Electrum Corporation Overview

Electrum Corporation is a company that specializes in the development and marketing of proprietary electronic payment products and services. Electrum works on behalf of its merchants and their customers to improve their payments process, reduce their payment acceptance costs, increase sales, build brand loyalty, and produce plus sales. Electrum uses existing services in combination with its powerfully flexible processing system to customize solutions for your specific industry and company.

Electrum provides services in three areas:

1) Electrum offers a combination of its own proprietary payment services to merchants that can be merchant branded and include:

• ECheck Preferred is a merchant branded ACH POS debit card that allows merchants to reduce payment acceptance cost, link customer information to purchases and increase sales.  It can also be used to give consumers a small credit and have the consumer debited up to one month later.
• ECheck Debit is a prepaid ATM or VISA branded Debit card that can be loaded in a variety of ways and can be used by unbanked customers or employees to make purchases at any merchant who accepts these cards or to withdraw funds at any ATM machine
• ECard is a direct bill automation service used to consolidate and automate business-to-business direct bill payments.
• Loyalty Programs can be tied to any of these services and include points program, sweepstakes drawings and special promotions.

2) Electrum has an OLTP platform with incredible power and flexibility that it customizes for customers with specific payment processing needs where an off-the-shelf solution will not work. It operates on a rules based processing platform that provides the ability to customize solutions for unique and complex payments requirements in a very timely fashion.

3) Electrum offers professional services for customers who have particularly complex payments and loyalty challenges and need assistance in determining a solution. The principals’ years of experience in and knowledge of the payments industry combined with Electrum’s technical flexibility provide a powerful resource for certain customers.
Look for solutions in your particular industry and find out how Electrum combines existing services with a powerful ability to customize and implement the right service at the right time for your business.