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What is a Credit Card Imprinter? A Detailed Guide
A credit card imprinter is a device that is used to create a physical copy of the information on a credit card. It is often used in situations where a card is not present, such as when a customer is m...
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- January 24, 2023 12:52 pm
What is an Authorization Hold? A Detailed Guide
An authorization hold is a temporary charge placed on a customer's credit or debit card. The funds are not actually transferred until the transaction is processed, but the hold ensures that the custom...
A Detailed Guide about Credit Card Machines
A credit card machine is an electronic device that reads the information from a credit or debit card and processes the transaction. There are many different types of credit card machines, but they all...
Hotel Payment Processing: A Detailed Guide
When it comes to hotel payment processing, there are a few things you need to know in order to ensure that your business is running smoothly. First and foremost, you need to have a merchant account se...
List of the Top Customer Service Software Tools
Customer Service Software tools are software programs that help businesses manage customer interactions and provide customer support. These tools can automate customer service tasks, such as respondin...
What is payment aggregation?
Payment aggregation (or shopping cart aggregator) is a payment method that allows you to pay for the goods of different merchants in one transaction. The main advantage here is that you can compare pr...
What Are Card Not Present (CNP) Transactions and Why Do...
Card not present (CNP) transactions are those in which the cardholder is not physically present when the purchase is made. This could be, for example, a purchase made over the phone or online.
CNP tra...
What Are Merchant Category Codes (MCCs)?
Merchant Category Codes (MCCs) are a numbering system that merchants and financial institutions may use to identify the primary business of an organization. MCCs can be four digits long and help deter...
What does partial authorization mean?
Partial authorization means that an insurer will only pay the in-network cost of a service, leaving patients personally responsible for any balance, or "balance bill".
What's the difference between pa...
What Is Merchant Services – What Does it Include?
What is merchant services? It refers to the financial services that are designed for businesses to use. It includes electronic payment management for businesses. Such types of electronic transactions ...
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