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POS Payment
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Product and Service Offering

eCommerce Acquiring

POS provides full e-commerce processing services, which include authorization,
settlement, fraud screening and prevention, and chargeback processing. Our e-payment
services provide e-commerce merchants with secure and reliable transaction processing.
Their services are designed to support online businesses with a cost-effective system to
authorize, settle, and manage credit card payments through the Internet.

As more consumers move online to shop for good and services, merchants are expanding their core business to meet consumer goods and services. Merchants are expanding their core business to meet consumer expectations, and capitalize on the growth opportunity presented by e-commerce. Payment processing has become a critical component for businesses that want to accept credit cards as payment for goods and services online. POS provides webgeneration payment processing services that are easy to integrate and make it easy to begin processing transactions online.

From consumer to merchant to financial institution, our e-payment service includes all the
critical elements to manage the transaction process. POS has eliminated the need for
third party processors with a fully integrated processing service. Other payment services must pass transaction data to third party processors before a payment is settled--including additional fees each stop of the way. The comprehensive offering gives merchants a significant advantage in cost, reliability, and security.

Payment Plug-in

The POS payment plug-in for e-commerce servers provides a live link to transaction processing capabilities (e.g. authorization, settlement, and fraud control). Online businesses that use the payment plug-in can accept credit card transactions as payment for goods and process those payments automatically.

The plug-in is a lightweight software application that connects an e-commerce server to POS' Internet payment gateway. The gateway facilitates authorization and settlement with merchant banks, the issuing banks and the major credit card networks (Visa®, MasterCard®, American Express®, Discover).

Designed for ease of use, the plug-in delivers full e-commerce transaction capabilities in a small, easy to install format. Because it was built with technology based on open standards, the plug-in is easily integrated into industry standard e-commerce server platforms and financial systems infrastructures. Once installed, the plug-in transmits transaction data to the POS database to generate reports.

Important Features

In addition to credit card processing, POS e-payment services also include real-time
transaction activity reports and a highly effective fraud control system.

Easy and accurate reporting

POS offers 24-hour access to account information on a secure, password-protected Web
site. Because the POS database captures and displays transaction data in real-time, all
reports provide an accurate reflection of account activity. This powerful reporting mechanism
also allows searching and sorting by more than 20 points such as reference number, order
number, date, credit card number, and cardholder name.

Sophisticated payment protection

POS has a fully integrated robust suite of fraud detection reports with its software guarding all ecommerce transactions. The System constantly monitors account activity for suspicious transactions and data entry errors. Customers can be alerted to evidence of the misuse of card information, detected by such metrics as the verification of addressed, velocity of purchases, and bad card histories.

NEXT: eWallet

 

 
An ISO/MSP for MetaBank, 4900 S. Western Avenue, Sioux Falls, SD 57108; JP Morgan Chase & Co., 270 Park Avenue, NY, NY;
Key Bank National Association, Cleveland, OH Member FDIC