Merchants, however, are faced with many decisions and difficulties related to credit card authorization and settlement. Accounting, security and value are of great concern. CreditLine addresses those issues and hides the complexity from the end user, while offering a swarm of features, excellent flexibility and tough security. Credit Card Processors Credit card processors are responsible for receiving credit card information, passing it on to the banks and returning any necessary information regarding the credit card.
Processors charge various fees for their services.
CreditLine acts as a broker by allowing to switch between processors on the fly to minimize the impact of the processor fees on the customer. CreditLine uses attached modems to communicate to credit card processors over phone lines. CreditLine allows a different Processor to be associated with each card type available. If Authorization is not included in Batch, the credit limit is restored and merchant does not receive any funds. CreditLine contacts Processor associated with the card to be authorized.