Industry Leading Security and Compliance Solutions

Cardholder security is our first priority at ePayment Solutions. We continually invest in tools and technologies to protect our clients' data and their customers throughout the payment transaction cycle like the latest in encryption and tokenization. Whether it is the initial card swipe at a terminal, an eCommerce transaction, payment authorization and settlement, you can count on ePayment Solutions to provide you a range of security measures to protect you from the damage of a security breach while helping you meet PCI compliance standards.

The First Data® TransArmor® solution is powerful payment card security that combines the flexibility of software- or hardware-based encryption with random-number tokenization technology. The TransArmor solution protects payment card data and prevents it from entering the merchant environment, so your systems never hold the actual card numbers from the transactions you process.

The TransArmor solution removes the need for merchants to store card data by replacing it with a randomly assigned number, called a 'token'. In doing so, TransArmor minimizes risk by reducing the scope of PCI compliance, shifts the burden of protecting cardholder data to First Data, and allows the 'token' to be used for other business and sales functions such as returns, sales reports, and analysis.

This advanced security technology addresses merchant concerns over card data protection, card data storage and the rising cost and complexity of PCI compliance.

ePayment Solutions Products

ePayment Solutions is leading the way to transaction success with payment processing that puts profitability on top. Through our program, ePayment Solutions makes it easy for our clients to process transactions using our deposit services, initiation, and multi-channel payment acceptance.

Saving time and money is a priority for business owners and ePayment Solutions provides an efficient answer to both calls. Companies in the small business circle as well as those looking to join higher ranks can use ePayment Solutions for faster and more accurate electronic check processing. Custom features unique to organizational needs allow our clients the flexibility to increase efficiency, boost profitability, and uncork cash flow. Improved payment processing makes a significant difference when the solution is simple and the benefits are strong.

It used to be that only large-scale companies had the luxury of electronic payment processing services. Now ePayment Solutions has put the power within reach of all business owners. Medical clinics and municipalities, collection agencies and couture boutiques; ePayment solutions has the tools you need to get the results you want.

ACH Processing (eCheck)

Safe and accurate electronic transactions save time and money for both business and customer. Simplify the payment process on both ends by taking advantage of ePayment Solutions. Use these available options for your accounts both payable and receivable:

• eCheck Virtual Terminal
• Recurring payments
• Online payments
• Automated payments from third-party applications
• Sending batches of payments at one time

Credit Card Processing

Credit Card payments are standard in today’s business transactions. ePayment Solutions offers payment processing plus options that allow you to facilitate your electronic reporting. It’s the total efficiency package. Use any of the following options to integrate your credit card payments and transaction reports:

• Swipe card reader
• Virtual Terminal
• Recurring card payments
• Online payments
• API/Web Services

Remote Deposit Capture (Check 21)

Internet banking and then some. Scan checks at your convenience and send them directly from your computer to your bank account for processing. RDC technology is safe, easy and available at anytime from anywhere you choose. Run to the bank without leaving your office using any of these efficient options:

• Easy-to-use system for creating electronic deposits
• Customizable data entry fields
• Online reports of previously submitted deposits, including ability to view images, data, status, and retrieve exports for accounting systems
• Automatic capture of check amounts using OCR technology
• Image analysis to ensure image quality 

 Debit Processing

 Offer your customers a choice with PIN and signature debit options at the point of sale.

Linked directly to customer checking accounts, debit cards are one of the fastest growing payment methods today. ePayment Solution offers debit processing with signature- or PIN-secured debit cards so customers can access cash, buy goods, pay bills or use electronic benefits from government assistance programs.

ePayment Solutions Advantages

You’ll be able to provide customers with a quick and secure way to pay and have the ability to offer cash back with a purchase. For the customer, this means time savings with fewer trips to the ATM. We have a wide range of debit acceptance POS equipment options for you to choose from.

Key components

• 99.99% up-time
• Transaction approvals in 1.9 seconds or less
• Seamless integration into third-party software packages
• Compliance with all card industry standards including the latest PCI PIN Entry Device (PED) requirements
• Flexible product and pricing options to best meet your specific needs
• Automatic electronic deposits to your business account for all payment types

Linked directly to customer checking or other demand deposit accounts, debit transactions are among the fastest growing methods of payment today. They’re fast, convenient and often use the same equipment at the point-of-sale as credit cards.

The Challenge

Customers increasingly prefer alternatives to paying with cash or check, which can be costly for customer and merchant alike. For the customer, having cash on hand often means an extra trip to the bank or ATM. For the retailer, checks can have burdensome costs while cash is prone to shrinkage. The costs of processing electronic transactions are also rising, and for large payments, interchange rates can quickly cut into your profitability, especially when you’re prohibited from passing along processing costs to the consumer.

The Solution

ePayment Solutions offers multiple Debit Acceptance products to suit your customers’ payment preferences, including personal identification number (PIN) debit, signature debit and Debit Bill Payment. PIN debit is one of the fastest methods of payment available, emerging as a customer favorite. Customers just enter their PIN, verify the transaction total and press enter, with no signature required on the receipt.  Cash back is also available at many merchant locations. Signature debit allows customers to pay for goods and services at the point-of-sale with a card that directly accesses funds in their preferred accounts instead of a line of credit. Debit Bill Payment, a service offered through the STAR®, PULSE® and NYCE® debit networks, allows customers to use their ATM/debit card to initiate bill payments via your Web site, Customer Service Representatives/Sales agents or Voice Response Unit (VRU) system.

Here’s How It Works

PIN debit works similarly to other cards but utilizes a personal identification number instead of a signature for identity verification.  PIN debit transactions are also rarely subject to retrieval requests and chargebacks. Signature debit mirrors the process for credit transactions, so merchants who already accept credit cards can easily add it to their payment mix. Debit Bill Payment allows your customers to visit your Web site, call your Customer Service Representatives or Sales Agents, or call your VRU, where they are prompted to provide ATM or debit card information to make a payment. Recurring payments are supported as well. All transaction types are processed in real time, and billers and customers alike receive immediate confirmation of approvals or denials, which helps them avoid late charges and better manage their account.

Help Your Business

• PIN Debit and Signature Debit
• Encourage repeat business
• Earn customer loyalty
• Lower processing costs
• Process more reliably

Debit Bill Payment

• Cut costs for handling checks, credit cards and Automated Clearing House (ACH) items
• Lower your adjustment/chargeback rates
• Increase customer satisfaction

Help Your Customers

• PIN Debit and Signature Debit
• Pay quickly and securely
• Offer cash back with a purchase (optional)
• Make fewer trips to the bank and ATMs

Debit Bill Payment

• Enjoy a greater range of secure payment options
• Confirm payment immediately

Features

• PIN Debit and Signature Debit
• Wide range of point-of-sale equipment options to choose from for merchants in most industry segments
• Seamless integration into third-party software packages
• Easy integration with reporting solutions that tell you who your customer base is and how they prefer to pay

Debit Bill Payment

• Support of utility companies, insurance companies, educational institutions, governmental agencies and lenders (both secured and unsecured)
• An integrated solution of setup, training, authorization and settlement services
• Merchant billing, statements, reporting, customer service and technical help desk support
• Multiple connectivity options for processing multiple payment type

A Global Leader in Electronic Commerce

ePayment Solutions powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. Serving millions of merchant locations and thousands of card issuers, we have the expertise and insight to help you accelerate your business. Put our intelligence to work for you.

ePayment Solutions Virtual Check

Virtual Check Features:

Virtual Check is an electronic check drafting system that allows businesses to securely and inexpensively accept check payments from their customers over the Phone, Fax, Internet or by Mail. Virtual Check is not the same as the ACH (Automated Clearing House) system, and is superior in many ways. Virtual Checks can be accepted online through a secure web portal, or can be integrated into an existing shopping cart using an API. For high volume processing, Virtual Check can be bundled together in a batch file and securely transferred to ePayment Solutions.

How it will benefit your business:

- Checks are deposited into a business’s bank account.

- A business never has to see, touch or deposit a single check*.

- Checks are processed in real-time.

- A full featured, secure virtual terminal is included for manually processing checks.

- Advanced API integration and assistance is available on requests for business websites.

Who can use it?

Virtual Check is available to just about any type of US-based business, no matter how large or small their processing volumes are and can be used for payment towards any product or service**.

Virtual Check vs. ACH:

ACH – To create an ACH chargeback, customers need only to ask the bank to reverse the ACH transaction. An ACH transaction can be reversed up to 60 calendar days from the settlement date, just like a credit card transaction. This gives a customer the ability to change their mind or claim they never authorized the sale. Even if you can substantiate that the customer did in fact authorize the sale, the money has already been returned to the customer and you in all likelihood will never recoup your losses.

Virtual Check – Check drafts do not fall under the same NACHA rules and regulations. To create a chargeback for a check draft:

- A customer must go to their bank and fill out an affidavit to claim the draft was a fraudulent transaction. The customer has 30 days from the time they receive their statement to do this.

- The customer’s bank then requests that the processor explain their position (why the customer was billed).

- When the processor authenticates that the customer authorized the draft, the bank will not allow the chargeback and the merchant will not be penalized.

The Advantage of Virtual Check over ACH is that check drafting allows you the option of refunding the money. The money stays in your account until the issue is resolved, unlike an ACH item where the money is automatically returned to the customer or frozen. You create goodwill with your customers because you are able to address these issues, as they occur, placing you in a proactive position instead of the reactive situation that is created with the ACH System.

*This feature is subject to availability of a business’s bank footprint.

**This feature is subject to AML, OFAC and KYC restrictions.

Additional Risk Management Tools:

ATMVerify – Check verification service.

ePayment Warning Tools – Validates that an account is open and in good standing.

Experian - Validates a consumer’s identity in real-time.

NCN – Compares against negative information on consumer checks.

About ePayment Solutions:

ePayment Solutions (EPS) leads the revolution in payment processing technologies. EPS’s portfolio of products allows your organization direct access to cost effective payment acceptance and initiation tools that will enable your business to offer all payments channels to your customers and provide your business with greater control of its money. In addition, EPS offers multiple payment gateways, secure web pay pages and API Integration assistance. All of our platforms are PCI compliant and offer best of class security features above and beyond industry requirements at no additional cost to you or your end users. For more information on EPS, please visit us at www.pmtsol.com.