NEW SOFTWARE DEVELOPER’S KIT SUPPORTS DIGITAL SIGNATURE CAPTURE AND RETREVIAL SERVICES GIVING MERCHANTS ENHANCED CHARGE-BACK PROTECTION
FOR IMMEDIATE RELEASE
Contact: Bill Pittman
President
RichSolutions.com
Tel: 425-836-4251
Fax: 425-868-0774
Redmond, WA, October 2 - RichSolutions, Inc., developer of RichPayments.NET the leading provider of ePayment Web Services today announced the immediate availability of a new Software Developer’s Kit (SDK) that supports electronic signature and receipt capture service (ERC). ERC is a paperless system that securely stores and retrieves electronic receipts on demand, virtually eliminating bank charge-backs and the need for merchants to store and manually retrieve paper receipts.
Utilizing Interlink Electronics’ ePad-POS e-signature solution, RichSolutions’ ERC service combines secure front-end signature capture capabilities with a secure back-end receipt storage and retrieval platform. Customers simply swipe their card, sign the receipt on the ePad and the receipt is automatically stored for fast easy recall. These services are now available in RichSolutions’ Free SDK so point-of-sale software developers can easily integrate this functionality into their vertical applications.
ERC is built on RichPayments.NET, a new ePayment Web service with the ability to process credit cards, debit cards and check services in both the physical and virtual domains. It allows receipt data, including the cardholder`s signature, to be electronically captured and stored on secure servers. Electronic signature and transaction data are locked together as a single image and time-stamped for fraud prevention. The integrated charge back defense mechanism allows for the quick location and retrieval of the disputed transaction that can then be sent to the appropriate party by electronic mail, fax or electronic data interchange. This process complies with MasterCard® and VISA® operating regulations.
"Merchants want to increase revenues, decrease costs and improve operational efficiencies. That`s exactly what these solutions help them do, and we are pleased to team up with Interlink Electronics to bring these important, much-needed card payment solutions and value-added services to banks, processors, independent sales organizations (ISOs), independent software vendors (ISVs) and ultimately merchants," said Bill Pittman, President of RichSolutions, Inc.
“The potential cost savings for merchants at retail is substantial,” said Rod Vesling, vice president of marketing and sales, electronic transactions, Interlink Electronics. “Eliminating bank charge-backs and the need to store and retrieve receipts is a major step forward for most retailers. Interlink’s ePad is the perfect choice to provide signatures for such a service. It is today’s most cost-effective, biometrically secure, handwritten e-signature solution. We are pleased to be working with RichSolutions to bring the ERC service to the point-of-sale industry.”
About RichPayments.NET
The RichPayments.NET is the first ePayment Web service compatible with Microsoft’s new .NET initiative. It is certified with major payment processors and has the ability to process credit cards, debit cards and check services on any device, at anytime and anyplace. The ERC service will be available in RichPayments for Windows a new PC application, virtual terminal browser based solutions as well as a Software Developer Kit (SDK) for ISVs. The SDK can be downloaded for free from RichSolutions Web site and the RichPayments products and services are sold through merchant service providers. For more information please contact RichSolutions.
About RichSolutions, Inc.
RichSolutions, Inc., is a privately held corporation based in Redmond, WA, and is the leading provider of innovative ePayment Web Services for processing credit, debit/ATM card, and check services. RichSolutions develops integrated ePayment solutions that work on any device, at anytime and anyplace. RichSolutions technology is an alternative to the stand-alone single-function bank terminals many businesses currently use to process payments and provides a full suite of ePayment Web services that can be integrated into Electronic Commerce environments or retail point-of-sale systems. RichSolutions has established long-standing relationships with banks and institutions that help process electronic payment transactions. RichSolutions can be reached through the Internet at www.richsolutions.com or by calling (425) 836-4251.
About Interlink Electronics
Interlink Electronics, Inc. is the world’s leading developer of intuitive interface technologies and solutions of business and home applications. The company’s ePad electronic signature solution is an innovative input device that captures handwritten signatures for biometrically-secure use with electronic documents and transactions. The company maintains offices in Camarillo, California, and Tokyo, Japan, and is available online at www.interlinkelectronics.com, or in Japan at www.interlinkelec.co.jp.
RichSolutions is a trademark of RichSolutions, Inc.
RichPayments is a trademark of RichSolutions, Inc.
Microsoft Windows is a registered trademark of Microsoft Corporation.
All other trademarks are the property of their respective owners.
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