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Veloce POS
Veloce POS
  • Veloce
    • About Veloce
    • Introduction
    • Hardware and Software Requirements
      • Hardware Requirements
      • Tablets
      • Network Requirements (Wired)
      • Network Requirements (Wi-Fi)
      • Network Layout
      • Operating System Requirements
      • Unsupported Operating Systems
    • Installation & Initial Setup
      • Before Installing Veloce
      • Configure your Windows Network Profile
      • Download Veloce Files
      • Install the Veloce Back-Office
      • Share the Veloce Back-Office folder
      • Veloce Shortcuts Installation
      • Veloce First Start and License Activation
      • Veloce Server First Start and Windows Defender Firewall Configuration
    • Veloce Back-Office
      • Introduction
        • Veloce First Login
        • Basic Navigation
        • Veloce Back-Office Overview
      • Back-Office User Accounts
        • Create Back-Office User Accounts
        • Login to the Veloce Back-Office
    • Setup / Utilities
      • Setup / Utilities Overview
      • Configure Languages
      • Add a third language profile in Veloce
      • Price Levels
      • Currency Options
      • Date & Time
      • Taking Backups
      • Restoring Backups
    • Point of Sales Control
      • Taxes
        • Taxes Overview
        • Tax Categories
      • B.C. Soda Tax
        • B.C. Soda Tax Overview
        • B.C. Soda Tax Configuration
        • B.C. Soda Tax Examples
        • Example #1: Simple item
        • Example #2: Combo with unlisted soda
        • Example #3: Combo with listed soda
      • Modes
      • Big Divisions
      • Divisions
        • Divisions - Configuration
        • Divisions - Price per Quantity
        • Divisions - Discounts
        • Divisions - Redistributed Tips
        • Divisions - Links
        • Divisions - General Ledger
        • Divisions - Taxes
      • Sales Items
        • Item Screens
        • Create Sales Items
        • Sales Item Setup - Configuration
        • Sales Item Setup - Item Types
        • Sales Item Setup - Ordering Options
        • Sales Item Setup - Links
        • Sales Item Setup - Options
        • Sales Item Setup - Availability / Schedule
        • Sales Item Setup - Delivery
        • Sales Item Setup - Preparation
        • Sales Item Setup - Variations
        • Sales Item Setup - Included Items
        • Sales Item Setup - POS Inventory
        • Sales Item Setup - Bar Interface
        • Sales Item Setup - Recipe
        • Sales Item Setup - Forced Modes
        • Sales Item Setup - Taxes
      • Groups and Keys
        • Group Configuration
        • Button Configuration
        • Button Functions
        • Button Functions - Detailed List
      • Payment Modes
    • Electronic Funds Transfer (EFT)
      • About Electronic Funds Transfer (EFT)
      • Overview of PayFacto solutions offered with Veloce
      • Payment Modes for EFT
        • Introduction
        • Generic Credit/Debit Payment Mode
        • Interac Debit Payment Mode
        • Credit Card Payment Modes
      • Veloce Mobile Application
        • Introduction and Prerequisites
        • Veloce Back-Office Setup
          • EFT Module Setup
          • Departments Setup (POS Control)
          • Workstation Setup in the Point of Sale Control module
          • System Configuration Setup
          • Finalize Configuration
        • Payment Terminal Setup
          • PayFacto Payment Application
          • Veloce POS Application Installation
          • Veloce POS Application Configuration
          • Veloce POS Application - Connection
    • PayFacto Verified Printers for MEV-WEB
  • Velmix LQ 232-IP
    • Safety Guidelines
    • Introduction to the Velmix LQ 232-IP
    • Included Materials
    • Connexions
    • Installation
    • Velmix LQ 232-IP Controller
    • Installing Bottle Stoppers
    • Sealing Bottles
    • Pouring a Product
    • Cleaning the Stoppers
    • Pairing the Velmix LQ IP to the POS
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  1. Veloce
  2. Electronic Funds Transfer (EFT)
  3. Payment Modes for EFT

Introduction

PreviousPayment Modes for EFTNextGeneric Credit/Debit Payment Mode

Last updated 1 year ago

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For all EFT protocols, the payment modes must be correctly configured. The configuration is the same regardless of the protocol used. The different payment modes serve first and foremost to activate the payment terminal in order to take card payments, then, they compile the following statistics and data:

  • The type of card used; either a debit card, credit card or a banking card, such as Interac Debit.

  • The brand of the card used, such as Visa, Mastercard, AMEX, Discover, etc.

  • The sale amount.

  • The amount authorized for payment.

  • The tip amount, if any.

  • The last 4 digits of the card number.

"EMV" Standards

Since the mandatory implementation of EMV (Europay, Mastercard, Visa) Standards around 2010, merchants have tried to limit card handling by cashiers/clerks as much as possible. This way, the payment cards remain in the customer's hands at all times, giving them a feeling of security and effectively limits the possibility of fraud by card skimming.

Since it is now difficult for the merchant to know in advance what kind and brand of card will be used for payment, Veloce uses the information returned by the terminals to know which card type and brand was used, along with other information about the payment.

Related Topics

Generic Credit/Debit Payment Mode
Interac Debit Payment Mode
Credit Card Payment Modes