ELECTRONIC TICKET CAPTURE (ETC) is effortless and the most economical method of card processing, making it the top choice for most merchants. With ETC, card transactions are authorized, posted and deposited electronically, eliminating the need to physically transport card items to the bank for deposit. With ETC, merchants gain flexibility and control over their merchant account with the added ability to make adjustments or corrections to card transactions. The most common electronic processing options are:

First Data Global Gateway is the preferred gateway solution for card processing. This method is ideal for merchants who receive most of their sales by mail, phone or the internet. Multiple solutions are available to meet the need of any merchant desiring to utilize the internet. Retailers, mail/telephone, call centers, websites or any merchant type may use the gateway to securely process card transactions. Various other gateway solutions are supported:

Create A Customer Solution we provide you with the technical specifications, file layouts and communication options in order to develop a customer solution that suits individual needs.

Online reporting allows merchants to access 18-months of historical data. The site provides easy access to individual and batched transactions (click here for an example), online statements, fraud alerts, chargebacks and retrieval data all in one safe and secure online environment. All information is accessed from a user-friendly menu screen for individual merchant accounts. Multi-location merchants should contact their account representative for access to multi-level reporting.

Features

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What is meant by PIN-Debit, PINless, and signature-based debit?

The use of debit cards for payments has increased steadily over time, as much as 25% per year.

Access to all major debit card networks, including:

Companies are turning to commercial cards to streamline their processes and many are making acceptance of their credit card (for payment) a factor in choosing a merchant supplier. By accepting cards, merchants can further strengthen their competitive position, enhance existing relationships, and build new ones.

TransFund support three levels of commercial card processing.

Business-to-Business credit card transactions (LEVEL 1). Helps the merchant's business – and their commercial customers’ businesses – to run more efficiently by streamlining functions, reducing paperwork and administration expenses, increasing productivity, and achieving an array of additional benefits as well:

Delivering detailed information to enhance customers’ operations (LEVEL 2 & 3). In addition to the basic information such as transaction date, purchase amount, supplier name, city and state that payment cards generally offer, Level II and Level III processing enables electronic collection of additional data (Level II and Level III). Businesses use this data to support cost allocation, expense reconciliation, and compliance with government regulations. In addition, businesses can use this information to better understand their purchasing patterns and enhance their operations. By offering these benefits, merchants gain a competitive advantage in attracting and retaining corporate customers. Many of our customers utilize ICVerify software in order to meet their business needs.

Electronic Benefit Transfer (EBT) is an electronic system that allows a recipient to authorize transfer of their government benefits from a Federal account to a retailer account to pay for products received. EBT is currently being used in many States to issue food stamp and other benefits. Over 99.8 percent of food stamp benefits are currently being issued by EBT. State food stamp agencies work with contractors to procure their own EBT systems for delivery of Food Stamp and other state-administered benefit programs.

TransFund can support qualified merchants in the following States: