On 1/18/06 11:16 AM, "Robert Snyder" <res03q8w@gte.net> wrote:
> Paul M Foster wrote:
>> Robert Snyder wrote:
>>
>> <snip>
>>
<more snippage>
> I saw some reference of it months ago while getting a merchant account
> for a client. Could not find anything and really it needed to be able
> to communicate to the processor for a SSL connection as I was not going
> to play the dial up game as the modem require has to be older than dirt
> for it to work. Even full fleadge hardware modems have seem to have an
> issue connecting at the 14,400 kbps that (aka 14.4) that credit
> processors want
>> Paul
My company developed and sells a POS application for the hospitality
industry - restaurants mostly. We have to provide credit card processing as
part of our software. There are several credit card processors out there
that provide some form of TCP/IP connectivity for credit card processing.
Most will have other methods to interface including a modem, but that
becomes more of a backup in the event of a network failure. With the
internet connection, we can get a credit card approval back in 3-4 seconds
most of the time. Look at the following companies - this is just a small
sample:
Authorize.net - real easy to use, via an http connection
Protobase.com - proprietary library to format transactions and connect
shift4.com - also a proprietary library
These processors add transaction fees on top of what the credit card
companies charge, but it's not unreasonable. Most of them provide
"wholesale" transaction fees that allow a vendor to mark them up to the
customer for a little bit of extra revenue.
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