Sale - A sale is a transaction that is authorized and captured for settlement. After a sale
is processed, the transaction is automatically flagged to be settled.
A sale can be voided prior to settlement and must be refunded to reverse the
transaction if the transaction has been settled.
Authorize - Authorize is used to check of there is sufficient funds in the Credit Card
inventory. When a transaction is authorized, it indicates that the Credit Card
has adequate funds in the stock.
Capture - Capture is used when a transaction has been authorized and ready to be settled.
Void - A void can be performed on a transaction prior to settlement. To void a
transaction, simply enter the Transaction ID in the void area under the
Virtual Terminal section.
Refund - To refund a transaction, simply enter the Transaction ID and the amount you wish to refund.Merchant can choose to make a full refund or a partial refund.
Reports - Search for specific transactions
by any of the default or
merchant defined fields. Sort data by credit card type in your batch settlement report. Search for a transaction ID and while viewing the transaction details, the user can email or print a receipt, void a non-settled transaction and authorize a new charge.
Every merchant account will have to stay compliant by completing a SAQ Self Assessment Questionnaire every year or they will be charged a monthly PCI non compliance fee. PCI monthly & annual fees may still apply to a merchant account based on PCI Tier level of business.
