Credit Card Touchtone Processing

Touchtone Merchant Account Overview

A touchtone merchant account allows smaller businesses that do not want to purchase a credit card machine or use a virtual terminal to process credit cards. The merchant is able to accept credit cards anywhere they have access to a phone, call a toll free 1-800 number and use the easy to follow automated system to process the cards. There is no equipment to purchase, lease or rent. Merchants can use this quick and easy system anywhere they go and with any phone they have.

How to Operate a Touchtone Account

The merchant accepts the order, whether it is by phone, mail, fax or internet and they call the 800 number for the bank. The merchant will then enter their information that will distinguish their business and proceed to enter the card holder’s information. The approval takes only a second. The 800 number also allows for authorizations, refunds and order cancels. All normal procedures can be performed with the toll free number and touchtone processing.

Creating Receipts with a Touchtone Merchant Account

Since this merchant account solution does not have a printer, there is a need for the merchant to have a manual credit card imprinter. This will allow for merchants to have a imprinted sales slip that can be signed and presented to the credit card processor or have a copy given to the customer. This is the only way that a merchant will be able to create their own receipts.

Touchtone Alternatives

As you can see, touchtone merchant accounts are for the merchant that is not processing many transactions but wants to give their customers the option to pay with credit cards. There are a couple other solutions for these merchants when they start processing several transactions per month. The first option is to purchase, lease or rent a credit card terminal and swipe transactions through to process orders. An automated receipt will print that can be signed and another one is for the customer.

Merchants can also signup for a virtual terminal. This is a great option for companies that are growing an online or phone based business instead of a face to face one. They can use the free shopping cart and the easy website integration.

Is there a cancellation fee or termination fee with touchtone?

There are never any cancellation or termination fees with touchtone merchant accounts when you choose to process with Power Pay Services. Don’t lose another sale because you are not accepting multiple payment methods. Accepting credit cards is not expensive!

Setup a credit card processing merchant account today!