NCR Silver

Last updated

NCR Silver is a tablet-based point-of-sale system sold by NCR. The system was created in 2012 to target the small business market. [1]

Contents

NCR Silver is an app available on iOS devices such as iPad and iPhone. It's also available on a closed Android point-of-sale (POS) system called Silver Register. Free to download, restaurateurs and retailers pay a monthly subscription fee that includes features such as integrated loyalty, email marketing, [2] reporting, live support and more.

NCR Silver products and services

In addition to POS apps, NCR Silver offers services, hardware and third-party software add-on choices. As credit processing is needed to take card payments, NCR Silver allows merchants to choose their own payment processor.

In 2016, NCR Silver launched live 24/7 customer support, POS back office set-up, and monthly menu maintenance as part of an ongoing effort to transition into an "added-value services provider." [3]

Hardware offered includes credit card readers, EMV chip readers, wireless printer, barcode scanner, integrated scale and more. The system also integrates with various third-party software providers including QuickBooks, Xero, and LevelUp.

Related Research Articles

NCR Corporation Company

NCR Corporation, previously known as National Cash Register, is an American software, managed and professional services, consulting and technology company that also makes self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners. NCR had been based in Dayton, Ohio, starting in 1884, but in June 2009 the company sold most of the Dayton properties and moved its headquarters to the Atlanta metropolitan area in unincorporated Gwinnett County, Georgia, near Duluth. In early January 2018, the new NCR Global Headquarters opened in Midtown Atlanta near Technology Square.

Point of sale

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer, and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically.

Electronic cash was until 2007 the debit card system of the German Banking Industry Committee, the association which represents the top German financial interest groups. Usually paired with a transaction account or current account, cards with an Electronic Cash logo were only handed out by proper credit institutions. An electronic card payment was generally made by the card owner entering their PIN at a so-called EFT-POS-terminal (Electronic-Funds-Transfer-Terminal). The name "EC" originally comes from the unified European checking system Eurocheque. Comparable debit card systems are Maestro and Visa Electron. Banks and credit institutions who issued these cards often paired EC debit cards with Maestro functionality. These combined cards, recognizable by an additional Maestro logo, were referred to as "EC/Maestro cards".

Verifone is an American multinational corporation headquartered in Coral Springs, Florida, that provides technology for electronic payment transactions and value-added services at the point-of-sale. Verifone sells merchant-operated, consumer-facing and self-service payment systems to the financial, retail, hospitality, petroleum, government and healthcare industries. The company's products consist of POS electronic payment devices that run its own operating systems, security and encryption software, and certified payment software, and that are designed for both consumer-facing and unattended environments.

NETS (company)

Network for Electronic Transfers or more commonly known as NETS; is a Singaporean electronic payment service provider founded in 1985 by a consortium of local banks to establish the debit network and drive the adoption of electronic payments in Singapore. It is owned by DBS Bank, OCBC Bank and United Overseas Bank (UOB).

Moneris is Canada's largest financial technology company that specializes in payment processing.

Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton, New Jersey. An acquisition by Global Payments, expected to be worth $3.8 billion or $4.3 billion. was finalized on April 25, 2016.

Euronet Worldwide

Euronet Worldwide is an American-headquartered worldwide provider of electronic payment services with headquarters in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, currency exchange and other electronic financial services and payments software. Among others, it provides the prepaid subsidiaries Transact, PaySpot, e-pay, Movilcarga, TeleRecarga and ATX.

Payment terminal

A payment terminal, also known as a Point of Sale (POS) terminal, credit card terminal, EFTPOS terminal, is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad for entering PIN, a screen, a means of capturing information from payments cards and a network connection to access the payment network for authorization.

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools.

Square, Inc. is an American financial services and digital payments company based in San Francisco, California. The company was founded in 2009 by Jack Dorsey and Jim McKelvey and launched its first platform in 2010. It has been traded as a public company on the New York Stock Exchange since November 2015 with the ticker symbol SQ.

Chase Paymentech

Chase Paymentech is the payment processing and merchant acquiring business of JPMorgan Chase. Paymentech payment platforms support businesses of all sizes to process payments, including credit, debit, and digital, alternative, and mobile payment options. Paymentech can authorize payment transactions in more than 130 currencies. The company also provides business analytics, payment fraud detection, and data security solutions.

Revel Systems

Revel Systems is an iPad-based point of sale system co-founded by Lisa Falzone and Christopher Ciabarra. It is now majority owned by private equity firm Welsh, Carson, Anderson & Stowe.

Imonggo is a free Cloud-based POS for small businesses. Released by international tech company Movmento Pte. Ltd. in 2009, it was the first free web-based POS system available for small business. Imonggo can be used on macOS as it is configured for Safari and also supports all other major Internet browsers such as Internet Explorer, Firefox, and Google Chrome.

Payanywhere is a payments platform and app that allows merchants in the United States to accept credit and debit card payments while building customer relationships in-store, online, or on the go. Merchants may accept payments on their smartphone via a Bluetooth card reader or on an in-store “Storefront” solution featuring a tablet and stand, which was introduced on April 8, 2014. PayAnywhere offers credit card readers and apps that are compatible with both Apple and Android devices.

Zettle Swedish financial technology company

Zettle is a Swedish financial technology company founded by Jacob de Geer and Magnus Nilsson in April 2010, and is now owned by PayPal. Launching its first app and service in 2011, the company offers a range of financial products including payments, point of sales, funding and partners applications.

I Love Velvet is a global provider of hardware and software for mobile point of sale (mPOS) transactions and value-added retail services. I Love Velvet manufactures and sells merchant-operated, consumer-facing and self-service mPOS systems to the entertainment, retail, hospitality, and automotive industries.

Comparison of payment systems is a list displaying comparative information and fee rates on various payment systems. Information such as these are compared and shown: seller's/merchant's fees, buyer's fees, banking transfer fees, clearing-house fees, interchange fees, chargeback/return fees, currency conversion fees, monthly fees, usage, verification time, deposit time, technology support, customer-service quality, etc.

SumUp

SumUp is a mobile payments company headquartered in London, United Kingdom.

talech

talech is an American cloud-based software company based in Palo Alto, California. The company makes software that is at the centre of point of sale systems for restaurants, bars, retail outlets and professional services. The software runs on the iOS and Android operating systems and functions on iPads and a variety of Android hardware devices.

References

  1. NCR Silver brings breakthrough technology, competitive edge to small businesses
  2. "Evolved Platform of Email Marketing". 10 December 2013.
  3. "Reuters". Archived from the original on 2016-04-18.

NCR Small Business launches NCR Silver Concierge program.