OLS.Switch Certifies with Electronic Check Acceptance Authorizer

Terry Richards, president of OLS says, “Our clients rely on us to extend and expand OLS.Switch’s capabilities. Check processing is still an important facet of accepting payments at the point of sale. In its tradition fashion, it’s an expensive method of payment due to manual processing costs. It’s also a fraud concern. ECA gives our clients the ability to take major costs out of their check processing processes by leveraging OLS.Switch.”

Mr. Richards adds, “The OLS team has decades of designing, developing, implementing and supporting enterprise-level payment systems. The Net result to our clients is a decreased ‘time-to-market’, commercial-grade performance and relentless production support coverage.”

OLS.Switch is On-Line Strategies' cash and non-cash payment transaction processing engine, built using best-of-breed technologies to implement a unique new design supporting the latest industry standards, regulations, and best practices for payments and settlement processing. OLS.Switch is structured as a standards-based processing engine enhanced by a highly flexible business process flow manager developed with the insights gained from 25 years of operational experience. Today, many organizations are implementing enterprise-class applications on low-cost Intel/AMD-based servers. OLS.Switch fits in with most corporate IT platform strategies. OLS.Switch allows an organization's IT department to use the operating system and database engine of its choice. OLS works with those teams to configure the system to fit their high-availability SLA target.