SECURITY
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Enclose • Protect • Secure<br />
SECTION 2: PROTECTING THE GOODS<br />
PayVue Illuminated Cash Drawer<br />
Innovative Design for Cash Handling in<br />
Low-Light Environments<br />
“PayVue has made it easier to<br />
monitor cash operations. My staff<br />
likes it because it helps them see what<br />
they are taking in and giving back.<br />
This has resulted in fewer shortages,<br />
and ultimately higher profit. It’s good<br />
for us all.”<br />
Ken Hoffman, Owner, Howard Street Inn<br />
Protecting the Goods<br />
SECTION 2: PROTECTING THE GOODS<br />
Physical Security is an element of the POS structure that has been<br />
embedded from the very beginning. The invention of the cash<br />
register was predicated upon the fact that storekeepers needed<br />
a way to protect their profits from being pilfered. Back then,<br />
storekeepers were attempting to protect their sales earnings from<br />
employees. Now, even though more than 34% of the $44B in retail<br />
theft in 2014 was due to employee theft (2015 NRF Retail Study),<br />
there are so many other “trackable” factors that contribute to profit<br />
loss, including shoplifting (37% of profit loss in 2014), vendor fraud<br />
(6.8% of shrinkage), administrative errors (16.5% of shrinkage), etc.<br />
All of these causes of shrinkage can be aided by an informed and<br />
trusted advisor, like an RSPA VAR. In this section, we’ll hear about<br />
the strategic journey of a major retailer, and, in an effort to hearken<br />
back to the old days of the first cash registers, learn how to help<br />
merchants get more of their earnings into their bank accounts.<br />
Merchant Link<br />
Payment Gateway<br />
Hosted, Processor-Neutral<br />
Gateway<br />
TransactionVault®<br />
Tokenization<br />
TransactionShield®<br />
Point-to-Point Encryption<br />
TransactionLink<br />
EMV Solution<br />
E-commerce Solutions<br />
Photos courtesy of Howard Street Inn, Niles, Illinois<br />
Pictured left to right: Ken Hoffman, Owner, Rebecca Ebert, Manager,<br />
Sergio Torres, Owner & POS Reseller, TEEPOS, Chicago, IL<br />
Only<br />
of Staff Responses to a loss<br />
prevention alarm is “meaningful”<br />
e.g. checking the receipt or<br />
identifying the product that<br />
triggered the alarm.<br />
Acquire Program<br />
Source: Hayes and Blackwood Study<br />
PayVue Improves:<br />
• Transaction Accuracy and Speed<br />
• Customer Service<br />
• Loss Prevention Management<br />
• Low-Light Ambiance<br />
Ideal for<br />
restaurants,<br />
bars and<br />
nightclubs<br />
Supermarkets and grocers lose<br />
the highest percentage of sales<br />
to shrink, seeing an average of<br />
3.23% evaporate, or 2.5 times<br />
more than the industry average.<br />
Source: Fortune Magazine<br />
There are many causes of shrinkage, in all verticals. For<br />
many of RSPA member customers—SMB merchants—<br />
they can ill afford the losses that shrinkage causes. If<br />
you’re not selling security options outside of the POS, in<br />
what ways can you start that overall security conversation<br />
with your customer? Should you be thinking about video<br />
surveillance options? Are there new mobile applications<br />
that allow them to monitor on-the-go?<br />
Trying to keep up in the<br />
changing world of payments<br />
can feel like another full-time<br />
job – adding new payment<br />
types, protecting cardholder<br />
data, complying with evolving<br />
PCI and security standards, all<br />
while trying to keep your costs<br />
under control. At Merchant<br />
Link, our goal is to remove the<br />
risk and hassle of payments so<br />
you can focus on your business.<br />
Contact us today to learn more<br />
866.853.3845<br />
www.merchantlink.com<br />
An ISO 9001 Certified Company<br />
www.mmfpos.com | 800.769.1954<br />
For more information visit: www.mmfpos.com,<br />
www.howardstreetinn.com and www.teepos.com<br />
www.GoRSPA.org<br />
connect 13