|
 Counterpoint
SQL version 8 provides electronic draft capture (EDC)
capabilities by allowing you to swipe a credit card through
a magnetic stripe reader, automatically authorize a credit
card sale, verify an address, and settle funds to your bank.
Electronic check authorization, EBT, and debit card
processing are also provided.
With the Enterprise edition, you
can also electronically capture the customer’s signature.
Debit processing is done through
a standard debit terminal connected to the Moneris Interac
system.
The benefits of integrated
credit card processing include:
-
Rapid, automatic charge
authorizations
-
Faster checkout times
-
Reduced customer frustration
-
Fewer errors and fewer
chargebacks
-
Reduced cost of accepting
credit cards
-
No hand-recording of card
information
-
No paper slips to deposit at
the bank
-
No rekeying of card
information
-
No separate credit card
terminal
Transactions may be authorized
using a standard dialup telephone line. Two-second Internet
authorizations are available using the optional
Gateway service |
