Shoppers Stop has been using Plutus payment solution from Pine Labs for over 4 years now and are pleased with the performance of the solution.
Plutus Secure is another version of Plutus Desktop or Plutus Hub which connects to bank’s switch through broadband connection instead of regular telephone line hence making it a cheaper credit/debit card processing engine for merchants.
Key benefits:
- Reduction in operational costs – Plutus eliminates the need for slow and expensive dial up connections and makes use of LAN environment to do fast and low cost transactions. As it replaces EDC terminals merchant can avoid various telephone lines attached to the terminals and hence save on phone and rental amounts, call charges and equipment charges. Plutus on VSAT reduces these operational costs and increase the savings immensely specially for high transaction volume retail outlets.
- Speeding up transactions– Plutus, when compared to dial up connections on an EDC, takes only few seconds to complete a transaction. When integrated with a store’s billing application, Plutus exchanges card and transaction authorization information with the billing application in real time at Point of Sale. This eliminates cashier’s time spent in capturing card details and authorization code in billing application and enables him to cater more number of customers in less time during peak hours. Absence of EDC terminals and telephone lines provide less cluttered counter space to carry out faster transactions.
- No additional security requirement – Plutus has been certified by acquiring banks for accepting card payments on Visa, MasterCard, and American Express networks and complies with secure standards such as Visa CISP and EMV.