Overview of VeriFone Multi Channel Processing. VeriFone Solutions Upcoming Technologies Card Payment Lifecycle Integration Q & A A G E N D A

Similar documents
P O S I T I O N I N G T H E P O S AT T H E M E R C H A N T I N A C A S H L E S S E N V I R O N M E N T. Martin Holloway October 2012

A to Z Jargon buster. Call +44 (0) to discuss your upgrade options

watsonwyatt.com Compensation Discussion and Analysis Scorecard

The Cost of Capital Navigator. The New Online Resource for Estimating Cost of Capital

Global Real Estate Outlook

A report showing the merchant s settlement. The acquirer settlement report is generated by the acquiring bank at the end of every billing cycle.

Hospitality & Leisure Corporate Governance Snapshot

Supplemental Information Fourth Quarter 2011 Earnings Call

May Global Growth Strategy

VERIFONE SYSTEMS, INC. (Exact name of Registrant as Specified in its Charter)

Global. Real Estate Outlook. Jeremy Kelly Global Research. David Green-Morgan Global Capital Markets Research

USDA Foreign Agricultural Service

Investor Presentation

Watson Wyatt Worldwide Fiscal 2007 Presentation

The State of the CIO in 2018

Sal. Oppenheim European Financial Conference

INVESTOR PRESENTATION

Trade Risk Mitigation. Michelle Hui Managing Director Head of Trade and Supply Chain Finance - APAC BNY Mellon

Schroders. KBW European Financials Conference. Massimo Tosato Vice Chairman. 17 September trusted heritage advanced thinking

Supplemental Information Second-Quarter 2013 Earnings Call

CORPORATE PROFILE. Mitsui Sumitomo Insurance

UPCOMING SCHEME CHANGES

Investors View. How Boards Can Prepare for the 2018 Proxy Season

D A T A S E C U R I T Y, F R A U D P R E V E N T I O N A N D P C I C O M P L I A N C E. May 2015

Opportunities for Action in Financial Services. Crafting New Approaches to Offshore Markets

INVEST WITH A GLOBAL LEADER

Credit Card Acceptance and Processing Procedures

Supplemental Information Earnings Call

HIPAA s New Rules: Expanding Scope, Clarifying Uncertainties, and Reinforcing Fundamentals

Hotels & Hospitality Group December Hotel Investor Sentiment Survey

Payments terminology and acronyms

Does M&A insurance close the gap? German M&A and Private Equity Forum March Clemens Küppers Private Equity and M&A Practice

2016 FULL YEAR RESULTS. February 28th, 2017

This Is Commerzbank. An Overview. Commerzbank AG Group Communications Frankfurt, 8 February 2018

Update: EU VAT on E-Commerce

Payment Acceptance Services

Financing Business - Bank Partnering in Vietnam. CEEC Breakfast Meeting

What is executive remuneration in high definition?

Greater Philadelphia Board Index

Payment Services Academy

Joining the Crowd: SEC Adopts Final Crowdfunding Regulations - Part I

William Blair Growth Stock Conference

The Global Financial Centres Index 25

Supplemental Information Earnings Call Third-Quarter 2015

Schroders Wealth Accumulation Programme (SWAP) For Accredited Investors Only

Consolidated Statement of Financial Condition May 30, 2003

Global Real Estate Transparency Index, 2018 Transparency in 158 Cities. Global Research

Perspectives. Thinking Differently About Dividends

Event Merchant Card Services

Cap Rates Continue Their Trend Downward in Q2 Summary

TARGET A MORE PRECISE OUTCOME. Franklin Target Return Fund

Changes to Hedge Fund Disclosure and Reporting Obligations

PRIVACY AND CYBERSECURITY ISSUES IN M&A TRANSACTIONS

TAX ALERT. Royal Decree-Law 3/2016, of December 2, which adopted the tax measures to consolidate public finance and other urgent social measures

SEC Issues Risk Alert on Custody Rule, Reinforcing Its Message to Registered Investment Advisers in Its Examination Priorities for 2013

Subject: Protecting cardholder data in support of the Payment Card Industry (PCI) Data Security Standards

The Global Financial Centres Index 23

Consolidated Statement of Financial Condition May 30, 2008 (unaudited)

The Rise of the Industrial Chief Digital Officer

Contents. Introduction 4. Directors conflicts duties 4. What is a conflict? 5. Who can authorise? 6. Authorising conflicts 7

Consolidated Statement of Financial Condition November 30, 2007

Commerzbank AG Medium- and Long-Term Export Finance The best instruments to finance the import of capital goods to Iraq

The Global Financial Centres Index 13 MARCH 2013

Index Methodology Guide for the FactSet Global Robotics & Automation Index TM

Investor Presentation. 53,000 employees, 200 offices, 75 countries, 1 global platform

BUSINESS POLICY. TO: All Members of the University Community 2016:07. Credit Card Processing and Security Policy (Supersedes Policy 2009:05 & 2012:12)

The Global Financial Centres Index 12

COLORADO STATE UNIVERSITY Financial Procedure Statements FPI 6-6

Merrill Lynch Banking & Insurance Conference

Investor Presentation. 53,000 employees, 200 offices, 75 countries, 1 global platform

Hotel Values in Transition An Appraisal Technique for These Uncertain Times

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION AND NOT FOR USE BY RETAIL INVESTORS

Ball State University

MiFID II Best execution and client order handling

Saudi Arabia opens Stock Market to Foreign Investors. May 2015

Remuneration voting 2015 AGM season. CA Brochure_Remuneration Voting (Dinesh Rajan).indd 1

UNL PAYMENT CARD POLICIES AND PROCEDURES. Table of Contents

IS YOUR TAX STRUCTURE

LCH.CLEARNET LIMITED PROCEDURES SECTION 2C SWAPCLEAR CLEARING SERVICE

VeriFone Reports Results for the First Quarter of Fiscal 2012

The Global Financial Centres Index 17

The Global Green Finance Index 1 Summary Report

Saudi Arabia opens Stock Market to Foreign Investors. May 2015

Credit Card Handling Security Standards

dentons.com Tax Calendar 2017

Consolidated Statement of Financial Condition November 28, 2008

Perspectives. The End of the Public Company As We Know It

GCC Insurers at the Crossroads in 2012: Rebound or Collapse

Hogan Lovells (Luxembourg) LLP. What do you know about us?

Chapter 4 E-commerce Security and Payment Systems

Putting the Past to Use: A Hotel Forecasting Tool for the Current Downturn

Universal APPLICATION FOR MERCHANT CARD PROCESSING ISO/ISA

Innovative Payment Solutions First Data Introducing Pogo>

Bank of Mauritius. National Payment Switch

Franklin Templeton Investments Our Global Perspective

The Global Financial Centres Index 15 MARCH 2014

DC flexibility: providing DC access through external providers.

STORED CREDENTIAL & CREDENTIAL-ON-FILE GUIDE

GERMANY S DIGITAL HEALTHCARE MARKET

Table of Contents. Overview. What is payment processing? Who s Who. Types of Payment Solutions. Online Transactions. Interchange Process

Transcription:

A G E N D A Overview of VeriFone Multi Channel Processing Add-on Services Central Reporting VeriFone Solutions Upcoming Technologies Card Payment Lifecycle Integration Q & A 2

W H O A R E V E R I F O N E?

W H O W E A R E A leading global provider of technology that enables electronic payment transactions VeriFone Systems, Inc. (NYSE: PAY) Founded in 1981 $1.3 billion revenue in FY2011 Leader in most markets 4800 employees worldwide Active in over 110 countries Systems installed in over 20 million locations globally 4 VeriFone Systems, Inc. Confidential Information

W O R L D W I D E O F F I C E S Honolulu Toronto Boston Sacramento Chicago S. Plainfield San Jose Las New York Vegas Atlanta Philadelphia San Diego Dallas Savannah Clearwater Hermosillo New Orleans Miami Mexico City Guaynabo Frankfurt Linköping Stockholm London Bad Riga Hersfeld Dublin Moscow Warsaw Ashford, Kent Paris Vienna Montpellier Budapest Milan Istanbul Madrid Ankara Palermo Tel Aviv Dubai Mumbai New Delhi Bangalore Beijing Guangzhou Hong Kong Bangkok Seoul Shanghai Taipei Manila Singapore Santiago Sao Paulo Montevideo Buenos Aires Johannesburg Melbourne Sydney 5 VeriFone Systems, Inc. Confidential Information

M U LT I C H A N N E L P R O C E S S I N G

PAY M E N T A C C E P TA N C E E N V I R O N M E N T S Retail Hospitality E-commerce MOTO Unattended Mobile Processing VX 680 Hostage Page Template driven GPRS Pre-Configured Solution 7

PAY M E N T G AT E WAY F A C T S Processed 508 Million Transactions in 2011 Processing service monitored 24/7, 365 days a year ICP is a level 1 Payment Card Industry Data Security Standard (PCI DSS) certified payment processing infrastructure 100% Up time over the past 12 months Dual Room Processing and DR site for added resilience 100% secure uses encryption to safeguard against interception of sensitive card details 8

VA L U E A D D E D S E R V I C E S Gift and loyalty cards Mobile vouchers Tax free Shopping / DCC E-top up Online reporting service

C E N T R A L R E P O R T I N G

W E B C O M WebCom is an online reporting and management tool for reconciliation and terminal management throughout the merchant s multi-channel estate All sales channels can be accessed via a single WebCom login Support for user management, allowing multiple users to be given different levels of access to the system Terminal Management Facilities as well as support for changes to system configuration Comprehensive and customisable reporting tools. Create and View Tokens Ability to process transactions adhoc (CNP)

W E B C O M Instantaneous Reporting - Transaction Search - Custom Reports - Scheduled Reports - Live Store Reports - Submitted Reports

P R O F E S S I O N A L S E R V I C E S VeriFone is ready to support you during testing, setup, implementation and on-going operations. We offer: Integration services Help desk support Repair centre Business consultancy Installation services Project management

V E R I F O N E S O L U T I O N S

A F U L L R A N G E O F PAY M E N T D E V I C E S All new VeriFone devices are NFC ready Countertop Portable PIN pad VX 520 VX 520 VX 680 VX 820 NFC Ready NFC Ready NFC Ready Mobile Countertop PAYware Mobile VX680 GPRS VX520 GPRS VX 820 DUET NFC Ready NFC Ready NFC Ready 15

C A R D H O L D E R P R E S E N T Solutions for all enviroments Pre-accredited payment solution Standalone and Integration options Simplify installation process Simplify PCI DSS certification Value Added Services 16

PAY WA R E O C I U S P O I N T TO P O I N T E N C RY P T I O N PoS Back Office Company Network Internet (RSA Connection) Remote Managed Service Acquirer Ocius Software securely resides on PinPad within a PCI PED/APACS Common Criteria environment INSERT CARD Total : 10.00 Encryption performed within the PED prior to onward transmission Ocius application on the PoS receives encrypted data packets and forwards across the network to ICP. Malware rendered useless End-to-end encryption with ICP Managed Service via Secure Internet Connection, through to Acquirer 17

C A R D H O L D E R N O T P R E S E N T Payment Page Web Services PayPal Ready Simplified PCI DSS Fast, resilient payment services Tokenisation Fraud Checking, PayPal and Gift 18

U P C O M I N G TECHNOLOGIES

C O N TA C T L E S S / N F C M O B I L E PAY M E N T S NFC phone shipments will approach 40 million units in 2011 and reach more than 500 million by 2015 1 in 6 users worldwide will have a NFC-enabled phone by 2014 85% of POS terminals shipped worldwide will be contactless-enabled in 2016 1 Billion contactless payment cards will be shipped globally by 2016 20

N F C E N A B L E D P H O N E S AVA I L A B L E Nexus S Galaxy S II Bold 9900 C7 T530 U8650 Vega Racer Wave 578 Bold 9930 N5 Optimus Net S5230 Curve 9350 600 E320 S5260 SHW- A170K Curve 9360 Curve 9370 700 701 And these brands all have plans to introduce NFC phones soon Wave M Wave Y A lot of entry-level smart phones are expected to be available commercially which can be deployed in almost any market Source: NFC Times, NFC World 21

N F C G O A L S Innovation at the Point of Interaction Global leader in the accelerating electronic payments industry Driven to develop innovative solutions on the forefront of technology Engine for emerging markets penetration Leader in all markets with strategic focus on geographic expansion Owns the accepted standard for credit card end-to-end encryption, being adopted industry-wide Providing expertise, solutions and services that add value to the point of sale Leading the way in redefining the new landscape of Intelligent Checkout 22 VeriFone Systems, Inc. Confidential Information

M O B I L E P O S A C O M P E L L I N G P R O P O S I T I O N Portable POS Card Acceptance POS Contactless Scanner Encryption 23

M O B I L E P O S K E Y F E AT U R E S Item/price lookup Apply discount Email receipts Suspend transactions Retrieve transactions Tender with credit card Store locator Gift card sales 24

C A R D PAY M E N T L I F E C Y C L E

L I F E C Y C L E O F A PAY M E N T 1. Card Capture Web Site Payment Page Hosted PayPage Integrated Payment Application Standalone Payment Terminal 26

L I F E C Y C L E O F A PAY M E N T 2. Authorisation Request Transaction Record Txn Type, Value and Reference etc. Encryption Applied Sent to the Payment Gateway 27

L I F E C Y C L E O F A PAY M E N T 3. Processor communicates with the Acquirer and Card Scheme Encryption Removed Transaction Directed to Relevant Service Authorisation Message Compiled Communicate with the Host 28

L I F E C Y C L E O F A PAY M E N T 4. Authorisation Verification Authentication Performed Funds Reservation Authentication Code Issued 29

L I F E C Y C L E O F A PAY M E N T 5. Processor communicates the authorisation result to the Merchant Transaction Result Receipts Created No Sensitive Card Data 30

L I F E C Y C L E O F A PAY M E N T 6. Processor performs settlement on behalf of the Merchant Transactions are stored during authorisation process Complied into bulk submission file Transmitted to Acquirer Monitored 24/7/365 31

I N T E G R AT I O N

W H Y I N T E G R AT E? Faster checkout process Avoid un-necessary errors Simplify reconciliation Merchants and PoS integrators typically do not want to handle sensitive card data Acquirers mandate that payment applications need to be PA-DSS certified Lengthy certification processes 33

I N T E G R AT I O N Retail Socket Connection Comma Separated Record Web Services XML Based Messaging XSD formatting 34

I N T E G R AT I O N Transaction Request Messages Transaction Type Transaction Value Merchant Reference Token Registration Decision Cash back can be added during the transaction process Gratuities are added by the cardholder on the PED 35

I N T E G R AT I O N Transaction Response Messages Transaction Result Authorisation Code Card Scheme Masked PAN Date/ Time Merchant and Account details Authorisation Message Token ID 36

I N T E G R AT I O N Additional functions Value Add-ons Request Information Get Card Details Report Generation 37

Q U E S T I O N S?

C O N TA C T D E TA I L S Chris Evans Tel: 01233 655 442 Mobile: 07554 435 675 E-mail: chris.evans@verifone.com Paul Whitehead Tel: 01233 655 422 Mobile: 07730 898 400 E-mail: Paul.whitehead@verifone.com 39

C O N C L U S I O N Thank You 40 VeriFone Systems, Inc. Confidential Information