VeriFone Introduces Web-Based Payment Processing Solution

Friday 18 March 2005 18:44 CET | News

VeriFone, has launched IPCharge, a Web-based hosted payment processing solution that merchants can use to process payments quickly, securely and cost-effectively.

Designed for resale by Independent Sales Organizations (ISOs), IPCharge accommodates card-present, mail-order/telephone-order (MOTO), Web and ecommerce transactions and can be used by any merchant with Internet access. IPCharge is a hosted service that ISOs and other value-added resellers (VARs) can provide to merchants to securely process payments in real-time over the Internet. The service is designed to support all major payment types, including credit, PIN-based debit, electronic checks, and gift/loyalty card transactions. IPCharge supports multiple bank processors, varied connectivity methods and can be offered as a total solution Virtual Terminal or integrated with electronic cash registers or point-of-sale (POS) terminals. IPCharge enables merchants to operate multiple business segments -- Web site, eCommerce, card-present, etc. -- through a single payment solution and can be integrated with existing ECR- or POS terminal-based solutions. As a hosted thin client payment solution that adheres to Payment Card Industry (PCI) Data Security Standards, IPCharge can be set up within minutes to provide merchants with a secure payment processing solution that handles and protects cardholder data. IPCharge complements a range of VeriFone solutions, including PC- and server-based products. Resellers can offer a full range of products and services through a single vendor and create a new stream of revenue by private labeling the IPCharge service to increase brand awareness and loyalty. IPCharge integration is simple and server-side maintenance keeps the resellers application up-to-date and compliant with card association and processor regulations. Application developers can integrate IPCharge to develop recurring revenue opportunities. A Universal API ensures easy and flexible integration with a write-once interface eliminates the need to write additional code to suit the needs of different merchants. IPCharge utilizes a premier data center with no single point of failure to ensure reliable performance and is certified with a wide range of authorization networks.

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

Payments & Commerce