Business Link Presentation E-Commerce Payment Processors. 25 January 2010

Transcription

1 Business Link Presentation E-Commerce Payment Processors 25 January 2010

2 Payment Processors Update Overview of Xanthos PCI Compliance 3d secure Payment Processors

3 Xanthos -7 Key Benefits Performance: an unwavering focus on generating results online. By understanding your business we establish what will work for you Advanced internet marketing knowledge: to ensure your internet marketing strategy takes flight we identify internet marketing methods that will transform your business Customer focussed team: we take great care of you in every way, answering your queries quickly and efficiently Value for money: you will be able to manage your site after launch with our easy to use content management system that comes at fraction of the cost of a bespoke system

4 ..the other 3 E-commerce experience: if you re selling online, we ll help you through the minefield of requirements and help you make more money Proven track record: feel confident knowing that with our North American partners we have collectively hosted, built and developed over 3,000 successful websites Approved: quality assured supplier on the East Midlands service provider register

5 Services Website design & development Online marketing SEO PPC Marketing Online Press Releases Social media Web Analytics E-commerce Support & hosting

6 PCI Compliance V 1.2 Oct 2008 Standard not law PSPs and banks increasing pressure for businesses to become PCI compliant themselves Approving software vendors for Payment Application Data Security Standard (PA DSS) compliance

7 PCI DSS High Level Overview Build and Maintain a Secure Network Install and maintain a firewall configuration to protect cardholder data Do not use vendor supplied defaults for system passwords and other security parameters Protect Cardholder Data Protect stored cardholder data Encrypt transmission of cardholder data across open, public networks Vulnerability Management Program Use and regularly update anti-virus software Develop and maintain secure systems and applications

8 PCI DSS High Level Overview 2 Implement Strong Access Control Measures Restrict access to cardholder data by business need to know Assign a unique ID to each person with computer access Restrict physical access to cardholder data Regularly Monitor and Test Networks Track and monitor all access to network resources and cardholder data Regularly test security systems and processes Maintain an Information Security Policy Maintain a policy that addresses information security

9 PCI for Merchants... Major elements that affect e-commerce: Storing the CVV number prohibited PAN to be available to those having a need to access it otherwise must be masked. Must be encrypted where stored and when transmitted Is your e-commerce software PA DSS compliant? Is your bank PCI compliant? Is your PSP PCI compliant Will your business have to be compliant? CPI as an option

10 3D Secure Verified by Visa Secure by MasterCard Password-protected identity checking Benefit to merchant Liability passes to card issuer so reduces chargebacks Possibly reduce charges Disadvantage extra step in checkout process Maestro requires Secure by MasterCard

11 Merchant Accounts and Payment Service Providers Lloyds TSB Barclays RBS Worldpay HSBC BOS Sagepay Paypoint Netbanx Nochex Paypal Google

12 Lloyds TSB Open a merchant account Open a Cardnet account e-commerce transactions separately identified Use third party PSP Charges Joining fee 12 month minimum contract % of value of each credit card transaction Flat fee on debit card transactions Multicurrency or dynamic currency conversion

13 Barclays epdq epdq CPI epdq API Charges New Customers pay a joining fee for account set up Flat monthly charge plus % of transaction value and flat fee for debit cards Transaction charge as well (% of credit cards/ flat fee for debit cards)

14 RBS Worldpay Business Gateway option for merchants who have a merchant account CPI 4 days for funds to transfer Charges From pm 350 inclusive transactions 28p per subsequent transaction or % based on volume

15 RBS Worldpay 2 Business Gateway Plus provides merchant account CPI Funds available within 28 days Charges Set up fee 75 Monthly fee 15 Transaction fees 3.35% per transaction + 15p per transaction

16 RBS Worldpay 3 Global Gateway High Capacity Gateway Both for large customers trading globally

17 HSBC CPI API Funds transferred within 3 days Charges 200 set up fee Monthly management fee 20 Transaction charges negotiable. Base rates 3.5% cards 35p debit cards Can use other PSP!

18 Bank of Scotland Merchant account only Fees negotiable Become very risk aware/averse Use Trade Association!! In 2008 they quoted : 375 set up, 20 pm minimum, 3.2% credit cards, 50p per transaction

19 Sagepay (was Protx) API and CPI No set up fees SME Tariff 20 per month Upto 1000 transactions per quarter Corporate Tariff Over 1000 transactions per quarter 10p per transaction Teamed up with BOS to offer merchant accounts

20 Lite Paypoint (was Secpay) CPI No set up fees 20 per month Up to 350 transactions free Each subsequent transaction 15p

21 Paypoint 2 Fast Track - Complete Solution for businesses without Merchant Accounts CPI 125 set up fee 30 per month Negotiable transaction rates??? Settlement depends on circumstances and bank

22 Paypoint 3 Professional API 40 per month Up to 500 transactions free Each subsequent transaction 10p Enterprise API Tailored pricing Bank Enterprise for larger companies API Tailored pricing

23 CPI Netbanx Branded checkout Automatic redirection to site API Charges Set up fees 10p per transaction reducing with volume

24 Netbanx 2 Complete Solution for businesses without Merchant Accounts Funds transferred 7-14 days Charges 20 per month minimum charge Transaction costs from 1.9% plus 20p for credit card transactions plus 45p for debit card transactions

25 Nochex Merchant Account option - no merchant account required CPI Instant cash access but with daily withdrawal limit 50 set up fee No monthly or annual fees Maximum transaction value 1,000 From 2.9 % +20p per transaction

26 PayPal Website Payments Standard Quick to set up - adding a PayPal button No set up fees No monthly fees No gateway fees 1.4%-3.4% + 20p per transaction

27 Paypal 2 Website Payments Pro API option No merchant account required No set up fees 20 monthly fee 1.4% -3.4% +20p per transaction 3D secure use their own security Maestro requires 3D secure

28 Google Checkout Buy Now button option API option Charges No set up fees No monthly fees No gateway fees No transfer fees Transaction fees from 3.4% - 1.4% transaction plus 20 p per transaction 1% if country of buyer different to seller Add Google Checkout badge to Ads Not 3d Secure so cannot offer Maestro

29 Olga Travlos