Touch-Tone Payment Processing is a very economical way to get you up and running if you expect small transaction volume, if you're out in the field or if you just don't know if you need a credit card terminal yet.
How does touch-tone payment processing work?
Touch-Tone Payment Processing provides self-employed professionals and small businesses an easy way to take credit and debit cards.
By dialing an 800 number from any touchtone phone, payphone, or from an ordinary cellular telephone, you are connected to an interactive voice response unit. Using the telephone's keypad you will key in the required information as it is prompted, such as your merchant PIN number, the customer's credit card account number, expiration date, CVV2 code, and the dollar amount of the sale.
Once approved, the credit card transaction is captured and held for settlement which automatically occurs once each night. The funds are electronically transmitted via the Federal Reserve's ACH system to your business checking account at your local bank.
There are no sales slips to mail or time consuming trips to the bank to deposit credit card drafts. Every month you will receive a statement detailing each day's credit card sales. This can be easily reconciled to the checking account statement you receive from your bank.
What do you need for Touch-Tone Payment Processing?
All you need to get started is an Eagle Merchant Services' merchant account and any type of touch tone (keypad) phone, payphone, or any ordinary cellular telephone.
Plus, only at Eagle Merchant Services, besides getting the lowest cost for credit card processing, any seasonal merchant who is on Eagle Merchant Services' system for six months can turn-off their next six-month calendar period and receive no billing during the turn-off period!
Unlike many other merchant service providers who charge seasonal merchants monthly minimums and billing fees all-year-long, we shut-off billing during your "off-season." A reason why so many seasonal merchants call Eagle Merchant Services their preferred credit card processing company.
Another seasonal merchant option includes using a manual imprinter.
A manual imprinter for credit card processing is beneficial for primary sales acceptance or as a backup credit card processing machine. With low startup costs, credit card payments can be accepted in face-to-face customer transactions in an economical and cost effective manner.
Many trade show merchants, Christmas tree farms, contractors, landscapers, craft shows, food delivery services and in home sales merchants use a manual imprinter.
If you are a seasonal merchant, give us a call and we can help plan your processing fees and calculate your real costs. We promise a fair comparison to ensure a clear picture.
Reach us at 1-800-255-0898 during regular business hours of 8:30 am to 4:30 pm (Central Time) or you can complete an online form here and we will call you at an appropriate time.
Ritas Ziupsnys, Pres.
Eagle Merchant Services