Thinking About Accepting Debit and Credit Cards? First, Get It In Writing.

October 12, 2017         By: Payment Week

DANVERS, MA — October 12, 2017 — Locally-based Payway Complete pulls the curtain back on the complicated, and fee-riddled, credit card ecosystem in a newly published eBook for merchantsThe Ins and Outs of Credit Card Payment Processing.  Created to help demystify credit and debit card acceptance, this short, concise tutorial lays out the roles and responsibilities of the seven players involved in a transaction. It also explains the process of when merchants ultimately get their money and how much they have to pay in return for the convenience of accepting the cards.  “The goal of this eBook is to explain to merchants in clear and concise language who is involved in the processing of a credit or debit card transaction and, frankly, how to make sure you’re not getting overcharged,” says David Fabrizio, Principal and Co-Owner of Payway Complete. “The credit card payment ecosystem is not only complicated; it involves a number of Goliaths. Someone has to represent the interests of the merchants, and that’s what this eBook is all about.”

In addition to spelling out the payment system players and their roles, The Ins and Outs of Credit Card Payment Processing eBook also explains the various steps involved in each transaction, the different types of payment models, and security protocols for protecting credit card information.  Download a copy of The Ins and Outs of Credit Card Payment Processing here.  To learn more about Payway Complete and its services, visit paywaycomplete.com.


About Payway Complete

Payway Complete is an integrated payment processing solution developed by Edgil Associates, a privately owned, Level 1 Service Provider in the payment card industry, reinforced by user-friendly tools for scheduling, account updating, reconciling, and reporting.