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Verifone and YESpay Gain Barclaycard Approval

Tuesday 12 April 2005 09:54 CET | News

VeriFone and YESpay, have received a full Barclaycard Business approval for YESpay’s end-to-end Chip and PIN bureau service, EMBOSS, with VeriFone’s SC 5000 secure consumer-facing payment solution.

YESpay’s EMBOSS helps retailers migrate their existing EPoS estates to Chip and PIN at a cost equivalent to a bank-owned terminal. Hosted at Transaction Network Services (TNS), the IP-based bureau service provides high-speed authorisation and settlement of credit and debit card transactions, and is now available with VeriFone’s SC 5000 – the fastest, easiest way to upgrade terminals or EPoS to an EMV-compatible solution. EMBOSS supports a variety of connectivity options and, using ADSL and high-speed IP-based connectivity, offers much faster transaction times than standard PSTN dial-up – typically just two or three seconds – without requiring a separate phone line, line rental or call charges. The SC 5000 incorporates a number of high security features to raise the level of fraud protection for card present transactions. It is designed to meet all the latest global payment industry security standards, is PED approved and EMV Level 2 certified.


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