Here’s a sneak preview of two innovations that will improve your EBITDA in 2012 with very little effort by your legal staff. The first improves billable time data capture and the second enhances payment acceptance with a flexible PCI Compliant solution, while mitigating risk.

Capture more billable time with a new innovative mobile time tracker that enables you to capture and assign billable time by matter code and client. A key feature is the pop-up on incoming calls; when you hang up, you can immediately assign the call to a client for billing and even enter notes. The length of call is prefilled for you. This data is all accessible back in the office via a web based dashboard.

Expense record on mobile device. Assign and submit billable/ reimbursable expenses on the go.

Our  innovative payment gateway works with your existing payment processors, creating numerous efficiencies, increasing cash flow, and reducing the cost of payment acceptance. Partners will have unprecedented access to client billing and payment data based on permissions granted. Clients will have new ways to receive invoices and make payments. Finance staff will have tools to automate processes and control payment processing costs. You’re in control of the most flexible, scalable payment solution available today.

We’ve been too busy bringing clients on board to create comprehensive marketing materials; technology is ready for immediate implementation. Payment Modules include: virtual terminal, batch upload, Electronic Bill Presentment & Payment (EBPP), Dashboard Reporting, report writer, shopping cart and pay page.

Legal Payment Brochure (pdf Download) . This one page document will be updated in the future.

Join clients listed in the 2011 U.S. News – Best Lawyers ‘Best Law Firm’ Rankings. Contact us now to find out why they chose our technology.

1. How will your virtual terminal help my business manage credit card processing fees?
2. How long is transaction data stored for?
3. Can I perform a zero dollar authorization to see if card is good and then bill my client later?
4. If I want to also accept payments with a card reader, including on a cell phone, will I get retail interchange rates?
5. What happens if a card on file is expiring?
6. Do you accept credit and debit cards and checks?
7. If I change vendors, can I extract stored payment data?
8. Can I block prepaid debit cards?
9. Can I store both credit/debit and check data, for variable amount recurring billing?
10. How will you protect my company from internal fraud?

Our own answers using the CenPOS Virtual Terminal:

1. CenPOS helps your business manage credit card processing fees with proprietary patent pending least cost routing and interchange optimization technology. The CenPOS VT isn’t just a web page with fields to fill in. It’s the hub for all payment entry points whether mobile, retail, ecommerce, or web. It’s an intelligent switch that makes decisions on the fly for you, removing people, software, and hardware limitations and errors from affecting your payment processing costs. Other virtual terminals have fixed fields to fill in. CenPOS data fields appear and disappear based on many factors, including how the payment information is being received, and  fraud control settings you manage.
2. All data is store for 7 years.
3. Yes, CenPOS supports zero dollar authorization; check with your processor to make sure they support it.
4. Yes, CenPOS proprietary switching technology automatically presents the correct data required to qualify for the best card not present or retail interchange rates. Additionally, this switching mitigates dispute risk by collecting and storing signatures, if required. If you offer pin debit, CenPOS will automatically prompt the consumer for their pin number, converting 76% vs national average under 25% in 2010. ALERT: if your business is mostly card not present, and you add a phone with credit card reader, for most virtual terminal solutions, you’ll have the signature as a benefit for sale, but unless you get a separate retail merchant account, you’ll still pay MOTO rates (card not present), which can cost 1% more.
5. CenPOS will automatically notify customers with an email address on file beginning 60 days prior to expiration. Merchants can also see a list of expirations, dynamically sort/search them, and even export them if desired.
6. Yes, CenPOS supports almost any payment method. CenPOS is future proof and will support all new payment types. Updates are virtually every month with no disruption to merchants or added costs.
7. No, you cannot extract stored payment card information. CenPOS is a PCI Compliant solution that uses both encryption and tokenization for maximum protection. If you can extract it, can the data really be that safe?
8. Yes. Membership, installment, and recurring billing merchants usually need this feature.
9. Yes. You can even print out a form with the merchant token ID and the last 4 digits that the customer can sign- replaces faxed forms with exposed card data.
10. There are numerous ways CenPOS protects merchants from internal fraud, a rising crime problem that often goes unnoticed for years, especially when a trusted, high-level employee is involved. In addition to micromanaging user permissions, and what types of transactions are even allowed, merchants can create real-time automated alerts. Additionally, the report writer provides endless opportunities for multiple executive staff member notifications of any payment aspectyou wish to track. For example, a daily email with all refunds, with credits without offsetting debits, with daily sales, with all refunds over a certain dollar amount, or with all refunds by specific employee.  By controlling access permissions, and how data is delivered, you can eliminate number fudging by a crafty employee.

    

CenPOS, an innovative payment processing platform and gateway, now supports Ingenico Telium based terminals. The new Telium line replaces the popular Ingenico i3070 and i65xx, including the i6580, which are are approaching their end of life cycle.  The Telium based terminals support various forms of multimedia and have a vibrant display that can be used for flashing advertisements and other forms of messaging at the point of sale.

Looking forward to future payment acceptance methods, including NFC, the Telium series supports:

• Smart card reader
• Magnetic card reader
• Contactless reader

CenPOS Supported Telium terminals:

iSC250/350 http://www.ingenico-us.com/isc350-isc350_28.html?lg=US&productId=150

Ingenico isc350

iPP320/350 http://www.ingenico-us.com/ipp300-series-pin-pad-ipp300-series_28.html?lg=US&productId=156

The i6560 and i6580 are all-in-one terminals. The pin pad is built into the device. The pin pad is a separate device for this new solution. There are pro’s and con’s to the two piece, but in a busy retail environment, the benefits outweigh a single piece by far.

• Every retailer can probably recall a time where their terminal pin encryption was blown due to power surge or other reasons. Because the injection can only be completed at an approved secure facility, this meant sending out their entire unit for a period of time for repair.  That’s an expensive asset to have out of commission. Now merchants can simply send the pin pad out for repair.
• When a merchant changes payment processors, they need a different pin injection. The two piece solution enables merchants to send out the pin pads for injection without shutting down operations, providing more long term flexibility.

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3D Merchant Services provides terminals at wholesale prices to all CenPOS clients.

About CenPOS : “Creating efficiencies through payment innovation”Founded in 2009, Miami-based CenPOS is a payment technology provider committed to providing its customers and partners with innovative solutions for today’s rapidly evolving consumer payment choices. CenPOS is an intelligent payment-processing network that streamlines the payment experience for businesses and consumers by using state-of-the-art technology to replace inefficient, outdated payment systems.

CenPOS sales: Christine Speedy direct (954)942-0483, HQ (305) 630-7960, or toll free: (877) 630-7960.

“My client is currently using CenPos as their virtual terminal and I honestly have not heard of them before. I am wondering if this can be integrated with the Ecommerce Template without too much trouble.”

The CenPOS API can be integrated with Ecommerce Templates and many other shopping carts.  There are multiple implementation options so the amount of time depends on your specific needs and your skill level. We can provide a payment object that you can apply in 10 minutes. Or you can use our API. Integration can be done in 1-8 hours in most cases, usually less than 4.

The current API can only be obtained from authorized personnel.  Do not attempt to use any file from any other source as there is no guarantee of file reliability, accuracy, or security.

Why haven’t you heard of CenPOS? Quite simply, we’ve been quietly building market-share without any promotion as part of our marketing strategy. CenPOS users now include:

• 5 of the top 30 Auto Dealers in the US (2010 Wards)
• 1 of the top 10 cellular providers
• Clients at 5 of the top 5 US Acquirers

CenPOS has been built from the ground up to be multi-platform and processor agnostic. There has been nothing on this level in the marketplace before for the mid-size business, our core target market.

Key differentiators from the other well known gateways, including authorize.net, Payflow Pro and Orbital:

• Interchange optimization automatically optimizes for lowest cost to process any credit card type. This is crucial and entirely unique.
• Payment acceptance flexibility: Payments accepted via retail, ecommerce, MOTO, mobile, web page, EBPP, batch and just about any way you can imagine.
• Mitigates risk of internal and external fraud with built-in micro management tools and alerts.

So we can focus on our core business of continually developing the worlds most advanced payment processing gateway, we’re actively seeking developers and VARS to create integrations. With our exploding growth, your experience as a CenPOS integrator will help you attract new customers.

Please contact us for the current API, integration questions, or for more information. Please note, we offer both a referral program and an reseller program.

Have you ever needed to check if a credit or debit card is valid, but you don’t want to authorize or charge yet? We’ve added a new feature for our CenPOS Virtual Terminal called Positive Card. CenPOS will go out to the networks with a zero authorization amount to validate the card with the issuer prior to being stored.

REVIEW OF ENCRYPTED PAYMENT STORAGE OPTIONS NOW AVAILABLE:
Positive Card- validates card. Merchant validate CVV, address and zip code passes fraud check and decide whether the answers are acceptable before storing. Why would you accept a card if it doesn’t pass everything? Only Canada and the UK participate in AVS check; If you know your customer, you may wish to allow the card anyway. This feature allows you to enter a card, then make an educated decision as to whether you want to store it for recurring billing.
Repeat Sale- Offered for check/ACH and credit/debit. Process a transaction and it creates a new token to use for future sales transactions. CVV not allowed per PCI Compliance. Later, check the Token Box, enter the Token ID, amount and invoice #. That’s it.
Recurring Payments Module: Offered for check/ACH and credit/debit. Set up client contracts and store multiple cards, payors, and payment methods for a single account. Regardless of where a token was issued (resale, recurring, positive etc) the token is the same for all.
Securely store any payment type for variable amount token billing or fixed recurring billing.

FAQ:
How do I get this feature? Administrators login to the Virtual Terminal and turn on for each user you want to have access. (This also applies to the other options.)
Will this also validate checks? No, It resides in the credit/debit. If you have a need, let us know.
Are there fees? Yes. 6/14/11 MasterCard charges $.03 for this service, effective with their announcement to support zero auth address verification (AVS), card verification code 2 (CVC 2) validation or both. Expect similar fees on all networks now or in the future. Standard CenPOS per transaction fees apply.
Can we use tokens for the EBPP/ E-invoice service? Not yet, but it’s in development. Currently customers will click the email and enter payment information for each invoice.

The tools are in place for you to eliminate faxed authorization forms that expose payment data and reduce PCI Compliance scope. If you need help using the features or how to deliver the token approval form for signature to your clients, please do not hesitate to call.

SCOTTSDALE, AZ September 30, 2011 – Hypercom USA, a leading payment terminal manufacturer and secure software developer, today announced it has formally changed its corporate name to Equinox Payments, LLC. In addition to selling new Equinox terminals, software and services, the company will continue to support Hypercom-branded products in the U.S.

“Equinox payment terminals sit at the intersection between the physical store and the virtual world of payment processing where our products achieve a balance between robust devices and secure applications,” said Equinox President Clint Jones. “The name Equinox embodies our strategic vision for the company: industryleading hardware complemented with industry-leading software.”

Equinox manufactures, sells and supports all payment terminals and peripherals previously offered in the United States by Hypercom, including the T4200 countertop, M4200 mobile and L5000 customer-activated product families, as well as all software, terminal management systems and other services related to these products. Equinox also offers the L4150 and L5000 payment terminal series to U.S.-based large retail customers for certain international applications.

“With the recent proliferation of alternative payments, we are experiencing increased demand to load, host and manage third-party applications on our devices,” said Will Rossiter, SVP Sales and Marketing. “Our EMV and contactless products, such as the L5300 and L5200 customer-activated devices, act as a platform to support merchant and customer-facing applications, such as digital wallets and other near-field communication offerings—all with an emphasis on security.”

Former Hypercom USA product names will remain unchanged, but will be branded Equinox or co-branded Equinox and Hypercom. Equinox will maintain the Hypercom USA brand for an extended period of time to reinforce Equinox’s continued support of Hypercom-branded products and services in the U.S.

About Equinox Payments, LLC

Equinox Payments, headquartered in Scottsdale, Arizona, is a leading payment terminal manufacturer and related secure software provider. Through its commercial offices in the United States, Latvia, Manila and Australia, and a service repair facility in Mexico, Equinox’s more than 200 employees deliver secure payment terminals, applications and services to hundreds of thousands of merchants. Equinox is a portfolio company of The Gores Group, LLC. For more information, please visit www.equinoxpayments.com.

About The Gores Group, LLC

The Gores Group, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm’s operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, which was founded in 1987 by Alec E. Gores, has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. The firm’s current private equity fund has committed equity capital of more than $4 billion. Headquartered in Los Angeles, The Gores Group maintains offices in Boulder, CO, and London. For more information, please visit www.gores.com.

Visa is announcing plans to accelerate the migration to contact and contactless EMV chip technology in the United States. The adoption of dual interface chip technology will help prepare the U.S. payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions.

Not only will chip technology accelerate mobile innovations, it is also expected to secure payments into the future through the use of dynamic authentication. Chip technology greatly reduces a criminal’s ability to use stolen payment card data by introducing dynamic values for each transaction. Even if payment card data is compromised, a counterfeit card would be unusable at the point-of-sale without the presence of the card’s unique elements. By eliminating static authentication, we reduce the value of stolen cardholder data, benefiting all stakeholders.

Visa’s plan includes merchant incentives to upgrade to EMV chip-enabled terminals, requirements for acquirer processors to support chip acceptance and the introduction of U.S. liability shift policies. Specifically, Visa will waive PCI DSS compliance validation requirements to encourage merchant investment in contact and contactless chip payment terminals. Visa will also require acquirer processors to ensure their systems support dynamic data acceptance, i.e., chip, and will institute a domestic and cross-border counterfeit liability shift.

Infrastructure Upgrade and Dynamic Authentication Benefits
The adoption of chip technology based on global standards will help prepare the U.S. payment infrastructure for the arrival of Near Field Communication (NFC)-based mobile payments, given that the underlying processing infrastructure and required back-end systems are the same as for EMV chip cards. Additionally, in a card- present or physical POS environment, EMV chip technology has proven to be the most effective and broadly adopted dynamic data authentication solution available in the marketplace today.
EMV chip technology is already being used around the world to facilitate contact, contactless and mobile payments, and has been leveraged for emerging complementary services like public transit, Internet and mobile banking. Based on extensive research and the positive experience expressed by many major countries, Visa will promote the broad adoption of EMV chip technology in both contact and contactless / mobile form factors for card-present transactions across all markets, including the U.S.
As the POS payment infrastructure continues to evolve from the static magnetic stripe to intelligent devices such as EMV chip cards and NFC mobile phones, it is critical to ensure that cardholders can continue to make convenient, secure and reliable payments for card-absent transactions as well.
Visa’s new digital wallet with “click-to-buy” functionality will be able to support dynamic authentication across multiple channels, including the e-commerce environment.

Visa will also enhance intelligent network-based fraud detection tools, such as Visa Advanced Authorization, to complement dynamic and risk-based authentication methods.
Visa Public 1
Roadmap for U.S. Migration to Dynamic Authentication Solutions
Visa’s plan to encourage U.S. adoption of dynamic EMV chip authentication technology includes the following three initiatives:

1. Expand the Technology Innovation Program (TIP) to merchants in the U.S. For more information, refer to the 9 August 2011 Visa Bulletin “Visa Expands Technology Innovation Program for U.S. Merchants to Adopt Dual Interface Terminals.”
2. Build the processing infrastructure for chip acceptance by establishing a U.S. acquirer processor EMV chip processing requirement. For more information, refer to the 9 August 2011 Visa Bulletin “Visa Sets U.S. Acquirer Processor Mandate for Chip Transaction Processing.”
3. Establish domestic and cross-border POS counterfeit liability shift policies. For more information, refer to the 9 August 2011 Visa Bulletin “Visa Announces U.S. Participation in Global Point of Sale Counterfeit Liability Shift.”

Over the coming months, Visa will provide technical guidance to issuers, acquirers, processors and merchants to support payment system participants as they execute these actions.
While stakeholders collectively prepare for the future, Visa will continue to secure the current payment environment by:

• Providing effective network-based risk management services, like Visa Advanced Authorization and Transaction Alerts
• Ensuring that all participants do their part to protect sensitive cardholder data by, at a minimum, complying with Payment Card Industry Data Security Standards (PCI DSS)
• Evaluating and promoting new security solutions, such as encryption and tokenization, as they emerge. Next Steps

Over the coming months and years, Visa will make adjustments to its products, operating regulations and security programs to help consumers, issuers, acquirers and merchants adopt dynamic authentication solutions. This effort will also require the participation of many key entities; Visa is committed to working with its stakeholders to further develop the industry’s U.S. and global roadmap to adopt EMV chip technology.

Download PDF of this Visa 2011 Chip Migration & Mobile Payments Merchant Bulletin