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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

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