PTS DIY Business

Stories You May Have Missed in the Payments Industry Wrap-Up

admin — Sat, 29 Jan 2011 02:15:38 +0000

US mobile payments could reach $1 trillion by 2015: exec

Mobile payments will approach $1 trillion by 2015 in the United States if retailers receive lower payment-processing fees based on a more efficient system, according to projections by International Telecom Strategies’ The Luciano Group.

While recent reports predict that mobile payment spending will reach $214 billion in the U.S. by 2015, that figure depends on the services that dominate the market at that time, but the mobile payments revolution is far more significant than just these new tools. Read More

VeriFonePAYware PAYware Mobile
PAYware Mobile for iPhone 4 is now available @BestBuy. Accept mobile credit card payments anywhere. http://verifone.me/fg55mC
The answer to processing credit cards on your iphone securely. Get CPS rates.

Credit Card Processing Interchange Explanation

admin — Fri, 16 Jul 2010 20:02:28 +0000

BlogTalkRadio Share Show Widget

admin — Thu, 25 Mar 2010 23:59:06 +0000

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Questions About Accepting Credit Cards?

admin — Thu, 25 Mar 2010 18:59:08 +0000

Do you have questions about accepting credit cards? If you do , feel free to join Payment Transaction Systems Podcast on blogtalkradio on 4/8/2010 3:00 PM. Call In # is (347) 215-6574. Feel free to join us and share your experiences as well as questions.

Use Your Verfione Credit Card Machine With Your Electronic Cash Register Seamlessly

admin — Tue, 23 Feb 2010 19:42:42 +0000

For the first time ever, small business owners have the opportunity to interface certain verifone Credit Card machines with their Electronic Cash Register.

The Electronic Cash Register interface (ECRi) offers developers the capability to communicate with stand-alone POS devices. Further, as we certify and maintains the compliance of the payment application loaded on the terminal, additional certification is not required.

Features

Transactions may be initiated by the ECR or directly at the POS. Supported transaction types include:
Reprint of receipts,
All reports and settlement must be initiated on the POS device – no ECR initiation is supported
Sale�Sale (may include tip amount in addition to base amount)
Refund
Offline Sale (Force)
Phone Order
Void
Card types supported:
Credit
Debit
Chase Gift Card
Canceling the transaction must be initiated at the POS
The ECRi will not support additional peripheral devices, such as external PIN pads or contactless readers
Receipt is printed from the POS device
VAR is responsible for providing the cable that connects the ECR to the POS

Merchant/VAR Benefits

Enables integrated VAR solution without the time and cost associated with a new Class B certification
Saves merchant time during installation process as the configuration is certified
Minimizes sensitive card information circulating thru system (truncated when passed back to ECR

)

Terminal Types
This application can be deployed with the Verifone Vx 570 and Verifone Vx 510DC terminals