IPCharge Supports Multiple Business Segments Through a Single Solution
Las Vegas, NV - March 15, 2005 - (ETA Booths #400 and #712) VeriFone, Inc., the leading provider of payment solutions, today announced IPCharge, a Web-based hosted payment processing solution that merchants can use to process payments quickly, securely and cost-effectively. Designed for resale by Independent Sales Organizations (ISOs), IPCharge accommodates card-present, mail-order/telephone-order (MOTO), Web and ecommerce transactions and can be used by any merchant with Internet access.
IPCharge is a hosted service that ISOs and other value-added resellers (VARs) can provide to merchants to securely process payments in real-time over the Internet. The service is designed to support all major payment types, including credit, PIN-based debit, electronic checks, and gift/loyalty card transactions. IPCharge supports multiple bank processors, varied connectivity methods and can be offered as a total solution “Virtual Terminal” or integrated with electronic cash registers or point-of-sale (POS) terminals.
“IPCharge equips ISOs to manage their gateway business from start to finish, with the ability to remotely manage merchant accounts and all of their reseller/agent accounts from anywhere,” said Bud Waller, executive vice president, Integrated Systems, VeriFone. “VeriFone provides resellers with a single source for trusted payment processing solutions in any desired merchant environment.”
IPCharge enables merchants to operate multiple business segments -- Web site, eCommerce, card-present, etc. -- through a single payment solution and can be integrated with existing ECR- or POS terminal-based solutions. As a hosted “thin client” payment solution that adheres to Payment Card Industry (PCI) Data Security Standards, IPCharge can be set up within minutes to provide merchants with a secure payment processing solution that handles and protects cardholder data.
IPCharge complements a range of VeriFone solutions, including PC- and server-based products. Resellers can offer a full range of products and services through a single vendor and create a new stream of revenue by private labeling the IPCharge service to increase brand awareness and loyalty. IPCharge integration is simple and server-side maintenance keeps the reseller’s application up-to-date and compliant with card association and processor regulations.
Application developers can integrate IPCharge to develop recurring revenue opportunities. A Universal API ensures easy and flexible integration with a write-once interface eliminates the need to write additional code to suit the needs of different merchants. IPCharge utilizes a premier data center with no single point of failure to ensure reliable performance and is certified with a wide range of authorization networks.
Additional Resources:
www.verifone.com/IPCharge
About VeriFone, Inc.
VeriFone, Inc., a global leader in secure electronic payment technologies, provides expertise, solutions and services for today with a migration strategy for tomorrow. VeriFone delivers solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over eleven million electronic payment systems since inception in 1981.
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