The Need For High Speed Communications; Settlement,Value-Added Services And Financial Services Of Processors And Financial Institutions - Ingenico Elite 510 Supplementary Manual

For the processor, financial institution, ISO
and merchant, the value of TCP/IP is immense
• Saves the processor long distance charges by
"piggy-backing" onto local Internet traffic
• Using IP, permits direct access to third party
hosts - a merchant can address many hosts
versus only one host
• Enables ISOs to deliver value-added services
to their merchant base that build merchant
relations while driving recurring revenue,
via thin client
• Positions financial institutions and processors
to implement interactive asset management,
remote diagnostics and remote downloading
of applications, files and encryption keys
• TCP/IP can be leveraged to interactively train
and update merchants
• Positions financial institutions and processors
to implement and merge Intranets, secure
Intranets, and merchant communications
• TCP/IP is unhindered by past proprietary
network investments by providing an open
and secure network
What If
In addition to collecting the batch, a processor collects
the terminal's error log that monitors the health of the terminal.
While analyzing the error log, the processor's computer systems
note that the printer is beginning to send NAC's. The processor
ships a new printer to the merchant without the merchant
knowing that there was an issue.
1 For additional information about Online Debit, please visit www.ingenico-us.com or www.ingenico-ca.com
2 Transport Communications Protocol/Internet Protocol
3 For additional information about TCP/IP and how it can benefit you, please visit www.ingenico-us.com or www.ingenico-ca.com

The Need for High Speed Communications

3 : In order to deliver value-added customer
services and to perform asset management,
communications flexibility and speed are
paramount. In the e
33.6 bps modem with TCP/IP provides fast
downloads of software enhancements and files as
well as "thin client" capabilities required to support
an open bankcard processing environment.
S
UPPORTING THE HOST-LEVEL
TRANSACTION AUTHORIZATION,
SETTLEMENT, VALUE-ADDED
SERVICES AND FINANCIAL SERVICES
OF PROCESSORS AND FINANCIAL
INSTITUTIONS
In addition to transaction authorization and
settlement functions, processors and financial
institutions must be positioned to deliver custom
value-added customer services and financial
services to the retailer. Those include:
• Network services
• Terminal asset management
• Loyalty and gift cards
• Receipt, signature and image management
N -Touch 3000, an integrated
7.