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SaaS Hosting Service Payment Solution

OLS.Host - SaaS Payment Processing Solution

OLS.Host is our newest managed services payment processing solution offering. Our managed service payment solution model closely resembles those offered for conventional business applications in a Software as a Service (Saas) or Application Service Provider (ASP) environment. In the OLS.Host model, one key facet is it's your solution, doing what you want when you want it. While we manage and support it so you can focus on business issues ratherthan technical ones.

You can use OLS.Host to (a) replace your current switch or processor with a managed services solution you control; (b) work in conjunction with your current switch or provider; (c) add a new payment type or service; or (d) transition from one payment solution to another.

Whether your current payment solution is "in-house", "in-sourced" or "outsourced", OLS can devise a risk-mitigated migration plan so you can quickly implement OLS.Host to replace, or co-exist with, your current payment solution. With OLS.Host, you can add new services quickly without disrupting your current payment solution. And, you can begin reducing your cost per transaction sooner rather than later, resulting in a rapid "mean-time to payback" on your investment.

Why did we decide to introduce a managed service hosting product to the market? (click on the red arrow to see the answer)

Payment system users were looking for alternatives to their current payment solutions to more cost effectively meet their current and future payments processing needs.

Payments systems users told us they were fed up with the outages, poor customer service and lack of response they received from their vendors and providers when addressing their changing requirements.

Our clients and the many organizations we interface with repeatedly communicated the need for changes to their payments processing environment such as new devices, message formats, network interfaces or industry mandates to be implemented quickly and easily.

We were told by many customers and prospects that the payments process, while not a core business process, was a mission-critical process.

We have a robust, intuitive payment systems engine that addresses most organizations' payments processing needs and could drive a hosting environment for payments processing.

We realized we could offer our OLS.Switch product as a Software as a Service (SaaS) payment processing solution that combined the benefits of OLS.Switch with the advantages of an outsourced implementation.

We realized OLS.Host would provide an excellent alternative solution for the mission-critical payments processing needs of large, medium and small organizations regardless of their current payment solution.

For an overview of the features and benefits of OLS.Host, click here.

If you currently outsource your payments processing, you ought to be asking yourself thse questions.

Has your 'cost per transaction' gone up or down over time?

Do you have control over your payment solution needs? Do you have any say about when scheduled downtime happens?

Have you calculated the costs of outages and poor response time and their impact? A a 15-minute outage can cost a nationwide retailer over $100K in lost transactions, increased labor costs (for issue follow-up), missed fraud, and damaged goodwill.

When you implement new marketing initiatives, does your provider work on your schedule or theirs? Are the changes and improvements cost-effective or cost-prohibitive? How do vendor-dictated lead times impact the ROI and success of new product and service rollouts?

With outsourcing organizations continuing to merge and grow in size, do you feel like you are becoming an ever smaller fish in an increasingly larger pond? Conversely, when multiple owners decide to divide up the business, how does that affect you? Do you get a choice of who is going to process your transactions?

Are you aware of new developments in the payment systems world that can greatly reduce your total cost of ownership ('TCO')?

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