Chockstone Team with Hypercom

Wednesday 21 April 2004 10:03 CET | News

Chockstone has teamed with Hypercom and released Chockstones ChockBox application suite on the Hypercom ICE 5500 card payment terminal. The payment solution will combine Chockstones stored value application with Hypercoms smart, fast and easy-use payment technology to support credit/debit, electronic gift, loyalty and promotions marketing transactions at the point-of-transaction for the quick service restaurant (QSR) industry. Supporting Chockstones stored value program on Hypercoms card payment terminals helps high-volume, multi-unit quick service restaurants improve customer service, track customer visits and promote and reward in real-time without the expense of purchasing a dedicated system. The combined offering of payment, gift card, loyalty and promotions marketing programs provide merchants with a competitive differentiator to help them attract and retain customers. Chockstone currently processes millions of QSR stored value cards via Chockstones integrated platform, ChockPoint. ChockPoint enables retailers to combine payment, loyalty and promotional programs through a single consumer card. With one retail-branded card, consumers draw down gift card dollars, earn loyalty points, and redeem these points in real time. Additionally, QSRs instantaneously deliver promotions based on historical transaction behavior at the POS.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce