Verifone PCCharge and PAYWare End of Life Announcement
Verifone announced the discontinuance of the PCCharge and PAYWare credit card processing software titles in 2015. All development, orders, and shipments have been discontinued. Late last year, Verifone also ceased all support of the products.
The reason for the end-of-life of these popular products was due to legacy technology and their lack of security. These products were on-premise installed software that acted as a middleware between many applications and the credit card processor. They put merchants at risk of a hacker attack by storing credit card cardholder information locally on merchant computers. Merchants would be liable for any losses that occur if their local environment is compromised and these credit card numbers are stolen.
How To Protect Your Business
There are a large number of businesses still running versions of PCCharge and PAYWare today. It is extremely important to cease using these products immediately and switch to a newer solution for your credit card processing and merchant service needs
The Nodus PayFabric payment processing gateway can be used to replace PCCharge or PAYWare with minimal interruption to your business. PayFabric is a cloud-based solution that removes local storage of credit cards and places them in the off-premise secure Nodus cloud. Credit card information is further safe-guarded by encrypting cardholder information and tokenizing the stored information.
Nodus PayFabric is already integrated to many ERP, CRM and business line software solutions. Nodus has been the payment solution for Microsoft Dynamics accounting systems for over 14 years. In addition to providing a secure credit card processing solution, Nodus payment solutions integrate with your accounting system to automate accounting entries, provide lowest rates for B2B transactions, and get you paid faster by automating A/R.
For more information on how to upgrade your Verifone PCCharge or PAYWare software to PCI compliant credit card processing software, please visit http://www.nodus.com or call us at 909-482-4701.
Posted on November 4, 2016, in Credit Card Processing, Educational, PCI Compliance and tagged Accounts Receivables, credit card fraud, credit cards, ePayment, merchants, middleware, new release, Nodus, PayFabric, payment processing, PCI Compliance, PCI DSS, security, software, Tokenization, transactions. Bookmark the permalink. Leave a comment.