DX8000 Ingenico Axium Portable Terminal

Product Information

Specifications

• Program Name: Installments Enabled by
  Visa

• Documentation Version: 1.0

• Documentation Date: April 30, 2024

Product Description and Availability

Installments Enabled by Visa is a credit card-based program that
allows customers to pay for their purchases over installment terms.
This Buy Now Pay Later (BNPL) product provides consumers with an
additional payment option. It is available on the P400 POSPad,
direct to host versions Go products DX8000 and EX8000, and will
soon include P400 cloud version and Go products A920 and A35.

How this Program Works

Buy Now, Pay Later:

• Customers can pay for goods and services in equal monthly
  installments using the available credit on their card.

• No credit check is required.

Tenure Options:

• The installment plan can range from 3 to 48 months.
• Available on a monthly basis.

Card Brand Participants: Visa, Mastercard

Issuer Participants: CIBC, RBC, Scotiabank,
Desjardins (Coming soon: BMO, TD, Credit unions)

Product Availability:

• eCommerce: Gateway API, Moneris Checkout
  (MCO)

• In-Store: P400 POSPad, Ingenico EX8000 and
  DX8000, Pax A920 and A35 (Coming Soon)

User Experience

The program offers a simple checkout flow, no new credit
approval required, and works with eligible cardholders. It helps
increase sales volume, drive conversions at checkout, and provides
faster market access with its single API integration.

Merchant Support

The program supports merchants in maximizing profits by offering
flexible payment options to consumers. It leverages existing
merchant accounts, provides issuer support for scheduling, requires
upfront payments, and involves limited risk.

FAQ

What are the tenure options for the installment plan?

The plan can range between 3 and 48 months.

Which card brands participate in the program?

Visa and Mastercard are the participating card brands.

Installments Enabled by Visa
Getting Started Guide
Documentation Version: 1.0 Documentation Date: April 30, 2024
1

Contents
Document Control …………………………………………………………………………………………..3
Product Description and Availability…………………………………………………………………..4
How this program works………………………………………………………………………………………………….4 Benefits for Merchants and Consumers………………………………………………………………………………5
Plan Configuration …………………………………………………………………………………………..6
Merchant Funded Installment Plan ……………………………………………………………………………………6 Consumer Funded Installment Plan……………………………………………………………………………………6 Pricing ………………………………………………………………………………………………………………………….6
User Experience………………………………………………………………………………………………8
DX8000 Sample ……………………………………………………………………………………………………………..8 P400 Sample………………………………………………………………………………………………………………..11 Moneris Checkout (MCO) Sample …………………………………………………………………………………… 13 Installment configurator on the Go Portal ………………………………………………………………………… 15
Merchant Support …………………………………………………………………………………………16

Installments enabled by Visa: Getting Started Guide

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Document Control

Rev. Date 1.0 April-30-2024

Summary of changes Installments Enabled by Visa Getting Started Guide

Installments enabled by Visa: Getting Started Guide

3

Product Description and Availability
Installments Enabled by Visa is a credit card-based program that allows customers to pay for their purchase over a length of installment terms. This is the Buy Now Pay Later (BNPL) product that gives consumers another payment option. This is available on the P400 POSPad and direct to host version, Go products DX8000 and EX8000. Future enhancement to include P400 cloud version and the Go products (A920 and A35).
How this program works
Buy now and pay later Customer can pay for the purchase of goods and services in equal monthly installments Uses available credit on cardholder’s card No credit check required
Tenure options The plan can range between 3 and 48 months
Note: This is available on a monthly basis.
Card brand participants Visa Mastercard
Issuer participants CIBC RBC Scotiabank Desjardins
Note: Coming soon: BMO, TD, Credit unions
Product availability eCommerce o Gateway API o Moneris Checkout (MCO) In-Store o P400 POSPad o Ingenico EX8000 and DX8000 o Pax A920 and A35 (Coming Soon)

Installments enabled by Visa: Getting Started Guide

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Benefits for Merchants and Consumers
Consumers are looking for flexible payment options and merchants are ready to maximize profits. Installments help increase sales volume and drive conversion at checkout. No new credit approval required, works with eligible cardholders, simple checkout flow. Faster to market:
o leverages existing merchant accounts o issuer support for scheduling o upfront payments o limited risk Single API integration provides instant access to consumers globally.

Installments enabled by Visa: Getting Started Guide

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Plan Configuration
Merchants enabling Installments Enabled by Visa are allowed to pick only three plans. The plans consist of two types of installments:
Merchant Funded Installment Plan Consumer Funded Installment Plan Upon first sign-up, merchants are set with default plans (3 months Merchant Funded and 6 months Consumer Funded).
Merchant Funded Installment Plan
An Installment Plan where the Merchant Participant is responsible for paying the Installment Funding Fees to the Issuer on applicable Installment Transactions. See pricing section below.
Consumer Funded Installment Plan
An Installment Plan where the Cardholder is responsible for paying the Installment Funding Fee to the Issuer on applicable Installment Transactions. See pricing section below.
Pricing
Moneris has worked with Visa to get the best pricing on the market. Merchant Funded Installment Plan: Installment access fee (VISA) + Installment funding cost1 (ISSUER) + Installment fee2 (MONERIS) Consumer Funded Installment Plan: Installment access fee (VISA) + Installment fee2 (MONERIS)
1Issuer funding cost is a % of installment transaction amount. Cost varies by tenure on a fixed schedule (see table below). 2Moneris fee (sales rep to discuss with merchant)

Installments enabled by Visa: Getting Started Guide

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Table: Funding Cost for Merchant-Funded Plans

Installment Tenure 3 months 6 months 12 months 18 months 24 months 36 months 48 months

Rate 1.90% 2.99% 4.50% 6.25% 9.50% 14.75% 19.99%

Installments enabled by Visa: Getting Started Guide

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User Experience
Let’s look at examples of how Installments Enabled by Visa are processed.
DX8000 Sample
Follow the steps below to process a Visa installment during a purchase transaction on a personal device.
Eligibility Check 1. The Merchant passes the terminal to the
cardholder. 2. The cardholder will Tap, Insert or Swipe their
card. Note: The eligibility check is automatically processed behind the scenes.

Plan Selection Issuer-provided installment plans appear on the screen based on the total purchase amount.
3. The cardholder reviews the available options.
4. Taps on the best option for their purchase.
Note: Each option displays the applicable amount per month, total interest and the total to be paid.

Installments enabled by Visa: Getting Started Guide

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Consent The cardholder needs to provide consent before they can complete their purchase. 5. Tap OK to confirm and continue. Note: This will be the consent to the terms and conditions.
Complete Purchase Once the purchase is approved, the “How would you like your receipt?” prompt appears, showing the customer the available options for receiving a receipt. 6. Tap Print, Text, Email or No Receipt. 7. If the customer chooses Text or Email, they
are prompted to enter the appropriate information. 8. The cardholder passes the terminal back to the Merchant.

Installments enabled by Visa: Getting Started Guide

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Transaction completed 9. Tap OK.

Installments enabled by Visa: Getting Started Guide

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P400 Sample
Follow the steps below to process a Visa installment during a purchase transaction on a P400 terminal.
Eligibility Check 1. The Merchant passes the terminal to the
cardholder. 2. The cardholder will tap Yes or tap OK
on the terminal keypad to confirm and proceed. Note: The eligibility check is automatically processed behind the scenes.
Plan Selection Eligible installment plans appear on screen based on the total purchase amount. 3. The cardholder reviews the available options. 4. Taps the best option for their purchase by
using the number keypad on the terminal. Note: Each option will display the applicable amount per month, total interest and the total to be paid.

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Consent The cardholder needs to provide confirmation for the selected option. 5. Tap Confirm option on screen or tap OK
on the terminal keypad to confirm.
Note: This will be the consent to the terms and conditions.

Complete Purchase Once the purchase is approved, the “How would you like your receipt?” prompt appears, showing the customer the available options for receiving a receipt. 6. Select receipt option:
Tap 1 = Email Tap 2 = Text Tap 3 = Print Tap 4 = None 7. If the customer chooses Text or Email, they are prompted to enter the appropriate information. 8. The cardholder passes the terminal back to the Merchant.
Transaction is completed.

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Moneris Checkout (MCO) Sample
Follow the steps below to process a Visa installment during an in-store purchase transaction.
Eligibility Check
1. The merchant enters the cardholder’s information: Payment Method Cardholder Name Card Number Expiry Date CVV
2. Scroll down to Continue.
Note: The eligibility check is automatically processed behind the scenes.

Plan Selection Issuer-provided installment plans appear on the screen.
3. Review the available options.
4. Tap on the best option for their purchase.
Note: Each option will display the applicable amount per month, total interest and the total to be paid.
Consent The cardholder needs to provide consent before they can scroll down and complete their purchase.
5. Tap on the small box to place a checkmark on the selected option.
Note: This will be your consent to the terms and conditions.

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Note: Additional terms and conditions can be reviewed by tapping on the “Additional Terms” link on the screen. 6. Scroll down to Continue.
Complete Purchase The merchant is ready to complete the order. 7. Tap on Checkout.
Transaction is completed.

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Installment configurator on the Go Portal
This configurator will be available soon for Moneris Go terminals.
Configurator for MCO sample:

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Merchant Support
If you need assistance with your payment processing solution, we’re here to help, 24/7.
We’re only one click away.
Visit moneris.com to download additional copies of this guide and other resources, including: · Integration guides · APIs
Visit shop.moneris.com to purchase point-of-sale supplies and receipt paper Visit moneris.com/en/insights for business and payment news, trends, customer success stories,
and quarterly reports & insights
Need us on-site? We’ll be there.
One call and a knowledgeable technician can be on the way. Count on minimal disruptions to your business as our Field Services provide assistance with your payment terminals.
Can’t find what you are looking for?
Call Moneris Customer Care (available 24/7) toll-free at 1-866-319-7450 or email onlinepayments@moneris.com. We’ll be happy to help. You can also send us a secure message 24/7 by logging in to Merchant Direct® at moneris.com/mymerchantdirect.

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NOTICE OF CONFIDENTIALITY. This document contains information that is the proprietary and confidential property of Moneris. The recipient agrees to maintain this information in confidence and not reproduce or otherwise disclose this information.
MONERIS, MONERIS BE PAYMENT READY & Design and MERCHANT DIRECT are registered trade-marks of Moneris Solutions Corporation. All other marks or registered trade-marks are the property of their respective owners. VISA is a trademark owned by Visa International Service Association and used under license. © 2024 Moneris Solutions Corporation, 3300 Bloor Street West, Toronto, Ontario, M8X 2X2. All Rights Reserved. This document shall not wholly or in part, in any form or by any means, electronic, mechanical, including photocopying, be reproduced or transmitted without the authorized consent of Moneris Solutions Corporation. This document is for informational purposes only. Neither Moneris Solutions Corporation nor any of its affiliates shall be liable for any direct, indirect, incidental, consequential or punitive damages arising out of use of any of the information contained in this document. Neither Moneris Solutions Corporation or any of its affiliates nor any of our or their respective licensors, licensees, service providers or suppliers warrant or make any representation regarding the use or the results of the use of the information, content and materials contained in this document in terms of their correctness, accuracy, reliability or otherwise. Your credit and/or debit card processing is governed by the terms and conditions of your agreement(s) for merchant credit/debit card processing services with Moneris Solutions Corporation. It is your responsibility to ensure that proper card processing procedures are followed at all times. Please refer to the Moneris Merchant Operating Manual (available at: moneris.com/support) and the terms and conditions of your applicable agreement(s) for credit/debit processing or other services with Moneris Solutions Corporation for details.
(April 2024)
Instal Visa : GSG EN

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