Verifone MX915 multilane signature capture terminal EMV POS solution

Verifone MX915 signature capture terminal

Verifone MX915 signature capture terminal.

CenPOS now supports the Verifone MX915 signature capture terminal with a variety of point of sale solutions. While most new terminals in the market are EMV ready, CenPOS is EMV live with this Verifone multilane terminal.

To boost EMV adoption, MasterCard offers incentives beyond the EMV liability shift.  To participate, merchants must deploy hybrid EMV terminals (support of both contact and contactless interfaces), and 75% of card present transactions must be on them .(reference MasterCard white paper http://www.mastercardadvisors.com/_assets/pdf/emv_us_aquirers.pdf)

The Verifone can be used standalone with a computer, high speed internet and the CenPOS virtual terminal, or integrated with POS systems, including open source ERP retail POS solutions like OpenBravo. Merchants desiring integrated connectors should contact 3D Merchant services; the connectors are generally not available in POS add-on marketplaces.

Why CenPOS?

  • Processor neutral
  • Least cost routing and interchange optimization reduces merchant fees
  • Reduce PCI Compliance burden
  • One gateway for all sales channels
  • Tokenization supported all sales channels, even retail and mobile
  • Level III processing in retail – if you have commercial account customers, this will save a bundle in fees
  • Scalable: Enterprise user and role management
  • Cloud based reporting for centralized accounting
  • Merchant defined risk & fraud management tools
3D Merchant Services Powered by CenPOS
2633 NE 26th Ave Metro South FloridaFL33064 USA 
 • 954-942-0483

Cheapest Multi-Lane Signature Capture Terminal Review L5200

multi-lane signature capture terminal l5200The Equinox L5200 is a reliable multi-lane terminal, and at a lower price than comparable Verifone and Ingenico signature capture terminals.

Over the years, our clients have used all the top three brands with varying reliability.  When buying a car, you can easily define good, better, best. That’s not so with multi-lane terminals.

Multi-Lane Differentiating Questions:

  • Will the unit fit in the space I have?
  • Do I have to get a stand for it?
  • Is the screen durable enough for my volume?
  • What is the cost of the extended warranty?
  • How long has it been in the market? (New product lines may have reliability problems.) Or, what’s been the reliability experience with similar customers?

The L5200 has a sister product, the L5300, which is basically the same product, but with a bigger screen. The L5200 is ideal for automotive, truck, distributors, business to business, and any retail locations desiring a reliable signature capture terminal, a small footprint, and not requiring an permanent stand.

Multi-lane Software: What will drive the units?

The L5200 can be used standalone with any virtual terminal that supports multi-lane, and with POS applications. For example, they can be used with CenPOS, a universal payment gateway with virtual terminal. Contact 3D Merchant Services for CenPOS connectors for open source ERP retail software such as OpenBravo.

CenPOS L5200 supported features include:

  • Contactless (NFC), including ApplePay, Google Wallet
  • P2PE (Point to Point encryption)
  • Pin debit
  • EMV ready (EMV certification imminent)

 

CenPOS certifies with Apple Pay and Google Wallet

cenpos payments logoCenPOS certifies with Apple Pay and Google Wallet, supporting the mobile payment technology on select multi-lane devices. Miami, FL (PRWEB) February 23, 2015.

CenPOS, a payment technology provider, today announced that it has certified Apple Pay and Google Wallet to its payment-processing platform. This new certification marks another milestone for CenPOS in its quest to provide their customer base around the globe with a rich payment acceptance offering. The Apple Pay and Google Wallet payment options are supported by CenPOS on the Verifone and Equinox multi-lane devices. Apple Pay and Google Wallet are transforming the mobile payment space for consumers and businesses alike by making it easy and secure for all parties.

The adoption of mobile payments continues to grow in record numbers. There are only 1.3 billion active credit and debit accounts globally, but considering that there are more than 5 billion active mobile phone accounts, there is potential for widespread application of mobile payments, according to Omlis, a global mobile payments solutions provider. Mobile transactions have almost doubled since last year, now accounting for 17% of transactions made. Juniper Research predicts that this trend will continue to rise and will reach 450 million mobile payment consumers by 2017. The global adoption of mobile payments is on an upward curve, but traction is dependent on consumers’ access to technologies, varying lifestyle choices, and economic factors.
“We are delighted to bring these new services to our clients and enable them to offer their consumers with new and innovative payment options” commented German Gonzalez CenPOS’s Co-Founder and Chief Technology Officer. “Today we are one of the very few payment processors in the US that is both EMV and 3D Secure certified. We continue to drive our products, services and solutions to meet merchant, consumer and partner needs. Our entire team is passionate about delivering value and value add services to our clients; more importantly, always being on the leading edge of technology”, added Gonzalez.
About CenPOS
CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information please call 877.630.7960.

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For CenPOS sales and software integrations, contact Christine Speedy, authorized CenPOS global reseller. 954-942-0483

Signature Capture Terminal for POS & ERP: Fraud Prevention

ingenico ISC250 & isc350 reset

Ingenico isc250 signature capture terminal.

When a customer is prompted for signature, the transaction is basically over. An authorization has been returned and the signature is for merchant records. As has been reported on 60 Minutes and other media, often cashiers don’t even look at the signature. That’s a mistake.

The signature is critical to merchant defense of disputed transactions.

From MasterCard Transaction Processing Rules, December 2014, “When a signature is obtained as the CVM for a POS Transaction completed with a Card (but not when a Contactless Payment Device is presented), the Merchant must compare the signature on the Transaction receipt with the signature on the Card to determine whether they appear to be the same. If the Merchant believes that the signature on the Card does not match the signature on the Transaction receipt, the Merchant must contact the Acquirer for instructions. The signature would not match if the name appearing on the Card’s signature panel is different from the name appearing on the Transaction receipt (for example, if the Card were signed “Jan H. Hanley” and the Transaction receipt showed “Bob Hanley” or “F. Hanley”). The signature would be acceptable if the Cardholder’s first and/or middle names is abbreviated on the Transaction receipt (such as J. H. Hanley) or if a title such as Mr., Mrs., or Dr. is missing or is included.”

For high dollar transactions, most merchants will run extra security, such as validating the last 4 digits of a card. Often cloned cards will not match the front digits with the magnetic stripe data. Here’s a recommended process to reduce credit card chargebacks for reason “It wasn’t me.”:

  • Cashier asks to see card.
  • Cashier types in last 4 and hold onto card.
  • Customer prompted for signature.
  • Cashier compares signature to actual name and style.  Force Reset and get another signature if not a match. Call processor if unable to match.

Need a solution for signature capture? We offer both integrated and non-integrated solutions, including for Ingenico, Verifone, and Equinox terminals.

Credit Card Processing in a Power Outage – Disaster Planning

Power outages have begun as a result of Blizzard Juno. While merchants and consumers should be home at this time, when the snow is done and people emerge to shop again, how will businesses manage accepting credit cards? The critical issues are power, telephone and internet access. Small to medium, and local retail businesses may especially lack the proper preparation.

“Sometimes a disaster is not the physical environment, but POS systems themselves,” according to Christine Speedy, a payments professional based in Florida. “A couple months ago, a client called because their 3rd party POS system went down and they were told it would be four hours before someone could bring a part to them. Luckily they had a plan B, which was to use our CenPOS mobile app with swiper that I’d recommended for hurricane season.

Backup internet access is critical:  Having multiple internet access methods is optimal so if one is down, there’s another option. For example, phone service may be down, but high speed cable internet up, or vice versa. It’s rare that phone, wireless phone and cable internet are all down at the same time.

Backup power:  How will you power devices, computers, lighting? A separate battery backup for computers can Power to recharge devices as well as power the store lights etc

Separate Point of Sale System (POS) from payments. If you can’t power your POS system, at least make sure you can accept credit card payments. Here’s some options to accept payments in a critical outage:

  • Call to a location in an unaffected area, and have someone key enter transactions into a virtual terminal. Have duplicate receipts ready for signature, and enter authorization code instead of imprinting card numbers.
  • Swipe on a mobile device
  • Call to a location in an unaffected area, and have someone send an einvoice to click and pay.
  • Text amount due and cell phone number of buyer to a location in an unaffected area, and have someone send an einvoice to click and pay.
  • Have an online pay page ready that you can refer customers to.

There’s lots of ways to be prepared, from keeping P2P encrypted card readers on hand to holding drills during slow times to test systems and readiness.

Paper backup plan: A backup plan in a computer is not very helpful if no one can turn the computer on to see the plan. Store the backup plan in notebooks in multiple locations, including off site.

Need a mobile reader as a backup? Ask about our P2P readers to ensure they’re safe and secure until you need them.