No credit card numbers are stored in any system at InternetSecure. This information is captured and stored off-site by financial processing institutions. Delivery of authorized consumer orders for merchant fulfillment. InternetSecure notifies the merchant of all approved orders in real-time, via email or by other electronic methods. Draft capture and settlement of Visa and MasterCard transactions.
Electronic funds transfer to merchant bank accounts.
Based on your agreement with InternetSecure as to holdback percentage and timing of deposits, we will electronically transfer funds from the trustees accounts to the bank account designated by the merchant. Both Visa and MasterCard monies can be transferred to an account and financial institution of your choice. Merchant sales reports daily and monthly. This information will be made available to all merchants, so they can to review daily sales in a secure on-line manner. The monthly report will provide a summary of all transactions by card type, funds on hold, fees to InternetSecure and funds transferred to your bank account.