Tags: settle

Poynt Reports and Settlement

Auto-Settlement TimesSettlement batches are groups of credit card transactions that must be sent to processors and submitted for settlement. As this completes the transaction, this process is usually conducted on a daily basis and may either be done manually or automatically on the Poynt Smart Terminal. To adjust your “auto-settlement” [...]

Why is daily settlement (batching) important?

To set the stage – there are two distinct portions of any credit card transaction. The first is known as the authorization, which happens in real-time, when you swipe/dip/key the card into your system. You’ll receive a real-time response from the card-issuing bank of “approved” or “declined”. The second step [...]

How do I use the First Data FD-150 terminal?

FD-150 Terminal Guide Click here for the First Data interactive FD-150 Terminal Guide Download the Quick Reference GuideClick here to download a two-sided Quick Reference Guide that you can print and keep next to your FD-150 terminal. Click here to download a Setup Guide to walk you through the initial [...]