Switch
Midax – a switch that grows with you, saves you transaction fees and puts you in control of your payments!
There are several things a switch can do for you, at least with Midax:
Midax can process all payment types in one single application, combining in-house applications with external payment types, so you have full control in one place.- Midax audit checks third party processing, providing settlement, and giving the merchant the information at his finger-tips to verify he has received all the funds he should and ensure his customers haven’t been double-charged!
- Midax interfaces with all standard POS and gas dispensers and with all the main providers.
- Midax customizes your solution to your own preference: no one-size fits all solution here!
- Midax is PCI DSS compliant.
- Midax brings over 10 years processing experience to the table: stability, experience and quality of support!
Whether you are a chain wishing to regain control over your payments processing, or a wholesaler wishing to provide a payments service to your client stores, you will choose a switch over a payments interface because:
- You want all payment methods integrated into your POS or at the pump.
- You want to retain your freedom to choose any POS type without having to change your payments engine.
- You want to have freedom to move from one provider to another and to be able to add other external services at will.
- You are tired of paying per record charges for service providers to maintain customer databases.
- You desire more timely, accurate settlement.
- You desire increased up time and the security of industry specific standards.
And you will choose Midax over other switch offerings because:
- Midax has a broader range of function, with interfaces not just to every main POS and provider, but all man gas dispensers as well.
- Midax has in-house payments options, such as gift card, charge card and check authorization as well as interfaces to unlimited 3rd party services.
- Midax allows for in house payment methods to be enabled at the gas dispenser (pre-paid gas card. charge card, in house ACH card)
- Midax is the only switch with integrated loyalty; including loyalty discounting at the pump.
- The Midax Switch architecture if centralized configuration and database management with distributed routing makes Midax infinitely scaleable.
- There are no 3rd party software products embedded into the Midax Switch. We have developed all the code in-house and will continue to do so. This allows us to customize the application to address the business needs of every retail chain.
- Midax service and support is second to none.
- Midax is the best bang for your buck.
Midax switch is America’s most flexible single source EFT routing solution, integrating all currently available internal and external processing payment processing types into one single integrated component.
We do this by taking the native payment processing format out of the POS and convert it into Midax’s payment engine, where we apply your business logic rules to said format and then route it to the appropriate database or third party processor.
The response from the 3rd party is similarly converted through the Midax payment engine back into the message format the POS expects to see.
The routing of the transaction itself occurs at the store: the setup in Midax for business logic and transaction formatting is downloaded to the store, where Midax’s routine provides primary and backup communications channels and offline processing in the event the network or one of the services you use is completely down.
In this way, Midax combines all the advantages of a centralized hosted switch with the strength of store-based routing: Midax is the only distributed switch!
Midax can also support multiple POS and multiple provider interfaces on the same server. This gives you the ability to have one controlling switch application and a free choice of provider and POS, and migrate in a controlled manner from one to the other.
Midax is certified will all major 3rd party providers for debit, credit and EBT. In addition, with Midax, you can have third party services, such as ACH service providers, Blackhawk, 3rd party check, student payment card payment systems, phone card and other external services, all routing in different formats to different addresses, while using Midax chain-internal payment systems, like gift card, charge card and check authorization.
Midax also allows a wholesaler or an affiliation of chains to share a common switch, for example to enable common check files or allows a banner group gift card to be bought in one chain and tendered in another, with full accounting reconciliation and settlement.
A network will not always be up and capable of running your operation, so Midax has a comprehensive range of Offline Processing functionality to maximize your up-time.
Midax has embraced PCI DSS certification and gone beyond the standards required to provide levels of security in both communications channels and database storage that greatly exceed those laid down in the VISA documentation.
At Midax, Inc, we have made the strategic decision to develop all our own code, so that we remain in full control of our environment. This not only allows us to correct any bug, but it also enables us to customize the application to suit the individual requirements of our customers, whether that is a new technology front end or a new interface.
Sharp by design, execution, and support, Midax Switch services should be an essential part of your business. Truly, value through technology.
