One of the capabilities of using our Virtual System for ACH is the easy and simple method of inputting data to process a debit or credit entry.  This demo goes over the step-by-step process of check entry from the Merchant’s point of view.

TELEDRAFT now offers and integrated solution for Payroll Processors to facilitate direct deposit of payroll funds via ACH Credits. The system is designed to work seamlessly with the payroll software and allow deposit files processed by 6:00 PM Eastern Standard Time to be credited overnight to the receiving employee. The system reads the payroll file, tabulates the file total and generates a simultaneous electronic Debit to the Employer of Payroll Service Provider’s funding account. The funding account can be at any bank in the US.

The Payment Gateway can be utilized for:

Online Payments

The Gateway is certified with the most widely used and popular internet shopping carts. This makes it easy to instantly payment enable most any online store. A web services API is also available to allow any Developer to efficiently integrate online payments into their own site in order meet their individual needs.

Virtual Terminal

The Gateway also offers a Virtual Terminal Application in order to facilitate payments accepted over the Telephone or where payment information is provided by mail or in the form of a service of subscription agreement. The Virtual Terminal requires no software or activation process. It can be accessed anywhere an internet is available.

Batch Payments

Billing files can be securely uploaded to the Gateway for processing in a wide variety of file formats.

Card Swipe Transactions

A simple and inexpensive magnetic card reader can be connected to any laptop or PC accessing the Gateway enabling the Gateway to take the place of a credit card terminal and allow transactions to be cleared at the more desirable card swipe interchange rates.

Recurring Payments

Set up recurring payments in minutes. Open up the Recurring Billing Module and enter the customer payment information. Set the date on which you want the payment to reoccur, when you want it to begin and end. The system will store this information and automatically process the payments on the dates indicated. The system can also be instructed to send a notification email or receipt to the Payer each time the payment is processed.

Gateway Emulator makes it easy to switch from another gateway provider without having to rework or reprogram. The Emulator automatically understands other gateway formats, interprets their incoming transmissions and responds with their native message. By utilizing the Emulator merchants save considerable time and expense.

Secure Payment Vault

The Secure Payment Vault securely and compliantly stores the sensitive cardholder data for your customers. When a payment is processed for a returning customer or subsequent billing, it retrieves the information for that customer based upon your customer number. This allows you to retain payment information without the intense and costly data security requirements which would be necessary if you were to provide this function internally.

Let our Technical Sales Specialists assess your individual needs and assist you in devising and deploying an optimal payment solution.

Call us at 1-800-848-5826 or email us at info@teledraft.com, or apply for a TELEDRAFT account now.

TELEDRAFT offers a wide array of terminal devices, software, mobile wireless and internet based solutions to meet the needs of most businesses of any size.

Accept Visa, MasterCard, Discover Card, American Express, Debit and Check Cards. Avoid much of the complexity, unnecessary costs and unpredictable fees associated with conventional merchant service providers. TELEDRAFT’s unique “Interchange Pass-Through Programs” eliminate unmanageable interchange related costs and our “Interchange Qualification Programs” act to insure that your transactions qualify for the lowest and most desirable rate of interchange available to you.

TELEDRAFT’s Secure Internet Gateway and Payment Vault allow you to meet all PCI/DSS (Payment Card Industry Data Security Standards) requirements without any investment or additional resource requirements.

Let a TELEDRAFT Technical Sales Specialist assess your payment needs an efficient and economical credit card acceptance program to meet the individual needs of your business.

Sensitive payment data can be stored independent of your billing system in our secure payment vault. This allows you to generate the billings in your system while we store the payment detail by customer number. When you deliver the batch for processing, we append the corresponding payment detail and submit the transaction to the bank card associations and Federal Reserve for clearing and settlement.

Batch Billing can be a very efficient and practical method for receiving payment for many businesses and industries. The TELEDRAFT System is designed to allow the process to work as seamlessly as possible with your current internal systems and software while allowing you to remain compliant with the necessary industry security protocol standards.

The TELEDRAFT System also provides a wide array of web based reports and tools to assist you in managing the payment process flow, reviewing transactional detail as well as balancing your deposits.

Let our Technical Sales Specialists assess your individual needs and assist you in devising and deploying an optimal payment solution.

There is no software to buy or install and no programming or set up process. The system is easy to use by following the simple user guide or calling customer service for live, personal training.

To use the Virtual Terminal, simply go to www.teledraft.com and log into the TELEDRAFT System and open the Virtual Terminal. Enter the applicable payment information for the buyer and click submit. Your transaction will be processed instantly.

There is a Virtual Terminal Application for ACH processing only and for combined ACH and credit card acceptance.

Direct from the Virtual Terminal you can access a wide array of reports. You can see the status of your transactions, the details on each payment and Payer and if any ACH items have been returned. You can generate daily, weekly or month end reports and import the appropriate details into your QuickBooks® or other accounting or customer management systems.

When servicing face to face environments where credit card payments are accepted directly from cardholders, an inexpensive magnetic card reader can be attached to any USB port on the merchant’s computer. When cards are present for the purchase, they can be swiped through the reader and a receipt with the signature printed. This allows these payments to clear the card associations at a much lower interchange rate thereby reducing the overall cost of payments. Additionally, the provision of the magnetic stripe data, cardholder address and signature, make it easier to contest any customer chargebacks.

Let one of our Payment Specialists determine the Virtual Payment Solution that will be ideal for your business.

The system can also be used for businesses generating their payroll in QuickBooks® and wishing to pay those employees via electronic direct deposit.

The application is designed for QuickBooks® Financial Edition, PRO, Premier and Enterprise Editions 2005 through 2008 and offers the following features:

• Credit Card and ACH transactions are automatically applied and posted
• Process multiple invoices
• Supports Windows Vista
• Accept card present transactions using a simple magnetic card reader
• Also Supports QuickBooks® POS
• Electronic Bill Presentment from your QuickBooks®
• Handles Sales Tax

Additionally, merchants using the TELEDRAFT Gateway can use the QuickBooks® export utility feature to easily import payment details into QuickBooKs® to update receivables.

This system automates the accounting and payment process for small to medium size businesses that rely on QuickBooks® to generate payroll or billings.

Let our Technical Sales Specialists assess your individual needs and assist you in devising and deploying an optimal payment solution.

In most instances, TELEDRAFT can design a program which addresses the risk issues of your sales model while minimizing the cost and other burdensome requirements.

While not all businesses will qualify for a TELEDRAFT High Risk Merchant Program, a TELEDRAFT Payment Specialist will evaluate your situation and assist you in determining a practical and economical approach to your payment needs.

TELEDRAFT offers a wide array of terminal devices, software, mobile wireless and internet based solutions to meet the needs of most businesses of any size.

Accept Visa, MasterCard, Discover Card, American Express, Debit and Check Cards. Avoid much of the complexity, unnecessary costs and unpredictable fees associated with conventional merchant service providers. TELEDRAFT’s unique “Interchange Pass-Through Programs” eliminate unmanageable interchange related costs and our “Interchange Qualification Programs” act to insure that your transactions qualify for the lowest and most desirable rate of interchange available to you.

TELEDRAFT’s Secure Internet Gateway and Payment Vault allow you to meet all PCI/DSS (Payment Card Industry Data Security Standards) requirements without any investment or additional resource requirements.

Let a TELEDRAFT Technical Sales Specialist assess your payment needs and recommend an efficient and economical credit card acceptance program to meet the individual needs of your business.

Due to PCI/DSS (Payment Card Industry Data Security Requirements) it may not be practical for the client’s system to store cardholder data. In this case the cardholder and/or checking account information would be stored securely and compliantly on the TELEDRAFT system and charges would be initiated to card accounts on file once the billing file containing the customer numbers is passed to the TELEDRAFT System. This system makes the billing process simple, secure and compliant.

TELEDRAFT can support and work in concert with most any billing software. Our Technical Advisors can also work with Software Providers or Developers to enable seamless billing and payment integrations to add important value and functionality to their solutions and systems.

Let our Technical Sales Specialists assess your individual needs and assist you in devising and deploying an optimal payment solution.