Program managers rehabilitated with OLS.Host product

[img_assist|nid=9370|title=|desc=|link=none|align=left|width=71|height=100]The latest solution tailored to the prepaid program management market was recently introduced by Online Strategies, Inc. (OLS), a leading provider of Online Transaction Processing solutions. OLS released its new OLS.Host product offering.

The newly launched platform represents a fully managed transaction processing solution enabling card program managers to become their own processor without the burden of managing a payment switch. With this solution program managers can take control of all aspects of transaction processing and product management with the support of field-proven outsourced technology platform backed by an experienced team of payment industry experts.

"OLS.Host fills a gap in the prepaid space" says Terry Richards, president of OLS. "Program Managers get involved in the business with high hopes of delivering meaningful card solutions to customers while creating a large portfolio of fee generating accounts. Unfortunately, they soon learn that working with large third party processors and service providers make it nearly impossible to control their company's destiny. We are simply putting program managers back in the driver's seat."