Fast credit card processing

From WikiCover

Announced July 12, 2007, small and medium-sized businesses with a broadband connection from Verizon Online have a new option that offers faster discounted credit, debit and payment processing services: Verizon Merchant Services, Payments Powered by Chase Paymentech.

By using credit card processing services, offered through Chase Paymentech, businesses can expand or begin processing credit or debit transaction services for their customers. The ability to accept credit or debit payments using Verizon's broadband-based service speeds checkouts and pleases customers.

Depending on the volume of transactions processed, the payment processing discounts offered to Verizon's broadband business customers can completely or partially offset the monthly cost of the merchant's broadband connection. Verizon's small-to-medium-sized business customers can choose from a range of Chase Paymentech-approved payment terminals supporting a full spectrum of electronic-payment options. Also included is the option of a wireless broadband terminal that can be used virtually anyplace within the retail space.

Verizon's business broadband customers, using an IP-enabled terminal with Verizon's up to 3 Mbps (initial connection speed) high-speed Internet connection, will be able to process each transaction in a fraction of the time it would take with a dial-up connection.