GPUG ® Summit 2011 November 8-11 Caesars Palace – Las Vegas, NV Advantages of having integrated ePayments and eCommerce By Fauwaz Hussain Nodus Technologies Inc.
Dec 15, 2015
GPUG® Summit 2011November 8-11
Caesars Palace – Las Vegas, NV
Advantages of having integrated ePayments
and eCommerceBy Fauwaz Hussain
Nodus Technologies Inc.
GPUG Summit 2011– Las Vegas www.gpug.com
Agenda
Introduction Integrated Solutions Nodus Automated SOP and Payment
Solutions Nodus Advantage What is PCI-DSS? How Nodus can help achieve PCI?
GPUG Summit 2011– Las Vegas www.gpug.com
Nodus Technologies, Inc.
Fauwaz HussainChannel Sales Manager
[email protected] x239
GPUG Summit 2011– Las Vegas www.gpug.com
Started since 2002, Nodus is the leader in ePayment & Business Process Automation in the Microsoft Dynamics GP Market.
Focus on automating SOP and Payment Collections for superior Order-to-Cash performance.
1,000+ Customers globally PA-DSS Certified Credit Card payment application
seamlessly integrated with Dynamics GP for PCI Compliant.
Nodus Technologies, Inc.Nodus Technologies, Inc.
Microsoft® Gold Certified ISV (Independent Software Vendor)
GPUG Summit 2011– Las Vegas www.gpug.com
Integrated Solutions
Applications Integrated Directly with Financial or Accounting Systems
Integrated Credit Card Processing Applications, e.g. Credit Card Advantage
Extending Integrated Solutions to Internet– Integrated eCommerce Solutions, e.g. eStore
Solution Stack– Integrated Online Bill Payments, e.g. ePay
Advantage
GPUG Summit 2011– Las Vegas www.gpug.com
Benefits of Integrated ePayment Solutions
Reduce Processing Time Reduce Errors in Double Data Entry Allow Automation of Recurring
Transactions Improve Reporting and Reconciliation Simplify Administrative Tasks Can Be Fast, Secure, Reliable and Meet
PCI compliance– Reduction of Chargebacks; Fraudulent
Charges; Cost of Processing
GPUG Summit 2011– Las Vegas www.gpug.com
End-Results
Save Money, Improve Operation Efficiency! Cost per Payment using a Paper Check is
$2.60 – Study Done by NACHA (National Automated
Clearing House Association) Indirect cost per payment including
dispute resolution can be between $10 to $20– The Institute of Management & Analysis and
Gartner Group’s Benchmark Studies
GPUG Summit 2011– Las Vegas www.gpug.com
Benefits of Integrated eCommerce
Sales Order Directly Integrated, Reduce Extra SOP Data Entry
Real-Time Synchronization of Inventory Pricing and Tax Management in Sync with
Financial System Track Online/Offline Customer Information Improve Fulfillment Process Allow Effective Procument Automation
GPUG Summit 2011– Las Vegas www.gpug.com
End-Results
Better Inventory Management Better Customer Care Improve Financial Visibility Know What are Selling in Near Real-Time Reduce Cost Improve Competitive Position
GPUG Summit 2011– Las Vegas www.gpug.com
Nodus Integrated Solutions
Focus on SOP and ePayments• For MOTO, or Call Center Electronic Payments Collection Credit Card Advantage & CRM Charge
• For No-touch Enterprise e-Commerce SOP
eStore Solution Stack
• For B2C & B2B Online Bill Pay
ePay Advantage
• For Sales Order Entry Anywhere, Anytime
eSOP Advantage
• Gateway and Merchant Account Services
Reduce Hassle and Cost Saving
GPUG Summit 2011– Las Vegas www.gpug.com
Nodus Technologies, Inc.Integrate and Automate e-payment and
eCommerce Business Processes
GPUG Summit 2011– Las Vegas www.gpug.com
Nodus Advantage
Nodus Ties ePayment from Different Sources Together with Dynamics GP
Allow Organizations to Automate ePayment and eCommerce Processes Seamlessly with Dynamics GP
Commitment to Meet the Most Stringent PCI Data Security Standard
One Stop Shop for ePayment Applications and Services to Save Time and Money
GPUG Summit 2011– Las Vegas www.gpug.com
WHAT IS PCI DSS?
Payment Card Industry Data Security Standard
Multi-faceted Security Guidelines including,– Policies & Procedures– Network Infrastructure– Application Software Design – Other Critical Protective Measures
Mandate Organizations to Protect Sensitive Customer Data
GPUG Summit 2011– Las Vegas www.gpug.com
On Premise Option
Customer Can Store Sensitive Credit Card Information on Premise – Company Data Security Policy– IT Infrastructure Must be Secured – Quarterly Vulnerability Scanning of External IP
Addresses– All Sensitive Credit Card Data Must be
Encrypted with Split Key Control and Encryption Key Rotation Management
– Data Access Control – Provide Audit Trail
GPUG Summit 2011– Las Vegas www.gpug.com
Off-Premise Option
New Payment Industry Technology – Tokenization No Credit Card Number Stored at Enterprise
Application Databases Replace Credit Card Numbers with “Tokens” of No
Intrinsic Value Store Sensitive Credit Card Data in Off-site,
Centralized and Secure Data Vault Key Management, Key Rotation Processes
Performed Outside of Enterprise Reduce Merchants IT Infrastructure Cost and
Scope of PCI Compliance
GPUG Summit 2011– Las Vegas www.gpug.com
Why Nodus Solutions?
Nodus is the Leader of Integrated ePayment, eCommerce Application Provider in Dynamics GP Market
Unmatched Domain Expertise in ePayment within MBS Market
Committed to Meeting Most Stringent PCI Data Security Standards
Offer On-Site/Off-site Choices for Sensitive Credit Card Information Management
The Only One-Stop Shop for Payment and Services in Microsoft MBS Market
GPUG Summit 2011– Las Vegas www.gpug.com
GPUG Summit 2011– Las Vegas www.gpug.com
On-Site/Off-Site Comparison
ENCRYPTION TOKENIZATION
• Encrypt Credit Card sensitive data according to best practice
• Replace credit card sensitive data with “Token”
• Multisystem – Each requires encryption • Credit card Data storage in off-site vault
• Data stored on site, require key management and rotation
• Token can be used as surrogate of the original credit card number
• Higher IT infrastructure cost to protect data security
• Encryption, Key rotation and management occur at off-site secured data vault (PCI compliance off-site facility)
• If compromised, still vulnerable to data security breach
• Tokens are useless – cannot be traced to credit card holder information unless paired with data at off-site vault
• Higher Cost/Scope of PCI compliance • More secure, Reduce Cost/Scope of PCI compliance