In-Store Transaction Payment and
Value-added Services
In addition to payment, there is the need to deliver
and manage both transaction functions and value-
added services at the store level by leveraging
technologies to improve processor and merchant
communications that speed settlement, control
fraud and assist the merchant in building better
customer relations:
•
Retailers with dial EFT terminals want to offer
the same tender types as larger retailers
•
Software that enables merchants to convert
electronic payment types to the lowest possible
transaction cost during checkout
•
Check conversion solutions that eliminate
check handling in the store while speeding
customer checkout, settlement and improving
NSF check collection
•
Loyalty and Gift Cards solutions that eliminate
frequency program fraud, lower the cost of
implementing frequency programs, help better
merchant/customer relations and drive
incremental revenue
6.
INGENICO
An Industry Standard Network Using
Protocols Such as TCP/IP
The foundation of an open bankcard processing
environment is TCP/IP
to connect a number of different networks
designed by different vendors into a "network of
networks" (the Internet). These protocols deliver
services that everyone needs (file transfer,
electronic mail, remote logon) across a very large
number of client and server systems. TCP/IP is
designed to be robust. This design allows the
construction of very large networks with less
1
central management. TCP/IP is the protocol
on which the Internet and open network
communications are built.
2
. TCP and IP were developed