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Clearing and Settlement

Need explanation about clearing and settlment (1 viewing) (1) Guests

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TOPIC: Need explanation about clearing and settlment

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#43

SmartPay (User)

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Posts: 9

Need explanation about clearing and settlment 3 Years, 8 Months ago

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Hi,

I am working on a project were we are going to deploy POS terminals at our clients. The POS will connect via IP to our SSL/Gateway, we will accept both debit and credit cards. The debit will be settled by our third party processor, but we need to handle the clearing and settlement for the credit cards. I hoping by posting here that someone could give me some direction on what I need to do, to handle the clearing and settlement.

Regards,

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