VeriFone Systems has launched PAYware Ocius, a multi-channel managed service suite for processing card payments in the UK and Ireland across in-store, online and mobile retail channels. PAYware Ocius complements VeriFone’s existing PAYware Merchant Managed Service solution and builds on the offerings of Commidea, the managed service payment gateway in the UK, which was part of VeriFone’s acquisition of Point earlier this year.
“Our customers increasingly need a payment services and support partner to manage not only card acceptance and PCI [Payment Card Industry] compliance, but also the growing variety of multi-channel services and apps, such as e-commerce, mobile wallets, loyalty, CRM and more,” said Tony Saunders, vice president and general manager, VeriFone UK and Ireland. “PAYware Ocius provides gateway services, point-to-point encryption and multi-channel e-commerce processing, as well as other mission critical services, within a controlled cost base that reduces CAPEX and provides outstanding ROI [return on investment].”
Treasurers are more interested in cross-border payments and automation than real-time payments, as they are consistently asked to do more with less, argues Rick Burke, head of corporate payments at TD Bank in an exclusive interview.
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On the third day of the annual Money 20/20 conference in Las Vegas the power of blockchain and the deregulation of the US payments industry were hot topics.