Welcome to YESpay e-newsletter
|
April
2011
|
|
Intelligent payments
|
|
Intelligent Payments from YESpay - the authoritative source of insight into strategies
for using payments technology to improve your business.
|
|
|
|
|
Pay the New Way 2011
We invite you to be the first to discover YESpay's new mobile and facebook payments
products and services'! Join us to find out more on our new global brand and communication
identity that is set to embrace how customers will "pay the new way"!
|
|
|
|
|
|
|
|
|
YESpay update on new certifications
YESpay has now gained certification:
|
|
|
|
|
|
|
|
|
Visit us at Internet World 2011!
Visit us on stand E5025 for all your e-commerce and multi-channel EMV Chip & PIN
credit/debit card payment processing requirements
|
|
|
|
|
|
|
|
|
Store Manager
YESpay Store Manager™ Mobile Apps and Web Services launched for Merchants
to manage card payments
|
|
|
|
|
|
|
|
|
YESpay Wallet launched – payment gateways to drive penetration
of mobile wallets with consumers
Another exciting product is now added to our product portfolio and is ready for
you to use!
|
|
|
|
|
|
|
|
|
YESpay offers first truly integrated DCC and Tax Free capability
with its managed payment service, emboss
Fintrax and YESpay International have now partnered to offer a truly integrated
DCC (Dynamic Currency Conversion) and Tax Free Shopping service to high street merchants
|
|
|
|
|
|
|
|
|
YESpay announces a strategic alliance with Tee-On Golf Systems,
offering jointly EMV managed payment service!
Tee-On Golf Systems POS software is now integrated with YESpay's EMV Chip
& PIN accredited and PCI-DSS Level 1 certified managed payment service, emboss
|
|
|
|
|
|
|
|
|
Pulse Retail partners with YESpay to offer jointly integrated EMV
managed payment service!
Integrated with YESpay’s EasyV-Retail, Pulse Retail Systems now offers a comprehensive
solution for EMV Chip & PIN
|
|
|
|
|
|
|
|
|
|
Pay the New Way 2011
We invite you to be the first to discover YESpay's new mobile and facebook payments
products and services'! Join us to find out more on our new global brand and communication
identity that is set to embrace how customers will "pay the new way"!
Holiday Inn London Kensington Forum,
97, Cromwell Road, London SW7 4DN - 9th May, 2011
9.30am Press briefing - breakfast / morning session
2.00pm Partner briefing product launch – afternoon session
Attend YESpay's 1st Annual Partner event and discover how you can help your customers
maximize sales and revenues through current and future payment innovations. We will
be bringing together some of Canada's leading payment experts under one roof to
share their knowledge and experience focusing on EMV adoption in North America and
giving their vision on what's next!
1st Annual Canadian Partner Event in collaboration with ACT CANADA
Marriott Gateway on the Falls, Niagara Falls, Ontario, Canada
From 1.30pm to 5.30pm - 13th June, 2011
|
|
|
|
YESpay update on new certifications
|
|
|
YESpay has now gained certification: For the VeriFone Vx810 PINpad
with HSBC, Barclaycard, Lloyds, HBOS, FirstData, Elavon and AMEX
|
|
|
The VeriFone Vx810 is a state-of-the-art reliable and highly modular PIN entry device
integrated with electronic tills and POS systems to be used at any retail environment,
even future-proof with an optional contactless module. With Vx810 you can also
use our DCC (Direct Currency Conversion) and Tax Free Shopping functionality
that complement our managed payment service with the option to complete sales
in different currencies as per the cardholder's issuing bank and also to be able
to print Tax Free vouchers for customers who are entitled to this facility.
for the VeriFone Vx670 PINpad with HSBC, Barclaycard, Lloyds, HBOS, FirstData, Elavon
and AIB The VeriFone Vx670 is the smallest all-in-one wireless handheld payment
device designed specifically for wireless, customer-facing payments ranging from
hospitality, restaurant and pay-at-the-table environments.
Being able to use the most technologically advanced POS terminals, we are providing
yet more choice to our customers who would like to upgrade to the best-in-class
payment solution. To find out more please contact
us
|
|
|
|
|
|
Visit us at Internet World, 10-12 May 2011, Earl's Court, London
Visit us on stand E5025 for all your e-commerce and multi-channel EMV Chip &
PIN credit/debit card payment processing requirements. Be the first to hear about
our new mobile product portfolio, Store Manager™, YESpay-Wallet and YESpay-V-Cards™
that will be officially launching at Internet World!
Click here to book an appointment with us in Internet World.
|
|
|
|
|
|
|
|
Store Manager
|
|
YESpay has now launched Store Manager™ mobile/web applications, and web services
that assist merchants in building four cornerstones of their multi-channel payment
strategy: customer affinity, card payment risk mitigation,
enhancing business performance and building customer trust.
Store Manager™ Web Services can be used by merchants for host-to-host applications
integration or for building merchant customised "Mobile Shops" with payments
support. Store Manager™ enables merchants to set-up and distribute e-coupons, promotions
and location-based-services and to manage their fraud prevention policy via real-time
alerts such as excessive refunds. It also provides merchants with valuable reports
and management information related to their card payments and enables them to process
card payments including subscription or recurring payments via cardholder tokens.
The Store Manager™ smartphone application is in effect a mobile version of
a Point of Sale Card Payment device for YESpay merchants. When a merchant uses Store
Manager™ mobile application on his/her smartphone, the merchant can perform following
functions:
|
1)
|
Keyed entry card payments (sale and refunds),
|
|
2)
|
Payments by selecting a card from his list of stored card Tokens,
|
|
3)
|
Transaction reports at a merchant, store or terminal level,
|
|
4)
|
Setup discount coupon parameters, promotion messages for YESpay-Wallet consumers
shopping in his stores,
|
|
5)
|
Fraud prevention by checking and acting on alert messages from the emboss host.
|
The merchant's Store Manager ™ Mobile App is dialoguing with the YESpay emboss
Payment Service host to perform the above functions. YESpay emboss Payment Service
host can disseminate alert messages to the Store Manager™ application when potential
fraud events are detected, e.g. high-level of refunds over a period or if a card
is used repeatedly for multiple refunds in a day, week and month period.
To find out more on Store Manager™ please click
here
|
|
|
|
|
|
|
|
YESpay Wallet launched - payment gateways to drive penetration
of mobile wallets with consumers
|
Growing at over 40%, with many thousands of merchants globally, YESpay has launched
a free consumer mobile and web wallet service, that in the future will also support
NFC based payments, once NFC smartphones become widely available.
YESpay merchants perform millions of card payments per week, and now their card
paying customers can create free personal wallets by going to https://www.yes-pay.net/cardholder-web/ or www.yes-pay.com to get instant benefits such as card
payment e-receipts, e-coupons and location based services. YESpay-Wallet supports
storage of personal Visa and MasterCard in the ‘My Wallet' function which can be
used to make payments at web, mobile and physical stores of YESpay merchants.
YESpay-Wallet for BlackBerry, iPhone and Android smartphones will shortly be available.
YESpay-Wallet supports roll out of retail couponing, loyalty and location-based
mobile advertising and marketing services, many of which will use NFC in the future.
Standard Visa/MasterCard Payment applications are also supported via the wallet.
YESpay-Wallet service enables consumers to create the wallets through participating
merchants' websites, at YESpay www.yes-pay.com
website or via the mobile smartphone applications to be launched in May, which supports
a wallet-registration function.
Consumers will also be able pay for in-store purchases at YESpay merchants by launching
their YESpay-Wallet mobile application, selecting the card from information stored
in the wallet and holding the smartphone in front of a scanner that scans a barcode
on the phone screen. The barcode image represents the payment card. YESpay convert
the barcode image data into the card details at their PCI-DSS Level 1 certified
Data Centres before forwarding the card authorisation request to the merchant's
card Acquirer. Consumers making purchases online on the web or through a mobile
website need to log in to the wallet, select the card and then confirm the payment.
YESpay mobile wallets will offer consumers several perks, such as the ability to
create virtual versions of their credit or debit card that link to the card accounts.
When consumers use the virtual card, the merchant processes the payment using the
credit or debit card linked to the virtual card account. Virtual cards use an issuer
identification number, a unique, six/eight-digit number that identifies a bank in
electronic transactions. The issuer ID numbers belong to YESpay and are registered
with the International Organization for Standardization. Because the virtual cards
use a YESpay issuer ID number instead of a bank ID number they are safer to use
on the Internet and in the mobile environment. Consumers thus do not have to provide
their actual credit or debit card information to the merchant.
YESpay is encouraging its Web, EPOS and Kiosk solutions partners to promote YESpay-Wallet
in particular as part of a bigger plan to introduce e-coupons, promotions and gift
card services initiative. YESpay has now released its YESpay-Wallet web-services
APIs for any partner to integrate web and mobile wallet functionality.
To find out more on YESpay Wallet please
click here
|
|
|
|
|
|
|
YESpay offers first truly integrated DCC and Tax Free capability
with its managed payment service, EMBOSS
Fintrax and YESpay International have now partnered to offer a truly integrated
DCC (Dynamic Currency Conversion) and Tax Free Shopping service to high street merchants.
DCC allows the merchant to offer foreign cardholders (Mastercard and Visa) the choice
to pay for their goods and services in their home billing currency at the point
of sale, whilst the transactions continue to be settled in Sterling to the merchant.
Once the credit card is swiped or inserted into the payments terminal, the foreign
credit card and the corresponding currency are recognised immediately and the terminal
automatically displays the DCC offer for the customer.
The sales amount is displayed on the PED screen in both the cardholder's billing
currency and the merchants base currency together with the rate of exchange used,
the cardholder simply chooses the currency they want to pay in by pressing the appropriate
key on the PED. Whichever currency they choose, the authorisation process remains
the same and end of day readings and subsequent settlement is in the merchant's
base currency.
The benefit for the consumer is simplicity, confidence that the purchase amount
is the total they will be charged in their home currency, competitive exchange rates
and ease of reconciling business /personal expenses in their home currency.
DCC is offered in 28 currencies and it is a great way for merchants to generate
more business and revenue, to offer an extra service to their customers and to get
an insight into their customers' buying habits using Fintrax's management reports
that complement YESpay's payment proposition. DCC makes purchasing for international
customers much easier encouraging greater spend.
Premier Tax Free is another functionality that enables the merchant
to automatically print Tax Free forms in under 10 seconds as part of the payment
process. The customer must then get their VAT form stamped by Customs when they
leave the EU. Overseas customers can thus save money in the store and use the Tax
Free saving to buy additional items. The merchant can offer a better customer experience
than their competitors, generate additional revenue from each Tax Free sale, and
indeed receive reports on foreign spend activity.
YESpay's integration with Fintrax means merchants of all sizes that work with foreign
customers now have a cost-effective PCI-DSS compliant payment solution fully integrated
with DCC and Tax Free Shopping functionality. emboss is the first proposition of
this kind to the UK market!
|
|
|
|
|
|
YESpay announces a strategic alliance with Tee-On Golf Systems,
offering jointly EMV managed payment service!
Tee-On Golf Systems POS software is now integrated with YESpay's EMV Chip
& PIN accredited and PCI-DSS Level 1 certified managed payment service called EMBOSS™
.
Already validated for EasyV-Internet (YESpay's e-commerce payment solution),
Tee-On's POS is now able to process magnetic swipe and EMV Chip & Pin cards
using YESpay's EasyV-Retail solution. Integrated with EasyV-Retail,
Tee-On's POS now constitutes a unique proposition for inventory management
as well as EMV Chip & PIN and magnetic stripe card acceptance, processing payments
for golf clubs.
Merchants running Tee-On's POS software can now process and settle transactions
securely with their chosen card acquirer such as Chase Paymentech and First
Data Merchant Services (FDMS) via YESpay's EMBOSS payment service.
Tom Condon, President of Tee-On Golf comments "We were searching
for a cross-border and EMV compliant payment solution for our customers in North
America and have been impressed by the uniqueness of YESpay`s payment architecture,
completely insulating merchants from cardholder details. Tee-On Golf is now integrated
with YESpay, for e-commerce and card - present, offering golf clubs a low cost PCI-DSS
compliant solution helping them beat the threatening EMV deadline."
|
|
|
|
|
|
Pulse Retail partners with YESpay to offer jointly integrated EMV
managed payment service!
Integrated with YESpay's EasyV-Retail, Pulse Retail Systems now offers a comprehensive
solution for EMV Chip & PIN and magnetic stripe credit and debit card acceptance
and processing for merchants of all sizes.
Thanks to this strategic partnership, Pulse Retail's merchants can now securely
process transactions with their selected card processor and YESpay's PCI-DSS (Level
1) certified EMBOSSTM payment service. As Bill L. Clements, Manager Client Relations
of Pulse Retail Systems comments "We wanted to offer our clients a
PCI-DSS compliant EMV Chip & Pin ready solution that was multi-acquirer approved.
YESpay made the difficult task of achieving multiple certifications from multiple
acquirers a simple one by helping us navigate the requirements to achieve both EMV
Chip & Pin readiness as well as PCI-DSS compliance. By partnering with YESpay, our
solution ensures that our clients do not require separate PA-DSS certification."
Merchants running Tee-On's POS software can now process and settle transactions
securely with their chosen card acquirer such as Chase Paymentech and First
Data Merchant Services (FDMS) via YESpay's EMBOSS payment service.
This solution relieves merchants from investing and maintaining an expensive in-house
payment solution as well as undergoing formal EMV end-to-end bank testing and managing
PCI-DSS compliance. Outsourcing payment processing considerably cuts the costs and
timescales associated with bank accreditation and compliance with PCI-DSS requirements!
|
|
|
 Comment
|
|
|
|
|
Advanced payment solutions are all about higher turnover, faster profits, lower
operational costs and happier customers. YESpay's EasyV-Suite products
are innovative and cost-effective card payment solutions for EPOS, Kiosk, Hospitality
and Mobile point-of-sale systems as well as Internet Websites. These products combine
with our hosted emboss payment service to enable our merchants to perform credit,
debit and gift card payments in both card-present and card-not-present environments.
Find out more about EasyV-Suite
|
|
|
|
|
|
|