One of Chile’s largest payment processing networks – Multicaja – has begun deploying Verifone’s 3G wireless payment terminal solution to enable merchants throughout Chile to enhance the consumer experience by securely accepting all forms of payment from beyond the counter”in any retail environment.
Following a competitive evaluation process, Multicaja selected the Verifone VX 520 3G for its exceptional value and functionality, which includes an integrated color screen, PCI 3.0 compliance and the ability to accept EMV, NFC and all other forms of payment. Multicaja expects to deploy the solution to its new merchant clients throughout 2015.
Multicaja connects businesses, banks and consumers across all Chilean regions with its network that processed more than 115 million transactions in 2014. Verifone’s wireless terminal solution supports Multicaja’s gateway services, which are used by more than 5,000 chains and stores to process a multitude of transactions including purchases, bill payment, PayPal redemption, deposits and withdrawals, insurance sales and lottery ticket purchases.
Verifone’s reliable, rugged solution handles encryption, decryption and processing at lightning speeds thanks to a powerful processor and expandable memory that supports demanding value-added applications. The wireless 3G version of the device provides added portability and flexibility in deployment and usability – especially for restaurants, transportation service providers, and other types of merchants that interact with consumers in “on-the-go” environments.
One of the most popular payment terminal solutions available today, the VX 520 from Verifone is designed for easy use and includes the following features to ensure enhanced interaction with consumers:
• Future-proof technology, including EMV, NFC enablement and PCI PTS 3.X certification
• Ergonomic design and small footprint
• 5-way screen navigation button
• High contrast, 128 x 64 white backlit display (screen) and keypad for all lighting situations
Multicaja was created in April 2007 and started its operations in April 2008 with the main objective to develop an information system and process data to facilitate online transactions. For that purpose, Multicaja has been contracted by several “Clients” (companies that want to offer their transactions through the Multicaja network) such as mobile phone networks (prepaid credit), insurance companies (compulsory car insurance) and utilities companies, such as lighting, gas, etc., for bill payments.
The service Multicaja provides to these Clients includes the capture, transmission, registration, management and processing of electronic transactions that transact through Multicaja´s merchant network. Multicaja has enabled electronic devices (POS) that allow Merchants to connect to its systems.
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