Manage Merchant Network
Define, Configure, On-board retail and online merchants to accept transactions and settle merchant payments seamlessly
Define merchant hierarchy from small merchants to super stores
Categorize merchants based on volumes and business
Apply fixed and variable commissions based on merchant profiles
Automated merchant settlement and posting payments to merchant account
ZealMux will enable banks to manage merchant network supporting online and retail channels. Solution allows banks to monitor merchant portfolio and control their transactions
On-boarding
Apply Workflow based merchant application, risk verification, KYC and documentation
Configuration
Define limits, Fees, Commissions, Payment Cycle and Accounting for merchants
Reconciliation
Match transactions with interchanges and address disputes
Reporting
Track merchant performance and trends to incentivize merchants