Payment Protection
NOTE: IF YOU ARE A MEMBER OR
PROSPECT LOOKING FOR MORE
INFORMATION ON
THE EXISITNG
TRADECARD PAYMENT PROTECTION
SERVICES CLICK
HERE.
Not
only can financial institutions gain access to TradeCard members , but the TradeCard
Platform provides real-time visibility into each transaction's status, thereby
allowing you to perform risk assessments with confidence.
Providing services
on the TradeCard Platform is easy. At registration, a buyer applies for a credit
line with you. TradeCard will forward all appropriate applications and financial
information for your review.
On a transactional basis, the buyer decides
whether payment protection will be made available to the seller. If enabled for
a given transaction, the seller can then elect payment protection for that transaction,
provided that the buyer has not exceeded its credit line.
During the lifecycle
of each transaction, you will have visibility into the status of the transaction
between buyer and seller.
If discrepancies arise between the buyer and seller
with respect to a transaction, the patented TradeCard compliance engine will automatically
detect them, and provide both parties with online discrepancy resolution tools
- providing for quick discrepancy resolution, and eliminating unnecessary conflict
between trading partners.
The following payment protection companies are
already part of the TradeCard Integrated Services Program.
Additional information:
To become part of the TradeCard Integrated Services Program call TradeCard
at 212-405-1800 and ask to speak to the General Counsel.
