TELEDRAFT specializes in internet, telephone, ecommerce and integrated payment applications.
Merchant Services if often used to describe the services provided to an entity which enables them to accept credit and debit cards as a method of payment. The Merchant Service Provider issues the entity a merchant account, enables the processing of card payments, and insures that funds representing those payments are deposited in the entities bank account daily. Teledraft specializes in providing merchant services to internet, mail order and telephone order businesses.
Merchant Services with Teledraft Includes
- Individual Payments through Virtual Terminal
- Automated Recurring Payments
- Batch Billing
- Web Services
Individual Payments through Virtual Terminal
The Virtual Terminal within the TELEDRAFT system enables you to quickly and easily initiate bank card (and/or ACH) payments manually from any PC with internet access. You will receive an instant authorization for each transaction and can export transaction reports in a variety of file formats to include QuickBooks®. A payment receipt can then be automatically sent to the customer by entering their email address. If an ACH transaction is later returned unpaid the by the Customer’s bank, an email notification is set to you alerting you of the return. You can store Customer’s payment information (Credit Card and/or Bank Account Numbers) for use in later transactions along with a variety of optional information to identify and better serve Customers. In person, card present transactions can also be accepted by adding an inexpensive card reader to any PC.
Automated Recurring Payments
The Recurring Billing Screen allows you to schedule an automatic recurring bank card (and/or ACH) Payment on a specified cycle. That cycle can be a daily, weekly, monthly, bi-monthly or annually. An email receipt can be automatically sent to the Customer each time a payment is completed.Teledraft works with your business to make taking in payments as efficient as possible. Recurring Billing can be set up for any business model.
Batch Billing
If your software or system is PCI Certified to store Payment Information, you can generate a batch billing file in your preferred format and use the upload feature. If your system is not certified for storage of payment data, you can add the customer’s payment information manually from their card by using the Virtual Terminal and the upload a batch of billings containing the same customer number or ID number you entered when you created the record. The system will retrieve the payment data in the Customer Record and process the transaction.
Web Services
Our TDI Payment Gateway enables secure posting and processing of bank card payments by following the instructions in our simple, free Technical Guide (API). No cost technical support, advice and assistance are also available. Our guide and available options make the TDI Gateway an easy to use and efficient solution to secure electronic bank card, debit card and ACH payment processing. Our patent pending Three-Step API combined with our Payment Vault and Automated Security Scans removes the vast majority of the compliance burden, liability and expenses associated with PCI (Payment Card Industry Data Security Regulations Requirements. The TDI gateway is ideal to support ecommerce, web services and terminal services based software applications where payments are initiated.
