NYCE’s POS Purchase is a comprehensive suite of card-present transactions that delivers the fastest checkout experience coupled with lowered payment expense when compared with the traditional signature networks. The NYCE POS service includes access to every major PIN POS merchant across the U.S.
In addition, NYCE offers PINless POS purchases up to $50 that do not require a signature and PINless POS purchases greater than $50 that do require capturing a customer’s signature.
These solutions provide the benefits of real-time processing while providing merchants with processing cost reductions. Unlike traditional signature networks, the majority of PINless POS transactions through NYCE will be single-message rather than dual-message. Unlike the traditional signature networks, NYCE PIN POS allows customers to receive cash back.
NYCE’s extensive and growing base of retailer locations lets your cardholders use their debit cards at a wide variety of establishments with outstanding national coverage. NYCE POS includes traditional PIN debit retailer segments, such as grocery stores and gas stations, plus department stores, clothing retailers, pharmacies, gasoline stations, home improvement stores, discount chains and many others. More than 2 million retail locations in the U.S. and its territories accept NYCE debit cards for purchases. More and more retailers are offering PINless POS services, as well.
Your cardholders will appreciate widespread access to their accounts and NYCE’s outstanding service quality and reliability, which strengthens your customer relationships.
Cash back services with PIN POS transactions are offered at supermarkets, pharmacies and a variety of other retailers, providing another delivery channel for convenient cash access to consumer accounts.
Visit Popular Retailers to see a list of cardholders’ favorite places to shop with NYCE.
NYCE PINless POS requires the cardholder to be present, and the card must be swiped or tapped at the POS terminal. NYCE PINless POS services mirror the security requirements provided by alternative signature paths, and all transactions are scored by NYCE’s Risk Monitoring Service (RMS), developed in association with FICO. Features and benefits of the three services are: