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Category Archives: merchant account Q&A

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ICVerify End of Life Announcement – First Data

Posted on June 17, 2015 by Christine Speedy
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Official First Data support notice regarding ICVerify End of Life. I misplaced the merchant letter, but this is the published support notice in entirety.

You may be aware of the changing payment landscape — security parameters changes, liability shift with EMV technology, and ongoing cloud-based solutions.

First Data is committed to delivering powerful, up-to-date technology solutions to our clients. In 2001, we introduced our ICVerify software which has now grown obsolete in this environment. As a result, we will discontinue product development and stop supporting ICVerify.

Please note and be aware of the following important dates and business implications:

Effective Immediately – End of Sales & Development

  • We will no longer take orders or ship new ICVerify licenses for customers. This includes any additional services such as new MID / TIDs or adding users to existing licenses.
  • There will be no new development for the ICVerify product. This includes development work requested as a result of a support issue.
  • Support contracts will not be renewed. This includes contracts for Level 1 integration support, as well as Level 1 support agreements.

June 30, 2016 — End of Support Date

  • First Data will discontinue support for the ICVerify product. Up until this date, we will continue to offer both leveland level 2 telephone support for existing users.

First Data will honor valid ICVerify support contracts for customers that have purchased annual support, prior to the date of this letter, through the end of their annual term. For any additional questions about ICVerify or other solution needs, please call 1-800-538-0651.

First Data keeps pace with your evolving business needs by providing a full range of products and services. All day, every day, First Data helps its clients thrive in the evolving world of commerce.

##

ICVerify users typically paid a one time fee and then used the software forever. Now, merchants will need to use a payment gateway, and will incur a per transaction fee.

  • Option 1: use payment gateway from existing merchant services provider. Pros: it might be free. Cons: The average merchant changes processors every three years so business will be disrupted again later. The gateway directly impacts interchange rate qualification and the provider may have limited tools to help automate qualification.
  • Option 2: use independent payment gateway and keep existing merchant services provider.  Pros: Get exactly what you need for all sales channels, reducing PCI Compliance burden, increasing efficiency, security and profits. Cons: It might or might not cost more, though expenses are likely to be offset by other benefits, including better interchange rate qualification, which will more than offset the differential. Examples: CenPOS, authorize.net. CenPOS is a better solution for larger merchants, B2B, multi-location, and omnichannel businesses.
Posted in industry news, merchant account Q&A | Tagged first data, icverify, payment gateway | Leave a reply

PCCharge End of Life Notice -Verifone

Posted on April 23, 2015 by Christine Speedy
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payware pcchargeApril 23, 2015, Verifone, Inc. PCCharge End of Life Notice
Dear Customer:
Thank you for choosing Verifone as your trusted payment solution provider and for
previously purchasing our PCCharge payment solution. As the payment landscape
evolves and security parameters change, along with the new EMV liability shift, Verifone
is committed to continue delivering powerful new, up-to-date solutions and technologies
to our clients. As these changes occur, Verifone is committed to work alongside our
clients to prevent or minimize any disruptions in your payment processing. As part of
this End-of-Life (“EOL”) notification for PCCharge, you will find important dates to
remember below.

The plan in place is as follows:
Final Order Date: After May 1, 2015, Verifone will no longer take orders for new
PCCharge licenses for new customers. Existing customers may elect to purchase new
MID/TIDs or add on services to existing licenses through September 24, 2015.
Final Shipment Date: After May 7, 2015, Verifone will no longer ship orders for new
PCCharge licenses. Verifone will ship to existing customers electing to purchase new
MID/TIDs or add on services to existing licenses (as set forth above) no later than
October 1, 2015.
End of Development Date: Effective immediately, there will be no new Verifone sponsoredsoftware development with respect to PCCharge.
End of Support Date: Effective October 1, 2015, subject to the following
paragraph, Verifone will no longer provide support for PCCharge. Until October 1,
2015, support will be limited to phone troubleshooting and suggested changes to
configurations or third party components in PCCharge; support will not extend to product
code changes.

Verifone will honor valid support contracts for PCCharge for customers that have
purchased annual support prior to the date of this letter, which support will be provided
through the end of their then current annual support term and will be limited to phone
troubleshooting and suggested changes to configurations or third party components in
PCCharge. However, all such support contracts shall not be renewed and by this letter
Verifone is providing you with notice of non-renewal or termination, as applicable.
We have a team available to work closely with you, and assist you in developing a
migration plan to new products that will support the growth of your business.
Please take advantage of this opportunity to submit any final orders for new MID/TIDs or
add on services by the Final Order Date. Please also pay attention to the Final Shipment
Dates as Verifone will not be able to accept any orders for PCCharge or new MID/TIDs
or add on services that specify a delivery date after the applicable Final Shipment Date.
Thank you for choosing Verifone solutions. We look forward to speaking with you about
your last-time-buy needs and discussing new additions to Verifone’s growing portfolio of
POS products. Should you have any questions, please contact your local sales office or
call 800-725-9264. Thank you for your continued partnership.
Sincerely,
Product Management, PCCharge

###

PCCharge users typically paid a one time fee and they used the software forever. Now, merchants will need to use a payment gateway, and will incur a per transaction fee.

  • Option 1: use payment gateway from existing merchant services provider. Pros: it might be free. Cons: The average merchant changes processors every three years so business will be disrupted again later. The gateway directly impacts interchange rate qualification and the provider may have limited tools to help automate qualification.
  • Option 2: use independent payment gateway and keep existing merchant services provider.  Pros: Get exactly what you need for all sales channels, reducing PCI Compliance burden, increasing efficiency, security and profits. Cons: It might or might not cost more, though expenses are likely to be offset by other benefits, including better interchange rate qualification, which will more than offset the differential. Examples: CenPOS, authorize.net.

Contact 3Dmerchant.com for assistance to replace PCCharge with a payment gateway.

Posted in industry news, merchant account Q&A, Payment Gateway | Tagged payment gateway, PCCharge, verifone | Leave a reply

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