a     Verify or type in the card number, expiration date, CVC, and customer's name as it appears on the credit card.

b     To authorize The process of verifying the credit card has sufficient funds (credit) available to cover the amount of the transaction. the transaction, click Approve.

§       The payment processor verifies the billing name and address, and that the customer has sufficient credit to cover the purchase. If the transaction is approved, the Approval # box on the Money screen is automatically completed.

§       Depending on your processor, the AVS box may display Yes to indicate that the address was verified.

§       Depending on your company setup, clicking Approve may also capture The submission of an electronic credit card transaction for financial settlement. Authorized credit card sales must be captured and settled in order for a merchant to receive funds for those sales. Also referred to as EDC and electronic data capture. the charge. If the payment is both approved and captured, the EDC (Electronic Data Capture) The submission of an electronic credit card transaction for financial settlement. Authorized credit card sales must be captured and settled in order for a merchant to receive funds for those sales. check box will be automatically selected.

See Approval and capture options in CMS for information about CMS's handling of payments by credit card.

The illustration below shows a credit card transaction. Click on any box for additional description.

a     Enter the check #, account #, account type, routing #, and bank.

b     In the Type box, indicate the type of eCheck.Net transaction. The most commonly-used is PPD - Prearranged Payment and Deposit. Available types include the following:

§       ARC– Accounts Receivable Conversion, or ARC, is a single-entry debit against a customer’s checking account. ARC allows merchants to collect payments received in the mail or left in a drop-box, and convert them to an electronic payment later. Payment authorization is obtained by posting required notices before accepting a customer’s check.

§       BOC – Back Office Conversion, or BOC, is a one-time charge transaction against a customer’s checking account. BOC allows merchants to collect a check written at a point of sale (checkout counter, manned bill payment location, service call location) and convert it to an ACH debit during back office processing. Payment authorization is obtained by posting required notices before accepting a customer’s check.

§       CCD – Cash Concentration or Disbursement, or CCD, is a charge or refund against a business checking account. One-time or recurring CCD transactions are fund transfers to or from a corporate entity. A standing authorization is required for recurring transactions.

§       PPD – Prearranged Payment and Deposit Entry, or PPD, is a charge or refund against a customer’s checking or savings account. PPD entries can only be originated when payment and deposit terms between the merchant and the customer are prearranged. A written authorization from the customer is required for one-time transactions and a written standing authorization is required for recurring transactions.

§       TEL – Telephone-Initiated Entry, or TEL, \is a one-time charge against a customer’s checking or savings account. TEL transactions can only be originated when a business relationship between the merchant and the customer already exists; or if a relationship does not exist, then only when the customer initiates the telephone call to the merchant. Payment authorization is obtained from the customer by telephone.

§       WEB – Internet-Initiated Entry or WEB is a charge against a customer’s checking or savings account. One-time or recurring WEB transactions are originated through the Internet. Payment authorization is also obtained from the customer through the Internet.

c      Click Approve.