Payment terminal installation

Pay only per transaction, without any minimum-term contracts or rental fees. Save time with business tools like SKU inventory tracking and real-time transaction accounting. You can also customise discounts, and send email receipts and payment links with ease. Tap, Chip or Swipe — get paid every time. HitPay Payment Solutions Pte Ltd is currently carrying on business under an exemption granted by the Monetary Authority of Singapore and is currently exempted from holding a licence to provide payment services under the Payment Services Act No.

Your funds are kept strictly segregated in a trust account with a tier-1 partner bank, who is guaranteed by the Singapore Deposit Insurance Scheme SDIC. Many contactless payment systems also include additional proprietary security measures. Apple Pay, for example, requires users to verify their identity with their thumbprint before making a payment.

That's not to say there is no possibility of fraud with these systems, however. There have been some instances where security vulnerabilities in the system software have been exploited. Most notably, a vulnerability in Visa's contactless payment system allowed security researchers to steal funds by sending a message to the card or app that PIN verification wasn't required, and a separate message to the payment processor that verification had been completed. While this exploit did require physical proximity to the payment device, it not only allowed them to withdraw a payment from the victim's account, but also bypass the contactless payment limit.

Visa hasn't yet announced a fix for this vulnerability, citing the lack of real-world use of this technique, but if fraudsters start taking advantage, Visa would likely be able to put out a fix on the software side of things that wouldn't require any hardware to be replaced. While contactless payments were on a slow burn towards widespread acceptance in the US prior to COVID , the pandemic has created much greater awareness and interest in contactless payment methods.

In fact, NFC terminals can provide a genuine public health benefit in locations that are required to accept a high number of payments from multiple customers. While concerns about the virus have waned in the U.

In addition, as people spend more time together again, seeing friends and family using contactless payment is likely to convince others to give it a try as well. This article contains information on how to setup payment terminals. Canadian customers may still use Moneris and Chase. In preparation for your IT service call to configure your device, we recommend that you:.

Note: To see how to access account statements, review the article, View Merchant Account Transactions. Attention: Please refer to the product manual for more detailed information and instructions regarding your payment terminal hardware, or contact Vantiv support at After accessing the Stations page, please work with an IT professional to set up unique workstations to configure your payment devices:.

If you haven't already done so, connect the device to the Internet using the Ethernet cable. You need three pieces of information from different sources:. Information Body. Restart the computer after the uninstall has completed. Updating the Device Page Layout. Select the Save button. Article Details Title. Set Up a Payment Terminal Elavon. URL Name. Quick Reference Card.