Making sense of the credit card process: a simplified overview for B2B companies
B2B Insights: Understanding the Credit Card Process
Maybe you’re a first-time small business owner. Maybe you’re a controller for...
Note: This article updated to a product end-of-life notice on January 25, 2021.
PayTrace’s development team has been hard at work, continuing to build on our next-gen EMV product. With the release of PayTrace’s EMV 2.0 last year, it marked the beginning of a transition away from our original EMV solution.
Today, we’re announcing that our first-generation EMV product will be retired as of December 31, 2021.
Merchants using this legacy product can upgrade to our new EMV 2.0 solution. Read more about it below, visit our website, and connect with your account executive to get started.
Get started with EMV 2.0
Built on a diverse array of merchant feedback, our newest product – EMV 2.0, is a true plug-and-play omnichannel solution. It’s also on the API, so you can integrate other business products with EMV 2.0.
EMV 2.0 is faster, has a much better price point, is easier to set up, and includes features suggested by merchants. As a result, after several months on the market, merchant happiness is 4x greater compared to our first-generation product. Our EMV 2.0 solution is available for boarding on TSYS (and soon to be First Data), uses an IDTech Augusta device, in-house MagTek encryption, and removes Java frustrations.
If you would like more info before contacting our sales team, visit our EMV 2.0 product page. Our Get EMV educational series has some videos and resources that can help you get started. We have lots of details on this new solution and hope you’ll give it a try. Merchants are thrilled with it. We think you’ll enjoy it, too.
EMV 2.0 resources
Website: https://www.paytrace.net/emv
Get EMV email / video series: https://paytrace.net/get-emv
Order EMV 2.0 hardware: http://help.paytrace.com/recommended-hardware
Connect with Sales: sales@paytrace.com
EMV 2.0 sales sheet: https://www.paytrace.net/file/?file=emv-sales-sheet-5-15-2020.pdf
While product changes aren’t always fun, we believe our new EMV 2.0 solution is an answer to sales partners’ requests. We value your input as we continue improving our payment gateway. Thanks for being part of this journey.
B2B Insights: Understanding the Credit Card Process
Maybe you’re a first-time small business owner. Maybe you’re a controller for...
Struggling to get paid on time? You're not alone. Guest blogger Laura Schomaker from Intelligent Technologies, Inc, provides...
B2B Insights: AR Automation
Accounts receivable (AR) automation is a top embedded finance requirement that B2B companies can’t live without....