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For nearly two decades, OLS has provided strategic, technical and business process consultation, and numerous production support services to medium-and-large enterprises for their mission-critical payment systems. In 2004, OLS released its revolutionary open transaction engine, dubbed OLS.Switch. Since then, the company has optimized this architecture for high-volume enterprise production and added modules for extraction, reporting and settlement, along with the application suites to the right.

The capabilities we provide our customers can’t be rigidly labeled into specific product definitions. Every client is different, with widely varying requirements and visions. It is quite common that a given client will use a portion of services products or services, crafted together into a single solution, residing on an open, transaction platform – OLS.Switch.

The overriding value of the OLS transaction engine is its ability to host numerous value-added applications simultaneously. The integration of electronic payments, whether initiated in-store, online, or from a mobile device, coupled with extensive consumer loyalty (e.g., rewards and purchase incentives) can result in a significant competitive advantage. For every business it supports, OLS provides strategic benefits and improved customer satisfaction, along with measurable financial and operational improvements.

In August 2012 OLS became a wholly-owned subsidiary of InComm, the world leader in prepaid card and related transaction processing technologies. While OLS continues to operate autonomously in the payment transaction market, it can leverage the experience and resources of InComm, and other InComm subsidiaries, as needed.

OLS supports both issuer and acquirer payment systems including some of the nation's largest automated teller machine (ATM), point-of-sale (POS), and third-party pharmacy networks. Customers have entrusted OLS with the care, custody, and control of these highly complex, mission-critical systems that collectively process billions of cash and non-cash transactions annually.

The capabilities we provide our customers can’t be rigidly labeled into specific product definitions. Every client is different, with widely varying requirements and visions. It is quite common that a given client will use a portion of services products or services, crafted together into a single solution, residing on an open, transaction platform – OLS.Switch.

• Entertainment
• Financial Services
• Transportation / Transit
• Energy
• Education
• Insurance
• State and local government