August 4, 2006, Newsletter Issue #26: Choosing Credit Card Processing Software

Tip of the Week

A quick feature guide to the right credit card processing software:

* You want accounting software that connects to your bank or processing company for credit card authorizations and settlements
* You should be able to integrate your credit card receipts with your sales order processing, accounts payable and receivable, cash receipts etc.
* You need support for both dial-up and high speed internet connections and secure Internet connections through TCP Internet Protocol and SSL
* You should be about to store credit card numbers in an encrypted database
* You need credit verification systems with Visa and MasterCard Electronic Commerce Indicator regulations
* You should be able to verify multiple addresses in association with your processed cards

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