Valuable N.G.A. Benefit: Special N.G.A. Electronic Payment Processing Program N.G.A and First Data has a valuable payment services program with unprecedented discounts, innovative technology and improved payment products and services for N.G.A. members. First Data is the world's largest provider of merchant processing services as wells as a number of other programs such as:
Acquiring/Payment Processing: First Data offers some of the most flexible payment acceptance options in the industry, allowing merchants around the world access to a variety of point-of-sale (POS) payment solutions to meet their business needs. First Data has relationships with all major credit card and debit card companies, including VISA®, MasterCard®, American Express®, Discover®, Diners Club®, JCB® and STAR®. They can provide Electronic Benefits Transfer (EBT), and have relationships with Fleet Card vendors. First Data offer competitive rates, transaction security, flexible billing and timely, accurate reporting options. They also offer solutions with a variety of connectivity options, such as wireline, wireless and IP. Click here to learn more.
TransArmor (Encrypted/Tokenized Payment Transactions): The First Data® TransArmor solution is a combination of encryption and tokenization technology that protects and removes payment card data completely from the merchant environment, so your systems never hold the actual card numbers from the transactions you process. The solution removes the need for merchants to store card data by replacing it with a randomly assigned number, called a 'token'. In doing so, TransArmor minimizes risk by reducing the scope of PCI compliance, shifts the burden of protecting cardholder data from you to First Data, and allows the 'token' to be used for other business and sales functions such as returns, sales reports, and analysis. This advanced security technology addresses merchant concerns over customer card data protection, card data storage and the rising cost and complexity of PCI compliance. Click here to learn more.
TeleCheck® Internet and Telephone Acceptance Services: provide a secure and easy way to accept check payments in Card Not Present (CNP) environments. This real-time approval and payment solution can improve operational efficiencies and may increase revenue by offering stronger fraud protection, quick funding and low-cost integration. Click here to learn more.
Payroll & Disbursement Solutions: Whether you are an employer challenged to reduce payroll processing costs or a merchant seeking to boost revenues with different prepaid offerings, First Data delivers innovative prepaid solutions to meet your business needs. Click here to learn more.
Prepaid Reloadable Card Programs: Unlike conventional prepaid cards, prepaid General Purpose Reloadable (GPR) cards allow customers to reload the cards with additional funds and even set up direct deposits to the cards. These features make the cards especially appealing to unbanked and underbanked consumers who may be finding it increasingly difficult to gain access to traditional credit and debit products. Click here to learn more (.pdf).
Check Cashing: The First Data Check Cashing Service enables you to offer payroll, tax refund and government check cashing to customers while minimizing the challenge of fraud. VALID Systems® industry-leading biometric technology combined with the TeleCheck Activity Databases have some of the highest approval rates and lowest fraud rates in the industry. Click here to learn more.
N.G.A. is committed to providing our members and the industry with the information and tools needed to make timely, accurate business decisions. N.G.A. would like to share a number of new resources available by FMS (Financial Management Solutions reflecting the best practices for the independent retail grocery industry.
Click on the links below to download information on industry best practices:
FMS core services have been built around providing independent retail grocers with the financial information needed to make informed operational decisions on a daily basis. For more information, visit their website www.fmssolutions.com.
