Prism Payment Technologies

Prism Payment Technologies

VeriFone VIP Vendor Forum

Athens 10th – 11th May2006

Llewellyn Walters

Group Sales Director - Prism Holdings

P Agenda

Prism – A short historyThe markets that we addressThe evolution of FlexiLANEWhat we had to work with… The solution that we built FlexiLANE roadmap How can this benefit you?Questions and answers

Prism – A short history

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Prism Early Days – 1994 to 1997

Started in 1994 as a buy-out of a payment switching business.

By 1997 had office locations;

• Fourways, Sandton (Head office) and Wynberg, Cape Town (Hardware and Software Development)

Staff complement;

• 15 in Johannesburg and 17 in Cape Town

• Comprising 80% software development and general engineering personnel

5

Company Milestones

2000…Acquire VeriFone South Africa

1999…• Acquire Prism TranSwitch Services (PTSS / EasyPay). • Prism lists on JSE.

1994…Prism founded as a result of a Management buy-out of Linkdata.

1998… • Sign up as VeriFone VIP.

• Buy chip card plant from TEMSA.

2001…• Acquire SMG from Nanoteq. • Expand operations into APAC and set up offices in KL.

2003…• BEE deal with Gijima Technologies (EasyPay empowered).

• Awarded honourable mention in TT100 programme.

2004…• Prism fastest growing VIP.

• Prism turns 10.

• Sign 10-year development agreement with Nasdaq-listed Radiant Systems, Inc

• Awarded 1st place for VTU in TT100 programme.

1994 1998 1999 2001 2003 2004

2005…• Prism Black empowered via MIC.

• Win IDC award for creativity in technology development.

• First in Africa to achieve FIPS 140-2 certification.

•Awarded 1st place for TSM410 in TT100.

2005

6

Prism Today - 2006

Turnover : $ 60m , Staff complement : 286

• 75% still software development and engineering support personnel

Currently being acquired by NASDAQ listed Net1UEPS (UEPS)

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11

7

Prism Today – 2006 cont

Fourways – Head Office Administration Terminal Development Wireless DevelopmentCape Town Rondebosch – EasyPay Switch and VAS Operations Wetton – Development, Support and Repair FacilitiesDurban – Crypto Hardware and Software DevelopmentSprings – Smart Card Production PlantAsia – Sales and OPT Production officesUK and Europe satellite representation

P The markets that we address

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The markets that we address Banking

• ABSA Bank (Barclays PLC)• BankServ • Barclays Bank PLC • First National Bank • Kenya Commercial Bank• Mercantile Bank of Lisbon • Nedcor • Rennies Bank • Stanbic • Standard Bank

Telecommunications• Axalto • Celcom • Giesecke & Devrient • Infineon • Marconi Communications • MTN Group• Oberthur • Smart Communications • Telkom • Vodacom

Retail• Clicks • Edcon Group • Makro • Pick ‘n Pay Group • Shoprite Holdings

Petroleum• BP • Caltex • Radiant Systems Inc.• Shell• Tas ‘Helat • Total

Utilities• Eskom • Various SA Local authorities • PayShop

Other• South African Post Office• DHL

The evolution of the FlexiLANE

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PPS Requirement History - Asia

Petroleum Client with Prism OPT and 3rd party POS

• full payment server – Prism Payment Server is born

• switch integration

• full OPT and POS integration

• existing magnetic stripe debit/credit acceptance

• MEPS PMPC acceptance

Timing estimates• January 2000 - commence development• August 2000 - implementation

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PPS Requirement History – SA Client

Shoprite - 2001 Need for a payment gateway for Large Multi-lane Retailer Supported Integrated ECR / PIN pad devices DOS based ECR’s Store Server Integration Value Added Gateway Application Server Remote device and server management - Netmons

Prism offered: Linux and Java based technology 3 tier Security approach Open Standards approach

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PPS Requirement History cont

Integration into non-bank switch – EasyPay Support for Bull Vendstar POS Electricity vending for ESCOM – National Electricity Supply Migration to VeriFone PIN pads – thick client Bill Payment Phone top-up – fixed line and cellular operators (currently 4) Gift Vouchers / Gift Cards Private Label Card Schemes Upgrade from DOS to Windows ECR / Store server Integration into embedded 3rd party solutions – POSTEC EMV upgrade

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Specific requirement : Petroleum

We had rolled out terminals into a major Petro group in SA, and had seen the problems faced by the merchants:• Reconcilliation of daily totals : Bank control• Payment problems• Site-wise velocity checking• General lack of control• Speed of VAS implementations• Multi merchant views• Payment device portability• Convenience store integration• Electronic backup• Etc…

• When we investigated further, we realised that we had all the components for the perfect solution , made easier by :

– Verix and portability to VerixV– VeriFone introduction of WiFi.

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What we had to work with ….

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Multi-Lane Payment Server

• Enabling merchants to maximise the benefits associated with adopting a retail-automation strategy.

• Seamlessly integrating with industry standard transaction security technology.

• Enables the merchant to handle all major payment tokens, accepted via a myriad of devices, for a host of different transaction types.

• Small software footprint allowing it to co-exist on legacy POS/Site Server infrastructure

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FlexiGATE

• A Central Host that supports:– FlexiLANE platforms– Stand Alone VeriFone POS terminals

• Terminal Management– Hotcard management– BIN management– Terminal parameter / configuration

• Transaction Logging• Interface to Switch or Bank Host• Pushes FlexiVIEW heartbeat messages to

FlexiVIEW server• Value Added Services routing

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FlexiGATE / FlexiLANE – Thick Client

TCP/IPRS422/ WiFi

Server Detail

Server Detail

FlexiLANE SolutionsArchitecture: High End Service

Pump Controller

SITE/ STORE SERVER

RS 485IFSF

TCP/IP

*POSTEC*POSTEC & VAGAS EMBEDDED

*Config Management*Key Management*Logging*Recon,Settlement*Device Monitoring and control

NETMONMonitoring

GUI

ALTOSFleet

TSM 220

NETMONMonitoring

SoftwareManager

ConfigManager

KeyManagement

DeviceControl

RS485

FlexiGATE

VCS410

BINSdBase

MessageHandler VAGAS

CAS

FlexiGATEMonitor

ConfigManager

VersionControl

DownloadManager

DeviceManager

TCP/IPRS422/ WiFi

BANK

PINPad

ECR

ECR

Bridge

PINPad

SWITCH

PRISM OPT

WiFi HUB

POS WiFiPortable

WebConfigTool

PINPad

Database

FlexiLANE

FlexiLANE – a Software Solution

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Components for Forecourt / C-Store

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The Bigger Picture - FlexiLANE

• Forms an interfacing and concentration layer

• Ability to interface with various payment and VAS devices simultaneously

• Contains a fully-fledged EFT processing engine

• Architectural flexibility

Oil Company

EasyPay

C-StoreTerminal

Dev

ice

Man

agem

ent &

Dow

nloa

ds

Mon

itorin

g &

Rep

ort d

ata

TCP/IPISO 8583

Acquirer

File Transfers

File and SiteManagement

Bank

Config &Monitoring

FuelStationSystem

WiFiTerminal

GPRSAPN

GPRSantennae

* EmbeddedFlexiLANE

Acquiring Bank

FlexiGATE

Settlement& Recon

TCP/IPXML

*

Hotcard filesBIN files

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The solution that we built

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FlexiGATE / FlexiLANE Thin Client

POS Aggregatorand Network Hub

Server Detail

FlexiLANE SolutionsArchitecture: Low End Service

Pump Controller

SITE/ STORE SERVER

*Config Management*Key Management*Logging*Recon,Settlement*Device Monitoring and control

NETMONMonitoring

GUI

FlexiGATE

VCS410

BINSdBase

MessageHandler VAGAS

CAS

FlexiGATEMonitor

ConfigManager

VersionControl

DownloadManager

DeviceManager

BANK

SWITCH

Vx610 WiFiPortable

WebConfigTool

FlexiLANEVeriFonePOS devices

File Transfer

OnlineTransactions/Message

RouterFlexiLANEStandaloneTerminalTransactionProcessor

0600 versionmessageprocessor

External GPRSModemorX25 Modem

Internal Wi Ficard, 3 IP and 1RS232 ports

VX510Ethernet

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FlexiLANE Menu of Services

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FlexiLANE Server- Specification

Hardware Description 2.5” HHD - IDE UltraDMA-33 controller – 40Gb HHD (scalable) Microprocessor - 266 Mhz 586 class Geode single chip processor Memory - 128 Mbytes SDRAM External Ports - Three 10/100 Mbit Ethernet ports, 1 RS232 port USB 1.1 external interface Internal Slots - Slot for solid state Compactflash storage Low power 3.3V PCI slot Slot for miniPCI type II board 2 x RS485 serial ports Wireless Modem -Internal Local Area Wireless WiFi card 802.11b

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FlexiLANE - Specification

Software Description

Base firmware modules and database for FlexiLANE payment engine• Linux Mandrake 10.0 distribution • Linux kernel version 2.6.11.3, modified to accommodate

hardware.• Apache 2.0.54• MySQL database version 4.0.20• PHP version 4• Java JRE 1.4.2

Prism supplied EFT payment engine Prism supplied thin client software / API for Vx and SC5000

platforms Key injection tools

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FlexiLANE – Prism Toolkit

Software Description

Prism supplied thin client software / API for Vx and SC5000 platforms

Key injection tools Message interface specification to support host development

• SDK for this on roadmap as future deliverable.

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FlexiLANE

Scaleable for use in any merchant which has 2 or more devices

Use in Retail, Hospitality, Multi-merchant and Petroleum locations

Support for RS232,485,422 and TCP/IP based POS devices• VeriFone Omni3750, Vx devices• VeriFone SC5000 PIN pad• Prism OPT

Slim-line version• Combined POS aggregator and Network hub for smaller locations

• IFSF Support

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FlexiVIEW

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FlexiVIEW Monitor

Features and Benefits

• Asset management

• Monitors POS estate

•By region or as required

•Software versions

•Hardware types

•Used by

•Client Business & IT

•Support teams, etc.

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FlexiVIEW Monitor cont


•Dashboard monitor

•Country

•Regional

•Merchant location

•Customised alert parameters

•Create reports on demand

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FlexiVIEW Monitor cont


•ECR / POS lane view

•VAS network interfaces

•Host interfaces

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Some pictures

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Merchant Counter Clutter!

*Special thanks to our Greek VIP counterpart PRINTEC

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Site Pictures – Vx610 WiFi

An open and shut case for Vx610’s!

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Site Pictures – Vx510 Ethernet

Versatile use of Vx510 Ethernet

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Site Pictures : FlexiLANE components

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Strategic roadmap

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FlexiGATE

FlexiPOSTM

• Device Management• Single Point of Service• Portable Terminals• Dr & Cr & EMV Capable

Omni & Vx

2.01 FlexiLANETM

• Support “Old” Thick client WiFi terminals as a Communications hub.

• Terminal BINs, SAF via existing Terminal Gateway

• Support for Thin or Thick SC5000 and Vx510 / 610 terminals

•FOCUS ON THIN CLIENT THEREAFTER

• FlexiVIEW (Netmons) as per currently deployed

• No additional validation of transactions processed via the platform

• Routing and logging only

• Can support SAF

• No stand alone terminal viewing via FlexiVIEW yet

Value Added Services

• WiFi• Vx610• Portability• Debit Cards

Strategic Roadmap – FlexiLANE 2.01

Q4 2005up to Q3 2005

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2.01 FlexiLANETM

New Value Added Services


Q4 2005

2.02 FlexiLANETM Q2 2006

• Multi Client / Multi Merchant support

• Can have Crypto if required – 3 tier for off-line payment schemes

• File management and Terminal Management via common web based GUI’s

• ECR integrated devices / prompt for ECR lane

• Retail and Petroleum marketplace supported

• Transactional view per client

• Can have additional transaction validation by BIN and Velocity checking

• STAND IN capabilities

• Bed down the customer specific requirements

• Expose technology to VIP’s as a potential channel

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2.02 FlexiLANETM


Q2 2006

2.03 FlexiLANETM Q1 2007

• Stand Alone Omni and Vx device support via FlexiGATE / FlexiVIEW GUI’s

• Support for VAS Risk Management

• Other VAS supported

•Bill Payment

•Card based Gift Voucher

• SAF – Pass through mode

• Reconciliation and settlement

• Pump Interface for POSTEC, PEC (Shell SA specific now)and ANOTHER

• Support other Prism Payment products via FlexiVIEW for monitoring only

• Installation and Configuration Wizards

• Performance Measurement and Tuning

• SDK for Source and Sync node development by 3rd party developer

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What are the benefits to you?

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Benefits to you, the VIP…

This solution drives device sales – big time!• .. And not just one device type, Vx, SC, and OPT can integrate.

It’s the neatest solution for any site that has more than 2 devices, and the real beauty to the merchant is:• RECONCILLIATION – LIKE THEY’VE NEVER EXPERIENCED!• Our competitors don’t have anything like it….the software is the

differentiator..

Prism will license the software components to the VIP and have made available the API for the thin client….

Prism will sell the FlexiLANE server to you.

Its ready and demonstrable, right here.

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Questions & Answers

Thank you!

Demonstrations available…

Documents

Prism Payment Technologies