The end of posnet: the new terminals reach 200,000 stores



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A well-known American payment processing company announced the arrival of the first smart payment Argentina. This new technology, which will arrive in January, will target all companies that do not have their own collection system, some 200,000 stores. During the first year, the company will try to reach 50 thousand establishments in the first year.

Technology is called Clover and, according to the information, allow for business owners to accept the latest payment innovations, maximize operational efficiency, take advantage of real-time data analysis, and better engage with customers, all with security and oversight of the industry's leading frauds.

Frank Bisignano, CEO of First Data, informed that Argentina will be the first Latin American country where this development will be launched, and the fifth in the world after the United States, Canada, Germany and United Kingdom.

The system can be used from a smartphone, tablet or computer through an online back-end portal exclusively for merchants, who can monitor transaction status, view receipts in an online file, and make changes to remotely. Specifically, the two-tier service is targeted at small and medium-sized businesses and includes a payment system (with employee, customer and reporting management), point-of-sale (ordering, stock and fiscal printer) and printer integration . local market (Hasar).

Clover's business management functionality also helps you create orders, inventory control, team personalization, enhancement of customer engagement, and execution of administrative tasks. In addition, Clover provides access to a third-party application marketplace, connecting marketers to applications designed to simplify daily business tasks and support functions critical to business owners. Applications can be synchronized with accounting programs, optimize employee management, increase customer loyalty, among other things., developed from the company.

During the launch, which took place last Tuesday at the Faena Arts Center, payment processor customers such as retailers, banks and various influencers had the opportunity to test the features of the advertised products that will be rented for a value of about $ 200 and $ 400.

It should be considered that this new product will arrive when the acquisition business that regulates credit cards in the country is available to all interested participants. This means that all POS terminals (known as POS) must accept all cards in the Visa, MasterCard and American Express markets, among others.

SOURCE: Chronicler

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