Credit Card Processing (IC Verify)

Objective - To provide the ability to pre-authorize a customer's purchase against their credit card at the time of order entry and to bill the customer's credit card at the time of invoicing while instantly updating related SYSPRO modules.

• The Value of Credit Card Interface for SYSPRO
  • Promotes faster revenue by collecting up-front payments from customers via the convenience of credit cards
  • Sales transactions are pre-authorized and charged to the customer's credit card at the time of sale, thereby reducing the risk of non-payment
  • Integration helps reduce data entry errors and simplifies the process of electronic payment acceptance.
  • IC VERIFY software allows a network of POS registers or payment processing terminals to share a single modem, helping to reduce the investment required to automate payments
  • Support for Address Verification Services (AVS), Retail AVS, CVV2 and CVC2, minimizes fraud due to stolen or fraudulent cards
  • Easier to use than outdated proprietary systems or stand-alone authorization terminals
• Matching SYSPRO to Your Business
  • Allows for one time payments or installment-type (recurring billing) sales
  • Payments can be made in installments with a variable number of installments and payment dates
  • Archive up to nine years of transaction information for financial tracking, reconciliation & marketing demographics
  • Freight, miscellaneous charges and tax can be included in the first installment or spread over the number of installments
  • Provides automatic prompts for credit card details
  • Stores credit card information for multiple cards per customer
  • Authorized transactions display authorization codes and verification of installment information
  • Explanations are provided on screen if a card is denied, allowing the user to re-enter information or choose another card
  • Caters for counter sale orders and standard orders
  • Allows for on-line, batch and installment transaction processing
  • Transaction information can be updated or changed on the fly
  • Unique IC Verify workstation numbers are supplied to each authorized user
• Audit Trails and Reporting
  • Instantly updates Accounts Receivable payment history files with transactions
  • For batch processing, a report displays payments that were authorized, those that were denied, and the reason for denial
  • An installment sales report shows the original sale amount and payment mode
• Payment Types Supported
  • Credit cards: Visa, MasterCard, American Express, Discover Card, Diners Club, and JCB
  • Visa Commercial cards and purchasing cards
  • MasterCard business cards, corporate purchasing cards and corporate fleet cards
  • Debit/ATM cards (PIN and non-PIN based); Note: Varies by processor
  • Fleet cards (for petroleum applications)
  • Check authorization
  • Check guarantee