It’s called Simplify for a reason. This innovative software application offers your customers the best in secure payment processing - without major cost or complexity.
Simplify encrypts card data at the point of interaction and sends it to Elavon’s payment gateway, where a token for the payment card data is created and returned to the point of sale system. Through the Simplify application programming interface (API), your customers can easily isolate sensitive cardholder data from their POS or PMS payment system and reduce their PCI DSS compliance headaches. Moreover, Simplify offers flexibility to integrate with current or legacy POS, PMS and payment gateways.
Twice a year, for the April and October releases, Elavon publishes the Card Brand Enhancements Bulletin. The bulletin introduces card brand changes that carry potential financial or compliance impacts, new products, technical requirements or general network information updates.
We’re pleased to announce that the bulletin is now easier to navigate with eye-catching graphics and many visual cues. You can flip through the bulletin page-by-page, or click on the topic in the Table of Contents and jump directly to a topic’s details.
We hope you find this information useful in your customer interactions.
Elavon has partnered with Mastercard and Visa to help unattended businesses including parking lots, laundries, electric-vehicle charging stations and bike rentals, save on payment card fees. This could create substantial savings for your customers.
The process is simple. Based on the customer’s past account history and ticket size, we will provide an analysis of how much they can expect to save through these programs available through Elavon. Elavon then charges a percentage of the interchange savings, with no upfront costs to the customer. We provide detailed reporting to both Visa and Mastercard to comply with the terms of the agreements for these types of interchange programs.
For more information, contact your relationship manager.
5G, the next evolution of mobile technology, is on the way – and it promises a brave new world of opportunities for developers, and for the payments industry.
5G will be much faster than the current 4G and will have much lower latency, reducing dropped connections, buffering, stutters and stalls. All four major U.S. carriers have announced plans to have 5G services in some cities in 2019, the Wall Street Journal reported, with the first 5G-compatible phones hitting the market this year.
5G is expected to make it much faster and easier for consumers to conduct banking and payment transactions on their mobile devices.
It will also likely lead to the expansion of artificial intelligence and augmented reality (AR) applications on mobile phones. There are already mobile apps that allow shoppers to see a simulated picture of themselves, for example, in a new sweater or with new color of lipstick. Some even use avatars to help customers make their selections and guide them through the checkout and payment process.
“5G enhanced mobile broadband is required to take VR/AR experiences to the next level,” a Qualcomm report concluded.
A Deloitte study looks at the prospects for 5G this year.
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©2019 Elavon Inc. Elavon is a trademark in the United States and other countries. All rights reserved. This document is prepared by Elavon as a service for its IPS partners. The information discussed is general in nature and may not apply to any specific situation.