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Tuesday, September 19, 2017


Break Through Process To Reduce Credit Card Conversion Lead-Time And Expense

JLS Associates and plaNet Consulting Inc. have combined their resources to create a new credit card conversion process that breaks through the boundaries of cost, time and the rigid schedules that our industry has encountered in recent years.

The New Account Conversion Process (NAC) can reduce your conversion expense from the current published third party processor fees making the acquisition of smaller portfolios a viable growth option. This conversion process can normally be completed in 90-120 days and, given some advanced standard preparation, can effectively convert a portfolio in as little as 60 days. But the best news is that an NAC conversion can be scheduled when you need it……free of the restraints of industry and/or processor imposed schedules and freeze periods.

Large or small…credit card, debit card, other lines of credit or merchant portfolios ….your new portfolio can be converted from one processing system to another through a proven concept that combines standard input utilities with our conversion database and years of conversion management experience.

The NAC process progresses through four primary phases:

  • Product and data mapping to document your specifications.
  • Customizing our conversion database to meet your unique requirements.
  • Creating new accounts and updating them with critical cardholder information.
  • Transferring account balances, cycle to date transactions and trailing activity.

JLS Associates and plaNet Consulting Inc. support the conversion from beginning to end so your valuable staff resources can continue to focus on your critical business plan.

We would like the opportunity to further discuss the New Account Conversion Process with you. Please call at your earliest convenience so that you are equipped with this flexible new option for your next acquisition.




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