OFFSHORE Credit Card Processing Software

Let’s first consider what credit-card processing means and then move on to its software. Online credit-card processing is performed by following steps in order to handle credit-cards online. This all starts when a consumer chooses to purchase something but during this time the commerce application of the merchant prompts the consumer to take service details of the credit-card. This generally includes shipping information usually. Then the consumer enters his/her payment details into the Internet Explorer. Using payment software in Web Server, dealer sends encrypted deal to processor in order to gain authorization.

 

Authorization is nothing but a plea to keep track of funds for procurement. Acquiring processor then accepts or declines transaction. After gaining authorization of the transaction, the next action is to ‘capture’. The capture now takes details from successful permission and charges authorized amount to credit-card merchant facility of consumer. The last stage in credit-card processing is ‘settlement’ which is the transaction between acquiring processor and merchant. Then the web server bonds with acquiring company to settle transactions. Lastly transfer of cash into the bank account of merchant takes place.

 

Seven things that you should know about credit-card processing software:

Credit-card processing software permits you to allow your customers flexible payment options. It is indeed a reality that many customers are using credit card facility. You could obtain forty percent of sales increase by allowing credit-card pays. Moving on, you can capture benefit of the reality that purchasers tend to pay out more while using credit-cards. Let us know take a note of seven characteristics of credit-card software which would help you settle on which type of software would best suit you.

 

Firstly, Upgradable:

Upgradable of almost all credit-card processing software could be done frequently through internet. This feature helps you to offer your customers with technological solutions that are up-to-date.

 

Secondly, well suitable for several Operating Systems:

Ensure that your credit-card processing software should be well suitable for any operating systems like Windows and Macintosh which increases its usefulness. Even in the case you opt to use another system also, you could use the similar software. 

 

 Credit Cards Customary:

The overall idea of setting up software to process credit cards is to allow customers with extra payment options. The whole intention would go wasted, if your credit-card processing software cannot process other credit cards. Ensure that your credit-card processing software can process entire credit card pays.

 

Additional Features:

Several features like recurring billing, file import, customer database, and user permissions are embedded in present credit-card processing software’s.

 

Internet Connection:

Software that process credit-cards need internet connection in order to send transactions to the provider.

 

Additional Hardware:

If your volume of transaction is very high, extra hardware can be used in order to balance your software that processes your credit card.

 

Other Features:

Most of the processing software of credit card is equipped with authenticating systems in order to bring down fraud cases. Dealers who use this software can also track their transactions since they would be provided with purchased statements every month.        

 

Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.