Verifone has stopped developing and supporting Payware PC, citing industry changes and a focus on security. This decision aligns with current payment standards, ensuring robust security measures that meet industry demands. By discontinuing Payware PC, they aim to offer users the highest level of security and keep up with evolving payment processing requirements. The move reflects Verifone's dedication to adapting to market needs and providing cutting-edge solutions. Understanding the reasons behind this decision can help you navigate the shifting landscape of payment solutions and make informed choices for your business. Further insights into Verifone's payment offerings and industry trends await.
Key Takeaways
- Verifone ceases development, sales, and support for Payware PC and PC Charge.
- Decision influenced by evolving payment and security requirements.
- Reflects Verifone's commitment to keeping pace with industry changes.
- Shift towards newer technologies to align with industry standards.
- Aim is to meet market demands and ensure high security levels for users.
Reasons for End of Life Announcement
Verifone has decided to halt the development, sales, and support of Payware PC and PC Charge due to changing payment and security requirements in the industry. This decision reflects Verifone's commitment to keeping pace with the evolving landscape of payment processing.
By focusing on more up-to-date solutions, Verifone aims to meet the demands of the market and guarantee the highest level of security for its users. Shifting to newer technologies aligns Verifone with industry standards, ultimately benefiting existing users and partners.
While this change may require adjustments for those using Payware PC and PC Charge, it signifies Verifone's dedication to providing cutting-edge payment solutions that meet the ever-changing needs of businesses and consumers.
Key Features of Verifone's Payment Solutions
With Verifone's payment solutions, you can seamlessly process all card types across various platforms while enjoying direct integration with popular ERP/Accounting software. These solutions are also compatible with specific versions of Sage ERP and guarantee PCI Compliance by securely storing credit card numbers offsite. Enhanced security measures include data encryption and tokenization, safeguarding sensitive information.
This not only provides a convenient payment processing experience but also prioritizes the protection of customer data. Verifone's commitment to innovation in the payment industry is evident through these key features, catering to the diverse needs of businesses looking for reliable and secure payment solutions.
Benefits of Verifone's Payment Solutions
Experience unlimited batch history for transactions with Verifone's Payment Solutions. With customizable reporting tools offering extensive search criteria, you can efficiently track and manage your payment data.
Utilize the mobile app for convenient on-the-go transactions, ensuring flexibility and ease of use. Benefit from next day funding for processed transactions, optimizing your cash flow. Verifone's Payment Solutions also provide flexible all-inclusive rate processing options, accompanied by free 24/7 support for any assistance you may need.
Enjoy the peace of mind that comes with PCI compliance and secure offsite storage of credit card numbers, enhancing the security of your transactions. Verifone's solutions offer a complete suite of features designed to streamline your payment processing experience.
Additional Services Offered by Verifone
Discover a range of valuable services provided by Verifone to enhance your payment processing experience. Verifone offers a free whitepaper download on managing finance risks, allowing you to stay informed about potential threats.
You can also benefit from upgrade options for accounts receivable processes, ensuring efficient management of your financial operations. With a wide range of payment integrations available, Verifone enables you to seamlessly integrate various payment methods into your system.
Additionally, Verifone boasts a high uptime reliability of 99.9%, ensuring uninterrupted service for your payment processing needs. Their no-contract policy and easy setup process make it hassle-free to start utilizing their services, providing flexibility and convenience for your business.
Comparison With Other Payment Processing Providers
When comparing Verifone's payment solutions with other providers, you'll find distinct differences in features and services offered to meet varying business needs. Verifone stands out with its direct integration with popular ERP/Accounting software, compatibility with specific versions of Sage ERP, and enhanced security measures like PCI compliance and data encryption.
In comparison, Authorize.net is known for its thorough online payment gateway services, BlueSnap offers global payment processing solutions, Chase provides extensive banking and payment solutions, Clover specializes in point-of-sale systems, and Stripe is renowned for its developer-friendly payment processing APIs.
Each provider has its strengths and target markets, so it's crucial to evaluate which aligns best with your business requirements.
Frequently Asked Questions
Will Existing Payware PC and PC Charge Users Receive Any Compensation or Refunds?
Existing Payware PC and PC Charge users may not receive compensation or refunds due to Verifone halting development and support. It's important to check the terms of service and any agreements in place for information on potential reimbursements.
Consider exploring alternative payment processing solutions to guarantee uninterrupted business operations and compliance with evolving payment industry standards.
Contact Verifone or a financial advisor for personalized guidance on smoothly managing this shift.
How Will Verifone Assist Existing Users in Transitioning to Newer Payment Solutions?
Verifone is dedicated to helping existing users in shifting to newer payment solutions. They'll provide thorough support, detailed guides, and personalized assistance to guarantee a smooth migration process.
Rest assured, Verifone's devoted team will work closely with you every step of the way, addressing any concerns or questions you may have. Your satisfaction and successful switch to the latest payment technologies are their top priorities.
Are There Any Alternative Payment Processing Providers Recommended by Verifone?
Looking into alternative payment processing providers recommended by Verifone, consider exploring options like Authorize.net, BlueSnap, Chase, Clover, and Stripe.
Each provider offers distinct features and benefits suitable for various business needs. Compare their offerings to determine which aligns best with your requirements, ensuring a smooth shift to a new payment processing solution.
Assess factors such as integration capabilities, security features, and pricing structures to make an informed decision.
What Impact Will the End of Payware PC Have on Verifone's Partnerships With Other Companies?
The end of Payware PC by Verifone will likely disrupt partnerships with other companies that relied on this software for payment processing. Moving to newer technologies may pose challenges in integrating with existing systems.
Partners may need to adjust to alternative solutions or seek new collaborations to maintain seamless payment processing. This shift emphasizes the importance of staying updated in the evolving payment industry landscape to sustain effective business relationships.
Will Verifone Offer Any Special Promotions or Discounts for Users Switching to New Solutions?
Verifone does offer special promotions and discounts for users moving to new solutions. These offers aim to facilitate the switch and provide added value to customers.
By taking advantage of these promotions, you can save costs and guarantee a smooth migration to Verifone's latest payment processing innovations.
Contact Verifone's customer support for detailed information on current promotions and how they can benefit your business.
Conclusion
To sum up, Verifone's decision to halt development and support for Payware PC and PC Charge marks a significant shift in the payment processing industry. With newer technologies on the horizon, users and partners can expect a wave of innovation and enhanced security features.
As the landscape evolves, Verifone continues to lead the way with cutting-edge solutions. The future of payment processing has never looked brighter, with Verifone at the forefront of revolutionizing the way we pay.
