You can offer your customers preferred payment method with the next generation point-of-sales terminals, an all-in-one credit card processing experience: which not only support Near Field Communication (NFC) contactless payment transactions such as Apple Pay but chip cards and the traditional magnetic stripe cards; and manual entry transactions as well.
Contactless payment transactions are happening now. NTC are here to help.
Near field communication is a contactless communication protocol between devices like (smartphones, tablets, smartwatches or even credit cards themselves) with a nearby NFC-enabled terminal by simply authorizing your device with a passcode or fingerprint authentication.
Both merchants and customers benefit from near field communication technology, by integrating credit cards, train tickets, and coupons all into one device. Faster payment transaction times and fewer physical cards to carry around.
If your smartphone has an integrated NFC chip, you can use a mobile wallet app like Apple Pay, Android Pay and Samsung Pay for items at retailers that support NFC transactions. Just load up your credit cards on your mobile device and wave or tap your device near an NFC compatible terminal to pay, no card swiping required.
As the technology keeps growing, more NFC compatible smartphones will be available and more businesses will offer NFC card readers for customer’s convenience.
Apple Pay, integrated into the newest generation of Apple mobile devices and incorporates NFC technology. If it becomes widely used by many iPhone users, perhaps merchants will be encouraged to more quickly adopt NFC technology.
Many major banks and credit cards are supporting NFC technology, issuing new cards with embedded NFC chips. This means that you may be able to tap or wave your card at the terminal instead of swiping, no phone required, in the next few years.
Two key features have been released in the latest version (1.2.) of the Converge Mobile app for both iOS and Android:
Bluetooth Printer Support – You can now use either of the Bluetooth printers – Star SM-T300i or Star SM-T220i – with the Converge Mobile app.
Void – You can now void a transaction after it has been submitted and before it has been settled. Transactions that need to be reversed after settlement will need to be done as a refund. Both the Void and Refund functions are done from the transaction menu.
In addition to these features, enhancements were made to the first-time user experience to help get customers up and running on the new mobile app. Several bug fixes were also addressed, including a fix to remedy an issue where some cards were not being accepted via Apple Pay.
Users must download the latest version of the Converge Mobile app to receive these latest features. Updating the app will also push a hardware update to the Ingenico iCMP. We encourage our customers to enable automatic updates for Converge Mobile so you will always have the latest functionality.
A number of financial institutions are beginning to implement biometric authentication. They started to replace traditional knowledge-based passwords with biometric authentication.
A British multinational banking is introducing biometric tests for its customers in U.K., letting account holders access online banking using their fingerprint or voice. If you’re using phone-banking services you can register your voiceprint with the company instead of using a regular password. A special voice biometrics technology will analyze a customer’s voice when they call the bank.
Customers using Apple’s Touch ID will be able to access their accounts on their mobile phones using their fingerprint.
Customers in the U.S., Canada, Mexico, Hong Kong, and France will have the technology by the end of the year. Other markets will follow in 2017 and 2018. The British multinational banking and financial services company have nearly 50 million retail banking customers around the world.
Travel Agency~ An Independent Travel Firm had been using their bank as credit card processor. When they learned that Virtuoso and NTC were going to team up they jumped on the opportunity. Not only NTC has lowered their fees but NTC has streamlined their credit card processing. The manual type-in process before has been all automated batch process now which saves time. This is a great new partnership for Virtuoso and its members.
Wholesale Hardware Industry ~ Have been turned down his business loan by a traditional bank last year due to his bankruptcy few years ago. He has no option but to borrow using a Cash Advance, making daily payment with a very high-interest rate. NTC was able to get an approval for a Real Business Loan, with monthly payment with an annual rate.
Term loan amount: $85K – Line of credit: $75K
Another Travel Agency ~ NTC has great customer service, the support team will patiently guide you through the PCI compliance. The payments specialist will check whether they could reduce your rates (which they did successfully!). They will even follow up regularly with status updates. NTC is exemplary!
NTC has a lot to offer, from our e-Pay Service and other New Programs for ISO’s, and Options for your merchants. NTC, The Payments and Technology Expert! Visit us at www.nationaltransaction.com or call us at 888-996-2273.
Helping customers protect and safeguard their payment data is one of National Transaction’s top priorities.
Our Payments Expert for travel agencies welcomes your questions, and always glad to give you assistance. We are good at what we do and we value your time.
We offer very valuable services and information to help you with your travel business needs, which saves you time, money & provide insights into your payment logistics.
Merchants can bring in new customers and encourage repeat business by using their point-of-sale terminal as a marketing tool. A point-of-sale terminal allows you to process payment and accept debit and credit cards, and generate more business by using the right tools.
Customize Receipts– a customized receipt becomes an advertisement. The customer knows where that receipt is from should they want to contact you.
Gift Cards Program – Gift card recipient are likely to spend over the face value of the card. Customers will appreciate simplified gift shopping.
Loyalty Program– Loyalty program makes customers think of your business first and encourages them to come back often to earn a reward.
Referral Rewards– Print an offer to reward referrals, so they can send people to you.
A merchant account is not just an expense by finding the right tool you can generate more income for your business!
Helping customers protect and safeguard their payment data is one of NTC’s top priorities. Experts agree that a layered approach is the most effective way to combat evolving security threats and unauthorized access to payment data.
Implementation of best practices and the latest protection technology is needed to ensure of cardholder data protection from increasingly complex and evolving security threats.
EMV is a good start to enhance data security with card authentication, cardholder verification, and transaction authorization. But a multi-layered security approach that includes encryption and tokenization provides complete data protection to both merchants and their customers.
EMV alone is not enough because EMV authenticates the validity of the card and the cardholder, but it does not secure the data. With encryption and tokenization without EMV, as a merchant, you are liable for fraudulent transactions. Encryption and tokenization are a process or system to protect sensitive cardholder data but do not authenticate the data.
EMV is a key component to a multi-layered security approach. It secures the payment transaction with enhanced functionality, by combining EMV, encryption and tokenization merchants can have a complete data protection that they need.
NTC ePayis an easy and effective way to process transactions for any Merchants.
National Transaction creates a custom link for your business, which you will use to send your customers an Electronic Invoice. Once your customer received the invoice, they will click on the link and pay the amountonthe invoice.
The customer is required to agree to your Refund Policy, Privacy Policy, Timing and Delivery Policy before they can pay the invoice, this will protect you in a caseof a Chargeback.
With this system in place, Credit Card information is processed securely. The customer is entering their credit card information without faxing or emailing credit card numbers.
Electronic Invoicingsaves time and unnecessary costs. Documents don’t need to be scanned or email, all transactions are processed through the electronic invoice making it easy to keep track of.
Most of our Merchants usingNTC ePayare in the Travel Industry, some are into boat Repair Business and Church Ministries. If you want to process securely, save time and unnecessary costs like our existing merchants, check out NTC ePay, The No Shopping Cart e-Commerce Solution!
E-Pay Security improves – but merchants remain cautious.
U.S. merchants are still reluctant to embrace 3D Secure technology in card-not-present transactions, even though it has vastly improved from the initial version.
3D secure technologies – namely Verified by Visa and SecureCode for MasterCard which offer an extra layer of protection for merchants and its customers. Merchant participation is mandatory to process certain cards in some countries.
