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Benefits to
Merchants Who Accept Purchasing Cards
- Increased Sales. As cardholders
increasingly discover the benefits of purchasing cards,
they will seek suppliers who accept the card for payment
of goods and services.
- Improved Cash Flow. Unlike the
present method where your company may wait up to 60 days
or more for payment, funds for purchasing card
transactions are sent electronically through the banking
system into your business checking account within three
(3) days.
- Reduced Expenses. Again, unlike
the present method, your company does not have to process
and mail invoices, manage and collect receivable, or post
and process checks for each customer payment.
How To Process
Purchasing Cards
Total Merchant Soluitions
Nationwide offers a range of processing options including:
Electronic Terminal Processing, PC Batch Processing and Mail
Order/Telephone Order Batch Processing. PC Products: PC
Transact_It 3.0 Terminal Equipment: Verifone, Hypercom,
Nurit Internet: Virtual Terminal & Shopping Cart
Program
What is Level II
processing?
Level II processing includes all
Level I information (Merchant name, city/state/zip code, SIC
and cardholder information) in addition to sales tax and a
customer accounting code. If your credit card processing
equipment is not programmed to prompt you to respond to the
enhanced data prompts you will be billed non-qualified
fees.
To get started processing
Government IMPACT and Corporate Purchase Cards properly
please complete the express application and a TMS
representative will call you to discuss your needs.
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