Paymentech, the nation's third largest bankcard acquirer, has certified the IVI Checkmate eN-Counter 4000 POS terminal, formally known as the DataCard Jigsaw, for release to ISOs and agent bank clients. Paymentech's ISOs and agent banks will be able to purchase the eN-Counter 4000 POS terminal directly from IVI Checkmate for resale to retailers and restaurateurs.
As you know from previous GS issues, IVI Checkmate recently acquired DataCard's Financial Systems subsidiary, which developed and marketed the Jigsaw (now known as the eN-Counter 4000) POS solution. The former DataCard subsidiary has been renamed the IVI Checkmate Financial Systems division.
John Mamalakis, Vice President and General Manager of IVI Checkmate's Financial Systems division, said, "The eN-Counter 4000 terminal offers an intuitive and feature rich retail/restaurant application suite which includes combined credit and debit support, a wide range of tip options, the ability to add and personalize operator prompts, mail order/telephone order with address verification (AVS), and multiple levels of password protection.''
The eN-Counter 4000 is certified for use with Paymentech's authorization and electronic draft capture processing platform and can be configured as an "all-in-one'' Electronic Funds Transfer POS solution or installed modularly. Both configurations offer smart card and magnetic stripe capabilities and include a feature-rich software package that supports both retailers and restaurants.
"We are seeing an increasing demand for the eN-Counter 4000 among our ISOs and agent bank customers,'' said George Wilcox, Group Manager for Retail Product Management at Paymentech."
Paymentech processed 2.2 billion total transactions and approximately $54 billion in sales volume in 1998. IVI Checkmate is the third largest electronic transaction solutions provider in North America. For more information on IVI Checkmate, visit http://www.ivicheckmate.com. For more information about Paymentech access http://www.paymentech.com.
