Technology Overview
Litle & Co. Advantage: Technology – Performance & Reliability
While our customers generally applaud us for our business innovation, technology silently drives this innovation. With every new generation of payment management platform, we take advantage of the most current and robust technology, leveraging best-of-breed financial industry standards in both hardware and software. All of our systems exhibit double-redundant architecture for enhanced reliability. Last quarter (CQ2’05), our system registered service levels of 99.99%.
Our systems are faster and more automated than any other payment solutions. Our customers report that our batch processing system responds up to 50% faster than their previous vendors, processing up to 20,000 authorizations per hour. The average response time for our real-time online authorizations is approximately 1.6 seconds. Our comprehensive database provides you with the historical information you need to perform detailed analyses, and take advantage of trends and opportunities. Our advanced platform offers you less system handholding, less re-keying of data, fewer resends, and better error detection, all of which will lower your costs.
