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.
POS & PAYMENT PROCESSING MAGAZINE ARTICLES
4 Steps To Raising The Payment Processing Sales Bar
Finding new ways to differentiate its POS solution and payment processing services is key to this company’s year-over-year double-digit growth.
4 Technologies Every Restaurant IT VAR Should Be Selling
Learn why mobile technologies, fixed tablets, and digital signage should be a significant part of your business plan.
Create Unique Printing Applications For Specialty Retail
This solutions provider created a custom shelf labeling system that can now be sold to its grocery customers.
POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY
Why You Should Take The Time To Implement EMV With Layered Security
October marks the liability shift date, when the four major credit card brands, Visa, MasterCard, Discover, and American Express, will begin shifting the financial liability for credit and debit card fraud to organizations that do not support EMV chip cards.
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
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
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?”
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.
RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES
The Trends And Benefits Of Smart Card And Biometric Security Devices
Everyone is concerned with digital data security today, in one way or another. For every digital advancement, there seems to be a counter development to breach its security. The trust and etiquette that once governed the use of the old telephone party lines would serve us well today, but we cannot count on such protocol for today’s data and communication devices. Additional protection is needed.
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.
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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FEATURED POS & PAYMENT PROCESSING PRODUCTS
SATO CG Series With superior performance and affordable price, these 2" or 4", 203 or 305 dpi, direct thermal/thermal printers are best in their class. The SATO CG Series models are delivered stock out of the box with competitive emulations onboard, optimal interfaces (built in USB standard), and an anti-microbial casing for outstanding performance in clinical and processing environments.
APG Cash Drawer Interface Products
Continually developing connectivity solutions to satisfy the ever-changing environments of the Point-of-Sale (POS) market, APG currently offers a broad range of robust, easily connected interface options that compliment our cash drawers and connect to virtually every POS system and receipt printer on the market.
Harbortouch POS Elite combines state-of-the-art software with top-of-the-line hardware to deliver a high quality POS system that is unmatched in both reliability and usability.
Our gift card service is designed to help you generate new revenue, increase exposure of your brand, and manage gift card sales for one store or an entire chain.
POS & PAYMENT PROCESSING MULTIMEDIA
TSYS: Semi-Integrated Solutions Can Help Your Clients Be EMV-Capable By The Liability Shift
In this Business Solutions podcast, Bill Lodes, director of development partnerships at TSYS Merchant Solutions, explains semi-integrated EVM solutions. There are two options to achieve EMV certification. One option involves a solutions provider programming EMV-capable transactions into its own software, a process that can take 6 to 8 months.
Retail VARs Will Learn “E-Myth” Principles From Author Michael Gerber At RetailNOW 2015
In anticipation of his presentation scheduled at Retail Solutions Providers Association (RSPA) RetailNOW on August 3 in Orlando, Michael Gerber, author of best-seller The E-Myth Revisited and five other E-Myth books on the topic of small business and entrepreneurship, speaks with Business Solutions magazine president and RSPA Chairman Jim Roddy in this exclusive interview.
Podcast From ScanSource Partner Conference: Customer Experience, EMV, As-A-Service Are All Opportunities For VARs
Paul Constantine, president of ScanSource POS and Barcode North America, and Jim Roddy, president of Business Solutions discussed topics including enhancing the customer experience, the opportunity EMV presents to VARs, and transitioning to managed services at the ScanSource Worldwide Partner Conference for POS and Barcoding, March 16-18.
ScanSource Services Group Goal: "Total Solutions Provider" Support
Mike Burns, president of ScanSource Services Group, met with Business Solutions president Jim Roddy at the ScanSource Worldwide Partner Conference for POS and Barcoding, March 16-18, to explain how the group works with ScanSource partners to complement their businesses.