It is connected to your financial institution s credit card clearinghouse for validation and settlement for security and reliability. There is no need to change banking relationships because it uses existing credit card merchant IDs when processing transactions. There are no additional fees for credit cards that your bank already processes. Hundreds of schools use the TouchNet Payment Gateway because they realize the strategic importance of providing e-Commerce solutions to their customers.
Benefits Provides a direct connection to credit card clearinghouse.
Eliminates the middlemen. Once you have purchased the TouchNet Payment Gateway, there are no additional costs. There is no monthly commission due to TouchNet on your transactions. There is no intermediary, and therefore, no fees per transaction. There are no per credit card fees.