Integrated EFT (IEFT)
HTEC's Integrated EFT (IEFT) module is a software product that utilises a number of 3rd party PIN entry devices (PIN pads and/or unattended devices) and provides Electronic Funds Transfer (EFT) at the Point of Sale (POS), an on line authorisation and transaction settlement service hosted at HTEC. The product comprises software developed in an industry standard format that can be run on any windows based POS or terminal environment.
Key Features and Benefits
- Reduces customer cost of ownership and ongoing maintenance costs
- Increased transaction speed at the Point of Sale
- Removes and/or reduces the need for incumbent Bank Approvals processes for Chip and PIN implementatin as the HTEC host is the approved bank interface and is replicated exactly for all merchants (i.e. one bank approval per acquirer)
- Total solution portability
- Easy integration with 3rd party POS and PED (PIN Entry Devices) products
- Optional integrated On Line Loyalty (OLL) solution which provides increased performance at the Point of Sale for multiple transaction types
- Remotely serviceable including IP based "health checking", automated alerts and remote resetting
- Solution tailored for the specific and detailed requirements of the Petrol Forecourt Industry