Merchant Services
Telephone Processing
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Credit Card Processing by Touchtone Phone
This interactive voice response (IVR) solution offers you a quick and easy alternative to terminal credit card transaction processing. Using IVR technology and your existing telephone and phone lines, this solution is designed for customers with infrequent transactions, allowing you to offer your customers a wide variety of payment options and provide speedy authorization for Visa, MasterCard and American Express. Once the transaction is authorized, it is captured, and settlement will occur when the close batch transaction is completed.
What we provide
- Use your existing telephone and phone lines
IVR Technology Features and Benefits
- Easy to use - Merchants are guided through the process and there are built-in system checks to avoid duplicate transactions
- Stay up-to-date - Transactions are captured and sent for processing on a daily basis
- Save money - use the existing telephone and telephone lines - no additional equipment required for credit card processing by Touch-Tone phone
- Save time - transactions are authorized and automatically captured for end of day processing
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For more information, contact a Relationship Manager at the Commercial Banking Centre nearest you.
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