The vast majority of  card transactions combine 2 elements:  authorization and capture.  Once the card information is received, authorization of the amount of the purchase is obtained from the issuing bank, and, if approved, the card is charged.  The transaction is automatically set for..

Combine Payment Processing with Internal SystemsElectronic payment processing is an important part of streamlining business operations.  But, to get the most bang for the buck, organizations should integrate payment processing with internal systems.    Integration with accounting, enterprise..

Reduce Shopping Cart Abandonment with Alternative PaymentsConsumers abandon shopping carts for many reasons. Regardless or the reason, an abandoned shopping cart means no sales to you.According to a recent study 22% of buyers said the absence of the payment method they wanted to use was the reason..

To provide an incentive for issuing banks to issue more cards and acquiring banks to add more merchants and thus expand the network, the bank card brands established interchange.  Interchange allocates the costs and revenues of the completed transaction between the issuing bank and acquiring..