Introduction to Card Present Connect | Retail
Extend your global reach at the point of sale while using multiple processors and
acquirers and end-to-end encryption to securely enable innovative solutions. Card
Present Connect | Retail is a one-stop commerce solution for payment technology
providers that enables you to process card-present transactions. This product and other
value-added services are available to you through a single integration on a powerful
payment management platform.
An added benefit of Card Present Connect | Retail is that you can
streamline Visa Platform Connect certification, which helps you verify secure and
compliant payments.
Enabling the Card Present Connect Platform
Before you can use the Card Present Connect platform, you must enable this feature.
Card-Present Transactions
A card-present transaction occurs when the payment card is present at the your physical
place of business. You can accept card-present payments at a point-of-sale (POS) payment
terminal or on a mobile point-of-sale (mPOS) device.
These are the basic types of card-present transactions:
- EMV transactions. The EMV transaction type is named after the three companies that developed the technology standard: Europay, Mastercard, and Visa.
- Magnetic stripe transactions
- Hand-keyed transactions
Card-present transactions have risk control requirements. For more information, see Card-Present Risk Control Requirements.
Card-Present Transaction Risk Control Requirements
The risk associated with card-present transactions is lower than transactions made when
the card is not present because the customer is present. This reduced risk results in
lower transactions fees for card-present transactions.
Although the risks are lower, there are still risk control requirements for card-present
transactions.
The acquirer is responsible for monitoring transaction risk, as well as for managing
fraud and disputes in keeping with payment network rules, including Global Acquirer Risk
Standards. Monitoring and management activities also must comply with these Visa Risk
Compliance programs:
- Visa Fraud Monitoring Program
- Visa Dispute Monitoring Program
To comply with risk control requirements, the acquirer must take one of these
approaches:
- EnableCybersourcetransaction and fraud monitoring tools.
- Ensure that its payment technology providers (PTPs) implement transaction and fraud monitoring tools.
- Deploy its own transaction and fraud monitoring tools.
Each approach provides fraud and risk controls for direct merchant relationships and
payment technology providers with no transaction or fraud monitoring tools.
For more
information, see Fraud and Risk Management Solutions.