draft capture (EDC) to automatically authorize credit card
sales, verify addresses, and settle funds to your bank. Use
(2-second!) authorizations over the Internet.
Built-In Credit Card Processing
card processing under the CounterPoint Merchant Program
(CMP) is included in the CounterPoint Base System, and is
more fully described under
Credit Cards (CMP).
CMP processors will transfer settled charges to your local
bank. Other compatible processors are described in
Credit Cards (non-CMP).
For complete information on available services and fees,
Credit card processing allows you to swipe a credit card
through a magnetic stripe reader, automatically authorize a
credit card sale from the Ticket Entry screen, verify an
address, and electronically settle funds. You may also
retain a credit card number in a customer's file to be
charged at the appropriate time. Supported cards and
services include Visa, MasterCard, Discover, American
Express, Diners Club, Carte Blanche, and JCB. For receipts
and invoices, you may print just the last four digits of the
With the Modem Server Option, multiple registers may share a
telephone line and process multiple credit card transactions
more quickly by maintaining an active phone connection to
CPGateway service is available for fast (2-second)
Internet credit card authorizations.
of integrated credit card processing include:
Entry, the credit card is swiped through the magnetic stripe
card reader. Card information is read, and the amount is
authorized over a dial-up or Internet connection. The
processor returns an authorization number or a decline.
Capabilities are provided for call retry and for a backup
phone number. Any number of credit cards can be used on one
ticket, and multiple cards of the same type are also
automatic charge authorizations
errors and fewer chargebacks
cost of accepting credit cards
hand-recording of card information
- No paper
slips to deposit at the bank
rekeying of card information
separate credit card terminal
only commits the cardholder's credit line. Funds are not
actually transferred until the transactions are settled,
typically at the end of the day.
receipts print the credit card information required by the
processor. Receipts can support one- or two-part paper with
a signature line, as well as an abbreviated sales draft
(that doesn't list the merchandise sold).
Pre-Settlement List allows you to review the day's
activities prior to settling the transactions.
Funds may be
settled (electronically transferred) with the credit card
processor daily. For most card types, settled funds are
transferred via ACH to your local bank within two business
Built-In Debit Card Processing
debit card processing is provided for merchants who process
under the CounterPoint Merchant Program or any of
CounterPoint's Preferred Processors. Debit card processing
(with DUKPT support) requires the use of PIN pads and is
available for Point of Sale.
Built-In Check Authorization
CounterPoint includes check authorization capabilities
compatible with Certegy (formerly Equifax, formerly
Telecredit) and Telecheck (using Telecheck's
Radiant-compatible processing service).
CounterPoint supports check processing with CMP, First Data
North, First Data South, and TSYS. (All processors other
than CMP require the Credit Cards Option).
stamp processing is available when processing with CMP,
First Data North, or TSYS. EBT requires the use of PIN pads
and magnetic stripe card readers
Credits, Gift Certificates, and Shopping Cards
Multi-Site support is provided for store credits and gift
certificates. Credits and certificates can be issued,
printed, partially redeemed, reissued, voided, and combined
with other documents.
Rechargeable gift cards and shopping cards (stored value
cards) with magnetic stripes are also supported.
Verification Service (AVS) reduces credit card fraud by
confirming the customer's address. AVS is primarily used in
mail-order or ecommerce applications where the physical card
is not present.
processing does not affect whether or not the charge is
approved. Instead, it informs the user whether or not the
address provided by the customer matches the address
information on file with the credit card company so that the
merchant can decide whether or not to process the order.
CVV2/CVC2 provides additional AVS information by sending the
extra three or four digits printed on the back of the card
to the processor.