YESpay, the latest member of the WorldPay Group, is now deploying its Omni-channel Point-to-Point Encrypted (PTPE) integrated payment service to its first few UK high-street retailers fully ¬accredited by WorldPay Streamline. The solution achieves card data encryption within the Ingenico IPP350 PEDs (PIN Entry Devices) and decrypts the critical card data at the YESpay payment gateway within HSMs (Hardware Security Modules). YESpay’s PTPE solution complies with security recommendations specified by Visa ‘Data Field Security’ Best Practices and Payment Card Industry Security Standards Council (PCI SSC). YESpay has engaged its QSA, FortConsult, to audit and validate the solution to PCI SSC which is expected to complete in first half of 2014.
YESpay Contactless Payments has successfully equipped 250 locations of the much talked about North Greenwich Arena for accepting contactless payments. With Olympics 2012 being the first-ever contactless games, YESpay shares the limelight as the contactless payment solution provider for the North Greenwich Arena where Artistic Gymnastics, Trampoline, Basketball, and Wheelchair Basketball will be hosted at the London 2012 Summer Olympics. EMV secured Contactless Payment technology allows customers to pay for items by simply waving their card at the POS for items worth GBP20 and under. Hence, customers enjoy shorter queues at the tills with no need to fumble for coins or entering a PIN when they pop out for a quick lunch or a coffee. Visa predicts the number of contactless POS terminals in the UK will rise by 50% to 150,000 in 2012. With Visa’s PayWave; MasterCard’s PayPass and American Express’s Express Pay out in the market, Contactless Payments are certainly on the go.
YESpay’s Emboss managed EMV chip & PIN payment service is first to launch Dynamic Currency Conversion (DCC) as a standard part of its EasyV-Retail payment client software that integrates into any PC-based POS retail system. The EasyV-Retail payment client is now integrated with both DCC and Tax Free Shopping functionality that brings a win-win situation for retailers as well as their overseas shoppers! Merchants can now offer a fully dynamic DCC integrated POS retail service to customers enabling them to pay in their home currency when travelling abroad. At the same time, merchants can earn up to 1% additional profit margin on these foreign-card transactions.
YESpay now offers Point-to-Point Encryption – the latest technology that allows simple and secure payments through credit/debit cards at retail outlets while de-scoping PCI-DSS (payment card industry data security standard) certification process. This is achieved by simplifying the validation process by encrypting cardholder data at the time it enters a PINPAD/PED payment system and transporting…
YES-wallet.com launched its Pouch free Mobile and web Wallet Service, which will also support NFC based payments. With 71% currently exploring, evaluating and considering the idea of implementing wallet services in the upcoming years, YES-wallet.com took this opportunity to introduce its new Pouch mobile application, now downloadable on all major smartphones. Anyone can register and create a free personal wallet on the BlackBerry from BlackBerry App World, iPhone from iTunes and Android from Android Market.
YESpay Appointed Mary Di Vincenzo VP, Operations and Client Services North America. Mary’s arrival in the North American Operations and Client Services team is part of YESpay’s expansion strategy in Canada and USA. Mary’s role is to ensure YESpay is fully prepared to serve the North American market by augmenting the company’s already impressive list of acquirers, pin devices, third party host certifications and service offerings across multi-channel environments.
YESpay International announced its “EMBOSS” payment gateway has reached a new operational record of 2 years of uninterrupted service providing 100% availability of credit and debit card authorization processing. Offered as a SaaS (Software as a Service) model, the key to the success of YESpay’s fully EMV Chip & PIN, PCI-DSS (Level 1) and PA-DSS certified EMBOSS payment service is its unique ‘Cloud A2 computing architecture’, which delivers its reliability, security and service quality. YESpay is utilizing the cloud computing revolution to impart a fully resilient and “ready for future” payment services to its customers helping them adapt and excel in the ever changing card payment market scenario.
YES-wallet.com is launching its ‘Pouch’ mobile wallet service, securely storing users’ credit/debit payment cards, payment receipts, loyalty and coupon information. Allowing you to securely make payments through your smartphone for free, “Pouch” allows for faster payments conveniently. Yes-wallet.com coincidentally made available its ‘YESfstore’ app, allowing users to create and manage their facebook storefront pages that allows you to sell your products and services with the knowledge that this is powered by YES-wallet.com.
Café TwoCann implemented YESpay “EMBOSS” cards payment solution, to help it achieve operational efficiency and savings in time and money by using a fast and reliable payment processing service. The owners chose to switch to YESpay’s EMBOSS managed payment service thanks to the integral aspect of the payment solution to their POS. Namely, the Cafe installed the “EasyV-Hospitality,” providing more accurate card sales, speedier authorisation, user-friendliness, less errors in taking card payments. Debit or credit card payment checkout is no longer an issue as YESpay’s payment service fulfills end-to-end authorisation requests in less than 5 seconds.
YESpay International and Itim launched its software for the “Pennies” the electronic charity box, which lets consumers round up their card purchases to the nearest pound and make a micro-donation to charity. Since the first retailer launch in November 2010, 577,000 consumer donations have been made through Pennies, raising GBP136,000 for a total of 18 UK charities-mostly made have been 10p or less. YESpay has incorporated the ‘Pennies solution’ into its payments software which is supplied to partners and merchants. Itim has integrated the YESpay application with the Itim point of sale and back office software. This additional functionality has enabled The Entertainer to implement Pennies simply and quickly in its stores. It will also make Pennies implementation simple for other YESpay and Itim merchants, allowing them to easily and cost-effectively participate in a growing micro-donation movement which is proving popular with UK consumers and starting to make a difference for charities too.
Centric announces that its StoreWorld product suite, the end-to-end solution for Retail, is now integrated with YESpay’s “EMBOSS” managed debit and credit card payment service. Allowing retailers to process EMV Chip & PIN and magnetic credit and debit card payments within seconds from their POS, Centric can now allow multi-national retailers to use a single and uniform EFT platform throughout the whole of Europe (35 European countries, including UK and Ireland), as well as in Canada and the United States, thus no more interfacing with local, country dependent EFT suppliers is needed. EMBOSS supports both off-line and on-line PIN verification ensuring it can deal with all credit and debit card payments. Centric chose to integrate with YESpay in order to offer to its customers in UK and Europe a secure, pre-accredited and multi-channel payment service.
YESpay International European and North American payment gateway is positioning itself for providing new mobile commerce payment services. Growing at over 40%, with many thousands of merchants globally, YESpay has launched a free consumer mobile and web wallet service, that in the future will also support NFC (near field communication) based payments, once NFC smartphones become widely available. YESpay-Wallet for BlackBerry, iPhone and Android smartphones will shortly be available. YESpay-Wallet supports roll out of retail couponing, loyalty and location-based mobile advertising and marketing services, many of which will use NFC in the future. Standard Visa/MasterCard Payment applications are also supported via the wallet. Meanwhile, the YESpay-Wallet service enables consumers to create the wallets through participating merchants’ websites, at YESpay www.yes-pay.com website or via the mobile smartphone applications to be launched in May, which supports a wallet-registration function.