GCX

• Solution Overview
• Multicurrency solutions - DCC
• Multicurrency solutions - CCP

Solution Overview

GCX offers a combination of software and professional services to its merchant client base that facilitates:

• Recuperation of currency conversion fees otherwise captured and retained by the credit card schemes
• Generation of ancillary cost savings through payment chain optimisation
• Containment of foreign exchange risk and exposure
• Full payment audit trail and reconciliation at individual transaction level
• Comprehensive online real-time reporting for cash management, revenue accounting, treasury, and sales and marketing functions

GCX is committed to continuous development of its core platform MC4 ('MC' denotes 'multicurrency', '4' is the fourth iteration of the platform). This development is entirely client centric as the key contributors to product development are its clients.

The MC4 Platform

MC4 has two key components: the Transaction Gateway that provides real-time DCC and MCP information, by determining the foreign exchange attributes of a card transaction requested by a client; and the MC4 platform itself. MC4 is the back office transaction processing application that accepts multi-format card transactions, determines the foreign exchange attributes, and publishes those transactions to the appropriate acquiring bank, whilst providing a high level of security, transaction tracking, reporting and other value added services.

The MC4 back office application accepts proprietary card transaction information from the client, maintains the data in a generic card transaction format, and converts the data into a proprietary format acceptable by the client's acquiring bank.

GCX works hand-in-hand with your acquiring bank(s), your payment service provider, and any other third parties (including GDSs and fraud management providers) to deliver superlative payment management solutions coupled with premium customer service.

GCX provides its client base with the option of fully integrated DCC or for those that prefer a multicurrency solution, a proprietary evolved multicurrency solution we call CCP (Cardholder Currency Pricing).