Our Solutions
Galileo is the recognized leader in advanced payment processing solutions. Our platform supports the entire spectrum of prepaid products as well as innovative debit and credit solutions. We have a very keen focus on balancing constant innovation and delivering the greatest account holder utility and feature/functionality with a solid platform and operations excellence for our partners. Galileo’s passion to deliver world-class solutions that delight our partners (and their customers/consumers) is part of our culture, at all levels.
Galileo is the recognized leader in advanced payment processing solutions, providing our partners unparalleled competitive advantages including; flexibility, speed to market, scalability, innovation, security, reliability, compliance, customization, and increased profitability. Our next generation platform supports the entire spectrum of prepaid products as well as innovative debit and credit solutions.
Products
Our flexible platform supports the entire spectrum of traditional prepaid products. Some of our products include:
- General Purpose Reloadable (GPR) — personal spending, payroll, teen
- Gift — retail, online, bulk, open and closed loop configurations
- Travel — retail, online
- Reward & Loyalty — incentive, bonus, rebate
- Healthcare — FSA, HSA, HRA
- Debit and Credit — secured, unsecured
Our flexible platform also supports non-traditional “hybrid” products. Some of our newly developed hybrid products include:
- Hybrid Transactional Credit — overdraft, line-of-credit
- Combined cash and credit purse
- Guaranteed consumer access to credit
- Increased issuer deposits and revenue
- Savings Accounts — interest bearing, additional purse
- Item Processing — check writing, image archive and retrieval
Innovative Platform Solutions
Our innovative platform and technology also supports advanced product features and functionality. Some of our innovative product solutions include:
- Mobile Access — access and process a myriad of payments including money transfers and bill payments from a mobile device
- Contactless RFID — a faster and a more convenient way to make purchases
- Rewards & Loyalty — establishes incentives to drive consumer spending
- Virtual Card Accounts — safeguards the account holder’s primary card number when making purchases online or over the phone.
- Integrated Bill-Payment — pay any bill electronically or via a paper check
- Secondary & Companion Cards — supplement a primary account with an additional card(s) that can maintain a separate balance or share the same balance.
- Overdraft — support and protection from making payments without sufficient funds. Overdraft is a feature that provides an attractive alternative to traditional checking accounts.
- Direct Deposit — payroll and government benefits direct deposit to the account
- SMS Text Alerts — real time notification of all account activity and a safeguard for lost/stolen cards
Galileo also provides a suite of solutions that enable payment card issuing banks and payment card program managers to leverage the power of cloud computing while ensuring they meet required levels of security, performance, availability and regulatory compliance.
With Galileo Cloud Processing™, each client has a dedicated virtual environment that is not shared with any other client. Importantly, this means that clients can preserve their intellectual property and program innovation while not being affected by changes to other clients' environments. Clients are now empowered to have control over the timing of when new features and functionality are released into their environment. Leveraging Galileo's extensive library of APIs, clients can develop their own applications and unique functionality in support of their card programs. Please contact our business development team for more information about Galileo Cloud Processing, or click here.
Value Added Services
Galileo offers the advanced technology to deliver a successful, innovative card program for financial institutions and program managers including; transaction card processing and other value-add services including:
- Program management;
- Strategic consulting;
- Identity verification;
- Card management;
- Web development and hosting;
- Customer service;
- Risk management;
- Technical support;
- Creative services;
- Reporting; and
- Campaign management
As part of our program management services, we can offer a turnkey general purpose reloadable product. Our turnkey product offering is named ExtendPlus™ (Extend+™). Please contact our business development department for more information about ExtendPlus (Extend+).
Tools
Galileo continually develops advanced proprietary tools and provides all partners with access to these tools to manage their products, analyze and measure performance, and increase the profitability of their programs. Some of our proprietary tools include:
- Customer Service Tool (CST) — customer service, account maintenance, account enrollment
- Administrative Tool (ADT) — retail sales, add/remove funds, account enrollment, account maintenance
- Partner Reporting System (PRS) — web based reporting system
- Raw Data File (RDF) — extractable data file for account activity
- Galileo Analytics — next generation reporting, business intelligence, custom data queries
- Campaign Manager — campaign management with targeted messaging, multiple delivery channels