Vertical Application Services (VAS) make it simple and affordable for banks, processors and vertical market service providers to deliver value-added applications such as loyalty, gift card and prepaid – right to the point-of-sale. VAS are turnkey, hosted services that transform your point-of-sale into a new point of profit and dramatically expand the value you provide to merchants across the region.
Turnkey, Value-Added Services
Vertical Applications uses state of the art IP-enabled VeriFone terminals with a secure Internet connection to deliver powerful revenue-generating e-services to the point-of-sale. Banks and processors can effortlessly bundle the applications with IP-enabled VeriFone terminals and resell the complete, turnkey solutions to merchants.
Convenient and Affordable
Because VAS are hosted, they are an ideal way for banks, processors and vertical market service providers to offer new revenue-generating capabilities to merchants on a pay-per-use basis, without requiring large upfront investments in network infrastructure and application development.
Improve Margins, Expand Markets
VAS let you penetrate new markets, improve margins, and earn new sources of revenue form merchant accounts. In addition, the services help you establish strong relationships with merchants – relationships that help improve merchant retention.
How It Works
Our IP-enabled terminals use a secure EMV-enabled browser to connect to a variety of hosted services running on application services located at technically advanced data centres. These network access points provide high-speed internet access and other communication service to leading telecommunications companies and third party solutions throughout the world. |
