Intecard segregated fund management
Intecard provide the opportunity for member organisations to take advantage of our Segregated fund management system.
This separation of funds into segregated accounts for each path of distribution helps to protect the security of the transaction for both the vendor and the buyer; by keeping company funds and clients' funds separate from those of partners and sales agents with the oversight of a trusted third party, all parts of the transaction are safeguarded against fraud and company failure.
In 2005, Intecard was able to safeguard the funds of thousands of online service providers when a large credit card clearing company failed. By stepping in to segregate and safeguard the funds from online transactions, Intecard saved millions of dollars from being lost. |