Online Merchant

Credit card terminal

Posted on 09. Feb, 2009 by admin.

Several types of credit card terminals are available to merchants. Most have the same basic purpose and functions. They allow a merchant to swipe or key in required credit card information and transmit such data to the merchant service provider. Most newer models processes credit cards, gift cards, and are expandable to perform check verification. [...]

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How ACH processing work?

Posted on 09. Feb, 2009 by admin.

ACH processing refers to move money electronically to the federal government’s assistance Automated Clearing House. This clearinghouse provides a centralized communications network that allows for both electronic funds transfer and notification of these transfers.
Essentially, banks have a pipeline (usually referred Fed Line) that connects directly into the ACH network. The pipeline allows the transmission of [...]

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