NCR Secure Pay – Elevate Your Company’s Security

Secure payment is crucial in retail business to protect customer information and maintain trust. Retail businesses have a responsibility to protect sensitive personal and financial information from theft and fraud, as the consequences of data breaches can be severe for both customers and businesses. When a business demonstrates a commitment to payment security, customers are more likely to trust and continue doing business with them.

How Does NCR Secure Pay Work?

NCR Secure Pay is a payment processing solution offered by NCR Corporation, a global technology company that provides hardware, software, and services for a range of industries. Here’s how NCR Secure Pay works:

Customers make a payment: A customer makes a payment by swiping or inserting their credit or debit card into a payment terminal or by entering their payment information on a website.

Payment data is encrypted: NCR Secure Pay uses encryption technology to protect the payment data as it travels from the payment terminal or website to NCR’s servers.

Payment data is transmitted to the payment gateway: Once the payment data is encrypted, it is transmitted to the payment gateway, which is a secure platform that authorizes and processes the payment.

Payment is authorized: The payment gateway checks the payment data against the customer’s bank or credit card company to make sure the payment is authorized.

Payment is processed: If the payment is authorized, the payment gateway processes the payment and sends a response back to the payment terminal or website.

Payment is completed: The payment terminal or website receives the response from the payment gateway and completes the payment transaction.

NCR Secure Pay Features

Beyond the above process, NCR Counterpoint also offers other features for a smooth and hassle-free transaction process:

Automated credit card settlements

Use the NCR Secure Pay merchant interface to settle transactions remotely, or automate settlements to occur regularly at a time of your choosing.

Given that the card information is taken from your database and safeguarded on a different host, you have freedom with credit card settlements.

Offline mode transaction acceptance

NCR Secure Pay can also accept transactions in offline mode, which is useful when there is a temporary loss of internet connectivity. In offline mode, the payment terminal can store encrypted payment data until the connection is restored, and the data can be securely transmitted and processed. To ensure security, the payment terminal is equipped with tamper-evident seals and other security features to prevent unauthorized access to the stored data. Once the connection is restored, the payment data is transmitted to the payment gateway for processing. This feature allows retail businesses to continue accepting payments without interruption, even in areas with unreliable internet connectivity.

EMV functionality

Accept a variety of payments including EMV Chip Cards that are the standard today.

Ecommerce integration

NCR Secure Pay can be integrated with e-commerce platforms to enable secure online payment processing. The integration allows customers to make payments using their credit or debit cards through a secure payment gateway. The payment gateway uses encryption technology to protect the payment data during transmission and processing, ensuring that customer information is kept safe. Integration with e-commerce platforms also allows businesses to manage their online transactions and view payment information in a centralized location, making it easier to track and reconcile payments. NCR Secure Pay’s e-commerce integration provides a seamless and secure payment processing solution for businesses that want to accept payments online.

Masked credit card numbers

NCR Secure Pay uses masked credit card numbers to enhance payment security. Masking involves replacing sensitive credit card information with a token, which is a unique identifier that can be used for payment processing without revealing the actual credit card number. This process helps to protect customer information by minimizing the number of systems that store sensitive data, reducing the risk of data breaches. Masking also enables businesses to securely process recurring payments without requiring customers to provide their credit card information multiple times.

Customer Trust and satisfaction is very important in any business, and in a business, a lot can go wrong to diminish both. One surefire way is to not take the necessary proactive measures to protect your customer’s information, which we have seen time and time again when hackers and malicious users steal card information.

From a financial liability, public relations, and security standpoint, a card breach event can be catastrophic to any business. This issue affects businesses of all sizes, should they choose to accept credit and debit cards.

If you’re not using the best payment security technology, you run the risk of experiencing a very expensive problem. Even a modest exposure of 50 customer credit card numbers can result in unplanned costs of $10,0001 or more in penalties, fees, time expenditure, and, the most difficult to quantify: reputation!

Contact us or fill out our form to learn more about Secure Payment.

Reference:

NCR Corporation – https://www.ncr.com/payments

By POS Highway Staff | October 3rd, 2023 | Point of Sale, Security | 0 Comments

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