On the Spot - Managed Solution Overview Enter Company’s Logo
What is ON THE SPOT? “ON THE SPOT” is VeriFone’s solutions for payments at the point of service for restaurants and hospitality locations. It’s about bringing secure, efficient payment solutions right to the spot of the transaction.
Target Market Example – US TablePAY Sources: 2005 NRA, Chain store Age Top Chains 140,000+ Devices (7 per location) 20,000 Locations (10 – 59 Locations) II Small Chains And Independents 1,500,000 + Devices (5 per location) ~300,000 +/- Locations (Fewer than 10 Locations) III Top 200 Chains 350,000+ Devices (7 per location) 50,000 Locations (60+ Locations) I TIER Top 200 Chains (60+ Locations) Top Chains (10 – 59 Locations) Enterprise Solutions Small Chains And Independents (Fewer than 10 Locations) Managed & Stand-Alone Solutions
ON THE SPOT Managed base components: V x 670 Terminal (Wi-Fi or GPRS) for TablePay –Optional V x 570 Terminal (Ethernet) for CounterPay ServPOS™ Payment User Interface Integration into VeriFone Managed Services Portal ON THE SPOT Managed Solution
ON THE SPOT Solution Options V x 670 GPRS V x 670 WiFi V x 570 Ethernet Router/Access Point Cell Tower
V x 670 GPRS V x 670 WiFi V x 570 Ethernet WPA WiFi Security SSL Security PCI DSS Approved ON THE SPOT Solution Security
Merchant Interface Login Table / Ticket Input Customer User Interface Simplified Flow/Language Suggested Tip Option Payment Confirmation Terminal reports Totals by Individual Server or by all Servers Detailed transaction Management Tools Tip Adjust Void Open/Close Tab Refunds Payment App (ServPOS)Admin / Reports App On the Spot Terminal Software
PLEASE CONFIRM Amt: $20.00 SINGLE PAYMENT SPLIT PAYMENT CANCEL TICKET 10 VeriFone ServPOS TM software flexibility Welcom e Screen Enter Table/Ticket Split Pmt Server Login Gratuity Receipt Print Confirm Amt Enter Ticket(s ) / Payment End Of Txn Merchant Customer ServPOS should be considered as a flexible framework that it highly modifiable to adjust to various market opportunities Default setting….
VeriFone ServPOS TM software flexibility Welcom e Screen Enter Table/Ticket Split Pmt Server Login Gratuity Receipt Print Confirm Amt Enter Ticket(s ) / Payment End Of Txn Merchant Server controls quick key press (CLR + 1) to bypass gratuity Quick print setting…. Merchant No customer interaction necessary Quick Print used when... Customer displays unwillingness to use POS terminal Multiple simultaneous checkouts required with limited # of terminals available
VeriFone ServPOS TM software flexibility Opening Screen Enter Table/Ticket Initiate Sale Receipt Print Enter Ticket(s ) / Payment End Of Txn Merchant Rapid payment transactions completed in Report/Admin Management Application Rapid payment setting…. Rapid Payment used when... Deployed in ultra-high volume txn setting of restaurant (i.e bar area) Continued requirement for repetitive blank tip line receipt prints
Portal Features Payment consolidation & reporting aggregates payment transactions from multiple devices for historical reporting purposes and ease of management. Terminal and User mgmt features allow merchants/resellers to disable enable terminals, modify terminal receipts, and set up portal user security roles via portal interface Automated settlement via the portal eliminates need to batch out each device at end of day. PCI DSS Compliant portal extends security compliance to merchant since no transaction data is stored on the terminal. Managed Service Portal
Online Management Tools POS Device Maintenance (Merchant Console) Add/Remove Terminals Manage Terminal Parameters
Your Logo Here Logo and URL co-brand Co-branding Opportunities
Solution Comparison FeaturesManagedStand-Alone Consumer-Friendly UI (ServPOS) Virtual Terminal Interface Consolidation per location Transactions Mgmt (Any terminal) Transactions Mgmt (Online) Real-time/Historical Reports (Any terminal) Real-time/Historical Reports (Online) Automated Settlement Device Independent (same or different models) Terminal Management Single load across install base Configuration (Merchant) Enable/Disable (Merchant) Summary Stand-alone solution most appropriate for locations with 3 payment devices or less.
Key Solution Benefits Increase payment options –Debit at Table ROI is largest driver –Current beta installations experiencing 35% – 40% debit conversion success…with limited/no store level marketing. Terminal/Txn Consolidation –Portal manages all terminal and transactional information –Remove necessity to settle each individual device –Restaurant wait staff can use any device (e.g. initiate tab on Device 123 and close tab on Device 456) –Duplicate checking supported to eliminate unnecessary duplicate transaction Real-time reporting –Reporting supported on both portal and terminal –Expedites “end of shift” balancing for wait staff Centralized configuration management –All terminal software downloads are generic –Customer specific terminal configurations managed from portal –Automation of application downloads to eliminate merchant intervention (in development)
…the best pay-at-table solution is already on the table!