On the Spot - ManagedSolution Overview

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What is ON THE SPOT?

“ON THE SPOT” is VeriFone’s

solutions for payments at the point of service

for restaurants and hospitality locations. It’s

about bringing secure, efficient payment

solutions right to the spot of the

transaction.

Target Market Example – US TablePAY

Sources: 2005 NRA, Chain store Age

Top 201 - 1000 Chains

140,000+ Devices(7 per location)

20,000 Locations

(10 – 59 Locations)II

Small ChainsAnd Independents

1,500,000 + Devices(5 per location)

~300,000 +/-Locations

(Fewer than 10 Locations)

III

Top 200Chains

350,000+ Devices(7 per location)

50,000 Locations

(60+ Locations)

I

TIER

Top 200Chains

(60+ Locations)

Top 201 - 1000 Chains

(10 – 59 Locations)

Enterprise Solutions

Small ChainsAnd Independents(Fewer than 10 Locations)Managed &

Stand-Alone Solutions

ON THE SPOT Managed base components:

• Vx 670 Terminal (Wi-Fi or GPRS) for TablePay– Optional Vx 570 Terminal (Ethernet) for CounterPay

• ServPOS™ Payment User Interface

• Integration into VeriFone Managed Services Portal

ON THE SPOT Managed Solution

ON THE SPOT Solution Options

Vx 670 GPRS

Vx 670 WiFi

Vx 570 Ethernet

Router/Access Point

Cell Tower

Vx 670 GPRS

Vx 670 WiFi

Vx 570 EthernetWPA WiFi Security

SSL Security

PCI DSS Approved

ON THE SPOT Solution Security

• Merchant Interface

• Login

• Table / Ticket Input

• Customer User Interface

• Simplified Flow/Language

• Suggested Tip Option

• Payment Confirmation

• Terminal reports

• Totals by Individual Server or by all Servers

• Detailed transaction

• Management Tools

• Tip Adjust

• Void

• Open/Close Tab

• Refunds

Payment App (ServPOS) Admin / Reports App

On the Spot Terminal Software

PLEASE CONFIRMAmt: $20.00

SINGLE PAYMENT

SPLIT PAYMENT

CANCEL

TICKET 10

VeriFone ServPOSTM software flexibility

Welcome Screen

EnterTable/Ticket

Split Pmt

Server Login

Gratuity

Receipt Print

Confirm AmtEnter

Ticket(s ) / Payment

End Of Txn

Merchant

Customer

ServPOS should be considered as a flexible framework that it highly modifiable to adjust to various market opportunities

Default setting….

VeriFone ServPOSTM software flexibility

Welcome Screen

EnterTable/Ticket

Split Pmt

Server Login

Gratuity

Receipt Print

Confirm AmtEnter

Ticket(s ) / Payment

End Of Txn

Merchant

Server controls quick key press (CLR + 1) to

bypass gratuity

Quick print setting….

Merchant

No customer interaction necessary

Quick Print used when...

• Customer displays unwillingness to use POS terminal

• Multiple simultaneous checkouts required with limited # of terminals available

VeriFone ServPOSTM software flexibility

Opening Screen

EnterTable/Ticket

Initiate Sale

Receipt Print

EnterTicket(s ) / Payment

End Of Txn

Merchant

Rapid payment transactions completed in Report/Admin

Management Application

Rapid payment setting….Rapid Payment used when...

• Deployed in ultra-high volume txn setting of restaurant (i.e bar area)

• Continued requirement for repetitive blank tip line receipt prints

Portal Features

• Payment consolidation & reporting aggregates payment transactions from multiple devices for historical reporting purposes and ease of management.

• Terminal and User mgmt features allow merchants/resellers to disable enable terminals, modify terminal receipts, and set up portal user security roles via portal interface

• Automated settlement via the portal eliminates need to batch out each device at end of day.

• PCI DSS Compliant portal extends security compliance to merchant since no transaction data is stored on the terminal.

Managed Service Portal

Online Management Tools

POS Device Maintenance (Merchant Console)

Add/Remove Terminals

Manage Terminal Parameters

Your Logo HereYour Logo Here

https://yourcompanyname.vmsportal.com

Logo and URLLogo and URLco-brandco-brand

Co-branding Opportunities

Solution Comparison

Features Managed Stand-Alone

Consumer-Friendly UI (ServPOS)

Virtual Terminal Interface

Consolidation per location

Transactions Mgmt (Any terminal)

Transactions Mgmt (Online)

Real-time/Historical Reports (Any terminal)

Real-time/Historical Reports (Online)

Automated Settlement Device Independent (same or different models)

Terminal Management

Single load across install base

Configuration (Merchant)

Enable/Disable (Merchant)

Summary

Stand-alone solution most appropriate for locations with 3 payment devices or less.

Key Solution Benefits

• Increase payment options– Debit at Table ROI is largest driver– Current beta installations experiencing 35% – 40% debit conversion success…

with limited/no store level marketing.

• Terminal/Txn Consolidation– Portal manages all terminal and transactional information– Remove necessity to settle each individual device– Restaurant wait staff can use any device (e.g. initiate tab on Device 123 and close

tab on Device 456)– Duplicate checking supported to eliminate unnecessary duplicate transaction

• Real-time reporting– Reporting supported on both portal and terminal– Expedites “end of shift” balancing for wait staff

• Centralized configuration management– All terminal software downloads are generic– Customer specific terminal configurations managed from portal– Automation of application downloads to eliminate merchant intervention

(in development)

…the best pay-at-table solution is already on the table!