OVERVIEW
Globally merchants accept payments via various types of cards (Credit / Debit / Gift / Prepaid) using traditional POS terminals, where the card is swiped to trigger a payment transaction with the acquiring bank. These terminals also enable merchants to run end of day batches, to settle the transactions with their banker.
DESCRIPTION
Key Features
- End to end PCI compliant solution; encrypted transactions from card reader to m-App software, to, Estel PASS, to Bank switch
- Multiple Card readers supported: magnetic stripe only (MSR), MSR + PIN, EMV (Chip & PIN)
- Simple & secure web based merchant registration & activation process
- Electronic signature capture
- Customized receipts on: email, SMS & print (via optional Bluetooth Printer)
- Real-time management of transactions, refunds and reports, via Merchant m-App software & Merchant Web & Mobile Portal
- Support all card types: credit, debit, gift & prepaid; Master Card and Visa
- Card processor independent, mobile network independent, device independent
- Business models: solution is offered both on Capex model, and, as a hosted (cloud service) on revenue share basis
