Competent, Quality Consulting and Solutions.
Transaction Processing

 Our Clients 



The Barbados
National Debit Switch


 
20,000 debit card transactions daily
 Local switching between six commercial banks 
    and two credit unions
 Regional and internation switching
 Settlement Adjustment Monitoring Tool
    - Web based monitoring
    - Disputed item resolution & settlement


The Barbados Automated
 Clearing House


 Clearing a half million cheques each month
 Cheque data shared between the six
     commercial
banks and the Central Bank 
 Daily inter-bank settlement through RTGS
 Resolution of inter-bank operational issues
 Direct Payment Processing
    - Premiums, repayments & Installments
    - Same day remittance to beneficiaries
    - Payroll allocations
    - Medical insurance reimbursements   

 Electronic Transaction Processing

Almost all business enterprises, especially those in the domains of finance, banking and electronic commerce, rely on transaction processing to deliver their business services (or at least to get paid for delivering them!) and in turn to pay their suppliers.  In today’s business environment electronic transaction processing is a critically important function as consumers are increasingly turning towards this form of payment for improved convenience and safety. Processing systems serving businesses must be built, deployed and maintained for optimal transaction speed and reliability.


 Our Business

Prism Services built and deployed the Barbados National Debit Switch in 1997 and is currently under contract to manage and maintain it.  This, coupled with our contract to manage the Barbados Automated Clearing House, ensures that our ability to efficiently, securely and reliably manage transaction processing is challenged and proven on a daily basis.


 Our Services

Prism can assist your business with any transaction processing project.  Our services range from the provision of front end transaction terminals to back office processing services.  We have a wide range of terminal applications readily available including fleet management, inventory tracking and loyalty management. 

 
To find out how Prism can support you please contact us

Prism Services Incorporated
#6, Belle Plantation
The Belle, St. Michael
Barbados
(246) 435 0892

Prism Services (Trinidad) Limited
Building 3, Fernandes Industrial Centre
Eastern Main Road, Laventille,
Trinidad
(868) 624 4455

Prism Services (Jamaica) Limited
1 1/2 Altamont Crescent,
Kingston 5
Jamaica
(876) 968 9872