Payment Processing

The payment processor submits transactions to the appropriate card association, eventually reaching the issuing bank, Authorization requests are made to the issuing bank, including parameters like CVV, AVS validation and expiration date then the issuing bank approves or declines the transaction.

Acquirer fees are charged by us to cover the cost of all the checks we have to do as an organization and a portion of those fees are paid directly to Visa and Mastercard. 

The percentages we charge are based on the businesses we take on whether that be based on the Card turnover of that business or the risk factor of that business, each business is unique and we tailor make our packages to suit your business.