Payment Processing

Process a variety of payment methods from resellers including credit cards, debit cards, checks, bank drafts, and batch transfers.

The CSD Payment Processing product provides full support for credit card authorization, processing and collection. Tracks terms, provides dunning as well as reversals and write offs. Real-time third party payment processing integration is supported with Paymentech, Authorize.net or your existing payment gateway.

FEATURES:

Credit Card Processing - automate the encumbrance of funds using a merchant account and payment gateway to accept payments on any major credit card.
Bank Drafts - for resellers who choose to pay by direct debit, setup your merchant account and payment gateway to accept EFTs.
Refunds - issue credit card refunds based on operational needs.
Cash/Check Processing - post payments directly into reseller accounts for cash and/or check payments.
Returned Items - in the event a reseller's check is returned to your bank, the payments can be reversed from their cash balance.
Cash Reconciliation - balance cash between your resellers and merchant account prior to balancing bank cash to ensure all transactions have been swept into the account and that no obvious fraud has taken place.
Fraud Prevention - collect cardholder address data and security codes to strengthen the fraud prevention measures provided by most payment gateways.