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Will You accept payment with contactless?

The Banks are moving to contactless! Does your equipment and systems accept payment from cards fitted with contactless technology? If not, why should you change? What are the benefits, what are the disadvantages? Why are the banks and payment systems changing? How will it ultimately affect your business?

Whether you are a major brand retailer with your own payment systems or a high street speciality store with bank-owned equipment, these are all valid questions. Worldwide many million points of card acceptance and 1000's of payment systems will change, over the next 5 years at a considerable cost. Who is going to pay for this?

CC Consultants can help answering these questions. We have put together a fact sheet that will firstly explain the technology and what it can and cannot achieve. It will explain how to implement contactless, and some of the issues that you should know before starting. It is written for the retailer: we are independent so we therefore provide impartial advice. If you would like to receive the fact sheet, send an email using the template below.

If you represent a major retail organisation, and have not yet decided to upgrade your systems to accept chip or contactless, perhaps you would like some advice or assistance making that decision. Maybe you would like project assistance without learning from scratch. CC Consultants can help with these and many more areas of work:

bulletBusiness planning for chip & contactless
- Implementation & operational costs
- Effects on transaction flow and throughput,
bulletProject planning for chip & contactless
Working with your IT departments,
- Developing a system approach for migrating from magnetic stripe to chip based transaction processing.
- Developing the chosen risk model,
- Developing modified and new operational processes,
- Determining compliance with card scheme regulations,
- and taking maximum opportunity of new charge-back conditions.
- Selecting vendors, determining compliance and performance.
- Planning the final agreed implementation.

bulletImplementation phase
- Project management assistance,
- Liaison with banks and/or payment schemes.
- Final qualification & sign off.

It's a significant project but we are equipped to help you, and as an independent consultant our rates are a fraction of those from the big consulting firms. Please complete the form below or call today.

 

Information Request Form

Use this form if you would like the chip card fact sheet or if you would like to discuss your chip migration plans. Select the items that apply, and then let us know how to contact you.

I represent a retailer & would like the chip card fact sheet
I represent a major retail brand & would like to discuss our chip migration plans
We presently use bank owned card processing equipment

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Last modified: May 19, 2010         



        

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