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