Credit Card Processing & Merchant Account Services
Credit Card Processing & Merchant Account Services
Credit Card Processing & Merchant Account Services
Credit Card Processing & Merchant Account Services
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Debit Card Processing
 
Debit Card Processing

Tap into the Potential of Debit
Consumers themselves have created the growing demand for on-line debit cards, which directly access deposit accounts, by making them one of the fastest-growing payment types at the point of sale.

With Paynet Systems, you'll be in an ideal position to profit from all the strengths of on-line debit processing:
  • A flat, low-cost tender fee structure makes Paynet Systems on-line debit processing the lowest-cost form of guaranteed payment available. Compare that with credit cards or off-line debit transactions through credit card issuers, which are usually based on a percentage of purchases, and your savings can be enormous.
  • Real-time payment, with authorization or denial just a few seconds after a shopper swipes a card and enters a PIN - but before he or she leaves with merchandise - eliminates the risk of accepting a bad card or check.
  • Since the cardholder's secret PIN replaces a signature, the possibility of fraud is reduced significantly.
  • Compared with cash, on-line debit purchases lead to higher average tickets and increased impulse buying.
When you think of the explosive increase in online debit card issuance, it's only natural to think of Concord - the largest debit processor in the U.S. - as our debit partner. As a pioneer in making on-line debit processing available to retailers, we can provide all the hardware, software, and other support you need to accept on-line debit payment, including the following:
  • Direct links are tied to virtually every debit card network in the nation, including STAR®, MAC®, Cash Station®, NYCE® and Pulse®.
  • BIN (bank identification number) technology identifies off-line debit card transactions and prompts the consumer to enter a PIN (personal identification number) converting the purchase to more profitable on-line debit processing on the spot.
  • BIN management automatically updates BINs and downloads files at the store-level to safeguard against invalid transactions, whether on-line or off-line.
  • Direct processing of adjustments are with each regional or national debit network.
Debit Network Sponsorship
The debit networks require that a member bank sponsor a retailer, which allows the retailer to accept each of the specific branded PIN-secured debit cards. As the sponsoring bank, Concord accepts certain obligations if the debit networks on the retailer's behalf, including:
  • Ensuring the retailer displays debit network brands correctly
  • Accepting liability in the event of fraud and/or disputes that cannot be reconciled.
Concord integrates sponsorship into our PIN-secured debit processing, providing the convenience and assurances of a single-source provider.

WHY TAKE DEBIT/CHECK CARD PROPERLY?

Fact: About 30-40% of credit cards used today to pay for products/services are now debit/check cards. This trend can result in a significant volume of savings in monthly Visa/Mastercard processing rates and fees.
 

Credit Card Charge

Debit Card Charge

If you process a $100 debit card order on your terminal, and do not have a PinPad, this is what it will cost you:

If you process a $100 debit card order, and your customer enters their PIN number on your Pin Pad, this is what it will cost you:

1.60% plus .24¢ transaction fee $ .54¢ or Less Depending on Debit Network
Total Cost: Total Savings with PinPad:
$1.84 Per Transaction $1.30 TOTAL SAVINGS PER TRANSACTION

 

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Paynet Systems, Inc.
The Direct Source For Your Business Credit Card Processing Services
Credit Card Processing Equipment & Merchant Account Services
Email: info@paynetsystems.com APPLY ONLINE or Call Us Today 1-800-809-1989
Paynet Systems offers more than just Guaranteed Lowest Prices - WE OFFER SERVICE!
Read Our Customer Testimonials to see why more than 30,000 businesses trust Paynet Systems
to provide their merchant account and credit card services.
Credit Card Processing & Merchant Account Services and Solutions by Paynet Systems
Contact us today to find how Paynet Systems can assist you with your credit card processing needs.
Paynet Systems specializes in providing merchant account services and credit card processing across the
full spectrum of business types and sizes. From start-up small businesses to Fortune 500 corporations,
Paynet Systems can provide the solutions and support your company requires.
Do you need a credit card machine? Click here to view our credit card processing equipment and solutions.
Do you already accept credit cards? Contact us so we can show you how switching your merchant account
service to
Paynet Systems will increase your profit margins without raising your prices!
Consumer Advisory!
If you are considering a “Free Equipment” offer, read this first.
PAYNET SYSTEMS - AN EXPERIENCED LEADER IN CREDIT CARD PROCESSING & MERCHANT ACCOUNT SERVICES
Contact us to start or switch your business’ Credit Card Processing & Merchant Account
Services Start accepting credit cards today!
 
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Paynet Systems, Inc.
5955 Shiloh Road, Suite 100
Alpharetta, GA 30005
1-800-809-1989
email: info@paynetsystems.com
Paynet Systems, Inc. is a registered ISO/MSP of Wells Fargo Bank, N.A. Walnut Creek, CA.
American Express® and Discover® require separate approval.