For more than 40 years, Vantiv has been an innovator in payment solutions, and its company Retriever Powered by NPC is dedicated to continuing that tradition. Retriever Powered by NPC is one of the nation’s largest providers of debit and credit card acceptance, and a top provider of payment processing and acquiring services. Although all of the company’s services help protect small and medium businesses from fraud and ensure payment, its innovations in the realms of e-commerce and transactions in which the credit card is not present ensure that businesses don’t miss possible revenue.
Both eCommerce and card-not-present situations require more information than if the card was physically present at the time of the sale. In cases where the card is not present, l information such as the cardholder’s name, the card number, expiration date, security code, and address is required. Not only does the additional information help to prevent fraud, it requires an additional layer of security so that the customer’s personal information is not compromised. Similarly, e-commerce requires gateway solutions to capture customer information while keeping the information secure.
Dedicated to keeping consumer payment information secure and businesses safe from fraud, Retriever Powered by NPC provides a wide range of both electronic and physical payment solutions. One of the largest providers of debit and credit card acceptance, Retriever Powered by NPC features a secure point-of-sale terminal to give customers the convenience of different payment options, and makes it easy for businesses to accept all of a customer’s possible payments securely.
The company’s centerpiece application, NPC Secure, is one of the most flexible and most secure payment apps available, and all it requires to work is an Internet connection. Featuring recurring payment options and the ability to easily issue credits or voids, the application can handle eCommerce, telephone, and in-person transactions. Fully compliant with PCI standards, the app requires no additional software to protect cardholder data. Additionally, the application allows multiple users to log in with different user rights, making it easy for medium-size and small businesses to employ.
Retriever Powered by NPC is a company acquisition of the Vantiv brand organization. Operating out of Louisville, Kentucky, Retriever Powered by NPC oversees solutions for payment processing for retailers and merchants who run small-to-medium-sized enterprises in the United States. Payment processing is an important subject for both merchants and consumers; the system used should make it convenient to shop online and by smartphone, as well as in the store.
According to one survey that was conducted by the Accenture Company, around 50% of the respondents said they believed the retail experience could be improved by integrating payment purchases across all shopping channels, thereby making it convenient for shoppers to combine their online or mobile experience with their in-store activities.
For example, some shoppers use coupons in a store, which they retrieve from their tablet or mobile phone. Brick-and-mortar retailers also send special offers via a customer’s smartphone. As a result, payment processing today must also make it easy for buyers to use online, mobile, and in-store channels seamlessly while they are browsing or making a purchase.
In this age of continual technological advances, consumers have to be increasingly aware of the threats to their privacy and financial security that stem from utilizing credit cards online and other forms of mobile web-based financial transactions. In response to this growing threat, advancing tech companies around the globe are developing new and increasingly secure mobile payment strategies and tools.
One tech firm in Louisville, Kentucky, offers all of these advantageous new payment methods in its new line of products, Retriever Powered by NPC. A full line of equipment and services offered by Retriever Powered by NPC is available on its website at www.npc.net or by phone at 877-453-5933.
One of the company’s premier new mobile-payment products, the Vivopay 4500m, is a contactless payment device that functions similarly to the traditional magnetic stripe payment device, except that it allows users to tap or wave their payment cards to facilitate the transaction. The result is a faster and easier method of payment processing for both vendors and customers.
A suite of new services being developed by the tech industry seeks to take the pain out of running a small business by keeping fully automated digital and detailed reports. The best part is that some of these services are offered without even requiring the user to download any software. Cloud-based systems now allow business owners access to critical transaction and batch information by simply logging on.
One company developing such a tool is Retriever Powered by NPC. Located in Louisville, Kentucky, Retriever Powered by NPC offers MyNPCData.net, its new online reporting utility that facilitates viewing of transactional information, fraud control, online statements, and more in a secure and safe web-based environment. Technology like this is making businesses easier than ever to run from home, vacation, or anywhere. More about how MyNPCData.net can revolutionize a business is available by contacting Retriever Powered by NPC at 877-453-5933 or visiting its website at http://www.npc.net/Merchant-Support/Reporting-Tools.
A renowned market leader in payment processing services and technology, Retriever Powered by NPC provides flexible commerce solutions to utility and health care providers, property management firms, restaurants, supermarkets, and online businesses.
Merchants must remain up-to-date with data security concerns in the ever-changing world of online commerce. When preparing data security management policies, executives should consider the type of payment technology their businesses offer consumers. Using compliance-enabling payment technology, such as masking and virtual terminals, will reduce the risk of a data security breach. A mobile device management strategy should be implemented to deal with the security concerns of using tablets and smartphones.
An essential task for any business is ensuring the security of the on-site wireless network. An expert will identify any security loopholes. Business leaders are advised to monitor the hardware that accepts payments on a regular basis to identify any potential data skimming. Those who use Payment Card Industry guidelines can reduce the PCI Scope around Tokenization. Finally, beyond transaction-based data, data released from systems through to social networks should be examined. Retailers are required to protect and effectively manage this valuable and sensitive information.
Payments using credit have been around for more than 100 years, but the use of electricity to process credit payments is slightly newer. Western Union developed the technology to make electronic money transfers as early as 1860, but it was not until the invention of the charge card in the 1940s and 1950s that people started carrying around cards that allowed them to defer payment for goods and services.
As consumers learned about the convenience and practicality of charge and credit cards, their popularity increased. The first such cards were offered on a vendor-specific basis, meaning they were only valid at a single retail location. Then, in 1966, Bank of America introduced the first plastic, all-purpose credit card. In the following years, credit card issuers introduced processing systems that cut the costs of accepting credit cards for banks and merchants.
Today, the omnipresence of credit cards makes online commerce possible, and Americans tend to favor electronic payment methods over other options.
About the Author
Retriever Powered by NTC joined the emerging electronic payment industry in the 1960s. Today, it remains a leading force in the field of electronic processing equipment, services, and support for small- and medium-sized businesses.