subtitle area Paymetric, Inc. Corporate Presentation

Transcription

1 Paymetric, Inc. Corporate Presentation 1

2 Agenda I. About Paymetric II. Market Forces III. Challenges IV. Solutions 2

3 What We Do Integrated & Secure epayment Processing for ERP Systems Improve Return on epayment Acceptance Reduce Barriers to PCI Compliance Streamline & Simplify Payment Processes 3

4 Market Leader Company 54 employees Founded in 1998 Houston, TX Customers 190 enterprise customers $8B processing volume Expertise SAP B2B transactions CNP transactions SAP Partnership Two-time Pinnacle Award Winner Certified software development partner Certified integration partner 4

5 Paymetric Customers Manufacturing Customers 5

6 Paymetric Customers Service Customers 6

7 Market Forces Dynamic Marketplace 7

8 Challenges Complexities of epayment Processing in ERP Systems ERP Integration Payment Application Management PCI Compliance B2B Transactions Manual authorization & settlement disrupts to order-to-cash process Costly to support static payment applications in dynamic environment Detrimental impact on ERP for encryption & data storage Providing line-item detail to p-card customers 8

9 Traditional Payment Integration Approach Non-integrated Approach 9

10 Traditional Payment Integration Approach MULTIPLE SERVICE PROVIDERS = ADDITIONAL COST AND RISK FOR YOUR CLIENTS 10

11 Traditional Payment Security Approach Encryption technology required for every system in which credit card data is stored The more distributed your data, the more complex and costly compliance will be: More encryption technology More keys to manage More key rotation More security risks More IT staff hours 11

12 Challenges Key Question How can I meet increasing customer demand for epayment options in the face of rising transaction fees and disproportionate security/reputation risks? 12

13 A New Approach Outsource & Tokenize Outsource epayment integration and processing through on-demand service Replace the credit card numbers in ERP with a token 13

14 Solution Secure epayment Integration Service 14

15 Secure Processing How It Works PCI Certified Data Center 15

16 Key Features Payment Types Credit and Debit cards Purchasing cards echecks Alternative payments Security Tokenization of credit card numbers ERP Enhancement Certifications SAP Receivables Management Reports & Utilities SAP Enterprise Services Interface SAP Cross Application Payment Card Interface Powered by PABP-certified payment application 16

17 Why Outsource Transfer Burden Of Payment Processing & PCI Compliance To Payments Experts To safeguard systems and eliminate risks associated with cardholder data storage, merchants should consider outsourcing some or all cardholder data storage and handling to a PCI DSS compliant service provider. - VISA Data Security Brief Payment Systems Risk 9/3/08 17

18 Why Tokenization PCI DSS Section 3 PROTECT STORED CARDHOLDER DATA Cost A company with 100K customer accounts spends $6 per account to roll out data encryption appliances The cost of compliance can range run from $125k for Level II Merchants to more than $700K for Level I Merchants Scope "If you cut off systems that don't process cardholder data from those that do, then the PCI DSS requirements only apply those that process the data," Brink said. "You cut off a big bunch of systems and reduce your scope. Cost of a breach can reach $90 to $305 per customer record 18

19 Why On-Demand An Attractive Alternative Ease of use, rapid deployment, limited upfront investment in capital and staffing, plus a reduction in software management responsibility all make a desirable alternative to many on-premise solutions, and they will continue to act as drivers of growth. -- Sharon Mertz, Research Director 19

20 Why On-Demand 20

21 Why On-Demand 21

22 Value Proposition Increase Value of epayment Processing Financial Benefits Reduce TCO of card acceptance Reduce B2B interchange costs Reduce gateway fees Reduce implementation & support costs Reduce hardware procurement costs Reduce billing, collection & payment costs Reduce customer attrition costs Increase revenue per customer Reduce cost of PCI compliance Improve Return on epayment Acceptance Reduce Cost and Scope of PCI Compliance Simplify & Streamline Payment Processes 22

23 Why Paymetric Capability Credibility Service All-inclusive service SAP expertise SAP Enterprise Services Certification On-demand service Proprietary tokenization Multiple payment types Reporting and Utilities Two-time SAP Pinnacle Award Winners More than 80% market share in SAP-certified implementations First in market with Open A/R, Encryption, Tokenization, On-demand 24 x 7 support World-class implementation partner 23

24 Questions 24