Chip & PIN Archives - Payment Processing News
September 12th, 2016 by Elma Jane

Ingenico RP457c card reader is now available at NTC for $75.00 plus encryption and shipping!

rp457c

NTC are pleased to announced the launch of Converge Mobile 1.3, which includes support for the new Ingenico RP457c.

An all-in-one card reader that accepts:

  • Mag stripe
  • chip card
  • contactless payments including mobile wallets

Customers can utilize audio jack to connect the device to their either smartphone, tablet or connect via Bluetooth.

In addition to the converge Mobile portfolio, Ingenico RP457c is a lower price point for customers who are cost sensitive. It offers the same payment flexibility as the iCMP.

Both RP457c’s and iCMP devices also offer encryption technology, adding another layer of security to help protect card data at the point of entry and throughout the payment lifecycle.

One key difference is that iCMP is a PIN pad that supports chip & PIN as well as debit PIN transactions, while the PR457c is a card reader only; therefore chip and signature and signature debit are supported on this device.

For your electronic payment needs or to purchase the device give us a call now 888-996-2273 www.nationaltransaction.com

 

Posted in Best Practices for Merchants, EMV EuroPay MasterCard Visa, Smartphone Tagged with: , , , , , , , , , , , ,

EMV
May 18th, 2016 by Elma Jane

Terminals are ready, but the software isn’t – many merchants have EMV capable equipment, but has not been activated yet because it still needs to be certified.
The certification process includes security and compatibility tests.

For a small merchant, all you need to worry about is your equipment or software is EMV certified.

For software, developers, terminal manufacturers needs to get certification before they can deploy their products to merchants.
So many merchants who want to accept EMV, are now just waiting for their POS system to get necessary upgrades, which they can’t do until they’re certified.

Slower Checkout Time – common complaint by consumers. Dipping takes several seconds longer than swiping the card. There’s also a chance of forgetting your card because you have to leave your card inserted while waiting for the transaction to get approved.

The fastest Path to EMV – Depending on the nature of your business, the risk of landing yourself for credit card fraud is slim. The easiest way is to contact your merchant account provider and they will tell you what equipment and software you need and how much it will cost.

For our retail customers, we have the iCT250, the smart and compact desktop device designed for maximum efficiency. iCT250 offers a smart and effective payment experience on minimum counter space. Accept all electronic payment methods including EMV chip & PIN, magstripe and NFC/contactless.

For card-not-present, we have our payment gateway platform that accepts payments your way Online, In-Store and On the Go.

  • E-commerce – manage your e-com business along with all of your other payment transactions in one, secure place.
  • In-Store – accept payments in person with ease using your computer and a broad range of an optional device, like card readers and PIN pads.
  • Back Office Mail & Phone – Process you mail and phone payments online. Converge is ideal for recurring and installment payments too.
  • Mobile – Take payments on the go with an intuitive mobile app that’s compatible with most smartphones and tablets.

For more details give us a call at 888-996-2273 or check out our website for our products and services.     

 

 

Posted in Best Practices for Merchants, Credit Card Reader Terminal, e-commerce & m-commerce, EMV EuroPay MasterCard Visa, Internet Payment Gateway, Mail Order Telephone Order, Merchant Account Services News Articles, Mobile Payments, Near Field Communication, Point of Sale, Smartphone, Travel Agency Agents Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , ,

iCMP
November 19th, 2015 by Elma Jane

The Ingenico iCMP PIN pad is now available with Converge in the US! This EMV-enabled device is flexible to use with a USB connection and Converge or with a Bluetooth connection and Converge Mobile (launching soon!).

Key features of the Ingenico iCMP include:

Chip, Contactless and Mag Stripe  

Accept EMV chip cards, including Chip & Pin and Chip & Signature as well as mag stripe cards and contactless payments – mobile wallets like Apple Pay and contactless cards. The EMV-capabilities of the PIN pad help protect our customers from counterfeit card fraud.

Debit and Credit PIN Based Transactions

Accept debit and credit cards using PIN capabilities on the device. This is important to help further protect our customers from lost, stolen and NRI (not received/issued) fraud.

Encryption

Encrypted to keep card data separate and away from the mobile app/device and safe as it travels through the payment network.

Bluetooth or USB

Connect with a USB connection when using a computer and Converge www.convergepay.com or Bluetooth when using with the upcoming Converge Mobile app.

Pocket size 

Takes up little space on a countertop, and it’s easy to carry when on the go.

Give us a call now at 888-996-2273.

Posted in Best Practices for Merchants Tagged with: , , , , , , , , , , , , , , , , ,

October 31st, 2013 by Elma Jane
Ingenico Biometric Credit Card Terminal with EMV Chip and PIN Processing NFC.

Ingenico Biometric Credit Card Terminal with EMV Chip and PIN Processing NFC.

Ingenico’s new biometric payment device (the iWB 220) is to be used in a pioneering project, to bring financial support to low-income families.

Payment solutions provider, Ingenico are to deploy Ingenico´s biometric solution in Colombia and the Dominican Republic, together with Carvajal Tecnología y Servicios, a player in the electronic payment industry in Latin America,

This biometric point of sale solution complies with the Image Quality Specifications for single finger capture device defined by the FBI, the United States Federal Bureau of Investigation.

In addition to high security standards, the solution is a mobile device with an embedded Magstripe, as well as Chip & PIN readers.

Upon government approval for each of the applications, funds will be sent to the banks and through the use of these unique devices, beneficiaries can withdraw their funds, with the use of a fingertip. Approved family members are the only ones able to withdraw the funds, and the government is assured that the benefit is being paid to the right person.

Posted in Credit Card Reader Terminal, Credit Card Security, Electronic Payments, EMV EuroPay MasterCard Visa, Payment Card Industry PCI Security Tagged with: , , , , , , , , , , , , , , , , , ,

July 8th, 2013 by Admin

In discussions about merchant service providers, Square and PayPal entering talks is a given. Sqaure offers free credit card readers to entice merchants to switch their credit card processing to them. PayPal recently launched an initiative to expand it’s reach into retail stores and offers to waive processing fees through 2013. With the coming rush to mobile transaction processing more companies are entering the fray. AT&T, Verizon, T-mobile and Sprint are looking to get into the credit card transaction processing gig as they already carry that data over their cellular networks. ISIS Wallet and Google’s digital wallet bring credit card transactions to Android smartphones and tablets, and Visa is expected to launch its Visa Ready program as it rolls out test merchants. Read more of this article »

Posted in Mobile Payments Tagged with: , , , , , , , , , , , , , , , , , ,