Chip and PIN is reality today in some European countries and it is the future of all credit and debit cards. The chip is a silicon chip containing personal information about the card and its authorized user. To complete a transaction, the user must enter a 4-digit PIN number (Personal Identification Number).

Significantly reduction of costs of card transaction processing

Several acquiring banks integrated on the Pensio platform offering the retail shop, hotel or restaurant the lowest cost per transaction. Pensio has negotiated volume agreements with leading acquiring banks in Europe. The benefits from these agreements are offered directly to our customers. Typically the savings are in the range of 20-40%.

User-friendliness increases sales

By integrating to several acquiring banks in Europe and globally, merchants using the Pensio solution will meet customer demands by accepting numerous international and local cards. Customers may use their favorite credit card instead of being restrained to using only a few international cards. Research shows that revenue will improve when merchants accept several local and international cards.

Secure Payments

Payment is done directly from the acquiring bank to the merchant’s bank. Risk of payment is hence reduced to minimum. Pensio offers expedited payments to support strong flow of cash for our customers.

Pensio supports Dynamic Currency Conversion. When foreign guests travel with credit cards issued in their home currency, every time they are billed they wonder what price will appear on their card statement and what commissions they will have to pay. Directly connected to Pensio’s server, integrated Dynamic Currency Conversion allows customers to decide what currency to use with the favorite credit card removing insecurity about final price and commission.

The user-friendly Business Intelligence module

Pensio’s state of the art Information System offers intuitive, realtime visibility into transactions across the acquiring banks. Real time visibility into transactions across the acquiring banks provides the kind of overview and comfort you are looking for.

Option for integration to other administration modules

Pensio A/S has made it possible to integrate our payment system directly into your company’s financial system or other business applications – i.e. CRM system.

Pensio A/S has consultants to assist with the integration. All modules are supplied with full documentation of integration options, and all API are fully described and documented.

Contact Pensio A/S for further information

For further information about Pensio’s POS solution please contact us for a meeting.