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On the Spot - Managed Solution Overview

On the Spot - Managed Solution Overview. Enter Company’s Logo. What is ON THE SPOT?.

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On the Spot - Managed Solution Overview

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  1. On the Spot - ManagedSolution Overview Enter Company’s Logo

  2. 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.

  3. TIER Top 200 Chains Top 200 Chains I 350,000+ Devices (7 per location) 50,000 Locations Enterprise Solutions 20% (60+ Locations) (60+ Locations) Top 201 - 1000 Chains 140,000+ Devices (7 per location) II 20,000 Locations (10 – 59 Locations) 1,500,000 + Devices (5 per location) Small Chains And Independents ~300,000 +/- Locations 80% Managed &Stand-Alone Solutions III (Fewer than 10 Locations) Target Market Example – US TablePAY Top 201 - 1000 Chains (10 – 59 Locations) Small Chains And Independents (Fewer than 10 Locations) Sources: 2005 NRA, Chain store Age

  4. ON THE SPOT Managed Solution ON THE SPOT Managed base components: • Vx 670 Terminal (Wi-Fi or GPRS) for TablePay • Optional Vx 570 Terminal (Ethernet) for CounterPay • ServPOS™ Payment User Interface • Integration into VeriFone Managed Services Portal

  5. ON THE SPOT Solution Options Vx 670 GPRS Cell Tower Vx 670 WiFi Router/Access Point Vx 570 Ethernet

  6. ON THE SPOT Solution Security SSL Security Vx 670 GPRS Vx 670 WiFi PCI DSS Approved WPA WiFi Security Vx 570 Ethernet

  7. On the Spot Terminal Software Payment App (ServPOS) Admin / Reports App • 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

  8. Merchant Welcome Screen PLEASE CONFIRM Amt: $20.00 SINGLE PAYMENT Server Login SPLIT PAYMENT CANCEL TICKET 10 Enter Table/Ticket Customer Enter Ticket(s ) / Payment Confirm Amt Split Pmt Gratuity ServPOS should be considered as a flexible framework that it highly modifiable to adjust to various market opportunities Receipt Print End Of Txn VeriFone ServPOSTM software flexibility Default setting….

  9. VeriFone ServPOSTM software flexibility Quick print setting…. Quick Print used when... Merchant • Customer displays unwillingness to use POS terminal • Multiple simultaneous checkouts required with limited # of terminals available Welcome Screen No customer interaction necessary Server Login Enter Table/Ticket Merchant Server controls quick key press (CLR + 1) to bypass gratuity Enter Ticket(s ) / Payment Confirm Amt Split Pmt Gratuity Receipt Print End Of Txn

  10. VeriFone ServPOSTM software flexibility Rapid payment setting…. Rapid Payment used when... Merchant • Deployed in ultra-high volume txn setting of restaurant (i.e bar area) • Continued requirement for repetitive blank tip line receipt prints Opening Screen Initiate Sale Rapid payment transactions completed in Report/Admin Management Application Enter Table/Ticket Enter Ticket(s ) / Payment Receipt Print End Of Txn

  11. Managed Service Portal • Portal Features • Payment consolidation & reportingaggregates 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 settlementvia the portal eliminates need to batch out each device at end of day. • PCI DSS Compliantportal extends security compliance to merchant since no transaction data is stored on the terminal.

  12. Online Management Tools POS Device Maintenance (Merchant Console) Manage Terminal Parameters Add/Remove Terminals

  13. Co-branding Opportunities https://yourcompanyname.vmsportal.com Your Logo Here Logo and URLco-brand

  14. Summary Stand-alone solution most appropriate for locations with 3 payment devices or less. Solution Comparison

  15. 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)

  16. …the best pay-at-table solution is already on the table!

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