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How Can You Help Your IT Merchant Clients Through The Consumer EMV Learning Curve?

Randy Vanderhoof, director of the EMV Migration Forum, addressed concerns about the U.S. EMV transition during a presentation at Retail Solutions Providers Association (RSPA) RetailNOW 2015. Vanderhoof says this transition is particularly challenging because of its complexity: every part of the payment ecosystem has to change, including merchants, consumers, issuers, and acquirers.

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POS & PAYMENT PROCESSING MAGAZINE ARTICLES

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POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY

  • 2015:  The Year of Mobile
    2015: The Year of Mobile

    As you have probably heard, mid April of this year, Google made big changes to their search engine algorithm, giving priority to websites that are optimized for mobile devices. Over the past few months, many companies (our clients included) have started taking a closer look at their site traffic and refreshing their websites to make them mobile friendly.

  • 4 Ways To Create A Seamless Transition To EMV For Your IT Clients And Their Customers
    4 Ways To Create A Seamless Transition To EMV For Your IT Clients And Their Customers

    With the October 1 EMV liability shift just a little over a month away — merchants still looking to comply with their limited timeframes — need efficient and cost-effective strategies to make the deadline or be held liable for fraudulent card transactions.

  • 4 Ways To Help Your Clients And Their Customers Transition Seamlessly To EMV
    4 Ways To Help Your Clients And Their Customers Transition Seamlessly To EMV

    Over the last year, EMV (Europay, MasterCard, and Visa) has achieved mass recognition within the U.S. There are over 1 billion EMV cards used throughout the globe, and the system is the standard for debit and credit payments in many European countries. Despite this, the U.S. has lagged behind in the transition to chip and pin technology — until now.

  • Will Increasing Minimum Wages Mean A Demand For Solutions That “Do More With Less?”
    Will Increasing Minimum Wages Mean A Demand For Solutions That “Do More With Less?”

    Let’s engage in a thought exercise. We’re going to examine the business and technology consequences of a single grassroots movement and what it may mean for point-of-sale (POS) developers and providers. Fast food workers, demanding pay up to $15 an hour, have seen successes in New York State and some municipalities, resulting in substantial wage increases.

  • What SMBs Are Looking For From Their IT Solutions Providers
    What SMBs Are Looking For From Their IT Solutions Providers

    I do coaching for one of our member’s sales executives. Their owner asked for some feedback on a blog we were reviewing. One of the sales executives replied with the following...

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RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES

  • VAR Addresses Bar And Grill’s Need For Fixed And Mobile POS
    VAR Addresses Bar And Grill’s Need For Fixed And Mobile POS

    While many restaurants have been using POS systems for years, there are plenty that still do things with a cash register. Take, for instance, PY’s Saloon and Grill in Osceola, WI. Nestled along the St. Croix River, the bar and restaurant relied on an antiquated electronic cash register for years. Unfortunately, without the capabilities of a POS system, PY’s owner was experiencing a multitude of problems.

  • VAR Experiences New Revenue Streams And Increased Profitability With POS Solutions

    Scott Spitzberg, owner of Restaurant Software Solutions, has many years of experience selling, installing, and supporting POS and has run across many different types of restaurant customers. He’s identifi ed two groups that, historically, haven’t been great opportunities for new business.

  • APG Partner’s mPOS Solution Combines Human Touch With Efficiency

    In his vision for Fortina Italian restaurants, Rob Krauss saw a perfect combination of hospitality with expedience. His hostesses and servers would work in tandem to deliver service with a smile, with tableside orders going directly to the kitchen to accelerate food preparation and minimize waits. Customer information would be captured and stored for follow-up marketing.

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POS EVENTS

2015 Mobile Payments Conference August 31 – September 2 Chicago
BlueStar VARTECH September 14-18 Cococay
Money20/20
October 25 – 28
Las Vegas

ABOUT POINT OF SALE (POS) AND PAYMENT PROCESSING

Point of sale (POS) is the place where retail transactions are completed; where payment is exchanged for goods or services. POS is used in many retail industries and many require unique customizations to the hardware and software in order to accommodate their transactions. POS features include scanners, manual and electronic cash drawers, scales, EFTPOS terminals, handheld scanners, touch screens, and many other options. Modern POS systems often act as more than just a system to process transactions by providing inventory management, warehousing, CRM, financials, and more.

In addition to standard on-premise POS systems, modern POS software can be delivered from the cloud in the software as a service (SaaS) model. Cloud-based POS systems can be compatible with traditional POS hardware in addition to mobile devices such as iPads, iPhones, Android devices, and more. Cloud-based POS offers the ability to access data from anywhere there is an internet connection and normally offers faster setup due to it being run remotely.

Payment processing is done by payment processors which are often third party companies hired by a merchant to handle credit card transactions. Payment processors are broken down into two types: front-end and back-end. The front-end processors perform card associations, authorizations, and settlement services while back-end processors accept settlements from front-end processes and move money from issuing banks to merchant banks.

Modern payment processing is usually provided in the software as a service (SaaS) model, giving merchants a single simple electronic portal that allows them to process payments in various forms including recurring payments, web payments, checks, and more all in the same place.

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  • SATO GY412 Printer
    SATO GY412 Printer A direct thermal printer that simultaneously prints on both sides of a label; the printer has 2 thermal print heads. The thermal label media is coated on both sides using thermal technology.
  • UP Restaurant: POS Solutions For All Restaurant Businesses
    UP Restaurant: POS Solutions For All Restaurant Businesses

    UP Restaurant® is a complete Windows based POS solution that is perfectly suited for all fine dining, dine in, fast casual, and quick serve restaurants. This industry leading, next generation solution is powerful, reliable, and possesses all of the key features you need to run your restaurant efficiently.

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POS & PAYMENT PROCESSING MULTIMEDIA

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