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Color Code: Purple
Created By: Shannon Scoffield
Created Date/Time: 4/23/2019 3:22 pm
 
Action Status: Blank (new)
Show On The Web: Yes - (public)
 
Time Id: 3987
Template/Type: User Guide
Title/Caption: 4.44 - Merchant Processing - Credit Cards & Financial Solutions
Start Date: 4/23/2019
Main Status: Active

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Notes:

4.44 - Merchant Processing - Credit Cards & Financial Solutions

-Merchant processing is a great addition to any business. This allows you to process any transaction with credit card or digital payments. This feature is not required to use our system, it is just an available option.

-You have to have at least 3 players with merchant processing. You have to have a POS (Adilas), a gateway or credit card processing company, and then you have your banking entity which is your merchant or banking entity. Some big companies actually fill multiple of those roles but all three of those components are required for merchant transactions.

-**Flow chart diagram for Merchant Processing

-We do not require that you deal with a certain merchant. We do have a number of merchant gateways that we have already coded to. So if your bank already deals with these gateways you can be very easily integrated.

-We also have a number of other closed circuit payment options. This is basically where you load money on to a card or account and then you can spend that money at participating stores.  

-If you have a specific gateway or banking entity that you would like us to work with. We need to be notified of that, we will do some research, get you a quote, and built the pathway to use that merchant processing option.

-Merchnat processing may be used in internal POS/shopping cart options, online bill pay, payments on account, external eCommerce, reoccurring invoicing/payments, etc.