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Unlimited purses |
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Unlimited business rules |
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Unlimited velocity rules |
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| In addition FLEXFUNDS gives you what you want without the extra fees that are charged by other card providers. It also includes such benefits as:
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Customized benefit plan setup per employer |
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Customized reporting and data exchanges |
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Real-time administrative tools |
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TPA and cardholder customer service support |
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| With FLEXFUNDS, you have no limitations. Our solution gives you unparalleled features like: |
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Customized card options |
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Marketing purse capability, allowing you to pass money-saving opportunities on to benefit holders |
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Quick system integration |
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| All this flexibility allows FSV to offer a solution to meet the needs of the programs you and your clients want to create. The reason the FLEXFUNDS system can offer all these features is simple: it is the only true total solution in the marketplace. This means that FSV is not only the card provider, but also the card processor, and we're listening to you in creating future FlexFunds features. |
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| A number of providers offer benefits card solutions in the industry.
For a fee they send out cards to a benefits holder, while the processing for point-of-sale (POS) transactions is done by an outside company.
The card provider, in some cases, works with the processor to develop rules used to process these transactions.
In this case, the card provider acts as an administrator to the card processor so that if changes need to be made, the provider must coordinate with the processor to set up a development schedule.
This usually results in the loss of time and money for the TPA. |
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| A card processor actually stores the software for processing POS transactions.
In addition, the processor links to the networks, like Visa® and MasterCard®, which receive the information when a cardholder uses his/her card at a point-of-sale location.
Through the links and the software, the processor can process those transaction based on rules set up in that software. |
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| A better solution is one in which a single company administers both the production and distribution of the card,
as well as transaction processing and data delivery – meaning it is a provider and a processor, such as FSV.
This total solution gives us the ability to respond more quickly to the marketplace and the needs of our clients in a more cost effective manner. |
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| With FLEXFUNDS, there is no middleman, allowing FSV to give you what you want, when you need it. |
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