The primary task of the clearing system CARDS EXCHANGE is the facilitating of the financial settlement of accounts between the clearing system members This task is carried out under conditions when card holders (travellers) use their cards with various service providers (carriers), i.e. travellers using a smart card issued by one carrier of the clearing system can use the card with other carriers of the system.

The secondary task of the system is to monitor the use of the system environment and prevent any abuse by clearing partners (carriers) or card holders (travellers). This objective is facilitated by a list of blocked (blacklisted) cards on the one side and the monitoring of transactions on the other (in particular the correlation of the card balances).

Other objectives:

  • documentation for other related activities (e.g. complaints, closures)
  • support for reporting to the Czech National Bank
  • optional data collection for government authorities, etc.