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The Internet is expanding global business opportunities for large and small businesses alike. However, success requires reliable and flexible payment processes that are user-friendly for the customer and efficient for the merchant. Merchant Services is developing payment processing technology that functions through virtual accounts, plastic or chip cards, and from any device that accesses the Internet. Merchants with access to the Internet - whether a cyber merchant, a brick-and-mortar business, or a mail order/telephone order enterprise - can have the speed and security of Internet backroom processing.

Software Supported:

Software

ICVERIFY®

ICVERIFY software is a fully integrated PC-based credit, debit, and purchasing card authorization and settlement system. The ICVERIFY system communicates directly with the First Data Merchant Services (FDMS) platforms to authorize payment transactions, then stores them for end of day settlement. This process is as simple as swiping a card, or key-entering card, then entering the transaction amount. Transactions can also be sent to the ICVERIFY system via an import function from any point of sale (POS) or order entry system. ICVERIFY software can also be interfaced to a POS or order entry system, it can share a PC platform, and provide communications with the outside world for authorizations and batch settlement.

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