Credit Card Processing

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About Credit Card Processing

ManageMore offers several ways to integrate credit card processing into the program. From point of sale to recurring billing, ManageMore can handle the processing and provide your company with the peace of mind that comes with automatic collection.

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A Detailed Look at Credit Card Processing

How does Credit Card Processing work?

Quick Help - Credit Card Processing

Q & A - Credit Card Processing

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3.1 Setup Company

A Detailed Look at Credit Card Processing

Credit card payments are one of the most popular methods of payment, especially in retail sales and internet sales. To optimize the advantages of receiving payments through credit cards, the processing is best handled with POS-driven business software. ManageMore supports credit card processing at the point of sale and also for accounts receivable payments. The advantages derived by this integration are:

1.	Elimination of the costs of purchasing separate terminals for processing credit card information.

In many cases, elimination of dedicated telephone lines used for processing credit card information by utilizing existing internet connections on your computer for authorizing payments. This also has the added benefit of approving transactions nearly 10 times faster than traditional telephone dial-up.

3.	Reduction of data entry errors due to wrong entry of credit card information.

4.	Collection of a history of credit cards making servicing of repeat orders faster.

5.	Reduction fraud by employing address verification in case of MOTO (Mail Order, Telephone Order) Sales.

6.	Users can obtain approval from his/her workstation without having to go to a credit card terminal.

7.	Reversals of prior approved transactions are simpler and more straightforward.

How does Credit Card Processing work?

To process credit card payments online (or any other electronic payment for that matter), there are certain requirements that must be met. You cannot simply obtain approval for the payment directly from the customer's bank. You must subscribe to a payment service like Authorize.Net or buy electronic payment authorization software like PC Charge. The payment service/software connects to the network of financial institutions through a payment gateway. Through the payment network, the customer's account is accessed and the availability of funds is verified. Finally, you are informed whether the payment is approved or not.

Quick Help - Credit Card Processing

1.	Open a merchant account with a financial institution (merchant reseller) that provides merchant accounts for credit card payments and supports one of the ManageMore payment gateways (Intellicharge, IC Verify, or PC Charge Payment Server).

2.	Set up the information under the Payment Authorization category of Setup Company. Enter the appropriate information provided by the merchant reseller. This may include the merchant account number, login names, passwords, processor name, etc.

3.	Set up payment methods for credit cards and determine the deposit method you will use for reconciling these payments from your service provider.

IntelliCharge Driver installation (or workstation number setup, for alternate methods) is required on each workstation that will be accepting credit card payments.

To process recurring EFT transactions for customer statements:

1)	If the EFT Billing option was included with your license, select the EFT category of the Setup Billing menu.

2)	Choose your processing method.

3)	Enter the remaining settings for the method selected.

4)	When adding or editing a customer, choose "EFT" in the Distribution Method field.

5)	When distributing statements, choose "EFT" in the Output Method to Use field. The statement/customer balances will be automatically processed through the selected gateway.

Q & A - Credit Card Processing

Q01. Which gateways are currently supported?

A01.

The IntelliCharge credit card processing software and the current FREE offering are based on activating with our preferred Merchant Account Provider partners and utilizing Authorize.Net, one of the largest internet-based credit card gateway providers. IntelliCharge is also capable of communicating with the popular Verisign Payflow Pro gateway as well. If your current gateway is listed but not supported, please contact your sales representative.

Q02.	I don't see my question here. Where else can I get information?

A02.	Visit our website's Technical Support section.



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