Welcome to YESpay e-newsletter |
March
2010
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Intelligent payments
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Intelligent Payments from YESpay - the authoritative source of insight into strategies
for using payments technology to improve your business.
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YESpay becomes Canada's first pre-accredited payment gateway for
EMV Chip and PIN
YESpay has pre-accredited EMBOSS with Chase Paymentech
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YESpay launches new website
YESpay's website enhanced to reflect our global operations as a leading payment
service provider
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YESpay strengthens its Management and Support team
With continued growth and expansion internationally, YESpay strengthens its senior
management and support teams
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YESpay continues to innovate with Cloud Computing at the forfront
of emboss
YESpay improves its emboss service resilience and reliability by adopting cloud
computing architecture, putting it at the forefront of innovation in the payments
industry
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YESpay partners with ACE Retail POS to assist Canadian retailers
with their payment needs
YESpay International Ltd is delighted to announce a new strategic partnership with
Canadian POS provider, ACE Retail POS.
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YESpay and Spektrix work together to support theatre ticketing
in the UK
Leading box-office solution provider, Spektrix, have joined hands with YESpay International
Ltd to assist theatres nationwide with their ticketing and payment processing requirements.
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YESpay International at II International Conference on International
Business
Senior Internal Sales team - Aditya Shakalya and Advet Dixit - gain exposure at
a leading business conference.
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YESpay’s emboss Bureau Service becomes first fully accredited EMV
Chip and PIN managed payment gateway in Canada.
YESpay continues its global expansion and has pre-accredited its emboss card payment
service with Chase Paymentech as the first fully hosted EMV Chip and PIN payment
service in Canada. The formal approval and accreditation conducted by Chase Paymentech
included end-to-end EMV Chip and PIN testing with MasterCard and Visa as well as
debit card testing with Interac. This enables YESpay to provide its secure payment
services for retail, MOTO (mail order telephone ordering) and e-commerce credit
and debit cards (with online PIN validation in card present environments) to any
high street or web merchant not only in Canada but also USA.
Rohit Patni, EVP Sales and Marketing, YESpay, said, "Our certification of emboss
is a major breakthrough in Canada. Businesses of all sizes who have been facing
in-house system certification issues, including the task of complying with PCI DSS
regulations, can outsource their payment processing needs to YESpay who takes on
the responsibility, relinquishing the liability of security, PCI compliance and
bank accreditation."
YESpay became the first payment service provider to launch an EMV Chip and PIN managed
service in UK back in 2004. We continue to remain dedicated to the payments industry
by replicating our Software as a Service model in Canada and other European countries
with emboss at the forefront of this marketplace.
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YESpay launches new website
We are pleased to announce the launch of our new website reflecting the growth and
expansion into new payments products and services on a global basis.
Partner and retailers can now have a clearer view of our offering and access resources
and reports by logging into their secure portal.
Visit www.yes-pay.com and
enjoy the new content. We welcome your feedback.
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YESpay strengthens its Management team
With continued growth in the UK and expansion internationally, YESpay is pleased
to welcome Nigel Exton who joins us as SVP Operations and Client Services and Tony
Chana who is now our VP Operations and Support – UK. Both are seasoned individuals
with over 30 years of retail experience between them, and will enhance our ability
to provide closer collaboration with our integrator partners and retail customers.
Dhiraj Dutta has taken on new challenges and his role extended to VP Operations
and Support – International.
Nigel Exton - SVP of Operations and Client Service
nigel.exton@yes-pay.com
Nigel Exton is the SVP of Operations and Client Service. Prior to YESpay, between
2007 and 2010, he was Head of Client Services for Itim, a software and services
supplier to the Retail Sector and a major partner of YESpay in the UK. Between 2003
and 2007 Nigel was Product Service Director at BT Expedite, formally NSB, another
major supplier of software and services to the Retail Sector. Nigel has worked in
IT for over 30 years and within the Retail Sector for 25 years. Prior to BT Expedite
he held senior IT roles for several major UK retailers including MFI, Argos, and
Mothercare. He was educated at Hertford College, Oxford University and obtained
an MA in Engineering Science.
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Mr Tony Chana – VP Operations and Support - UK
tony.chana@yes-pay.com
Tony Chana is the VP UK Operations and Support and brings over 20 years of retail
systems experience to YESpay. Taking the product lead, Tony has managed the design,
development and delivery of several globally compliant EPOS systems for Torex Retail
as well as numerous integration projects to payment systems, property management
systems, accounts and ERP systems. Tony graduated in Engineering Systems & Control
from Huddersfield University, UK.
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Back-office team expansion:
We welcome new members of our back office team located in India. Selected for their
expertise in IT services, support and development continue they will strengthen
our ability to provide the best payments services to all our customers and partners.
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Mr. Sudhir Kumar Jain – QA Manager
sudhir.jain@yes-pay.com
Sudhir joined YESpay in February' 2010 as QA Manager. He is a graduate from DAVV,
Indore with a Masters in Computer Management. He was QA Consultant in NIIT Technologies
New Delhi, YASH Technologies & R Systems. He worked in USA (On-site) on various
projects with companies like SEI (BFSI domain), SITA (Air Travel domain). Between
1997 and 2000 he was database developer in Thyron. In his spare time he enjoys playing
badminton, chess, watch movies and reading books.
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Mr. Gaurav Singh - Operations and Support Engineer
Gaurav.singh@yes-pay.com
Gaurav Singh joined YESpay as Operations and Support Engineer in January 2010. He
has a Bachelors in Engineering (CS) from SRIT, (city). He worked with Wipro BPO
from Jan 2008 to Oct 2009 where he handled customers and trained OJT batches. He
likes to listen to music and play cricket in his free time.
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YESpay improves its emboss service resilience and reliability
Payment service resilience and reliability are paramount for retailers' point of
sale networks. YESpay has adopted "Cloud Computing" architecture as a technological
advancement within its dual, hosted data centres used to deliver bank accredited
and PCI DSS approved end-to-end emboss payment services to its varied retail customer
base. Cloud computing, as part of YESpay's Software as a Service business model,
serves to make business practices faster, more efficient and reliable by incorporating
real-time, transaction load-sharing capabilities between multiple servers located
in disparate locations.
Availability: Dual data centres provide full load sharing as well
as DR capability, ensuring optimum security and high-level reliability. Benefit
from near 99.99% payment service availability thanks to cloud computing.
Scalability: Each data centre is fully scalable enabling more servers
to be continuously added as the number of transactions processed via emboss increases.
Security: Integrated into every aspect of YESpay's emboss payment
service, cloud computing architecture remains fully PCI DSS approved ensuring all
cardholder data is stored safely and securely.
Serviceability: Securely update or even replace application servers
without disruption to availability and security, thereby ensuring clients are able
to operate without any downtime.
YESpay's cloud computing architecture increases our capability to deploy payment
applications, increase innovation, and lower costs, all whilst increasing business
agility for our customers and as well as us, your Payment Service Provider (PSP).
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YESpay partners with ACE Retail POS to assist Canadian retailers
with their payment needs
YESpay International Ltd is delighted to announce a new strategic partnership with
Canadian POS provider, ACE Retail POS.
ACE Retail POS, who provide full-featured POS and back-office Business Management
software package, have selected YESpay to act as its payment processor in Canada
to provide secure “Managed Card Payment Services” to multi-chain retail businesses
operating in high streets, hospitality, leisure, mail order and e-commerce environments.
ACE Retail POS has specific features which are fully customizable to achieve all
retailers’ unique needs. Vertical markets currently using their program include
garden centers, clothing, furniture, grocery supermarkets and auto parts to name
a few.
YESpay will assist ACE Retail POS via its fully accredited and PCI DSS (Level 1)
approved emboss payment processing managed service. The service enables merchants
to significantly reduce timescales, initial and on-going annual certification costs,
sometimes in excess of 65%, to become fully PCI compliant since they no longer have
access to or store credit and debit card data. Karel Sala, Company President, ACE
Retail POS comments, “We feel YESpay has the tools that our clients require and
request. They can assist retailers with fast, hassle free payment processing with
solid rates. We believe that ACE Retail POS’ partnership with YESpay will allow
us to offer quality services and competitive pricing to the Canadian and North American
retail market.” Rohit Patni, EVP Sales and Marketing adds, "YESpay is very much
looking forward to a fruitful partnership with ACE Retail POS. Together we can help
retailers to simplify taking payments and improve customer service."
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YESpay and Spektrix work together to support theatre ticketing
in the UK
Theatres and other arts venues are increasingly deciding to move away from traditional,
locally-hosted ticketing and payment solutions by outsourcing their payment processing
services and moving to web-based ticketing solutions. Leading box-office solution
provider, Spektrix, have joined hands with YESpay International Ltd to assist theatres
nationwide with their ticketing and payment processing requirements.
Increasing pressures for PCI compliancy have lead to high associated costs and issues
which are difficult to overcome when managing systems in-house. Spektrix has developed
a fully supported, redundant and resilient ticketing solution, which meets these
challenges. It is fully integrated with YESpay’s emboss solution, which is end-to-end
pre-accredited and fully PCI compliant removing the responsibility of arts venues
to go through the time-consuming and costly accreditation process themselves.
Another challenge that theatres face when managing payments in-house is the high
costs accumulated by investing in and managing expensive hardware. The Spektrix/YESpay
solution eradicates this need as the service is entirely outsourced.
Phil Norris General Manager of the ADC Theatre in Cambridge has commented on his
choice of the Spektrix/YESpay solution, "We wanted a fast, reliable and easy-to-use
box office system that removed the need for large amounts of IT hardware and was
up-to-date with PCI compliancy."
As e-commerce is becoming increasingly popular among arts venues, easy integration
to existing websites is required. The Spektrix and YESpay solution offers easy integration
to both e-commerce sites and Chip & PIN devices, putting it at the forefront of
fully-integrated ticketing and payment solutions in the UK.
Clare Moss, Box Office Manager at the Bush Theatre says, "We have been so impressed
with the approach, integration and support provided by Spektrix and YESpay that
we are encouraging other venues we work closely with to consider the solution."
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YESpay International at II International Conference on International
Business
II International conference on "Opportunities and Challenges in Global Business"
was held at Medicaps Institute of Technology and Management, Indore on 13th and
14th of Feb. 2010. The conference was attended by illustrated names in academics,
distinguished speakers from across the globe and students. The focus of the conference
was globalization, increasing competition in every field and steps that need to
be taken by emerging nations like India to establish themselves as major players
in the global economy.
The conference had attendees from distant countries like Zambia, Fiji, Iran, USA,
to name a few. Topics for the papers were broken into 7 streams with subjects ranging
from Finance, Marketing and International Business to Technology.
Aditya Shakalya and Advet Dixit represented YESpay international at the conference
and presented a paper on the topic "International Marketing and National Branding".
The abstract of the paper was shortlisted and the paper was chosen to be presented
at the conference. The paper addressed issues and complexities related to International
Marketing. Current trends in global business. strategies for positioning a nation
as a brand and managing the brand to address the target customers. The slideshow
of the presentation was well appreciated and helped create awareness about YESpay
International among students and academia at the venue. Download the slide deck
here.
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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
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