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All of our terminals are in full compliance with Visa & MasterCard truncation regulations. Nurit terminals allow us the ability to truncate YOUR copy of the receipt if you feel that this option is necessary. Some merchants simply do not want to display any of this information due to customer hesitance. However, as the merchant, YOU are entitled to have all of the cardholder’s information to include: This information is very important to you in case of any chargeback issue. It simply helps you to locate the necessary information needed to substantiate your case. Older terminals that provide a carbonless copy, require full truncation which means that YOUR copy is missing valuable information. Counter Top Options
 Support Equipment
Web Based Processing
All terminals offered for sale at schmooze inc. are fully guaranteed for 1 year from the time of installation. This guarantee covers all possible failures, (new or refurbished) EXCEPT for an act of Nature. REPLACEMENT OF THE TERMINAL WILL OCCUR WITHIN 24 HOURS. All terminals will perform the basic tasks of processing, but each terminal has its own specific features and sometimes its own inadequacies. We like to offer a variety of terminals to fit YOUR particular solution, at various price points. That being said, we would like to explain why the VeriFone Nurit series is our equipment of choice: Additionally, you can print various reports to help you manage and understand your business: All of this can be accomplished right at the terminal with no extra costs or software involved. All changes are handled through the terminal itself, and you control the content you want to see. Of course if you want to upgrade your equipment to allow for different technologies, all Nurit terminals operate the same and reports are exactly what you have been used to. Please give us a call to discuss our terminal pricing. You will be pleasantly surprised, how affordable these terminals are.
FACTA, the Fair and Accurate Credit Transaction Act (Federal Regulation) states: Account truncation rules do not apply to handwritten or manually imprinted receipts, nor does it apply to the merchant’s copy of the receipt. In some point-of-sale product configurations, such as restaurant applications, the merchants’ copy may be used to re-enter transactions that may be lost during a power outage or equipment failure. The current fines for not Truncating are: These are just the Visa/MasterCard penalties; there are federal and state penalties that may also be collected. State penalties can vary, but can be up to $10,000 per transaction and can have felony charges associated with them. All it takes is one dissatisfied customer or credit card company agent to report a non truncating establishment and the business can be penalized and shut down, and the merchant may be placed on the terminated merchant file, which will prevent them from accepting any credit cards in the future. The following terminals are no longer supported by Visa/MasterCard: Many credit card companies have not appropriately informed their customers about the laws and regulations of credit card truncation. But they have to adhere to Visa/MasterCard regulations associated with credit card truncation. They have no choice but to disable any terminals that will not provide credit card truncation. Many terminals can be programmed to truncate IF you are signed up with the correct processor. If you have any questions regarding you r current equipment, please call us to see how we can insure that you are compliant with all current and future regulations. |
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| schmooze, inc. - 300 First Avenue,
Red Lion, PA 17356,
USA - Phone: (717) 246-8896 Toll Free: (866) 724-6663 Website Hosting provided by Double Dog Communications |