Introducing Instant EMI Solution for 0% Financing Offers
Manufacturers can drive incremental sales by launching an attractive real-time EMI offer on White Goods, Consumer Electronics, Travel Packages and much more
Plutus – a Point-of-Sale credit/debit data capture and authorization software for Windows™ and Linux based PCs and POS systems. Plutus utilizes existing PC equipment and infrastructure to bring credit card processing functionality to the merchant’s Electronic Cash Register.
The document summarizes an instant EMI solution that allows manufacturers to offer 0% financing offers at point of sale to drive incremental sales. It works by integrating with a merchant's POS to authorize EMI transactions in real-time based on rules set by the manufacturer, such as by product, store, or transaction value. The transactions are settled directly between the credit card issuer and manufacturer. The solution provides control, reach, and reporting benefits for manufacturers while enhancing the customer experience.
Plutus is a PC-based card processing solution that replaces traditional EDC terminals. It allows merchants to accept all major payment types through their existing PCs and offers several advantages over EDCs:
1) It eliminates telecommunication costs associated with EDCs by using existing internet connections instead of dial-up.
2) It streamlines operations at the point-of-sale by automating tasks, integrating with billing systems, and allowing faster transactions.
3) It allows merchants to centrally manage transaction routing rules to optimize costs, without relying on individual cashiers.
4) It facilitates transaction aggregation, settlement and reconciliation through centralized reporting and interfaces.
Computerized banking system is a proven, secure, modular, on-line, real-time, flexible, scalable, multi-currency. It is user friendly, easy to manage, and easy to operate information system, based on fully integrated and co-operative components.
Eva Contactless Position Paper October 2009 FinalRoberto Grossi
The EVA, made up of 18 national vending associations and 58 companies, is hoping to follow the lead of US counterpart, NAMA, and encourage the introduction of contactless payments at machines.
The position paper is aimed at credit card companies and banks and hopes to "break the deadlock" with financial institutions on transaction costs, a major barrier to the introduction of the technology.
Core banking systems : by yogesh khatriyogesh khatri
Core banking allows customers to access their bank accounts and perform basic transactions from any member bank branch through networked computers and telecommunication technology. Before core banking in the 1970s, transactions would take at least a day to be reflected in accounts as each branch had local servers and data was sent to central servers daily. Now most banks use core banking applications so all branches can access centralized data centers in real-time.
AME-1936 : Enterprise Messaging for Next-Generation Core Bankingwangbo626
- The document discusses enterprise messaging solutions for next generation core banking systems. It addresses four key challenges: maximizing return on investment, enabling new business adoption, achieving extreme performance and scalability, and meeting other special requirements.
- For each challenge, the document outlines requirements and proposes approaches. Solutions discussed include using IBM MQ for universal connectivity, mobile push solutions based on MQTT/Messagesight, MQ deployment on cloud, and MQ performance tuning for active-active configurations. The document emphasizes balancing technical and business requirements.
Plutus – a Point-of-Sale credit/debit data capture and authorization software for Windows™ and Linux based PCs and POS systems. Plutus utilizes existing PC equipment and infrastructure to bring credit card processing functionality to the merchant’s Electronic Cash Register.
The document summarizes an instant EMI solution that allows manufacturers to offer 0% financing offers at point of sale to drive incremental sales. It works by integrating with a merchant's POS to authorize EMI transactions in real-time based on rules set by the manufacturer, such as by product, store, or transaction value. The transactions are settled directly between the credit card issuer and manufacturer. The solution provides control, reach, and reporting benefits for manufacturers while enhancing the customer experience.
Plutus is a PC-based card processing solution that replaces traditional EDC terminals. It allows merchants to accept all major payment types through their existing PCs and offers several advantages over EDCs:
1) It eliminates telecommunication costs associated with EDCs by using existing internet connections instead of dial-up.
2) It streamlines operations at the point-of-sale by automating tasks, integrating with billing systems, and allowing faster transactions.
3) It allows merchants to centrally manage transaction routing rules to optimize costs, without relying on individual cashiers.
4) It facilitates transaction aggregation, settlement and reconciliation through centralized reporting and interfaces.
Computerized banking system is a proven, secure, modular, on-line, real-time, flexible, scalable, multi-currency. It is user friendly, easy to manage, and easy to operate information system, based on fully integrated and co-operative components.
Eva Contactless Position Paper October 2009 FinalRoberto Grossi
The EVA, made up of 18 national vending associations and 58 companies, is hoping to follow the lead of US counterpart, NAMA, and encourage the introduction of contactless payments at machines.
The position paper is aimed at credit card companies and banks and hopes to "break the deadlock" with financial institutions on transaction costs, a major barrier to the introduction of the technology.
Core banking systems : by yogesh khatriyogesh khatri
Core banking allows customers to access their bank accounts and perform basic transactions from any member bank branch through networked computers and telecommunication technology. Before core banking in the 1970s, transactions would take at least a day to be reflected in accounts as each branch had local servers and data was sent to central servers daily. Now most banks use core banking applications so all branches can access centralized data centers in real-time.
AME-1936 : Enterprise Messaging for Next-Generation Core Bankingwangbo626
- The document discusses enterprise messaging solutions for next generation core banking systems. It addresses four key challenges: maximizing return on investment, enabling new business adoption, achieving extreme performance and scalability, and meeting other special requirements.
- For each challenge, the document outlines requirements and proposes approaches. Solutions discussed include using IBM MQ for universal connectivity, mobile push solutions based on MQTT/Messagesight, MQ deployment on cloud, and MQ performance tuning for active-active configurations. The document emphasizes balancing technical and business requirements.
Core banking and electronic clearance settlement systemRoy Thomas
Core banking systems allow banks to process transactions in real-time across branches by connecting all branches to a centralized database. This allows deposits to immediately be reflected on bank servers and accessible from any branch. It also enables banks to provide comprehensive banking services to corporate customers. Electronic clearance and settlement systems facilitate the quick and efficient electronic transfer of funds and securities between financial institutions by removing the need for paperwork. There are different types of systems including net settlement, real-time gross settlement, and hybrid systems that provide settlement at different points in the day.
This document discusses centralized banking solutions (CBS), also known as core banking solutions. It defines CBS as a solution that enables banks to offer services from a single location supporting retail and corporate banking across all delivery channels. The key benefits of CBS include offering a single point of management, preparation for current and future requirements, and better integration across software and hardware. The document also outlines some major global and domestic vendors that provide CBS.
The document discusses the role of technology in banking. It notes that technology enables increased operational efficiency, profitability, productivity and superior customer service through multi-channel transactions and risk management. It outlines various banking technology focuses like core banking, ATMs, cards, and electronic banking. Technology differentiation in banking fades over time and sustained differentiation requires integrating business and technology goals.
Cogent has developed CRM software tailored for the ATM industry. It has integrated the software with ATM switches to retrieve data in real-time. Cogent has implemented successful solutions for various ATM companies. Cogent offers advantages like over 12 years of experience, rapid implementations, customized solutions, and a proven SaaS business model. The software includes modules for incident management, call allocation, call disposition, activity management, equipment management, and other features like portals, reporting, and analytics. The target segments are ATM manufacturers, distributors, outsourcing companies, and banks.
Sollution Guide from IBM Partner, Lightwell (http://www.lightwellinc.com). Simplify your payments acceptance with prebuilt, ready-to-deploy global payments solutions and services on the cloud.
• Deliver a consistent, secure shopping experience across channels and devices
• Accept payments on any device, anywhere in the world
• Easily manage payments with a single view of settlement and accounts across channels
• Leverage connections to over 170 payments types in over 70 countries
• Significantly reduce risk of handling sensitive payments and customer information
B2B CenPOS Key Features including Level II, Level III Interchange Qualification, EBPP, Invoice management, Token billing, Recurring and Mobile Credit Card Processing with Apple or Android.
Email Spineda@cenpos.com for more information
Dhanapurti is a supply chain finance software created by Annona IT Solutions. It provides an end-to-end solution for banks and their business customers, along with the customers' suppliers and buyers. Key features include an automated payment system, inventory and warehouse management tools, a unique planning tool, and support for various trade finance methods. The software aims to address unpredictable cash flows, delays in transactions, and disputes that are common challenges in supply chain management. It can be customized for different industries and provides a single platform to monitor all financial transactions and payments throughout the supply chain.
UCO Bank is one of the oldest commercial banks in India, established in 1943 in Kolkata. Centralized core banking involves all bank branches on a networked system, allowing customers to access their funds and conduct simple transactions from any branch. Core banking systems provide online, real-time banking across delivery channels like ATMs, internet banking, mobile banking, and more. UCO Bank implemented a new core banking solution provided by HP and Infosys' Finacle to provide customers access to banking services 24/7 through multiple channels and enable more efficient use of resources.
The document discusses several core banking solutions including Finacle, TCS BaNCS, and FLEXCUBE. Finacle is a core banking product developed by Infosys that is used by over 450 million customers in 84 countries. TCS BaNCS automates all aspects of banking operations. FLEXCUBE is a universal banking solution from Oracle that offers core banking, retail banking, and direct banking modules. The solutions provide benefits such as centralized processing, multi-channel access, scalability, and cost reduction.
Core banking chapter 4, benefits of core banking, essential requirements of core banking, suggestions for the co-operative banks to implement core banking system
Core banking solutions allow customers to access their bank accounts and perform transactions from any branch by merging communication and information technologies. This includes recording transactions, maintaining records and accounts, and calculating interest. Finacle is an example of a core banking solution that is web-based, supports multiple languages and currencies, and facilitates 24/7 operations across channels. It can process over 11,000 transactions per second.
Organizing stakeholders and working with mobile network operatorsMahesh Amarasiri
Organising stakeholders and working with mobile network operators
This was presented at Central Banking Publications training course,Effective Oversight of Mobile Payments
3, 4 & 5 December 2013
Kuala Lumpur
This session focuses on the building blocks that are critical for central banks to bring their oversight plans into effect. The speaker will discuss the fundamental components of the oversight programme, identifying what needs to be produced and when. The question of what resources need to be allocated to generate the desired output and outcomes will also be considered. Two oversight methods will be discussed, one dealing with continuous monitoring and evaluation of the payment system; and a change-driven approach that considers risk analysis triggered by the occurrence of various events.
Core banking systems allow banks to provide integrated banking services to customers across branches through a centralized system. It removes geographical limitations and provides services such as deposits, withdrawals, payments processing, customer onboarding, and loans through multiple channels like mobile and online banking. Core banking solutions provide advantages like improved operations, reduced errors, easy product management and a centralized view of customer information.
National Automated Clearing House (NACH) an Overview by VSoftVSoft Technologies
VSoft Technologies a leading Banking and Payments solutions provider for banking and Financial Institutions gives an over view of Cetrum Mandate enabled ACH Payments System and NACH platform of NPCI.
The document proposes e-surveillance systems for banks and ATMs from Magus Sales & Services. It discusses challenges in banking operations like unattended locations and lack of remote monitoring. The solutions presented include an alarm monitoring and reporting system (Solution 1) and e-surveillance systems (Solution 2). Solution 2 allows for live video monitoring, remote playback and backups using a media server, storage server and alarm server to connect ATMs and control rooms. Features like centralized management software, network topology diagrams and systems for individual branches/ATMs are also outlined.
Paymantix is a developer of payment processing platforms that provides solutions for banks, fintech startups, merchants and other institutions. It offers a customizable processing platform called PM Processing that allows for integration with various payment methods and provides features such as fraud prevention, reporting and customization. Clients can choose between a PaaS or in-house version and Paymantix offers services like integration support, consulting and risk management. Setting up payment processing involves steps like customization, connection configuration and launch.
The document introduces MONEYTOR, a telemetry system for remote monitoring and control of vending machines. MONEYTOR provides real-time sales data, alarm notifications, and cash tracking to help operators optimize machine management, increase profits, and reduce costs. It can be accessed via a web interface or integrated with existing ERP systems. The system utilizes GSM/GPRS technology and a device called the Vending Box installed in each machine.
Back office check conversion is presented as a superior alternative to point-of-purchase check conversion. It allows processing of all checks at a single back office location rather than requiring individual scanners at each checkout lane. This reduces costs and complexity while streamlining depositing and accounting across multiple store locations. Checks are stamped with authorization at checkout and scanned daily in the back office, then funds are electronically deposited in the merchant's account within 48 hours while minimizing changes to customers' routines.
This document provides information about the evolution of core banking systems from earlier total branch automation systems. It describes how core banking allows for real-time sharing of customer information and processing of transactions across branches through centralized data centers and networking. The core banking system provides many benefits like centralized accounting, product monitoring, introduction of new technology-based services, and improved customer service by allowing customers access to their accounts from any branch.
Revolutionary developments in marketing, information and
communications technology continue to transform the banking and
financial industry. Distribution of banking services through the Internet is
an important part of this transformation. The objectives of this thesis are
mainly to assess the potential functions of e-clearing with respect to error
free fast funds settlement and to evaluate the competitive advantages of
Electronic Clearing House over Automated Clearing House. The study
explores the Electronic Clearing House in the perspective of time savings,
various costs elimination and maximization of profit for all the
stakeholders. The security measures in terms of digital signature to secure
data and information exchange over the internet would also be examined.
My research work during (Executive MBA 2006 ~ 2008) has been internationally published (Apr-2012) by LAP Publishing Germany. The topic of research was “Comparative Study of Automated Clearing House (ACH) AND Electronic Clearing House (ECH)”
https://www.morebooks.de/store/gb/book/comparative-study-of-ach-and-ech/isbn/978-3-8383-9439-8
RingRing General Presentation. It contains figures and business cases about companies integrate automation via SMS, Voice or E-Mail notifications within their communication processes
Core banking and electronic clearance settlement systemRoy Thomas
Core banking systems allow banks to process transactions in real-time across branches by connecting all branches to a centralized database. This allows deposits to immediately be reflected on bank servers and accessible from any branch. It also enables banks to provide comprehensive banking services to corporate customers. Electronic clearance and settlement systems facilitate the quick and efficient electronic transfer of funds and securities between financial institutions by removing the need for paperwork. There are different types of systems including net settlement, real-time gross settlement, and hybrid systems that provide settlement at different points in the day.
This document discusses centralized banking solutions (CBS), also known as core banking solutions. It defines CBS as a solution that enables banks to offer services from a single location supporting retail and corporate banking across all delivery channels. The key benefits of CBS include offering a single point of management, preparation for current and future requirements, and better integration across software and hardware. The document also outlines some major global and domestic vendors that provide CBS.
The document discusses the role of technology in banking. It notes that technology enables increased operational efficiency, profitability, productivity and superior customer service through multi-channel transactions and risk management. It outlines various banking technology focuses like core banking, ATMs, cards, and electronic banking. Technology differentiation in banking fades over time and sustained differentiation requires integrating business and technology goals.
Cogent has developed CRM software tailored for the ATM industry. It has integrated the software with ATM switches to retrieve data in real-time. Cogent has implemented successful solutions for various ATM companies. Cogent offers advantages like over 12 years of experience, rapid implementations, customized solutions, and a proven SaaS business model. The software includes modules for incident management, call allocation, call disposition, activity management, equipment management, and other features like portals, reporting, and analytics. The target segments are ATM manufacturers, distributors, outsourcing companies, and banks.
Sollution Guide from IBM Partner, Lightwell (http://www.lightwellinc.com). Simplify your payments acceptance with prebuilt, ready-to-deploy global payments solutions and services on the cloud.
• Deliver a consistent, secure shopping experience across channels and devices
• Accept payments on any device, anywhere in the world
• Easily manage payments with a single view of settlement and accounts across channels
• Leverage connections to over 170 payments types in over 70 countries
• Significantly reduce risk of handling sensitive payments and customer information
B2B CenPOS Key Features including Level II, Level III Interchange Qualification, EBPP, Invoice management, Token billing, Recurring and Mobile Credit Card Processing with Apple or Android.
Email Spineda@cenpos.com for more information
Dhanapurti is a supply chain finance software created by Annona IT Solutions. It provides an end-to-end solution for banks and their business customers, along with the customers' suppliers and buyers. Key features include an automated payment system, inventory and warehouse management tools, a unique planning tool, and support for various trade finance methods. The software aims to address unpredictable cash flows, delays in transactions, and disputes that are common challenges in supply chain management. It can be customized for different industries and provides a single platform to monitor all financial transactions and payments throughout the supply chain.
UCO Bank is one of the oldest commercial banks in India, established in 1943 in Kolkata. Centralized core banking involves all bank branches on a networked system, allowing customers to access their funds and conduct simple transactions from any branch. Core banking systems provide online, real-time banking across delivery channels like ATMs, internet banking, mobile banking, and more. UCO Bank implemented a new core banking solution provided by HP and Infosys' Finacle to provide customers access to banking services 24/7 through multiple channels and enable more efficient use of resources.
The document discusses several core banking solutions including Finacle, TCS BaNCS, and FLEXCUBE. Finacle is a core banking product developed by Infosys that is used by over 450 million customers in 84 countries. TCS BaNCS automates all aspects of banking operations. FLEXCUBE is a universal banking solution from Oracle that offers core banking, retail banking, and direct banking modules. The solutions provide benefits such as centralized processing, multi-channel access, scalability, and cost reduction.
Core banking chapter 4, benefits of core banking, essential requirements of core banking, suggestions for the co-operative banks to implement core banking system
Core banking solutions allow customers to access their bank accounts and perform transactions from any branch by merging communication and information technologies. This includes recording transactions, maintaining records and accounts, and calculating interest. Finacle is an example of a core banking solution that is web-based, supports multiple languages and currencies, and facilitates 24/7 operations across channels. It can process over 11,000 transactions per second.
Organizing stakeholders and working with mobile network operatorsMahesh Amarasiri
Organising stakeholders and working with mobile network operators
This was presented at Central Banking Publications training course,Effective Oversight of Mobile Payments
3, 4 & 5 December 2013
Kuala Lumpur
This session focuses on the building blocks that are critical for central banks to bring their oversight plans into effect. The speaker will discuss the fundamental components of the oversight programme, identifying what needs to be produced and when. The question of what resources need to be allocated to generate the desired output and outcomes will also be considered. Two oversight methods will be discussed, one dealing with continuous monitoring and evaluation of the payment system; and a change-driven approach that considers risk analysis triggered by the occurrence of various events.
Core banking systems allow banks to provide integrated banking services to customers across branches through a centralized system. It removes geographical limitations and provides services such as deposits, withdrawals, payments processing, customer onboarding, and loans through multiple channels like mobile and online banking. Core banking solutions provide advantages like improved operations, reduced errors, easy product management and a centralized view of customer information.
National Automated Clearing House (NACH) an Overview by VSoftVSoft Technologies
VSoft Technologies a leading Banking and Payments solutions provider for banking and Financial Institutions gives an over view of Cetrum Mandate enabled ACH Payments System and NACH platform of NPCI.
The document proposes e-surveillance systems for banks and ATMs from Magus Sales & Services. It discusses challenges in banking operations like unattended locations and lack of remote monitoring. The solutions presented include an alarm monitoring and reporting system (Solution 1) and e-surveillance systems (Solution 2). Solution 2 allows for live video monitoring, remote playback and backups using a media server, storage server and alarm server to connect ATMs and control rooms. Features like centralized management software, network topology diagrams and systems for individual branches/ATMs are also outlined.
Paymantix is a developer of payment processing platforms that provides solutions for banks, fintech startups, merchants and other institutions. It offers a customizable processing platform called PM Processing that allows for integration with various payment methods and provides features such as fraud prevention, reporting and customization. Clients can choose between a PaaS or in-house version and Paymantix offers services like integration support, consulting and risk management. Setting up payment processing involves steps like customization, connection configuration and launch.
The document introduces MONEYTOR, a telemetry system for remote monitoring and control of vending machines. MONEYTOR provides real-time sales data, alarm notifications, and cash tracking to help operators optimize machine management, increase profits, and reduce costs. It can be accessed via a web interface or integrated with existing ERP systems. The system utilizes GSM/GPRS technology and a device called the Vending Box installed in each machine.
Back office check conversion is presented as a superior alternative to point-of-purchase check conversion. It allows processing of all checks at a single back office location rather than requiring individual scanners at each checkout lane. This reduces costs and complexity while streamlining depositing and accounting across multiple store locations. Checks are stamped with authorization at checkout and scanned daily in the back office, then funds are electronically deposited in the merchant's account within 48 hours while minimizing changes to customers' routines.
This document provides information about the evolution of core banking systems from earlier total branch automation systems. It describes how core banking allows for real-time sharing of customer information and processing of transactions across branches through centralized data centers and networking. The core banking system provides many benefits like centralized accounting, product monitoring, introduction of new technology-based services, and improved customer service by allowing customers access to their accounts from any branch.
Revolutionary developments in marketing, information and
communications technology continue to transform the banking and
financial industry. Distribution of banking services through the Internet is
an important part of this transformation. The objectives of this thesis are
mainly to assess the potential functions of e-clearing with respect to error
free fast funds settlement and to evaluate the competitive advantages of
Electronic Clearing House over Automated Clearing House. The study
explores the Electronic Clearing House in the perspective of time savings,
various costs elimination and maximization of profit for all the
stakeholders. The security measures in terms of digital signature to secure
data and information exchange over the internet would also be examined.
My research work during (Executive MBA 2006 ~ 2008) has been internationally published (Apr-2012) by LAP Publishing Germany. The topic of research was “Comparative Study of Automated Clearing House (ACH) AND Electronic Clearing House (ECH)”
https://www.morebooks.de/store/gb/book/comparative-study-of-ach-and-ech/isbn/978-3-8383-9439-8
RingRing General Presentation. It contains figures and business cases about companies integrate automation via SMS, Voice or E-Mail notifications within their communication processes
The document discusses key considerations for developers when choosing an online payment provider. It recommends choosing a provider that supports omni-channel payments across ecommerce, mobile commerce, mobile point-of-sale, and other channels. The provider should offer easy integration of a wide range of payment methods for different regions. It also emphasizes the importance of high security, availability, and fraud prevention.
E-commerce, e-banking, and advanced internet technologies are covered. E-commerce requires digital communication, data management, and security. It allows businesses and consumers to buy and sell goods and services online. E-banking allows banking transactions electronically without visiting a physical bank. Technologies like SET, mobile banking, streaming multimedia, internet telephony, and wireless communications standards like 1G-4G are discussed to enable e-commerce and advanced internet applications. Security measures are important for e-commerce and e-banking to protect users' information online.
PayU's Digital Transformation: Transparency from Dev to Prod, Monitoring Micr...AppDynamics
PayU is a leading payment services provider with presence in 16 growth markets across the world. Its mantra within IT is "fail early, fail often and never roll back," but this is a challenge in a global environment, with cross-located development and operations teams, multiple time zones, cultures, languages, and skill sets.
To solve this challenge and provide transparency to development and production teams, PayU chose the AppDynamics Application Intelligence platform. Today AppDynamics gives PayU the ability to get immediate feedback of code changes regardless of the environment or the origin of change. The solution fits perfectly with the microservice architecture and has helped with DevOps adoption in all locations.
Key takeaways:
o Challenges faced in monitoring microservice-based applications in a globally dispersed operation
o How AppDynamics provides a single pane of glass to monitor application changes
o Best practices for utilizing AppDynamics in a DevOps culture
For more information, go to: www.appdynamics.com
The document discusses key considerations for choosing a payment gateway provider, including experience, reputation, software efficiency, cost, security, additional payment options, reporting, integration, disaster recovery, ease of use and support. It provides details on PayU as a payment gateway, noting they have been in business for over 13 years, process over 50 million transactions annually, support over 25,000 merchants across 16 countries and 4 continents, and offer over 150 payment options in Africa including online and mobile wallets as well as credit cards and bank accounts.
The document discusses IBM Payments Gateway, a solution that provides secure online payment processing capabilities. It offers a variety of payment options, global acceptance of over 170 payment methods across 70 countries, and centralized payment management. The solution provides security through encryption of payment data in a PCI-compliant vault and tokenization. It also offers automated reconciliation, reporting and settlement to streamline payment processing. Case studies demonstrate how the solution has supported increased online sales, digital wallet services, and processing of transportation tolls and fees.
This document describes Pay Cell Systems, which aims to provide alternative payment solutions for the prepaid wireless industry. It notes the large existing markets for retailers, consumers, and debit card companies. Currently, most wireless payment fulfillment is done with cash in stores. Pay Cell Systems will provide a multi-channel payment system allowing payments by phone, online, text, and e-check to address this problem. It will target retailers, distributors, and consumers. The document outlines the management team and technology, as well as revenue sources and milestones for the next 12 months as it expands its recurring billing and multi-platform integration capabilities.
PayFlex’s payment and collection solutions are the preferred options of many of the most prestigious service providers operating in 15 countries around the World.
A. PayFlex Utility Payment Hub is a Cloud-based collection solution that helps companies move all kinds of financial exchanges (from tax collection and bill payments, to donations) into the cloud.
B. PayFlex Dealer Management helps companies build strong collaborative relationships with dealers. Innova’s approach to dealer management goes well beyond the scope of a conventional partner relationship management system.
C. The cloud-based PayFlex Payment Gateway offers a complete solution in a payment gateway infrastructure designed to replace traditional payment methods. It ensures that companies stay one step ahead of the competition.
Please check out our brochure to learn more about Innova's Payment and Collection Suite, and feel free to contact us anytime for your questions at info@innova.com.tr
For more information: www.payflexinnova.com
An ATM allows customers to access their bank accounts to withdraw cash, check balances, and perform other transactions without a bank teller. The customer inserts their card with a magnetic stripe or chip and enters a PIN for authentication. The ATM can provide cash withdrawals from linked accounts, deposits, money transfers between accounts, and balance inquiries. Security features include limiting total withdrawal amounts and printing receipts to later exchange for cash to reduce fraud.
After 15 years of e-commerce experience and banking projects the new era for "Secure POS device" was come. In 2012 the first POS tablet with both swipe and smartchip features was patented in USA by Florin Suciu.
The new "perfecto POS - pPOS" was ready for the merchants and retail. In past 3 years tens of similar devices rise around the world. Now we develop the V2 generation
A rules based incident ticketing and tracking platform ideally suited for all customer facing enterprises, who want to record, track and resolve any and every customer issue or complaint within a time bound framework.
Features vertical movement (escalation) as well as horizontal (propagation) of all tickets, thereby enabling to record the complete lifecycle of a ticket.
This document discusses various wireless payment systems including mobile web payments, SMS/USSD payments, and contactless payments using near-field communication (NFC). It describes the underlying technologies such as secure elements and Java Card applets. It also covers practical issues regarding compatibility, costs, security challenges and opportunities for businesses. Contactless payments are presented as facilitating fast transactions under £20 through credit cards, phones, watches and other devices equipped with NFC in the future.
CenPOS will create efficiency, mitigate fraud and will reduce the cost of accepting electronic payments without having to switch merchant services providers. We support mobile, recurring, EBPP and of coarse our state of the art Virtual Terminal.
Credomatic is a large payment processor that offers:
1) Stability as a $7 billion acquirer and issuer with over 150,000 merchants and 2 billion cardholders.
2) Next day funding on transactions for partner merchants.
3) A complete suite of payment solutions including credit/debit processing, electronic check services, and gift cards.
The document discusses implementing an e-business solution for a company using BizForceOne's (BFO) Business Operating System. It considers using either a local server or cloud computing approach. Cloud computing is recommended as it provides tools to easily link the front-end and back-end without the need for complex and expensive application programming interfaces required by a local server solution. The document also outlines the process for registering an e-commerce website with the Ministry of Industry and Trade, which involves providing business and contact information, receiving login credentials, and notifying authorities of the website.
Nayax provides an unattended payment solution for automated machines through cashless payment processing, telemetry, mobile applications, and business intelligence tools. Their all-in-one platform allows for remote management of over 100,000 devices across 38 countries, processing over six million transactions per month. Nayax offers hardware and software solutions to increase sales and reduce costs for vending, car wash, laundromat, and other automated machine operators.
Vehicle tracking solution - an over viewsingularityin
Our Fleet Monitoring (Vehicle Tracking) Solution allows you to have a real time view of all your vehicles. Each vehicle fitted with our devices is configured to transmit data at regular time intervals on a real time basis.
This enables the operator sitting remotely to view and analyze information about every vehicle and supports him in strategic decision making.
This document summarizes plans for the "Walk for Water - for All 2012" event organized by FORCE (Forum for Organised Resource Conservation & Enhancement) to raise awareness about water issues. The event will include a walk, competitions, performances, and film screenings held over two days at Dilli Haat in New Delhi. Partners and sponsors will receive branding and opportunities to engage with attendees about water and sanitation issues. The goal is to advocate for access to water for all.
Plutus Promozone allows merchants to [1] promote to existing customers in-store to increase same-day spending and drive return visits, [2] attract new customers through targeted promotions, and [3] earn revenue by allowing other brands to promote to their customers. Merchants can leverage transaction data and targeting capabilities to deliver personalized promotions on charge slips. Pine Labs will source and print promotions for merchants and share resulting transaction data and revenue. An initial free pilot program is proposed to demonstrate Promozone's customer acquisition and sales lift abilities.
The document outlines Delhi's water security challenges and proposes the formation of a "Blue Delhi Task Force" to address them. It notes that Delhi faces shortfalls in water supply to poor communities. It identifies Delhi's water assets like rainfall, water bodies, and treated wastewater, but notes they are underutilized. The Task Force would have committees and task forces to develop strategic plans, coordinate stakeholders, and manage programs to optimize water asset utilization and ensure water security for Delhi by 2016. Volunteer and institutional support is sought to achieve the Task Force's goals through community mobilization and fundraising.
Work in partnership with communities and government authorities to provide sustainable Water and Sanitation solutions for slum settlements in Delhi having more than 50,000 inhabitants. We are trying to make these slums MODEL WATSAN slums. Contact at jyoti@force.org.in
Active Solar Lights or Active Sky Lights helps you save electricity during the day time in buildings. You can illuminate building without using electricity during the day time - not even solar generated electricity!!
Singularity Retail Solutions provides outsourced stocktaking services using portable computers and barcode scanners. Their services include [1] conducting accurate stock counts, [2] integrating with existing IT systems, and [3] generating real-time reports to identify discrepancies. They aim to simplify the stocktaking process for businesses through specialized software, trained personnel, and state-of-the-art equipment.
SATTA MATKA SATTA FAST RESULT KALYAN TOP MATKA RESULT KALYAN SATTA MATKA FAST RESULT MILAN RATAN RAJDHANI MAIN BAZAR MATKA FAST TIPS RESULT MATKA CHART JODI CHART PANEL CHART FREE FIX GAME SATTAMATKA ! MATKA MOBI SATTA 143 spboss.in TOP NO1 RESULT FULL RATE MATKA ONLINE GAME PLAY BY APP SPBOSS
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...jamalseoexpert1978
Farman Ayaz Khattak and Ehtesham Matloob are government officials in CTW Counter terrorism wing Islamabad, in Federal Investigation Agency FIA Headquarters. CTW and FIA kidnapped crypto currency owner from Islamabad and snatched 200 Bitcoins those worth of 4 billion rupees in Pakistan currency. There is not Cryptocurrency Regulations in Pakistan & CTW is official dacoit and stealing digital assets from the innocent crypto holders and making fake cases of terrorism to keep them silent.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
buy old yahoo accounts buy yahoo accountsSusan Laney
As a business owner, I understand the importance of having a strong online presence and leveraging various digital platforms to reach and engage with your target audience. One often overlooked yet highly valuable asset in this regard is the humble Yahoo account. While many may perceive Yahoo as a relic of the past, the truth is that these accounts still hold immense potential for businesses of all sizes.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
2. Agenda
• Instant EMI Solution
• Plutus Credit/Debit Acceptance at the PC POS
Footer -xxxx 2
3. Introducing Instant EMI Solution for 0% Financing Offers
• Manufacturers can drive incremental sales by launching an attractive real-time EMI
offer on White Goods, Consumer Electronics, Travel Packages and much more
•
•
•
Higher sales volumes
Control over products - to sell slow-moving goods, restrict to high-margin products,
improve sales in competitive categories or launch new product lines
Control over merchants – offer presented only at designated stores during designated
time periods
• EMI transactions are authorized at the POS in real-time…
•
•
•
Manufacturer sets centralized rules by Product Category, by Duration, by Merchant and
Store, by date, and by transaction value
Manufacturers can contract with multiple credit card Issuers to make offers available to
broadest possible prospect universe
Merchant does NOT need to install devices or train cashiers – all rules are set centrally
and enforced automatically
• …and settled directly between Issuer and Manufacturer
•
•
Financing cost is reported daily – by duration, product, store, etc.
Manufacturer reimburses the negotiated subvention rate to Issuer via ECS payment
Footer -xxxx 3
4. How It Works: seamless customer experience at the Point of
Sale, with complete control from backend
1 Manufacturer logs into
EMI Host and sets offer
rules: Product, Retailer,
Location, Duration,
Issuer & Rate
2 At the Point of Sale,
Cashier selects EMI
transaction and swipes
customer’s Card
3 Plutus application asks
Cashier to enter Product
Category & Serial Number
4 Plutus queries EMI Host for
applicable Offer – for that
product, card, amount, etc.
BANK
8 Plutus generates
settlement reports at End
of Day
7 Plutus receives
authorization & prints
charge slip
6 Customer selects EMI Offer
and Plutus sends
transaction to Bank
5 Plutus displays available
offers to Cashier
4
5. Key Benefits: EMI program supports flexible schemes,
creating a valuable new marketing channel for Manufacturers
•1 Control offer delivery at the Point of Sale
• Set centralized rules to control which EMI offer is presented to the consumer – eliminate Cashier
decision-making
• Configure by product category & product line, by merchant or by store, by date range and by
Issuer
• Use convenient web interfaces to update or edit schemes in real-time
• Substantially reduce the risk of offer fraud and eliminate Cashier decision making
2 Increase reach into Issuers’ portfolios and at Retailers’ outlets•
• Plutus front-end application can be integrated with Merchant’s POS Application , eliminating the
need for Cashier data entry
• No need for EDC hardware installation and cashier training
• Tie up with multiple Card Issuers: no need for “on us” transactions, no need to install new EDC
machines at merchant outlet
3 Leverage rich MIS at the cardholder and product level•
• Receive automated reports – or pull in real-time from EMI Host using convenient interfaces
• Reports include cardholder details, transaction information, computation of financing costs
• Manufacturer can leverage MIS to track performance of individual EMI campaigns in real-time
Footer -xxxx 5
6. 1
Manufacturer sets rules by Product, Amount, Retailer and
Time Period using online interfaces – for centralized control
Manufacturers can set rules by:
1. Product category: set EMI terms by
product categories. For example, 12
month EMI on Televisions and 3 month
EMI offers on mobile phones
2. Transaction value: set EMI terms by
cumulative amount. For example, 12
months on purchases > Rs 50,000; 6
months on purchases < Rs 50,000
3. Merchant: set MIDs and regions
eligible for offer. For example, program
applies only to Croma stores in North
4. Offer dates: set program duration. For
example, scheme can be run for month
of November only
5. Issuer: set rules for Issuer and for BIN
range of cardholders
Footer -xxxx 6
7. 2
Program’s reach extends to multiple Issuers’ cardholder
portfolios – without EDC installation
Conventional EMI Solution
• EMI offers for “on-us”
transactions only – locked into
single Acquirer/Issuer
EDC Single Acquirer/
Issuer
• Slow time to market of any new
program
Plutus EMI Solution
Issuer 1
• EMI offers from multiple Issuers –
add or drop at will
• Issuers can set rules to accept
cards by BIN range for EMI offers
• Reconciliation and settlement
reports generated EOD for all
parties
Acquirer Issuer 2
POS
Issuer 3
Footer -xxxx 7
8. 3
Plutus provides rich real-time MIS for reconciliation,
including cardholder and product details
Online User Interfaces
1. Customer-level data: Name,
phone number, address, product
category, serial number
2. Transaction-level data: Product
category, Merchant, Location,
Value
3. Offer-level data: Issuer, EMI
scheme details
4. Automated computation of
finance charges
5. Fraud management: velocity
checks, de-duplication
Footer -xxxx 8
9. Our solution benefits all stakeholders in the EMI program,
increasing adoption and ROI of EMI
Manufacturer
• Higher sales on select
products and Retailers
• Ability to run targeted
campaigns - seasonal,
new product launches,
incentives on slow-
moving goods or high-
margin products
Retailer
• Higher turnover in the
store, especially on high-
ticket items
• Convenient integration
with Manufacturer sales
strategy at minimum
operational effort
• Rapid check out process
Issuer
• Higher volumes of credit
card usage, at no extra
cost
• Automation of EMI Offer
processing and
settlement
• Access to “off us”
transactions at the
Retailer
• New income streams
from financing charges
• Differentiated offer to the
cardholder
9
• Convenience & control of
• Opportunity to integrate
launching and editing EMI
directly with POS
Offer strategy in real-time
application
• Complete MIS for
performance evaluation
Footer -xxxx
10. Agenda
• Instant EMI Solution
• Plutus Credit/Debit Acceptance at the PC POS
Footer -xxxx 10
11. Introducing Plutus, our credit & debit processing application
for the PC POS
How It Works
• Solution runs on existing
PC-based POS
• Merchants install Plutus via
CD and guided installation
interfaces
Footer -xxxx 11
12. Plutus Features Summary
Certified by major Bank
Acquirers, and Visa
• ICICI, HDFC, AXIS,
HSBC Global Payments,
Citibank, SBI
• Amex
• Visa PCI, EMV
Accepts all payment
instruments
Cr/Dr
Pin-based
EMV
Mobile
PPC/GV
Contactless
Best-in-class security
features
3DES data encryption
from swipe
User access
management
TID licensing and key
management
Input device control
•
•
•
•
•
•
•
•
•
•
Only PC-based product -
replaces EDC
• Higher security
• Flexible connectivity -
CDMA, VPN, VSAT, IP
• Integrated with Biller -
manual data entry
• Touchscreen enabled
• Batch reporting
• Supports split
transactions
Value-added features
• Plutus Multi-acquirer -
route transactions to
preferred Acquirer
• Plutus Secure - Bank-
certified IP connectivity
• Transaction
Reconciliation - central
data warehousing &
management
•
•
•
•
•
Integrated with leading
POS peripherals
Card readers - MagTek,
AMDL, Wincore
Bar code scanners
PED
Smart Card reader
Printers - OPOS,
Windows
Footer -xxxx 12
13. Key value drivers of Plutus - At A Glance
•1 Replace EDC terminals
•
•
•
Eliminate dial-up charge for cr/dr transactions, and landline charges for each EDC terminal
Switch to always-on, high speed internet processing
Remove counter clutter
•2 Streamline operations at the POS
•
•
•
Reduce need for cashier training
Automate data entry by integrating Biller and cr/dr payment transaction
Eliminate cashier manual data entry, and increase transaction speed
•3 Centralize transaction routing
•
•
•
Eliminate cashier decision-making
Extract favorable MSF terms from Acquirers for high transaction volumes
Change routing rules (Acquirer strategy) centrally at the touch of a button - no retraining of cashiers required
•4 Leverage Transaction warehousing and automatic reconciliation
•
•
•
•
Digitize & automate reconciliation of POS settlement and Acquirer payment advice
Leverage rich MIS, including Acquirer-level transaction analysis and quarterly audit reports
Centralize POS-level alerts, e.g., unsettled POS
Save cashier time
5 Rely on highest Security standards•
•
•
End-to-end PCI Compliant solution eliminates need for PCI certification of merchant’s POS or network or data
center
EMV-compliant card acceptance through Pin Entry Device integration
Footer -xxxx 13
14. 1
Plutus replaces EDCs - and their associated
telecommunication cost
EDC Functionality
• Every Cashier counter must have EDC
Plutus Scenario
• NO need for EDC - Plutus is a software
application which can run on any Windows
based PC or PC-POS
• NO need for PSTN lines - Plutus can support
transaction processing through existing
broadband connection
• To make transaction secure and acceptable to
Visa / Master and AMEX, Plutus comes with
PA-DSS approved VPN connection
- Rs 150 for Secure VPN Plutus connection
for 3 POS = Rs 450
- Plus monthly internet cost of Rs 200
- => Monthly telco costs are Rs 650, a
savings of Rs 2000 per store per month
• Every EDC must have PSTN telephone
line
- Assuming Rs 1 per call, and 2000
transactions per month in each store
- Plus Rs 150 for landline rental for
each EDC terminal, and 3 EDC
terminals per store
- => Monthly telco costs are Rs 2650
• In case of acquiring by multiple banks,
multiple EDCs required at every till,
resulting in clutter
Footer -xxxx
• All acquiring banks are available in single
application
• Axis Bank, ICICI, HDFC, Citi, HSBC, AMEX
14
15. 2
Second, Plutus streamlines operations at the POS
EDC Functionality
• EDC cannot be integrated with biller
applications on POS
Plutus Scenario
• Intuitive Windows-based interface limits training
of cashiers and reduces human error
• Can be easily integrated with any biller
application, using Windows based COM API
• Workflow automation reduces overhead, speeds
time to resolution
• Cashier manually enters amount in
EDC, leading to data entry errors
• Transaction Amount is passed by biller directly
to Plutus. No data entry possible
• EDC dial up is slow, resulting in longer
queues
• Faster transaction times through automation and
faster connectivity reduces queuing time
Footer -xxxx 15
16. 3 Third, centralized transaction rules allow the merchant to
optimize acquiring strategy without relying on cashiers
EDC Functionality
• Manual decision by cashier to
select most optimal acquiring bank
(for example, lowest MSF rate)
• Limited ability to enforce complex
rules - based on cashier’s
judgment
• Cashier training is required to
route transactions to most suitable
acquiring banks
Plutus Scenario
• Plutus selects Acquirer based on rules
• Rules are set centrally at HO - not by the
cashier, creating real savings on MSF rates
• Complex rules - for example, on-us versus
off-us optimization; time-based; default
acquiring - can be set using intuitive
interfaces
• No cashier training required
• Rule changes are propagated in real-time
in the field
Footer -xxxx 16
17. 3
Multi-Acquirer solution ensures transactions are routed
to on-us Acquirer with favorable MSF rate
Single Acquirer Solution ~70% of transactions
are routed to V/MC for
off-us settlement
Issuer 1
QuickTime™ and a
decompressor
are needed to see this picture.
POS Single Acquirer/
Issuer
Visa/Master-
card Gateway
Issuer 2
Issuer 3
Multi Acquirer Solution Only ~20% of
transactions are
routed through V/MC
for off-us settlement
Acquirer/Issuer 1
QuickTime™ and a
decompressor
are needed to see this picture.
POS
~80% of transactions
are routed directly to
Acquirer.Issuer for on-
us settlement
Footer -xxxx
Acquirer/Issuer 2 Visa/Master-
card Gateway
Other Issuer
Acquirer/Issuer 3
17
18. 4 Lastly, Transaction Aggregation and Reconciliation
eliminates paper-based reconciliation and reduces error
EDC Functionality
• Each transaction is deleted upon
settlement
Plutus Scenario
• Transactions can be stored in TRM for whatever
period required
• Centrally accessible user interfaces render
transactions volumes, settlement and reconciliation
status and allow users to search by zone, store,
POS, transaction, etc.
• Settlement is controlled by cashier, • Central user interfaces show alerts for unsettled
and often overlooked - payments batches
are settled late
• Reconciliation between settlement
reports and banks’ payment
advice is manual and labor
intensive
• Reconciliation of each batch with bank’s payment
advice is automatic
• Disputes are flagged and entered into work flow for
easy resolution
Footer -xxxx 18
19. TRM centralized payment advice reconciliation &
workflow tools
4
1.Frees up
cashier’s time
2.Eliminates
manual errors
3.Speeds
quarterly
audits
• Centralized reconciliation of settlement and payment advice
• Digitization of statements
• Integration into automated accounting and dispute resolution
workflow
19Footer -xxxx
20. 5
Security: current POS devices & networks are insecure
Component
POS device
Security Concerns
• Track data encryption from the point of card swipe
Dial-Up
connectivity
• “Sniffing” - credit card data is transmitted in plain text and can
easily be intercepted
CDMA, VPN or
VSAT networks
• No end-to-end security - reliant on retailer LAN to secure data
at POS before transmission outside of store
Storage • Sensitive data resides in central data, providing hackers with a
single point of attack - “jackpot” scenario
Business
processes
• User access poorly controlled, allowing capture of credit card
data
Footer -xxxx 20
21. 5
Plutus Secure application enables transaction processing
via broadband - PCI PA DSS certified
Transaction Process Flow with
Plutus Secure
PC-based POS in
Store
• Secure card swipe
• Data packet encryption
Broadband
Connection on
Public IP
• Transmission of
encrypted data packet in
secured channel
Data Centre
Bank Payment
Switch
• Transaction
authorization
• Data transformation to
bank protocol
Faster transactions, with higher
Security at lower connectivity cost
Footer -xxxx 21
22. Proposed Architecture: Plutus with Secure Internet
connection to Banks
Secure Processing via Internet
• TRM stores masked data for
transaction management
• Automatically reconciles with
Banks’ payment report
• Data encrypted and
transmitted securely via
broadband
• End-to-end PCI Certified -
merchant’s network
requires no certification
• Rule Configurator
sets routing rules
at POS level
Footer -xxxx 22
23. Our Contact Details
Sanjeev Sharma
sanjeev@SingularityRetailSolutions.com
91 9818596889
We would be more than happy to demonstrate
the solution and offer a FREE trial