POS Acquiring

 

This solution is meant for companies that wish to establish relationships with local merchants and use SWITCHWARE® to support acquirer Point-of-Sale (POS) transactions at these merchant locations. SWITCHWARE® manages all transaction authorization and routing plus POS transaction totals and settlement with the merchants.

 

Highlights


Functions
:

  • POS transaction acquiring
  • POS terminal support including; Hypercom, Verifone, Radiant, Gilbarco Veeder-Root and Urmet
  • On-line authorization
  • EFT network interface for authorization
  • 3DES compliant
  • EMV smart card support
  • Surcharging per transaction
  • Terminal limits
  • Terminal totals accumulation
  • Settlement reports

 

Benefits:

  • In-house control and cost savings
  • Adheres to EMV security standards
  • Revenue generating opportunities

 

Related Information