover the transaction's
cost. At this step, the funds are "held" and deducted from
the customer's credit limit.

Settlement

The funds will be transferred from customer credit

card bank account to the merchants bank account.

How it works

Payment Models
Auth & Settle in EBS
Auth External & Settle in EBS
Auth & Settle External

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Auth & Settle in EBS

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Auth External & Settle in EBS

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Auth External & Settle in EBS...

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Funds Capture>Concurrent Programs

Automatic Receipts Creation
Automatic Remittances Creation
Create Settlement Batches

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Auth & Settle External

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Auth & Settle External

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Bank Reconciliation

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Metra Overview

Serves Chicago metropolitan area

241 Stations,11 Rail Lines
300k weekday rides
82.7 Million yearly rides
ORPOS implementation
Applications Implemented

Accounts Receivables
Order Management
Advanced Pricing
Inventory
Cash Management
Shipping Execution
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Metra Overview

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Metra Overview
Oracle EBS

Sales
Channels
Point of Sale

Order
Management

Receivables

Ticket By Mail

Sales Order

Invoices

Ticket by
Internet
g

Cash
Management

Load
Statement
Prepayments

Receipts
Auto
Reconciliation

Ticket Vending
Machines

Fulfillment

Remittances

Fare Media

Group Sales

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Metra Overview
Sales Transactions

POS 13,000 per day (5,000 are CC)

TVM Cash 2,000 per day
TVM Credit 1,300 per day
TBI 250 per day
Fare Media 43,000 per month
TBM 12,000 per month

Credit Card Transactions 6,500 per day

Bank Reconciliation

11 bank accounts

3 for CC, one for each Metra, BNSF and UP

5 for Metra Cash & Checks
1 BNSF Cash & Checks
2 UP Cash & Checks

TBM check reconciliation using Lockbox

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Credit Card Sales Channels

Point of
Sale

Vending
Machine

ACI
ISD

Oracle EBS

Ticket
by
Internet

Link2Gov
Link2Gov

Cyber
Cyber
source
source
Bank
Bank

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Point of Sale
Agent sells tickets to
passengers at counters
The customer can pay by cash,
checks or credit card
Credit card transactions are
settled through a processing
vendor called ACI

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Ticket Vending Machines

More than fifty vending
machines available at different
stations
The customer has the ability
to use cash or credit cards
Credit card transactions are
settled through a payment
processing vendor called
Link2Gov
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Ticket By Internet
Customers order tickets
online
Customers use credit cards
for their purchases
Credit card transactions are
settled through a payment
processing vendor called
Cyber source
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Settlement File Processing

TBI

Read the settlement file using web service

Take advantage of the standard Lockbox process
Custom Program to populate the Lockbox tables
Submit the standard Lockbox process/Validation/Post Quick Cash
Create Remittance Batch for Automatic Reconciliation

POS / TVM

Download the settlement files

Custom Program to process the file
Use Receipt creation API
Create Remittance Batch for Automatic Reconciliation

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Processing Credit Cards

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Questions and Open Discussions

Contact Information

Pavan K Vallabhaneni
Email: pvallabh@astcorporation.com

Santhosh Kotrappa
skotrappa@astcorporation.com

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