Introduction - Ingenico Elite 510 Supplementary Manual

I
NTRODUCTION
This paper introduces the merchant bankcard
industry to the attributes and value of an open
bankcard processing environment. An open
bankcard processing environment provides
significant benefits to financial institutions,
processors, ISOs and merchants:
• Lowers processor, financial institution and ISO
support and operational costs by standardizing
EFT POS terminal application support and
development.
• Provides the ability to seamlessly integrate new
payment types and terminal technologies into
your merchant terminal offerings.
• Provides the ability to leverage existing
solutions to open new market opportunities for
enterprising processors, financial institutions
and ISOs.
• Provides the ability to introduce and effectively
market value-added solutions to your merchant
base that drive incremental revenue and
customer loyalty for the merchant and recurring
revenue to you.
• Supports and enhances the payment function
at the point of service – faster customer
service, improved ease of use, security and
management of the terminal asset.
2. INGENICO
This paper presents the components of an
open bankcard processing environment while
also discussing how touch screen, TCP/IP and thin
client technologies can provide added benefit to
financial institutions, processors, ISOs and
merchants. It is brought to you by the leader in
secure transaction solutions, Ingenico.