Selecting Credit Card Processing Software
Are you accepting Level 1, 2 or 3 business cards? Do you require additional fraud detection for your business or additional tools in your ordering process to ensure more efficiency? These may be reasons for you to obtain additional software versus buying a credit card machine. For example, if you’re a large business like a big printing company and you work with large corporate clients that have credit cards, maybe you need reoccurring billing so you can get additional data from your customers and properly charge their accounts. This can also have the effect of bringing your rates down.
Perhaps you need special features and smarter software that takes all the transactions for one day and lumps them together and batches them automatically, then creates a separate report. What about a POS system for your restaurant? It’s not hard to see that the software you need depends on your type of business, how you conduct purchasing and the quantity of the transactions that are occurring regularly. Software possibilities and variations are infinite and yet another reason to work with the leader in the business—Beyond Transaction. For your further information and edification:
- Level 1 data is a swipe. Here you just need the dollar amount;
- Level 2 data is the tax amount, address and zip code;
- Level 3 data is quite detailed and ideal for bigger operations like corporations who have purchasing cards. It sometimes requires a Pin and can provide all the company information you specify.
Processing software is dictated by your unique situation. Getting specialized software may also be a way to save. It may not be necessary for you to purchase a credit card machine when a $100 card reader may be all you need along with software on your computer that allows you to process payments without the need for an external phone line, or Internet connection. You simply use the computer like you do every day, add Beyond Transaction software and process your payments.
Let’s talk. Contact us at 866-799-8975, we’ll look at your hard facts and consider the efficiencies and exigencies of software suited to you.