Strategy workshop presentation - Business Link Essential Top Tips event
Top 10 Tips Presentation
-
Upload
daleposhpos -
Category
Self Improvement
-
view
964 -
download
3
description
Transcript of Top 10 Tips Presentation
Top Ten Tips on Credit Card Technology
PRESENTED BYDALE S. LASZIG
IN COOPERATION WITH CASTLES TECHNOLOGY CO.
AND PERFORMANCE TRAINING SYSTEMS
SKILLBUILDERS SERIES
FEBRUARY 2 , 2010
www.castech.com.tw
Our core competence is to deliver continued innovation to
our customers worldwide.
Castles Technology Co, Ltd, established in 1993 by
a visionary group of engineers, is a leading
manufacturer of Contactless Reader & EFTPOS
devices and peripherals. A winning combination of
point-of-sale industry knowledge and technical
expertise delivers value and distinction to
customers and strategic alliance partners around
the world.
In this book,
“You’ll find a history of the industry; how the bankcard system works; explanations about rates and fees, and overviews of existing and future products.”
-Marc J. Beauchamp
Welcome to Top Ten Tips on Credit Card Technology!
This presentation is based on my guest chapter in Marc Beauchamp’s book, “How to Survive and Thrive II in the Merchant Services Industry.” (2nd Ed.)
More information on the book and other helpful links will be shared at the end of the show.
Dale Laszig
1.Buy New
“Just say no” to old, non-compliant processing
technology. ”
Why Buy New?
Warranty
Compliance
Reliability
Performance
Enhanced communications and memory capability
Vega7000 Terminal
New Terminals offermerchants more choice:
• New Applications• Ethernet TCP/IP• Smart Cards• Dual-Comm• Contactless • Warranty • Security• Speed
2.Buy
Security
“Compliance is not optional anymore.”
All merchants must comply with Payment Card Industry Security Standards (PCI DSS)
Transmitting, processing and storing cardholder data
Self-Assessment Questionnaire
Fines and Penalties for Non-Compliance
For more information, visit: www.pcisecuritystandards.org
3.Buy
Value
“Not only are value-adds cost-effective and easy to use, they increase profits.”
ATMsChecksBill PaymentGift & LoyaltyID VerificationPrepaid CardsContactless SolutionsClaims & Eligibility Programs
4.Solve a
Problem
“Start by solving a simple problem.
Maybe their system isn’t appropriate for their business.”
Phone bill too high? Try countertop wireless, or Ethernet TCP/IP.
Receiving most of your payments away from the office? Consider a portable wireless payment device.
Are you mainly processing transactions over the phone or online? Look at the newest solutions for eCommerce using secure internet technology.
Do you operate more than one business? Multi-merchant applications will save time, money and counter space.
5.Multi-task
The best solutions give merchants
“a single access point to a variety of applications. ”
A few examples:
Gateway solutions enable merchants to view transactions in real-time from a variety of platforms.
Payment modules embedded in accounting software help merchants simultaneously invoice and process credit card payments.
Smart phones and netbooks paired with card readers give merchants a portable enterprise platform for their businesses.
6.Customize
Adding your logo to a payment form or gift card will
“advertise and build brand awareness.”
Used to be, everyone’s credit card processing looked the same.
No more!
Today there’s an array of affordable ways to optimize software and brand your processing system.
Ask your processor for details.
7.Invest in ServicesWhat other services does your credit card processor offer in addition to credit card processing?
Eligibility and Claims Processing
Prepaid Cards
Gift Cards
Loyalty Program
Integrated Solutions
Virtual Terminals
Mobile Solutions
eCommerce Solutions
8. Real-timeAccount Access
“track transaction activity in real-time . . .”
Who would benefit?
Merchants with more than one location
Merchants with more than one business
Merchants whose mobile workers accept payment at point of delivery
Merchants who need remote access to their accounts
Merchants who want fraud protection
Everyone!
The Many Benefits of Payment Gateways:
• Security
• Accessibility
• Consolidated Reporting
• Control Your Destiny and Processing Relationships
9.Buy
Protection
“Overnight replacements, automatic shipments of supplies, and other additional support services will give you peace of mind.”
Overnight Equipment Replacement
Automatic Shipments of Paper and Supplies
24 Hour Help Desk
Maintaining your PCI Compliance
Upgrade Programs and Trade-in Opportunities
10.Begin with
Basics
“build a payment system that is strong enough for today and scalable enough for tomorrow. ”
Don’t overload the
apple cart: Start with a
simple and basic
system, and add to it as
you grow and become
more comfortable.
Do your research,
interview companies,
and ask other business
owners for referrals.
For more information or to explore a career in merchant services, contact:
Performance Training SystemsHouston, Texas
(832) 642-1049 Telephone(509) 352-7523 Fax
Marc BeauchampTraining [email protected]
Whether you ‘re a merchant, new
agent or experienced payments
industry veteran,
Marc J. Beauchamp’s
“How to Survive and Thrive II in
the Merchant Services
Industry” (2nd Ed., 2009)
is your guide to the evolving
world of card payment
acceptance.
To order your copy, visit:
www.surviveandthrive.biz
Thank you!
Castles Technology:
Delivering innovationto our customers
worldwide.
Dale Laszig
VP Sales, Castles Technology
973-249-0332 Office973-249-0342 Fax973-930-0331 Mobile
Castles Technology Co., Ltd2F, No. 205, Beishin Rd. Sec. 3, Hsin-Tien City, Taipei Hsien, Taiwan 231, R.O.C.Tel: +886-2-89131771 Fax: +886-2-89131772E-mail: [email protected] Url: http://www.castech.com.tw