TSYS today announced that National Commercial Bank Jamaica Limited, Jamaica’s largest financial services provider, has upgraded to the latest version of TSYS’ card issuing and merchant management solution — PRIME 4. 

A TSYS client since 1998, NCB Jamaica deploys the PRIME solution to manage its growing card portfolios. Drawing on PRIME’s flexibility, ease of use, and backed by its renowned speed-to-market capabilities, NCB Jamaica has introduced a number of successful card product offerings ─ including, credit, debit, prepaid and private label card programmes — on a single PRIME implementation. 

With PRIME 4, NCB Jamaica will leverage enhanced integrated workflow-driven dispute and chargeback handling, real-time fraud monitoring, collections, instalment and advanced behavioural analytics capabilities. In addition, the bank plans to extend its market offering to include issuing and acquiring support for EMV and contactless cards, MasterCard MCHIP and Paypass, Visa VSDC and PayWave, along with extended acquiring support for AMEX and UnionPay International payment schemes. 

“National Commercial Bank Jamaica Limited chose PRIME 4 for the advances in efficiency and flexibility, as well as the potential value-added services that it enables us to offer to our customers,” said Septimus Blake, senior general manager of Payment Services at NCB Jamaica. 

PRIME 4 provides support for multi-payment schemes, multi-product issuing and multi-channel acquiring as a single-platform payments processing solution. Drawing from 25 years of licensing best practices, and built with a unique integration layer to enable payment innovation, PRIME 4 provides scalable processing and rich licensable functionality with hosted value-added services to bring security and a broad set of payment choices to its clients and their customers. 

“This announcement reaffirms NCB Jamaica’s commitment to TSYS and our enhanced PRIME 4 platform,” said Jaffar Agha-Jaffar, managing director of PRIME Licensing, TSYS International. “TSYS and PRIME 4 are a winning solution for partner financial institutions and demonstrate our contribution to the enhancement of the financial services offering in this region.”