The Wincor Nixdorf eServices.EFT retail transaction processing platform provides complete card-handling services. Delivered using a fully outsourced shared services model, eServices.EFT handles charge, credit, debit, store, petroleum, loyalty, e-top-up and gift card processing from multiple issuers.

Steve Porter, Director for UK Services comments, "Switching to eServices.EFT removes a significant fixed IT cost from retailers, and replaces it with a variable fee based on volumes. This is a huge opportunity for retailers. They can now completely offload the hardware supply, service, maintenance, network and transaction processing tasks to eServices.EFT, allowing them to re-focus on the real challenges facing the retail sector."

For many retail groups, handling card transactions requires significant in-house IT investment. Systems, software and personnel are dedicated to providing an always-on capability, representing a high fixed cost to the business. Outsourcing non-core tasks, such as card transaction processing, to specialists is a fast-growing trend.

"No other processing provider is able to offer such a comprehensive service for retailers, from EPOS hardware, installation and support, the supply and support of latest-generation software, through to the provision of network connectivity and transaction processing from a single supplier. Outsourcing services to Wincor Nixdorf makes retailing just that bit easier," says Steve Porter.

The Wincor Nixdorf eServices.EFT solution is built on a tried-and-trusted software foundation that is able to capture a very wide range of card transactions, and is scalable and highly flexible. With banks and card-issuers insisting on greater anti-fraud security, the eServices.EFT solution is fully PCI DSS compliant, solving a major headache for retailers struggling to meet the standard.

PCI DSS stands for Payment Card Industry Data Security Standard. It was developed by the major credit card companies as a guideline to help organisations that process card payments prevent credit card fraud, hacking and various other security vulnerabilities and threats. Companies processing, storing or transmitting payment card data must be PCI DSS compliant or risk losing their ability to process credit card payments and being audited or fined.

"As in so many sectors, retailers are discovering the benefits of shifting non-core activities to experts. With eServices.EFT, Wincor Nixdorf is now able to provide a complete, fully PCI DSS compliant, retailing service," concludes Steve Porter.