How do I begin accepting credit card payments?
In order to begin accepting credit card payments you will need a
payment capture device,
merchant account, and a payment gateway.
What types of capture devices does PaymentVision support?
PaymentVision has a built in
virtual terminal,
Interactive Voice Response system, and
Internet payment site. PaymentVision services can also be extended to third-party systems through an
API.
Do I need a card terminal or “swipe machine” to accept credit card payments?
Unless you have a store front or accept walk-in bill payments; no, you do not need a card terminal or “swipe machine”. PaymentVision’s built in virtual terminal functions just like a card terminal, is accessed via the web, and is appropriate for companies accepting payments in a card-not-present environment.
What is a merchant account?
A merchant account is an agreement between your company and an acquiring bank which entitles you to accept credit card payments. A merchant account is required to accept any major credit card brand.
Can Autoscribe help me obtain a merchant account?
Yes.
Autoscribe can help you to obtain a competitive merchant account. Click here to learn more.
I already have a merchant account but would still like to benefit from PaymentVision Gateway Svcs.
No problem. PaymentVision can connect to most merchant accounts.
What is a payment gateway?
A payment gateway is what connects the merchant acquiring bank with the card issuer to authorize a payment. PaymentVision’s suite of payment capture services and administrative hub sit on top of a sophisticated payment gateway.
How does Autoscribe protect card holder data?
Autoscribe protects card holder data in compliance with the
payment card data security standard (PCI-DSS).
Can credit card payments be returned?
Unlike a check or ACH transaction, there really isn’t a return management process to speak of other than the chargeback rights of the cardholder. The built in authorization mechanism provides immediate assurance that the cardholder’s line of credit is sufficient to cover the requested charge amount. Once a transaction has been approved, the only risk of return is through a chargeback. A chargeback occurs when a consumer disputes a transaction.