IC-vario: a smart combination of EC direct debit and electronic cash systems
IC-vario offers you double security: InterCards smart payment scheme combines the advantages of the EC direct debit and electronic cash systems. As a result: EC/Girocard card payment refusals kept to a minimum and costing significantly less than with just the EC cash procedure.
With IC-vario, your clients literally pay on the basis of their name, i.e., primarily with their signature. This is because the main feature of this hybrid system is an online-based electronic direct debit system, which we at InterCard have further developed. Its specific feature is that we perform the risk check on your clients debit card/girocard payments in place of the banks. As an additional service, you can cost-effectively insure yourself against loss of sales through our factoring scheme. On the few exceptional occasions that we refuse to assume a risk, IC-vario automatically takes on the risk. Your clients debit card/girocard payments are thus guaranteed via the PIN-based electronic cash procedure.
Most debit cards are fitted with a chip. This can be loaded with up to 200 euro and then be used to make payments for small amounts.
In order to be able to offer this payment method, the merchant requires a chip card terminal fitted with a cash card function. A card known as a merchant card, which is issued by the relevant house bank, is also required.
The payment process takes place offline: the amount of the payment is deducted from the balance on the chip. The card-issuing institution guarantees the payment (authorisation fees). For the payment process, the financial institution charges a fee of 0.3% of the transaction amount with a minimum of 0.01 euro.
By using the InterCard credit card acceptance scheme for Mastercard, Visa, Diners Club/ Discover, JCB and UnionPay International, you offer clients an easy and secure payment scheme and, in addition, you increase your revenue!
Studies show that credit card holders tend to make spur-of-the-moment purchases and also spend more on average. Clients love and appreciate the new freedom to decide for themselves how they pay. And the best thing is that satisfied clients come back for more! This enhances your good reputation and sales.
InterCard is one of the leading network operators and service providers offering payments with ec cards, credit cards, and gift cards, in particular for customer-centred processes on top of off-the-shelf solutions, from payment settlement risk management to receivables management.
Our customers include companies in all segments of the retail trade, the service industry, and the catering sector. They have confidence in our proprietary IC vario process, which includes factoring, and they appreciate our extremely low point-of-sale (POS) rejection rates.
InterCard owns independent licenses of Mastercard, Visa, Diners Club, Discover, JCB and UnionPay. Thus, InterCard offers the acquiring for transactions of all current schemes from a single source.
As a payment service provider, InterCard offers InterCard Secure Payment, an e-payment solution for cashless electronic payments for online and phone/mail order transactions. With more than 50 different national and international payment schemes and innovative solutions, we offer a comprehensive range of services, which meet all the requirements of modern payment management.
InterCard is a payment institution under the Payment Services Supervision Act (ZAG).
How does this benefit you as our customer? We offer the highest security and reliability in card payment processing, combined with cost savings.