New Retail Storefronts

Congratulations! You've got your store up and running, or you're about to take the plunge. Now you're wondering how credit card processing works for on-site, face-to-face transactions at your place of business.

Here's a quick review; remember—all this only takes seconds:

Your customer presents a card to you (the merchant) to pay for purchases.
For face-to-face transactions, you simply swipe the card or key in card information. The terminal securely transmits an authorization request to the payment processing platform.
The payment processing platform sends the information to the customer's card issuing bank. It approves or declines the transaction (after checking card validity and balance) and sends the response to your terminal's display screen.
If approved, you complete the transaction (after comparing the customer's signature on the sales slip to the one on his/her credit card, and asking for ID, if necessary).
You settle your sales daily, either manually or through an automated process that PCIMerchant can set up with you.
Our payment processing system deposits funds into your checking account, usually within two days after the original purchase.

Rate Information	PCI Merchant Account	Industry Averages
Qualified Transactions	1.69% + $0.20/transaction	1.79% + $0.20/transaction
Application Fee	$0.00	$100.00
Annual Fees	$0.00	$50.00
Statement Fee	$10.00/month	$15.00/month

The basics are the same but the process is slightly different for online purchases, made through a merchant's website. Click here to see how e-commerce payment transactions work. Still have questions? Call PCIMerchant at (877) 724-4454 for a free consultation.