CorServ empowers fintechs and card issuers to enhance user experiences with valuable tools like Dynamic Authorization Rules, which offer a flexible, infrastructure-free way to manage transaction decisions in real time, supporting prepaid, debit, and credit card programs through seamless API integration.
Card programs traditionally face limitations in adjusting authorization rules on the fly. As an issuer processor, we eliminate these constraints with Dynamic Authorization Rules, allowing you to implement custom authorization rules easily.
With Dynamic Authorization Rules, you can tailor fraud prevention and card access features to your specific needs. Rules can be configured at multiple levels—program, company, account, or card—providing the adaptability to address unique requirements across prepaid, debit, or credit card offerings.
Key Features of Dynamic Authorization Rules
1. Layered Rules – Define detailed authorization logic based on attributes like:
- Amount Limits: Set maximum transaction amounts to support budgeting.
- Authorization Count Limits: Limit transactions per day or set period.
- Merchant Category Controls: Block categories such as gambling or alcohol.
- Merchant Identifier Limits: Allow or block specific merchants for security.
2. Spend Velocity Controls – Manage transaction volume or spending within defined timeframes (daily, weekly, monthly) to reduce fraud. For example, limit transactions to three per day or cap weekly spending across prepaid, debit, and credit cards.
3. Card Access Controls for Enhanced User Experiences – Offer customized experiences with access controls like:
- Geographic Restrictions: Limit transactions to approved regions.
- Country Controls: Restrict high-risk countries.
- PAN Entry Mode Limits: Control card-not-present transactions.
- Card Lock/Unlock: Temporarily disable a card for security.
- Real-Time Notifications: Provide alerts for each transaction.
- ATM Withdrawal Controls: Limit cash withdrawals as needed.
- Online Payment Restrictions: Restrict online payments for specific use cases, like fuel or employee expenses.
4. Multi-Level Flexibility – Dynamic Authorization Rules can be applied at multiple levels, enabling targeted control across prepaid, debit, and credit card programs:
- Program Level: Set universal rules for all cards in a program.
- Company Level: Apply custom rules for specific companies or clients.
- Account Level: Define rules for individual accounts within a company.
- Card Level: Create tailored rules for individual cardholders.
This multi-level flexibility ensures that our issuer processing solution can support both broad and highly specific authorization requirements, adapting to your program’s unique needs.
Real-Time Cooperative Authorization for Custom Decisioning
Our Dynamic Authorization Rules also support Cooperative Authorization, letting fintech program owners participate in real-time authorization decisions. The steps in such an integration include:
- Transaction Initiation: A cardholder makes a purchase, and the request is sent to CorServ for authorization.
- Authorization Rules: Our system evaluates the authorization request against rules set on our platform for that card/account/company/product.
- External Logic for Additional Approval: If the transaction is not denied in the previous step, the request goes to the client’s system for additional logic evaluation.
- Client Decision Response: The client returns an approval or denial based on unique criteria maintained on client system.
- Final Response: CorServ sends the final response to the merchant via the payment network.
This approach allows our clients to integrate specific data points for a truly customized decision process in real time.
Practical Uses for Dynamic Authorization Rules
Our Dynamic Authorization Rules support a wide range of applications across prepaid, debit, and credit card programs:
- Employee Expense Management: Limit spending by category, location, and amount.
- Parental Controls for Prepaid Cards: Set spending limits to help children use prepaid cards responsibly.
- Subscription-Based Services: Restrict spending to approved merchants with monthly caps.
- Freelancer & Gig Worker Payments: Control ATM withdrawals or restrict transactions to specific hours.
Drive Growth with Dynamic Authorization Rules
As an issuer processor, CorServ provides extensive capabilities for precise control over transactions. Our Dynamic Authorization Rules offer a flexible, infrastructure-free approach that allows you to focus on growth and innovation.
Whether you’re managing a corporate program or a consumer-facing card offering, our Dynamic Authorization Rules give your card program the adaptability and security to thrive in a fast-changing financial landscape. You can respond implement new requirements, apply custom authorization logic easily, and maintain strong fraud protection for prepaid, debit, and credit card offerings.
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