PC-EFTPOS September 2018 News

//PC-EFTPOS September 2018 News

PC-EFTPOS September 2018 News

PC-EFTPOS News

‘Australia’s leading provider of integrated EFTPOS solutions’

Welcome to the September edition of PC-EFTPOS news.

This month we have been in Adelaide and Perth to catch up with our valued customers and partners.

It’s Grand Final weekend in both the AFL and NRL.  At PC-EFTPOS there is probably more interest in the NRL game with Andrew supporting the Roosters and David the Storm.  No matter which team you support, please enjoy this month’s newsletter.

PC-EFTPOS Extended Transaction Set

PC-EFTPOS is all about enabling commerce and eliminating obstacles in the way of a sale.  We have been enabling payments via the card networks for over 20 years and our extended transaction set includes alternative payment methods including gift cards, loyalty, buy now pay later, pay with points and digital wallets.

Our current partners are:

  • Alipay – Accept Alipay digital wallet payments from Chinese consumers instore
  • Afterpay – ‘Buy now, pay later’. Low value virtual credit card facility
  • Zip Pay – ‘Buy now, pay later’. Low value virtual credit card facility
  • Oxipay (Flexigroup) – ‘Buy now, pay later’. Low value virtual credit card facility
  • Qantas – Ability to earn and burn Qantas points in-store
  • Givex Australia – Gift card and loyalty programs
  • Wright Express – Gift card and loyalty programs
  • Vii – Gift card and loyalty programs
  • InComm – Gift card transactions
  • Blackhawk – Gift card mall and iTunes transactions
  • Epay – iTunes and Mobile Phone Recharge cards
  • truRating – Real time customer feedback on their shopping experience at the point of sale
  • Telecheque – Link to First Data for Telecheque transactions
  • The Zoo Republic – Allows a merchant to conduct specific brand promotions in-store, via voucher redemption etc.

For a merchant to implement the ETS solution their POS vendor is building on top of an existing connection to PC-EFTPOS.  That is, they have developed to our EFTPOS specifications and they are now required to build on top of this an ETS transaction or message type.  This is a project for the POS vendor and needs to be factored into roll out timings.

Customers love a simple payment experience and they know what they want to buy and how they want to pay.  PC-EFTPOS, with existing and future partners, will help to facilitate this.

What’s news in payments

Where to for payment terminals

We are often asked where PC-EFTPOS sees the future of the payment terminal.  The chart above from the September 2018 edition of The Nilson Report provides an overview of the number of POS terminals shipped globally in 2017.  According to the report, the total number of shipped devices was 68.8 million, up 25.2% from 2016.  This is good news for us.

At PC-EFTPOS we have seen consistent year on year growth in the number of terminals that are supported by our software with 2017 up over 5% from 2016 to a total of approximately 185,000.

There is evidence to say that terminal numbers will continue to grow.

It is estimated that more than 90% of businesses accept electronic payments and consumers expect the convenience of being able to pay by card.  We are even seeing some businesses, like Cannings Free Range Butchers, move to card only payments.

Visa and MasterCard quote that over 90% of card transactions in Australia are contactless.  And a recent Roy Morgan study based on interviews with 50,000 consumers found that 11.5% had used a mobile wallet in the past 12 months.  Both of these payment methods rely on a payment terminal to process the transaction.

PC-EFTPOS Extended Transaction Set partners including Zip,truRating and Qantas Frequent Flyers also use the payment terminal as the interface with the customer.  The screen and the keys on the terminals can be used for more than traditional card payments.

All of the above indicates that the payment terminal here for many years to come.  The terminal of the future will continue to support card payment as well as the many alternative payment methods that today’s consumer demands.  The question is not how long will payment terminals be around?  The question should be, what else can we use payment terminals to do?

Support

The PC-EFTPOS Help Desk team operate during the following hours:

Monday to Friday                8:00am to 10:00pm
Saturday                             9:00am to 5:00pm
Sunday                               10:00am to 3:00pm

You can contact us on 02 9998 9800 or email support@pceftpos.com.au.

Software Releases

To keep up to date with our software releases please use the following link:
https://pceftpos.com/downloads/

Copyright © 2018 PC-EFTPOS Pty Ltd, All rights reserved.

Our mailing address is:
PC-EFTPOS Pty Ltd
1304 Pittwater Road, Narrabeen, NSW 2101

 

2018-09-27T15:48:10+00:00September 27th, 2018|