Nedbank

Home

Nedbank Nedlink

EFT Smart+ (fixed point-of-sale device)

Applications

EFT Smart+ is a device suitable for countertop card acceptance in any industry.

Features

	32-bit microprocessor for high-speed processing.
	Security features to process magstripe or smart-card transactions and protect entry of PINs.
	Magnetic stripe card reader as well as a chip reader built into the device.
	Fast connection and high-speed modem.
	Communicates via GPRS modem, FastNet radio pad and normal telephone dial-up technology.
	Backlighting of graphic screen.
	Silent thermal printer capable of printing 18 lines per second.

Benefits

	EFT Smart+ is engineered for speed with a fast, silent printer. On-line authorisations are performed within a few seconds to make overall transaction times shorter
	Can be used with or without a separate PIN pad.
	Supports multiple applications on cards, eg credit, current or savings accounts on one card.
	Easy remote download of software offers up-to-date payment software from Nedbank.
	User friendly operation.

EFT 930 (Portable point-of-sale Device)

EFT930 is the latest device available for portable card acceptance.

Applications

	Restaurants		Auctions
	B&Bs		Hotel groups

Features

	GPRS.
	Light weight for easy portability, only 425 grams.
	Backlighting of all keys for increased visibility
	Long battery life of up to 120 transactions.
	USB port to allow input into other devices such as tills.
	Compliant with EMV CHIP technology.
	Bluetooth portable point-of-sale has an outdoor range of up to 60 metres. This range can be increased with additional relay pods
	Communications via GPRS, Bluetooth

Benefits

	Complete portability.
	Powerful processing capacity.
	Secure � tamper resistant, detective and responsive.
	Supports multiple applications on cards, eg debit and credit applications on a single merchant card.
	Reliable and easy-to-upgrade software.

iMPi (MOBILE PHONE)

iMPi is a low-cost credit card acceptance solution available for mobile payments. It is particularly suitable for merchants with low-volume, high-value card transactions. iMPi gives you the opportunity to choose between two methods of accepting payment transactions, namely Java application IVR (interactive voice response) or Wireless Application Protocol (WAP).

Applications

	Mobile merchants, eg plumbers, electricians, painters, garden and pool service providers, pest control and direct sales organisations (eg Tupperware® sellers).
	B&Bs, lodges and camps in remote locations.
	Emergency backup for large merchants such as hotels and retailers.
	Schools, universities, exhibitions, markets and large events.
	Merchants in rural areas (buy-aid cards), on visiting rural areas.

Features

	Increased security. Each merchant has a unique version of iMPi on his/her mobile phone; this prevents software from being copied and used by unauthorised persons.
	Industry standard encryption technology to secure the transaction data for the end-to-end processes.
	Merchant has a choice between using GPRS (low cost) or SMS (universally available) as the carrier for each transaction when using the Java application option.
	Reconciliation facility.
	SMS transaction communication.

Benefits

	Software activated by PIN to make it more secure.
	Real-time processing.
	Hardware required: mobile phone and imprinter.
	Versatility of carrying a point-of-sale device on a mobile phone.
	Lowest transaction cost available in the market.

Iveri Link (Internet)

Particularly suitable for merchants who wish to accept credit cards as a method of payment via the internet or call centre but do not have their own website.

Applications

	Small call centres.
	New Internet merchants.
	Merchants with limited hardware - only a PC is required.

Features

	Any local and international MasterCard, Visa, American Express® Credit Cards and Diners Club International Cards can be accepted from any internet-connected computer.
	User friendly web interface.
	* No installation required.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Processing of credit card transactions from any computer regardless of the merchant’s location.
	Requires no integration.
	Real-time processing.
	Magnetic stripe reader or CHIP reader attached to the computer can feed into the Iveri link. This means your computer is effectively your point-of-sale device.
	Minimum staff training required for use.
	Full transaction history for the last six months and reconciliation reports.

Iveri Batch (Internet)

A credit card payment solution for merchants with bulk recurring payments that do not need to be processed in real-time. These merchants may operate in the physical store environment.

Applications

	Mobile network operators.
	Publishers.
	Parking concessionaires.
	Car hire companies.
	Mail order businesses.
	Insurance companies.

Features

	Any local and international MasterCard, Visa, American Express® Credit Cards and Diners Club International Cards can be accepted, subject to the functionality loaded on the merchant profile.
	Merchants create a text file in a specific format and upload it for processing via a secure website.
	Application to test the integrity of the data file.

Benefits

	View progress of the batch being processed at any time.
	Reports can be viewed, printed or downloaded on completion.

Secure internet solutions

3-D Secure is a service offering from the credit card associations. The two principal versions are ‘Verified by Visa’ and ‘SecureCode’ from MasterCard.

Features

	3-D Secure is designed to address the most pervasive fraud issue on internet-disputed transactions or‘chargebacks’. 3-D Secure reduces fraudulent purchases by verifying purchaser identity during online transactions.
	3-D refers to three domains, or areas of function responsibility: the Issuer domain, consisting of the cardissuing bank and the cardholder, the Acquirer domain with the merchant and acquiring bank, and the Interoperability domain, where the card associations link the other two domains together.

Benefits

A reduction in disputed transactions and chargebacks and their resulting financial expense.

Iveri Lite (Internet)

This isolution is fast to implement and is flexible solution for credit card acceptance for internet merchants with their own website.

Applications

Internet merchants with limited technical facilities and resources.

Features

	Accepts all local and international MasterCard, Visa, Diners and American Express credit and debit cards from an internet connected computer.
	Compatible with any operating system.
	User-friendly web interface.
	No installations required.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Processing of credit card transactions from any computer regardless of the merchant location.
	Optional email confirmations on completion of successful transactions.
	Requires little integration.
	Real-time processing.
	Full transaction history for the last six months and reconciliation reports.

Internet business solutions

This is an ideal solution for business-to-business (B2B) and business-to-consumer (B2C) merchants to accept credit card payments via medium to large call centres and websites.

Applications

	Airline operators.
	Telemarketing businesses.
	Car rental companies.
	Publishers.
	Parking concessionaires.
	Merchants with large call centres (level 3).
	Advanced data

Features

	Accepts all local and international MasterCard, Visa, American Express® Credit Cards and Diners ClubInternational Cards from an internet-connected computer.
	Compatible with any operating system.
	Requires integration and access to development resources.
	User-friendly web interface.
	No installations required.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Processing of credit card transactions from any computer regardless of the merchant location.
	Optional email confirmations on completion of successful transactions.
	Real-time processing.
	Merchant-driven (merchants can tailor the range of settings to suit business requirements).
	Full transaction history for the last six months and reconciliation reports.

Iveri Voice (Internet)

Suitable for mobile merchants who wish to accept credit cards through a phone line.

Applications

	Merchants making door-to-door sales.
	Cottage industries making sales from home.
	B&B.
	Mobile professionals without access to their own mobile phone.

Features

	Accepts all local and international MasterCard, Visa, Diners and American Express® credit cards from an internet connected computer.
	Obtain online credit card authorisation from a fixed line or mobile phone.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Merchants with internet access can obtain reports, reconciliation and perform transactions online after processing.
	Transaction reports provided over the telephone.
	Allows for guaranteed payment in specific circumstances.
	Allows �card present� payments in specific circumstances.
	Flexibility and convenience, as wherever there is a telephone line merchants can accept credit cards.
	Real-time authorisations.

NIPS (Nedbank Integrated Payment Solutions)

This is for medium- to large-sized merchants who require an integrated solution to accept local and international credit cards for payment from customers for goods and services.

Applications

	Cellular network providers.
	Hotel group central reservations offices.
	Airlines.
	Supermarkets.
	Retailers.
	All multilane applications.

Features

	NIPS operates servers and workstations through Nedbank’s merchant network, allowing for integrated EFT transaction processing from a retail outlet to the bank.
	It provides online connection to the Card Authorisations and Settlements Division of Nedbank. It permits the online processing of card transactions through host-to-host communications and can process transactions with all major cards.
	NIPS is used for all preauthorisation, sale and refund.
	It can process card transactions on line via internet connectivity.

Benefits

	Same-day settlement value for Nedbank accountholders.
	Available 24 hours a day, seven days a week.
	Real-time transaction processing.
	Optional stand-in transacting is available.
	Quick implementation.
	Online authorisation and preauthorisation.

Apply Now

EFT Smart+ (fixed point-of-sale device)

Applications

EFT Smart+ is a device suitable for countertop card acceptance in any industry.

Features

	32-bit microprocessor for high-speed processing.
	Security features to process magstripe or smart-card transactions and protect entry of PINs.
	Magnetic stripe card reader as well as a chip reader built into the device.
	Fast connection and high-speed modem.
	Communicates via GPRS modem, FastNet radio pad and normal telephone dial-up technology.
	Backlighting of graphic screen.
	Silent thermal printer capable of printing 18 lines per second.

Benefits

	EFT Smart+ is engineered for speed with a fast, silent printer. On-line authorisations are performed within a few seconds to make overall transaction times shorter
	Can be used with or without a separate PIN pad.
	Supports multiple applications on cards, eg credit, current or savings accounts on one card.
	Easy remote download of software offers up-to-date payment software from Nedbank.
	User friendly operation.

EFT 930 (Portable point-of-sale Device)

EFT930 is the latest device available for portable card acceptance.

Applications

	Restaurants		Auctions
	B&Bs		Hotel groups

Features

	GPRS.
	Light weight for easy portability, only 425 grams.
	Backlighting of all keys for increased visibility
	Long battery life of up to 120 transactions.
	USB port to allow input into other devices such as tills.
	Compliant with EMV CHIP technology.
	Bluetooth portable point-of-sale has an outdoor range of up to 60 metres. This range can be increased with additional relay pods
	Communications via GPRS, Bluetooth

Benefits

	Complete portability.
	Powerful processing capacity.
	Secure � tamper resistant, detective and responsive.
	Supports multiple applications on cards, eg debit and credit applications on a single merchant card.
	Reliable and easy-to-upgrade software.

iMPi (MOBILE PHONE)

Applications

	Mobile merchants, eg plumbers, electricians, painters, garden and pool service providers, pest control and direct sales organisations (eg Tupperware® sellers).
	B&Bs, lodges and camps in remote locations.
	Emergency backup for large merchants such as hotels and retailers.
	Schools, universities, exhibitions, markets and large events.
	Merchants in rural areas (buy-aid cards), on visiting rural areas.

Features

	Increased security. Each merchant has a unique version of iMPi on his/her mobile phone; this prevents software from being copied and used by unauthorised persons.
	Industry standard encryption technology to secure the transaction data for the end-to-end processes.
	Merchant has a choice between using GPRS (low cost) or SMS (universally available) as the carrier for each transaction when using the Java application option.
	Reconciliation facility.
	SMS transaction communication.

Benefits

	Software activated by PIN to make it more secure.
	Real-time processing.
	Hardware required: mobile phone and imprinter.
	Versatility of carrying a point-of-sale device on a mobile phone.
	Lowest transaction cost available in the market.

Iveri Link (Internet)

Particularly suitable for merchants who wish to accept credit cards as a method of payment via the internet or call centre but do not have their own website.

Applications

	Small call centres.
	New Internet merchants.
	Merchants with limited hardware - only a PC is required.

Features

	Any local and international MasterCard, Visa, American Express® Credit Cards and Diners Club International Cards can be accepted from any internet-connected computer.
	User friendly web interface.
	* No installation required.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Processing of credit card transactions from any computer regardless of the merchant’s location.
	Requires no integration.
	Real-time processing.
	Magnetic stripe reader or CHIP reader attached to the computer can feed into the Iveri link. This means your computer is effectively your point-of-sale device.
	Minimum staff training required for use.
	Full transaction history for the last six months and reconciliation reports.

Iveri Batch (Internet)

A credit card payment solution for merchants with bulk recurring payments that do not need to be processed in real-time. These merchants may operate in the physical store environment.

Applications

	Mobile network operators.
	Publishers.
	Parking concessionaires.
	Car hire companies.
	Mail order businesses.
	Insurance companies.

Features

	Any local and international MasterCard, Visa, American Express® Credit Cards and Diners Club International Cards can be accepted, subject to the functionality loaded on the merchant profile.
	Merchants create a text file in a specific format and upload it for processing via a secure website.
	Application to test the integrity of the data file.

Benefits

	View progress of the batch being processed at any time.
	Reports can be viewed, printed or downloaded on completion.

Secure internet solutions

3-D Secure is a service offering from the credit card associations. The two principal versions are ‘Verified by Visa’ and ‘SecureCode’ from MasterCard.

Features

	3-D Secure is designed to address the most pervasive fraud issue on internet-disputed transactions or‘chargebacks’. 3-D Secure reduces fraudulent purchases by verifying purchaser identity during online transactions.
	3-D refers to three domains, or areas of function responsibility: the Issuer domain, consisting of the cardissuing bank and the cardholder, the Acquirer domain with the merchant and acquiring bank, and the Interoperability domain, where the card associations link the other two domains together.

Benefits

A reduction in disputed transactions and chargebacks and their resulting financial expense.

Iveri Lite (Internet)

This isolution is fast to implement and is flexible solution for credit card acceptance for internet merchants with their own website.

Applications

Internet merchants with limited technical facilities and resources.

Features

	Accepts all local and international MasterCard, Visa, Diners and American Express credit and debit cards from an internet connected computer.
	Compatible with any operating system.
	User-friendly web interface.
	No installations required.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Processing of credit card transactions from any computer regardless of the merchant location.
	Optional email confirmations on completion of successful transactions.
	Requires little integration.
	Real-time processing.
	Full transaction history for the last six months and reconciliation reports.

Internet business solutions

This is an ideal solution for business-to-business (B2B) and business-to-consumer (B2C) merchants to accept credit card payments via medium to large call centres and websites.

Applications

	Airline operators.
	Telemarketing businesses.
	Car rental companies.
	Publishers.
	Parking concessionaires.
	Merchants with large call centres (level 3).
	Advanced data

Features

	Accepts all local and international MasterCard, Visa, American Express® Credit Cards and Diners ClubInternational Cards from an internet-connected computer.
	Compatible with any operating system.
	Requires integration and access to development resources.
	User-friendly web interface.
	No installations required.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Processing of credit card transactions from any computer regardless of the merchant location.
	Optional email confirmations on completion of successful transactions.
	Real-time processing.
	Merchant-driven (merchants can tailor the range of settings to suit business requirements).
	Full transaction history for the last six months and reconciliation reports.

Iveri Voice (Internet)

Suitable for mobile merchants who wish to accept credit cards through a phone line.

Applications

	Merchants making door-to-door sales.
	Cottage industries making sales from home.
	B&B.
	Mobile professionals without access to their own mobile phone.

Features

	Accepts all local and international MasterCard, Visa, Diners and American Express® credit cards from an internet connected computer.
	Obtain online credit card authorisation from a fixed line or mobile phone.
	Security features include verification of card transactions through international databases of lost, stolen and fraudulent cards.

Benefits

	Merchants with internet access can obtain reports, reconciliation and perform transactions online after processing.
	Transaction reports provided over the telephone.
	Allows for guaranteed payment in specific circumstances.
	Allows �card present� payments in specific circumstances.
	Flexibility and convenience, as wherever there is a telephone line merchants can accept credit cards.
	Real-time authorisations.

NIPS (Nedbank Integrated Payment Solutions)

This is for medium- to large-sized merchants who require an integrated solution to accept local and international credit cards for payment from customers for goods and services.

Applications

	Cellular network providers.
	Hotel group central reservations offices.
	Airlines.
	Supermarkets.
	Retailers.
	All multilane applications.

Features

	NIPS operates servers and workstations through Nedbank’s merchant network, allowing for integrated EFT transaction processing from a retail outlet to the bank.
	It provides online connection to the Card Authorisations and Settlements Division of Nedbank. It permits the online processing of card transactions through host-to-host communications and can process transactions with all major cards.
	NIPS is used for all preauthorisation, sale and refund.
	It can process card transactions on line via internet connectivity.

Benefits

	Same-day settlement value for Nedbank accountholders.
	Available 24 hours a day, seven days a week.
	Real-time transaction processing.
	Optional stand-in transacting is available.
	Quick implementation.
	Online authorisation and preauthorisation.

Nedbank Ltd Reg No 1951/000009/06. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).

Home : Legal Requirements : Glossary