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Card Acquiring Service
Features & Benefits
FEATURES
- Settlement and transfer of funds to agencies
- Chargeback assistance
- Daily account activity, deposit and transaction information retrievable online
- Supports processing of payments made to agencies over the Internet
- Dedicated support team for Federal agencies and 24/7 Agency Support Line provided by acquiring bank
BENEFITS
- Eliminates bad checks
- Reduces holdings of cash
- Provides next-day availability of funds
- Low risk collection mechanism for agencies
- Supports Federal agencies and their programs with the collection of card payments
- Offers convenience to customers
- Ability to make collections from individual consumers and businesses
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