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Payment processing is a system that enables secure, real time processing
of credit and debit card transactions, including:
- Authentication
- Verification
To accept credit cards you need to have a:
- Merchant account with a bank or processing organization
- A fulfillment company to transfer the transaction information
to the processor
Transactions can be transferred using:
- A terminal like retail stores use
- Processing software that transmits the transactions to the
processing center
- Online credit card processing gateway systems like Authorize
Net or Verisign Pay Flow
The payment processing center obtains the approval (or decline).
A confirmation message is sent to the client. Once authorized, the
funds are deposited into the merchant's bank account.
PAYMENT PROCESSORS DIRECTORY
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Advanced Processing Group, San Diego
Mick Rispoli 619-401-0791
mrispoli@advancedprocessinggroup.com
www.advancedprocessinggroup.com
Cambridgecommerce, San Diego
Travis Gomez 760-643-4004
travis@cambridgecommerce.com
John Jensen 760-643-4004
jjensen@cambridgecommerce.com
www.cambridgecommerce.com
Litle & Co, Boston area
Chris Reinmuth, 509-965-4078
creinmuth@litle.com
www.litle.com
Paymentech, NH Steven Martin 603-896-8342 steven.martin@paymentech.com www.paymentech.com
TransFirst E-Payment Services, Omaha
Shane Bradford 402-384-6200 x119
sbradford@transfirst.com
www.transfirst.com
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