Electronic Payments Archives - Page 2 of 13 - Payment Processing News

Category: Electronic Payments

Tokenization
May 5th, 2017 by Elma Jane

Tokenization is a powerful security feature that allows a merchant to support all of their existing business processes that require card data without the risk of holding card data and without any security implications, because tokens are useless to criminals, they can be saved by the merchant as they do not represent any threat.

The liability and costs associated with PCI compliance is substantially reduced and the risk of storing sensitive data is eliminated.

Tokenization applies to credit card and gift card.

Merchants set up for the tokenization service receive responses that include a token.

The token generated is not linked to a specific transaction but to a specific card number and the token generated for that transaction will be identical for every use of that card number and merchant.

Furthermore, you can generate a token and save the token with associated information in the Card Manager.

For Electronic Payments with Tokenization call now 888-996-2273

or click here NationalTransaction.Com

 

 

Posted in Best Practices for Merchants, Credit Card Security, Electronic Payments, Payment Card Industry PCI Security Tagged with: , , , , , , , , ,

Ecommerce and Electronic Payment Technology
May 1st, 2017 by Elma Jane

3D Secure Authentication

One of the biggest frustration for e-Commerce businesses has been the risk of chargebacks. If a shopper were to tell their issuers that they did not authorize an Internet purchase with their credit card, the merchant can lose the chargeback and the product.

By using 3D Secure capabilities, merchants get detailed evidence of authorized purchases “authentication data”.

The authentication data, together with an authorization approval gives you a transaction that is guaranteed against the most common types of chargebacks: Cardholder not authorized and cardholder not recognized chargebacks.

3D Secure is a security tool that enables cardholders to authenticate their identity to their card issuer through the use of Visa’s Verified by Visa and MasterCard’s SecureCode services.

3D Secure adds another layer of security to cardholders by preventing fraudulent purchases in an e-Commerce environment and reducing the number of unauthorized transactions.

NTC’s Virtual Merchant users processing transactions in an integrated e-Commerce environment are able to take advantage of this functionality.

3D Secure processing is supported with MasterCard and Visa transactions only. Other card types will process as normal and will not trigger 3D secure processing.

For e-Commerce Electronic Payments set up with 3D Secure

call now 888-996-2273! or click here NationalTransaction.Com 

 

Posted in Best Practices for Merchants, Credit Card Security, e-commerce & m-commerce, Electronic Payments, Visa MasterCard American Express Tagged with: , , , , , , , , ,

Smart Device for Lodging Transactions
February 13th, 2017 by Elma Jane

Smart Device for Lodging Transactions 

Function meets form with this latest payment terminal.

Accepts All Payments – Magstripe, Chip (EMV) Cards, Mobile Payments like Apple Pay (NFC) and Manual Keyed.

An All-In-One Smart terminal – simplified, single card slot for Magnetic Stripe and EMV. Customer display for PIN, signature, tipping, receipts and more. Interactive 7″ touchscreen. Connects to Wifi or Ethernet. With built-in printer.

Security – PCI certified, End-to-End Encryption. Data is protected by the latest technology.  

Supports Lodging Transactions – Check-In/Check-Out, Quick Stay, Incremental Authorization/Update. Sale, refunds, and voids.

Reporting (HQ) – a simple dashboard where you can monitor your sales, refund transactions, get business insights and alerts, and view settlements and transaction in real time. Accessible on the internet or from the HQ App on your Smartphone.

Robust Payment processing – access your funds within 24-48 hours, 24/7 customer service, convenient reporting, PCI program & data breach coverage.

For Electronic Payments call now 888-996-2273 or go to www.nationaltransaction.com and click get started.

 

 

 

Posted in Best Practices for Merchants, Credit Card Reader Terminal, Electronic Payments, EMV EuroPay MasterCard Visa, Near Field Communication, Payment Card Industry PCI Security Tagged with: , , , , , , ,

Accept Payments Your Way
December 14th, 2016 by Elma Jane

Accept Payments YOUR Way!

Learn more about the full range of payment capabilities offered by Converge, an omni-commerce platform that lets you accept payments your way. Online, In-Store and On the Go!

Accept a full range of payment methods:              

  • Credit Cards
  • Debit Cards
  • Electronic Checks
  • Gift Cards
  • Electronic Benefit Transfer (EBT)
  • Cash

Advanced features also include:

  • Available enhanced security features, including EMV, encryption and tokenization
  • Detailed reporting with up to 12 months of data storage
  • Customizable payment screens
  • User permission management for up to 5,000 users

National Transaction Corporation accept payments wherever you are with security while having a peace of mind for you and your customers. Furthermore, flexible solutions that empower your business growth in addition to world class support for complex integrations and answers to your toughest questions. Let our payment specialist find the right solution for your electronic payment needs. We offer transparent pricing and services that work with your existing technology to provide a low cost automated billing and collection solution.

Call now at 888-996-2273 and get a FREE Rate Review! 

 

Posted in Best Practices for Merchants, Credit card Processing, e-commerce & m-commerce, Electronic Check Services, Electronic Payments, EMV EuroPay MasterCard Visa, Travel Agency Agents Tagged with: , , , , , , , , , ,

November 28th, 2016 by Elma Jane

Payment acceptance is key to making more money.

Let’s talk about your money, and how to make more of it. Today money is taking on a new form. It’s digital, it’s electronic and it’s everywhere and anywhere 24/7/365.

Payment acceptance is key to making more money. You don’t make more money by not accepting a transaction, and making the experience convenient and safe to your customer can bring loyalty. 

Let’s break down a transaction.

Cash, but that would mean that the customer has to be in front of you. You could take checks, those are safe to mail, but then you don’t have your money until you drive to the bank and cash or deposit the check.

So how do we easily and securely transfer funds for a transaction? The answer lies in digital or electronic payments. Accepting credit cards, debit cards, ebt cards or even gift & loyalty cards and electronic checks. These provide secure and convenient ways to complete transactions for your customers. If you want to make more money, make it easy for customers to spend it while making it faster for you to receive it. That’s where a merchant account comes in.

A merchant account allows you to deposit funds directly into your bank account in as little as a few hours. Whether the customer swipes their card into your smartphone, calls it in over the phone or keys it into your web site, just having a merchant account can be a huge advantage over competitors.

It allows you to conduct transactions in more ways than cash or checks alone. Transactions are recorded automatically and can easily be reconciled for both customer and merchant. Most importantly it widens the opportunities to conduct sales to the widest customer audience possible.

No matter what you sell or how you sell it, the sale is only complete once the funds are transferred from one party to the other. 

It’s important to recognize your missed opportunities. Could accepting electronic payments help increase your revenue stream? We’re here to help you make more money, let us show you the many ways we can do just that. Let’s talk, 888-996-CARD (2273)

Posted in Best Practices for Merchants, Credit card Processing, e-commerce & m-commerce, Electronic Check Services, Electronic Payments, Gift & Loyalty Card Processing, Mail Order Telephone Order, Mobile Payments, Travel Agency Agents Tagged with: , , , , , , , , , ,

Next Day Funding
October 7th, 2016 by Elma Jane

NEXT DAY FUNDING

To be responsive to the needs of our merchants and to meet that needs, NTC offers next day funding in addition to the value added service for customers and businesses that need to have their funds available quickly.

National Transaction also offers a variety of electronic payment services and technology for businesses; with more than 15 years of experience.

Our services include:

  • Currency Conversion
  • Credit and debit card processing
  • E-commerce and gateways
  • Electronic checks
  • Gift and loyalty card programs
  • Mobile processing
  • Cash advances and loans/funding program
  • NTC e-Pay and MediPaid

NTC e-Pay – is an Electronic Invoicing that made simple with NTC e-Pay!

Free Setup, nothing to Integrate, Secure, and Fast. Invoice customers Electronically with NTC e-Pay. In addition, our e-Pay Platform can help Travel Merchants bring new customers while encouraging repeat business.

Our Virtual Merchant Gateway – accept payments your way! Online, In-Store and On the Go. Another payment platform that flexes with your business.

NTC Business Loans – Fast yet Affordable and most of all Simple Application Process.

MediPaid – another medical health insurance claims payment. Delivering paperless and next-day deposits for Health Insurance Payments.

Furthermore, NTC provides services to thousands of customers. NTC maintains a one on one relationships with all its merchants consequently providing 24/7 customer service and technical support!

To know more about our product and services call us now! 888-996-2273

Posted in Best Practices for Merchants, Credit card Processing, Credit Card Reader Terminal, e-commerce & m-commerce, Electronic Check Services, Electronic Payments, Financial Services, Gift & Loyalty Card Processing, Internet Payment Gateway, Medical Healthcare, Mobile Payments Tagged with: , , , , , , , , , , , , ,

MerchantConnect
September 29th, 2016 by Elma Jane

MerchantConnect is a great tool for merchants because it contains all the information that a merchant needs to manage their electronic payment activity. Furthermore, it’s fast, easy and secure!

  • Merchant can either view or update account information and make changes.
  • Find copies of statements.
  • Furthermore find valuable products and services to help merchant with their business.

View recent deposits and other information about account activity including:

  • Batch Details
  • Chargeback
  • Retrieval Status
  • Deposit History

The merchant can also find news and information to help manage payments at your business. Learn how to:

  • Best Qualify Transactions
  • Reduce Risk
  • Manage Chargebacks
  • Find reference guides to help operate your payment terminal

The merchant can also utilize the BIN Lookup when you need to inquire about which bank issued a particular card. Simply enter the first six digits on the card and you will receive the information on the issuing bank, including contact information.

If you need a to set-up an account and want to use this tool give us a call at 888-996-2273  

Posted in Best Practices for Merchants, Electronic Check Services, Electronic Payments Tagged with: , , , , , , , ,

Accept Payments Your Way
September 16th, 2016 by Elma Jane

National Transaction offer valuable features and benefits, if you want to improve your business’s productivity, you should look for the following features below, that you need from your Electronic Payments provider.

Advanced Security Options – 6 out of 10 small businesses close within six months of a card data breach, it is important that Point-of-Sale devices should have appropriate security measures, particularly EMV, encryption and tokenization. NTC offer Safe-T for Small and Medium Businesses and Safe-T for Large Businesses. The Top-tier security is important on your business’s data especially customer information, consider adding additional authentication procedures.

Fast Payment Processing – first step is having up-to-date technology, because some customers might leave, the sooner you have the money processed by your provider, the bigger and stronger your business can become. NTC is adept at administering payments quickly and efficiently. We can provide regular funding or next day funding.

Feature Flexibility –  obtaining the features you need from your payment services provider is very important. Look for a provider that appropriately addresses your payment concerns.

Mobile Payment Processing – NTC offer Virtual Merchant/Converge Mobile that gives you the ability to accept payments using your smartphone or tablet anywhere you go. Furthermore, the app works with most Apple and Android mobile devices. Accept a key-entered transactions or swipe cards using an encryption reader. You can now take chip card payments using Ingenico iCMP PIN Pad or the new RP457c card reader.

Reliable Customer Support – NTC is available 24/7, the phones are answered by humans and not automated systems. You got support with your hardware, answer questions and guide you to better understand the process. Customer support is the most important feature of any business partnership you make.  At NTC we are very passionate about that.

Up-to-Date Tech – futuristic features, like mobile payment abilities, EMV/NFC, contactless payments are worth investing. Modern consumers are generally more familiar with up-to-date payment systems. Seeing a payment service provider offer a swipe-only terminal should be a red flag, because the recent regulations require merchants to have EMV to provide better data security.

 

Posted in Best Practices for Merchants, Credit Card Security, Electronic Payments, EMV EuroPay MasterCard Visa, Mobile Payments, Mobile Point of Sale, Near Field Communication, Point of Sale, Smartphone Tagged with: , , , , , , , , , , , , , , , , , , , , , , ,

Evolution of Electronic Payments
June 7th, 2016 by Elma Jane

Merchants need to stay competitive by offering the most modern forms of electronic payment processing technology to satisfy customers, because, in today’s world of smartphones and one-the-go payments, consumers have options in how they conduct their transactions. With proper education on the types of payment options, merchants can make the right decision for their business.

NTC is here to discuss that payment options.  

EMV – or Europay, MasterCard, Visa is a fraud-reducing technology to protect card issuers, merchants, and consumers from counterfeit or stolen cards. The customer inserts or dips the chip card into the EMV terminal, rather than swiping the card at the point of sale. A one-time-use code is created for that transaction. This code makes it virtually impossible for anyone to duplicate, leaving customers safer from fraud.

NFC – stands for near field communication is a method of contactless data exchange between two electronic devices. NFC is used in mobile wallets such as Apple Pay, Android Pay, and Samsung Pay. More and more consumers leaning towards mobile wallets, merchants should be prepared to accept NFC payments by incorporating NFC-enabled equipment.

Virtual Merchant Mobile Payments – Mobile Payments are popular, you can take payments anywhere. Ideal for retail, restaurant and service businesses of any size. Accept payments your way online, in-store and on the go. Anytime and anywhere.

Offers flexibility you want with the payment security you and your customer need:

  • Accept credit and debit cards, including mag stripe, chip cards, and contactless payments/NFC, like Apple Pay and other mobile wallets.
  • Calculate discounts, taxes, and tips automatically.
  • Email customer receipts.
  • Help protect cardholder data with an encrypted, chip card device.
  • Record cash transactions.
  • Use your own smartphone or tablet (works with most IOS and Android mobile devices).

Check out NTC’s electronic payment solutions that are EMV-capable, NFC-enabled and mobile wallet ready.

 

 

Posted in Best Practices for Merchants, Electronic Payments, EMV EuroPay MasterCard Visa, Mobile Point of Sale, Near Field Communication, Point of Sale, Smartphone, Travel Agency Agents Tagged with: , , , , , , , , , , , , , , , , , , , ,

June 3rd, 2016 by Elma Jane

To be responsive to the needs of our merchants and to meet that needs NTC offers next day funding. This is a value added service for customers and businesses that need to have their funds available quickly.

With more than 15 years of experience, National Transaction offers a variety of electronic payment services and technology for businesses.

Our services include:
Currency Conversion, credit, and debit card processing, e-commerce and gateways, electronic checks, gift and loyalty card programs, mobile processing, cash advances and loans/funding program. We also have NTC e-Pay and MediPaid.

NTC e-Pay – is an Electronic Invoicing that made simple with NTC e-Pay! Free Setup, Nothing To Integrate, Secure, and Fast. Invoice customers Electronically with NTC e-Pay. Our e-Pay Platform can help Travel Merchants bring new customers and encourage repeat business.

Our Virtual Merchant Gateway – accept payments your way! Online, In-Store and On the Go. A payment platform that flexes with your business.

NTC Business Loans – Fast, Affordable, and Simple Application Process.
MediPaid – a medical health insurance claims payment. Delivering paperless, next-day deposits for Health Insurance Payments.

NTC provides services to thousands of customers. NTC maintains a one on one relationships with all its merchants providing them with 24/7 customer service and technical support!

To know more about our product and  services give us a call at 888-9962273

 

Posted in Best Practices for Merchants, e-commerce & m-commerce, Electronic Check Services, Electronic Payments, Gift & Loyalty Card Processing, Medical Healthcare, Merchant Account Services News Articles, Merchant Cash Advance, Merchant Services Account, Mobile Payments, Small Business Improvement, Travel Agency Agents Tagged with: , , , , , , , , , , , , , , ,