Used when a merchant processes on a regular phone line, accepts pin based debit transactions and is MLS most commonly sold piece of equipment.
What is Nurit 2085?
100
Another way to describe an Individual Sales Organization such as Merchant Lynx Services.
What is ISO?
100
The percentage charged for a purchase using a standard credit card with no rewards/benefits from that purchase.
What is 1.69%
100
Program designed to assist merchants that have many transactions with low average tickets.
What is Small Ticket?
100
This typically happens after the sale is complete and the paperwork is done but before you leave the merchant.
What is the verification?
200
Terminal used by mobile merchants to process credit card transactions both manaually and by swiping.
What is vx670?
200
The three digit number printed on the back of the card next to the signature panel could also be said like this.
What is CVV?
200
The authorization fee charged for all transactions rather swiped or keyed.
What is .20?
200
The program designed to reduce the cost for merchants that have most or all of their transactions "keyed" in.
What is MOTO account?
200
Processing paperwork, verifying leases, calculation of commissions and answering phones are just a few of his/her responsibilities.
Who is the Underwriter?
300
This terminal is designed for merchants who need ethernet capabilities and multiple applications like check services or gift cards but not multiple accounts.
What is HYPERCOM 4220?
300
The procedure that must be followed by merchants using the MOTO program in order to receive the best rate.
What is AVS?
300
The qualified rate plus .50 basis points.
What is Mid-Qualified or 2.19%
300
Can be used for renovations, expansions, taxes, advertising and equipment purchases with a minimum monthly processing of $4000.00
What is CASH ADVANCE?
300
Not a guaranteed sale rather a window of opportunity to present our program.
What is a lead?
400
Used with any Verifone or Nurit terminal for processing pin based debit transactions.
What is P1000se pinpad?
400
This is found by dividing the now with the volume.
What is the TR or (true rate)?
400
The rate charged in a restaurant for a debit card transaction when no pin pad available.
What is 1.49 + .20
400
The cardholder and the card are present, swiped and signed for with no issues, and the rate is 1.69% and .20.
What is RETAIL PROGRAM?
400
Smile, Eye contact, enthusiasm, Listening and Appearance are all ingredients of this.
What are the five steps to a successful presentation?
500
Terminal that can be used with a phone line or ethernet and will hold multiple accounts and multiple applications.
What is vx570?
500
One Touch, Micros, Aloha, Direct Touch and Microsoft are just a few of these types of systems.
What is POS?
500
The non pin debit rate for a Deli of Cafe when the average ticket is less than $15.00
What is 1.89 + .05
500
Conversion to an electronic image and automatically deposited or guaranteed for a period of time are both options with this program.
What is CHECK SERVICES?
500
These are the 5 steps to a sale.
What is Intro, Short story, Display, Close and Rehash?