July 26th, 2017 by Elma Jane
Check out the wide range of smart wireless terminal connectivity options and know the difference.
Bluetooth Wireless: Designed for reliable Bluetooth connectivity even in the most demanding environments.
Rage – 300ft from base station
Roaming – paired to single base station
Setup – Communicates to base station out of the box
No. Of Devices – 7 Terminals per base station
Security – 16-Digit (128-Bit) PIN authentication and frequency hopping
Accept EMV Chip & PIN, magstripe and NFC/Contactless
WiFi: Designed for reliable WiFi connectivity, Wireless mobility for the point of sale.
Rage – 300ft from base station
Roaming – can roam between multiple access points enabling coverage of very large areas.
Setup – Requires WiFi Setup to connect to the network
No. Of Devices – Unlimited
Security – WiFi Protected Access (WPA)
Accept EMV Chip & PIN, magstripe and NFC/Contactless
3G Wireless: Bring compact, reliable 3G Wireless Technology and mobility to the point of sale.
Rage – unlimited – based on cellular coverage
Roaming – Seamless roaming anywhere there is cellular coverage
Setup – Plug and play with SIM card
No. Of Devices – Unlimited
Security – Certificate based cryptographic transport layer security
Accept EMV Chip & PIN, magstripe and NFC/Contactless
Wireless terminals provide merchants with a number of benefits including:
Mobility – enable merchants to better serve the customer and bring the transaction right to the point of service.
Printed Receipt – give your servers the capability to print a receipt for the customer even when away from the POS.
Variety of Payment Options – provide the ability to accept magstripe, EMV, and NFC payments including the latest mobile wallets.
For Electronic Payment Set Up Call Now 888-996-2273
Posted in Best Practices for Merchants, Credit Card Reader Terminal, Credit Card Security, EMV EuroPay MasterCard Visa, Near Field Communication Tagged with: bluetooth, chip, Contacless, EMV, magstripe, nfc, PIN, Security
July 18th, 2017 by Elma Jane
1979 was a turning point in the credit card processing industry. Point of sale terminals emerged that year when Visa introduced a bulky electronic data capturing terminal which was the first payment credit card terminal.
In the same year, magnetic information stripe was added to the credit card which allowed card information to be captured electronically. Now Mag stripe was replaced by EMV (Europay, MasterCard and Visa) .
In 1994, the first version of the EMV was released and it became stable in 1998.
The United States started using the EMV Technology in 2014.
The future of payment will see Mobile payments, Electronic payments and Contactless payments like NFC (Near Field Communication) and smart cards, and is now taking over the traditional payment. Electronic Payment Technology will continue to evolve.
Posted in Best Practices for Merchants Tagged with: contactless, credit card, Electronic Data, electronic payment, EMV, mobile, nfc, payment, point of sale, terminals
May 10th, 2017 by Elma Jane
Mobile Wallet Technology have flooded the market in the last few years with offerings such as Apple Pay, Android pay, Samsung Pay and more. And so far, they seem to be succeeding.
To understand how contactless payments work, here is an example.
A smart phone like Android or iPhone allows you to take advantage of mobile wallets like Android Pay, Apple Pay or Samsung Pay. You input your credit card information onto your phone, which stores it for later use.
If you’re shopping at a store that has mobile payment readers at the register, rather than reach for your wallet and get your credit card; you take out your phone to make a payment.
The point-of-sale (POS) terminal will automatically reads the payment information stored by holding your mobile phone a few inches away from the POS, and then processes the transaction. When the mobile device is in range, a wireless communication protocol links the terminal and the phone, which exchange information and conduct a secure transaction in a fraction of a second.
Near-field communication or NFC technology, works by bringing together two electronic devices. In terms of payments technology, a mobile device such as a smartphone and a reader. The reader would be the initiator and the smartphone would be the target, which contains the stored credit card information.
The market potential for NFC payment technology is huge, as more merchants adopt the EMV. EMV compliant terminals accept NFC payments through mobile wallets.
For Electronic Payment set up call now 888-996-2273!
Posted in Best Practices for Merchants, Credit Card Reader Terminal, Mobile Payments, Near Field Communication, Smartphone Tagged with: contactless payments, credit card, electronic payment, merchants, mobile wallets, Near Field Communication, nfc, point of sale, POS, smart phone, terminal
April 10th, 2017 by Elma Jane
EMV, NFC, PIN and Signature are not the same
EMV (Europay, MasterCard and Visa) is a payment technology.
NFC (Near-Field Communication) is a technology that enables contactless EMV.
Apple Pay, Android Pay and Samsung Pay uses NFC technology to process payments in a tap at any contactless payment terminal.
NFC payments made with a mobile phone in-store by tapping the phone to an NFC-capable terminal are considered card-present transactions. NFC in-app purchases are considered card-not-present transactions.
Not all EMV terminals has NFC technology. NFC Technology/EMV terminals can be considerably more expensive than standard EMV.
There are EMV terminals that NFC capable but not enabled.
Payment cards that comply with the EMV standard are often called Chip and PIN or Chip and Signature cards, depending on the authentication methods employed by the card issuer.
PIN Debit are transactions routed through (EFT) electronic funds transfer. It immediately deducts the transaction amount from the customer’s checking account, which is linked to the debit card used for payment. EFT processing takes place when the customer chooses debit when prompted and then enters her PIN. PIN debit transactions are often referred to as online transactions because they require an electronic authorization.
PIN Based Transactions have no chargebacks rights as they are considered cash not credit.
Signature-based debit transactions are authorized, cleared and settled through the same Visa or MasterCard networks used for processing credit card transactions. Signature debit processing is initiated when the customer selects credit when prompted by the POS terminal. Signature debit transactions are referred to as offline transactions because a PIN debit network does not play a role in processing.
NationalTransaction.Com 888-996-2273
Posted in Best Practices for Merchants Tagged with: card present, card-not-present, chargebacks, EMV, nfc, payment, PIN, terminal, transactions
March 30th, 2017 by Elma Jane
Credit Card Terminal
Factors to Consider When Buying a Credit Card Terminal:
- NFC – check out the payment wave of the future. NFC technology features, where you can accept Apple Pay and Android Pay for payments.
- Security and Stability – do I have a computer tablet or other device that will accommodate the future technology? Newer credit card machine work faster, they also protect sensitive card data and have the ability to accept EMV and PIN. Older terminals may not comply with today’s PCI security standards.
Mobile/Wireless Connectivity – credit card terminal should be able to quickly and easily accept credit card payments and work with your payment processor anywhere.
- Connectivity – do you use mobile, Wi-Fi, dial, or (IP) Internet connection? Most current credit card terminals use both technologies, but when connected to dial-up your transactions can be quite slow, unlike IP connection which can speed up your transactions.
- Programmable or Proprietary – if they will not let you program it why NOT?
There are many options when searching for the right credit card terminal for your business but there are also a number of factors to consider before making an investment.
Give us a call at 888-996-2273 and talk to our Payment Consultant!
Posted in Best Practices for Merchants Tagged with: credit card, data, EMV, nfc, payments, PCI, PIN, processor, terminal
January 12th, 2017 by Elma Jane
Accepting non-cash payments from your customers are valuable. If you don’t, you will miss out on sales; because of the growing numbers of customers who only carry plastic or wish to pay online. Today, you have many payment solution options.
Credit Card Terminals – you might remember the beginning of the credit card era and i’ts evolution with today’s countertop terminals. From the traditional swipe of their credit, debit or even gift card to make a purchase to today’s modern terminals. Like accepting EMV chip cards (to be in compliance with a PCI mandate) and NFC payments like Apple Pay.
Beyond the basics; these systems are generally supported by reporting sites that can help you monitor sales, and assist you with maintaining customer loyalty programs.
E-Commerce Solutions – online sales are growing every year. If you are considering an expansion of your business online; you need a complete hosted payment solution for transactions in all payment environments. Including in-store, back office mail/telephone order (MO/TO), mobile and e-commerce, that make your customers’ experience as intuitive and efficient as possible.
Point of Sale Systems – smart registers have evolved into high-tech point-of-sale (POS) systems due to technology advances. Not only taking customer payments; but it can transform your business with an advanced marketing programs, inventory management and sales and profitability tracking and reporting. Over the past years these advanced systems have become cost-effective and easy to use.
Wireless Terminals – in today’s hardware you have the option of accepting payments wirelessly, through a full-service terminal that is smaller than a countertop model, or through a mobile card reader plugin for a smartphone or tablet.
The advantage of a full-service wireless terminal is that it allows for receipt printing on the spot through the device and most modern full-service wireless terminals are EMV compliant and accept both EMV (chip card) and NFC payment types.
Call now 888-996-2273 and speak to our payment consultant to know which solution is best for you.
Posted in Best Practices for Merchants, Credit Card Reader Terminal, e-commerce & m-commerce, EMV EuroPay MasterCard Visa, Mail Order Telephone Order, Near Field Communication, Payment Card Industry PCI Security, Point of Sale Tagged with: card reader, chip cards, credit card, debit, e-commerce, EMV, gift Card, mobile, moto, nfc, online, payment solution, payments, PCI, point of sale, smartphone, terminals, transactions
December 12th, 2016 by Elma Jane
Wireless Freedom with Smart Terminal!
Point-of-sale with WiFi capabilities. Now customers can take advantage of total mobility within their location when accepting payments, and managing their business either in-store or remotely. The device is NFC enabled for contactless transactions, and also designed to be easily transported due to its rechargeable battery.
Perfect for Pay at the Table!
Intended to provide cardholders with the ability to pay from anywhere within a business, the Smart Terminal is the ideal solution for processing transactions (and tips) tableside. Other benefits for this service include:
- 8 hour battery life on a single charge.
- Customer screen displays for PIN, Signature, tips, and receipts (via paper/email/text).
- Cardholders have the ability to complete transactions quicker, increasing profitability.
- Enhances the customer service experience.
Available for Retail and Restaurant customers only.
Posted in Best Practices for Merchants Tagged with: cardholders, customers, nfc, payments, POS, terminal, transactions
December 1st, 2016 by Elma Jane
The All in One Smart Terminal!
Finally, a dynamic all-in-one smart terminal that offers a turnkey solution for customers to immediately implement in their place of business. Think of it also like a smart phone for accepting payments.
Function meets Form
Enables the speed of business with a modern, engaging design. Here are a few highlights:
- Dual, interactive touchscreens for the customer and cardholder.
- Built-in intuitive software, PIN pad and also signature pad, and printer.
- Charging dock station that includes extra USB ports.
- One card slot for EMV/MSR transactions.
- NFC enabled to accept contactless transactions, for example ApplePay.
- Mobile and web applications to help owners manage their business from anywhere.
- Ability to print, email and also send SMS receipts.
Sleek modern device that delivers an incredible customer experience, therefore a great option for retailers, coffee shops, and pop-up shops.
It comes with the powerful security of Safe-T built in.
For your EMV/NFC terminal needs give us a call at 888-996-2273.
Posted in Best Practices for Merchants Tagged with: ApplePay, cardholder, contactless transactions, customers, EMV, mobile, nfc, payments, PIN pad, smart phone, terminal, transactions
October 20th, 2016 by Elma Jane
Ways consumer can use NFC!
Near field communication technology (NFC) is on the rise, and as a result consumers can use NFC not just for making payments.
Top ways consumers can use NFC (Near field communications):
NFC Access Keys – can also be used as your access to certain buildings or hotels.
NFC Boarding Pass – are used in airports to expedite the boarding process. No more keeping track of that printed boarding pass!
File Sharing – on certain Android phones, consumers can also share songs, contacts and files from phone to phone with a simple tap.
Retail – Paying in stores simply requires a wave of the customer’s smartphone. This provides speedier transactions, but also provides merchants the opportunity to offer their customers loyalty points and rewards.
NFC Ticketing – speeds up subway boarding time by allowing consumers to use their phones also at the reader.
Vending Machines – NFC-enabled vending machines will allow customers to simply tap and go.
With the growing list of NFC technology uses, merchants should be prepared for the adoption. Upgrade your terminal to be NFC-enabled give us a call at 888-996-2273
Posted in Best Practices for Merchants, Near Field Communication Tagged with: customers, merchants, nfc, payments, terminal, transactions
September 19th, 2016 by Elma Jane
Terminal or credit card machines are used for processing debit and credit card transactions. Therefore, are often integrated into a Point of Sale System.
Electronic Authorizations – merchants had the choice of calling in for an authorization or imprinting their transactions, but many businesses opted voice authorization only on larger transactions because of the long waiting time for authorizing transaction over the phone.
Manual Imprinters – are considered a great backup processing method. Although time consuming and did not offer the speed or instant transfer capabilities, this imprinters are still widely used.
Point of Sale Terminals: POS emerged in 1979, which was a turning point in the credit card processing industry. As a result,
Visa introduced a bulky electronic data capturing terminal. The first of credit card machine or terminal as we know them today. It has greatly reduced the time required to process a credit card.
In the same year, MasterCharge became MasterCard and credit cards were replaced to include a magnetic information stripe which now has become EMV/chip and PIN.
The Future: There’s a lot of room for advancement when it comes to Credit card processing technology. Increasing processing speed, reliability and security are driving forces behind processing technology advancement.
Today’s credit card terminals are faster and more reliable with convenient new capabilities including contactless and Mobile NFC acceptance. The processing industry will definitely be adapting new technologies in the near future and has a lot to look forward to.
Posted in Best Practices for Merchants, Credit Card Reader Terminal, Near Field Communication, Visa MasterCard American Express Tagged with: chip, contactless, credit card, debit, EMV, mobile, nfc, PIN, point of sale, Security, terminal, transactions, visa
