Touch tone processing

Collect payment immediately after delivering products or services using our Interactive Voice Response (IVR) system. It is the most cost-effective means of accepting credit cards and a popular solution for start-ups who have a low volume of transactions. Talk to one of out dedicated VersaPay relationship managers for more information on how you can leverage this simple solution with your small business merchant account.

Benefits:

• Process payments in Canadian of US dollars
• Make use of Address Verification Service (AVS) and Card Value Verification (CVV2) to minimize risk of fraud
• No need to invest in a credit card processing terminal

How does it work?:

1. Your customer orders a product by phone, fax, mail, or in person with a credit card.
2. Call the 1-800 TTC number and key in your access code.
3. TTC confirms the transaction details and provides an authorization code to be recorded on imprinted sales draft.
4. VersaPay deposits the money into your bank account with 24 hour daily deposits.

It’s that easy! Touch tone processing is the most economical solution for accepting credit cards and a popular mobile payment processing solution for new businesses with relatively low number of transactions.

Conact a VersaPay relationship manager to learn more about how you can optimize your merchant account with touch tone processing.