Most of time transaction is "settled". However there are a variety of reasons it may "reject" or become a "return". NSF, closed account, invalid account are some of many reasons. You also have potential (as in a credit card transaction) of a chargeback by consumer.

For reasons detailed above TPP typically imposes a 4 day hold on funds to mitigate risk they would be exposed to if they gave faster credit. Here is a risk scenario. A business is credited $10k on Wednesday for transactions performed on Monday. Return information comes form customer bank and bottom line is that $5k was "returned". That $5k has to be debited from business that initiated transaction. If TPP is unable to get that $5k they are on hook. This goes to heart of risk mitigation.

In summary ACH processing is not an instantaneous transfer of funds. Most of time you will find out through your reporting within 48 hours if transactions is going to result in a "return". You can use our advanced verification products to reduce your exposure to potentially unsuccessful transactions. In conjunction with advanced recollection techniques you can enjoy efficient payment processing.

If your business possesses an IT staff and sufficient transaction we can in cases provide you a direct relationship with a bank with a Fed Line. Contact us for details.

©2004 by Wayne Akey

Once you obtained all that information you need, click on th OK button. Hit back button to return to previous page and click on delete item button.

Safety Tip # 3: When you order on Internet using your credit card, rest assured that most credit card companies have provisions for challenging fraudulent charges. Nevertheless, be sure to print out a copy of your order and keep copy with your records.

Safety Tip # 4: NEVER provide personal information, such as your social security number or checking account information to process credit card transactions. The vendor needs only following information to process credit card transaction: your full name as it appears on card, your billing address, your phone number, Your E-mail address (in case there is a need to communicate with you,) your credit card number, The security code (3 digits by magnetic strip of Visa and Mastercard or 4 digits on front of an American Express Card), card's expiration date.

Now go on - shop on Internet have fun, save time and hassle and get what you want from privacy of your home or office. !

************************************************************ Copyrights © 2004 All Rights Reserved Nily Glaser, A-wedding Day and Gan Publishing

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Nily Glaser is the founder of A-wedding Day, http://www.a-weddingday.com a very popular Wedding portal. Offering a Discount Mall - not just for weddings -, an Information Center and an Affiliate Program. She is also the publisher of the free A-wedding Day newsletter at: http://groups.yahoo.com/group/a-weddingday/join Additionally, Nily creates personalized unity candles including invitation and photo candles. http://www.candlesbynily.com