Our SugaPay payment solution consists of the SugaCube mPOS Capture System and our SugaPay Reloadable Card. SugaPay is a payment system designed and powered by Global Processing Centre, Ltd. (GPC) and is intended to serve as an enabler for financial institutions to operate a low cost but secure and convenient financial eco-system and payment architecture for the delivery and capture of payments.
THE DETAILS SugaCube Merchant Benefits
SugaPay Cardholder Benefits
• Highly Secure This mobile terminal meets international standards required to capture card payment details (completely PCI-DSS compliant). Known as the SugaCube, it is a mobile point-of-sale (POS) terminal, with secure authentication protocols which ensure that no card details are stored on the mobile device. The transactions are processed by Global Processing Centre (GPC), which is located on Old Parham Road and is also fully PCI-DSS certified. With an acquiring bank’s approval, GPC can also allow the terminal to accept card association brands like Visa and process their transactions via its certified gateway.
• Safer Than Cash Remove the safety issues associated with keeping too much cash around. Load your card for use either via a participating bank or at the growing number of acceptance outlets and avoid the hassle of finding exact change or accumulating mountains of coins that may fall by the way-side.
• Lowest Cost POS There is no lower cost method of accepting Electronic Financial Transaction (EFT) payments in the region. Technically, all you need to conduct merchant processing is a (data enabled) mobile device and our SugaCUBE terminal device system to start accepting payments. • Unrivaled Mobility Accept payments anywhere – at the table, by the poolside, on a boat – and at anytime. No longer do merchant sales need to be tied to your desk or cash register. Great for island wide sale services and tourism services on land and sea. Bring greater value and mobile payment convenience to your business with a SugaCube. • Quick Settlement Successful SugaPay transactions completed on the SugaCube system are settled daily to your SugaPay account and easily monitored with online or mobile access. Your funds can be readily transferred to your bank or creidt union as needed. All transactions are operated on a “good funds model” so there is no opportunity for the transaction to be returned for lack of sufficient funds.
• Available to Everyone There are no credit checks necessary to obtain a card, as the system operates as a “good funds” model with the value stored on the card, and you can monitor the balance on your mobile phone and make payments just as easily as a cash wallet with participating merchants and to other SugaPay account holders. • Manage Your Funds Online or on your Mobile Device At your option, you may associate your card, via an app, with your mobile phone and/or an online portal designed for the selfmanagement of this and other accounts. This Cardholder Portal allows you to view balance information, transaction activity, transfer value and much more. • Fraud and Anti-Theft Protective Tools Password protect your account and utilize our PIN based security service to ensure that only you have access to your card activities. You can even add the option of receiving alerts by email or SMS for each and every transaction so you know at all times exactly when your card is being used. In the event of losing your card or experiencing some unforeseen issue with your account, you have the comfort of knowing that the card is not connected to your main bank or credit union account, and financial liability cannot be more than the stored value.
Contact Us for more information at 562-6133 or visit our Old Parham Road office, upstairs Global Bank of Commerce www.sugapay.com facebook.com/sugapay
48 48 || BusinessFocus BusinessFocus •• July/September July/September 2014 2014