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fd-130-plus-iphone-6-equals-happy-shoppersMerchants with older terminals are being left behind as multi-millions of Americans are purchasing the iPhone 6 and 6 Plus with Apply Pay. Customers appreciate that they only need to pass this smartphone close to any Apple Pay-ready terminal to buy what they want on the fly. Near field technology does the rest. 


Payment speed and simplicity are always welcome, especially during the busy holiday season! But those are just 2 good reasons. ‘How about this one? As reported by Mark Rogowsky writing for Forbes:

 
The opening weekend for the iPhone 6 was Apple’s best ever for a new smartphone, with 10 million sold in just three days… Though Apple hasn’t put out any official numbers yet, using data from third parties that track such things, it appears the “second 10 million” iPhone 6 and 6 Pluses are nearly all in the hands of customers. Apple’s rumored goal of delivering 70-80 million iPhones between the launch and the end of the year is moving from abstract to real as the numbers come into focus.


When one of the millions of iPhone 6 customers ask you, “Can I pay with my iPhone?” Be the merchant at the counter that responds with a warm, “Yes we do!” And "What else will you be wanting today?” Get your FD 130 or FD 130 Duo today and earn the 2014 holiday shopper’s business early in the season! 

 

To accept payments from millions of iPhone 6 users, order the FD 130 or FD 130 Duo by emailing TRI at info@transactionresources.com, or call us at 888-494-9988. We are pleased to equip you for the holiday rush!

 

If you are already a TRI merchant then contact your TRI salesperson. Thay are happy to answer any questions and expedite your order!

 

 

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When a merchant processes a credit card, whether accepting the data via a magnetic stripe, an EMV chip or Near Field Communications (NFC), the account number is vulnerable to being stolen and stored. Tokenization has advanced the possibility of 100% data security! 

 

Natalie Gagliordi, staff writer for ZDnet describes the process simply: "Tokenization removes the actual credit card number and replaces it with a randomly generated number. That number, or token, can be configured to expire after one purchase or made specific to a certain transaction, making it a useless target for hackers or fraudsters." Fortunately, tokenization can replace the sullied confidence in merchant payments.

 

skeeballLike a token at a toll booth or a beach arcade, a security token only references something of value. In the case of payment processing security, the reference or identifier is a credit card account number or other payment media number and the associated sensitive data (e.g., credit card number, cardholder name, address, etc.). The PCI Council uses the term "surrogate" to apply to the token, with tokenization a process by which the primary account number (PAN) is replaced with a surrogate value called a token.  

 

Gagliordi continues to explain how tokenization is an exceptional feature for merchants: "[Tokenization] removes a huge storage burden from merchants, since they never see a person's actual credit card information and it never enters their POS system or online payment portal." 

 

Customers can take advantage of the added security now if they have an iPhone 6. This smartphone's Apple Pay offers tokenization, and merchants can accept it right now using the FD 130 or FD 130 Duo.

 

Why Hasn't This Superior Technology Made a Larger Impression Yet?

  

Home Depot and its customers suffered the latest massive data security breach, long after Target's and The TJX Companies, Inc. were throttled with their own data theft debacles. One might think that the data vulnerability revealed by these crimes would coax immediate monumental changes in the payment industry after the first 2 or 3 experiences. After all, tokenization for the credit card industry has been available for nearly 10 years. However, like EMV chip cards, it is a costly and slow effort to install new technology. The final push will come from the card issuers, who bear the responsibility ($$$) of the stolen data.  A universal application of tokenization is still around the corner for most credit card payment media.​

 


 

Client data security will always be a critical topic in the merchant payment industry. Becoming informed and understanding industry terms enables business owners to adapt to the turns in technology that will surely influence payment systems on a regular basis. TRI is pleased to add to our clients' lexicon. For additional payment Industry terms, please visit our Glossary.

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TRI offers the payment terminals that represent the latest technology, including EMV , while still accommodating the processing you've been using all along.

The FD 130 and FD 130 Duo have become instant favorites, providing processing options for traditional magnetic stripe cards, chip cards and the new Apple Pay feature with the iPhone 6. They offer the flexibility that assures that your business will be running at the head of the pack.


About The FD 130
 and FD 130 Duo Terminals

FD 130 terminalThe FD 130 or FD 130 Duo offer an affordable solution, combining performance, reliability and ease of use in compact, feature-rich devices. In addition, with the implementation of new chip card and NFC (Near Field Communications) technology, the combined solution enables you to accept transactions when a customer presents you with a magnetic stripe card, chip card or iPhone 6 for payment.


Installation of these terminals is quick and easy. Connection choices for transaction processing include dial-up phone line, broadband Internet service- or Wi-Fi (consider the savings in wiring with the Wi-Fi connection).


The FD 130 is a single component whose payment processing is performed by the merchant. It accepts the NFC technology used by the already popular iPhone 6, as well as PIN and signature debit cards, all major credit cards and EBT cards. Cards with EMV chips are inserted into the EMV card reader or just tapped on the contactless reader. Traditional cards are still swiped through the magnetic card reader.


FD 130 Duo terminalThe FD 130 Duo includes the FD 35 PIN Pad. The FD 35 device enables mobile phone payments for the Duo, such as with the new iPhone 6. The pairing of the components allows your customers to maintain their card during a transaction. This comprehensive device also accepts PIN and signature debit cards, all major credit cards and EBT cards. Customers can insert their chip card into the EMV card reader, tap their contactless card, or swipe a traditional card through the magnetic card reader - all without relinquishing control of their card.


Merchant payment processing is changing. For more information, email us at info@transactionresources.com, speak with your TRI salesperson or call us at
888-494-9988.



Merchant payment processing is changing. This evolution might feel like it's happening every quarter; some new payment technology is highlighting its superior security features and/or speed. You wonder if your business can accommodate the changes efficiently. You wonder if you can keep up. 

 

TRI customers do! We more than keep up with the changes on your behalf, we inform you about them.