| Credit, Debit & Charge Cards |
Credit Cards are associated with a revolving line of credit.
Debit Cards are connected to a checking or savings account.
Charge Cards need to be paid off in full at the end of each billing cycle.
|
|
 |
Visa Card |
VISA Debit and Credit Cards are issued through banks and other financial institutions. With the exception of certain specialty cards such as Health Benefits Cards and Purchasing Cards, any card bearing the VISA Logo can be accepted as payment at any business that has a merchant account. |
|
| |
 |
MasterCard |
MasterCard Debit and Credit Cards are issued through banks and other financial institutions. With the exception of certain specialty cards such as Health Benefits Cards and Purchasing Cards, any card bearing the MasterCard Logo can be accepted as a form of payment at any business that has a merchant account. |
|
| |
 |
Discover
Network |
Discover issues Credit Cards directly to card holders as well as through banks and other financial institutions. Any card bearing the Discover Logo can be accepted as a form of payment at any business that has a merchant account. |
|
| |
 |
American
Express |
American Express issues Charge, Credit and Prepaid Cards directly to card holders. Merchants must sign up for American Express before they will be able to take any card with the American Express Logo. |
|
|
| Other Services |
The services below are products and enhancements available to merchants that may require them.
|
|
 |
ACH |
ACH stands for Automated Clearing House. This service allows merchants to electronically debit customer's personal and business checking accounts. It will allow merchants to accept "Check by Phone" for one time payments or it can be coupled Recurring Payments (below) to collect payments on a schedule, such as monthly, weekly, etc. |
|
| |
 |
Recurring Payments |
Recurring Payments is a special service that can be used with Credit and Debit Cards or with ACH services. This service allows the advance scheduling and automatic processing of payments on a particular day of the month or any other frequency. |
|
| |
 |
Checks |
Check services guarantee that a check is good and converts a paper check to an electronic ACH transaction ensuring faster deposits and fewer trips to a bank. Check services are optional and may require additional hardware. |
|
| |
