Consorteum Holdings Inc. is a technology systems integrating company in the financial services, payment and transaction processing industries. The company provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sectors companies.
Thanks to the vast experience of the company’s management team, Consorteum has been able to develop a well-thought out strategy to capitalize on the global opportunities within the growing financial services, payment and transaction marketplace. The company recognized a requirement within these industries to provide right source solutions to companies looking to maximize their business potential. The current economic slowdown has all companies even more focused on the bottom line and finding the most-efficient solutions to help them run their businesses.
Consorteum helps their clients by offering a long-term strategic plan that is tailored specifically to the individual client – a right source solution. The company’s expertise in the industry allows them to supply the right technologically advanced solution from a number of global technology partners to enhance their clients’ existing payment and transaction system and therefore improve the customer’s overall efficiency and productivity.
The company has identified eight key markets in which to target their services. These markets are: payroll cards, check cashing, loyalty and rewards programs, stored value and gift cards, consumer rebate programs, merchant discount rates, patient cards for the health and wellness industry, and the over 130 million people in North America who have little or no banking relationship – the unbanked/underbanked.
In these target markets, Consorteum will provide their clients either turnkey or customizable programs based on each clients’ individual needs. Consorteum’s unique technology solutions will give the company’s clients the ability to handle most types of electronic cards, depending on the clients’ needs. These electronic cards include: payroll cards, re-loadable prepaid cards, government benefit cards, rebate cards, loyalty cards, merchant discount, and non re-loadable gift cards.
Consorteum’s business model aims to generate revenues on every transaction the company touches and create repetitive transactions, thus developing long-term sustainable income. The company’s goal is also to have their customers think of them more as partners, rather than just technology providers, which will lead to a more long-lasting profitable relationship.
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