The rich loyalty and installment application feature support provides;

• OCEAN Loyalty solution enables banks and retailers to design and manage server-based loyalty program.
• Analyses of customer behaviors, accumulated bonuses and discounts, and delivers rewards based on a flexible business rules setup.  Encourages both cardholder and merchant loyalty and enjoys the returns.

Functionality

• Installment ( installment definition, installment deferral)
• Card Balance Installment
• Bonus calculations for all products (standard, business, corporate)
• Extra bonuses for core bank transactions and transaction volume levels
• Periodic bonus campaigns (extra bonuses for selected merchants for a limited period of time)
• Advance bonuses for commitments to monthly transaction amounts
• Fixed bonuses (first card usage point, card activation point, special days)
• Flexible point redemption (statement, POS usage, catalog gift, flight or transportation ticket)
• Additional bonus campaigns (between selected two dates/times, for selected several days, customized campaigns for customers or customer groups)
• Online campaign messages through the host (Merchant/bank based campaign messages, awards for selected customers, customer or customer group based special messages)

Benefits

• Parametric and flexible infrastructure
• Easy and rapid campaign and point rate definition