Author: BobbirDonnigen
Published articles: 16
A payment gateway facilitates the transfer of information between a payment portal (such as a website, mobile phone or IVR service) and the Front End Processor or acquiring bank. When a customer orders a product from a payment gateway-enabled merchant, the payment gateway performs a variety of tasks to process the transaction: * A customer …
How does ACH processing work? Online Check processing refers to the moving of money electronically using the Federal Government’s Automated Clearing House. This clearing house provides a centralized communication network that allows for both the electronic transfers of funds and the reporting of these transfers. Essentially banks have a pipeline (usually called a Fed Line) …
Ever since the internet has become a major source of information and other services, almost all of us will agree that it is quite intriguing. Just by a click of button we can have credit card processing done and order anything from across the world without having to leave the comfort of our home. Another …
If you were to Google for billing card companies, you’d find out that there are thousands of places out there. Most of these companies have set up a merchant account for their own companies, but added the right to accept payments for other companies. So any person with a merchant account, who pays the extra …
Batch Credit Card Processing Batch credit card processing capabilities gives you the option of processing credit card transactions via secure FTP by uploading a batch text file formatted to meet our batch processing specifications. The batch processing file is an ANSI-format text file with one transaction per line and a single TAB (ANSI 9) character …
Imagine opening your credit card statement one morning and discovering to your horror that you suddenly owe thousands of dollars – on purchases that you never made. Impossible? Credit card fraud on the rise, so you need to treat your card and its information with extreme care. Here are 10 tips to help insure you’re …