The Authorization
There are two ways an Authorization can happen.
ELECTRONIC
This is when the merchant swipes the credit card through a terminal or point of sale device and the POS device sends the transaction data electronically for the authorization.
VOICE AUTHORIZATION
This is when the merchant calls the voice authorization center; the voice authorization center has a computer system that communicates with the Issuing Banks to relay transaction data. An operator gives the merchant the Authorization response that is received from the card issuing bank.
Most authorizations are done electronically but the VOICE AUTHORIZATION is a great back up if the merchants credit card machine or POS System is down.
© Eagle Merchant Services - a merchant account provider located in the Chicago area providing the lowest cost merchant services and credit card machines.
ELECTRONIC
This is when the merchant swipes the credit card through a terminal or point of sale device and the POS device sends the transaction data electronically for the authorization.
VOICE AUTHORIZATION
This is when the merchant calls the voice authorization center; the voice authorization center has a computer system that communicates with the Issuing Banks to relay transaction data. An operator gives the merchant the Authorization response that is received from the card issuing bank.
Most authorizations are done electronically but the VOICE AUTHORIZATION is a great back up if the merchants credit card machine or POS System is down.
© Eagle Merchant Services - a merchant account provider located in the Chicago area providing the lowest cost merchant services and credit card machines.
posted by Ritas Ziupsnys at
11:07 AM
1 Comments:
This company has excellent customer service, no contracts or cancellation fees and very reasonable rates. I have never had any issues with them, and plan on keeping them as my processor for a very long time. My sales rep was Danielle at (877) 877-9592.
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