Process
Debit Card Transactions
with the Verifone Pinpad 2000
for the Reporting to the MAX
Point of Sale for Windows now features the capability to
process debit cards. Debit cards function in much the same way as credit cards with one
exception, when a charge is made against a debit card, the amount of the charge is
subtracted from a personal checking account that the card is assigned to. A PIN (Personal
Identification Number) is required for a debit card transaction to take place. Because
debit card transactions require a PIN, a device is needed that allows for the input of PIN
information as well as debit and credit card numbers. The Verifone Pinpad 2000, a hardware
device that attaches to your computer via a serial port, provides this interface.
The Verifone Pinpad 2000 works like any other
authorization system. When a debit or credit card transaction occurs, the Verifone device
collects the account number, expiration date, transaction amount, and in the case of a
debit card transaction, the PIN. It then sends the information to the bank processor and
returns back verification of acceptance or failure of the transaction. For additional
information on the Verifone Pinpad 2000, contact Reporting to the MAX at (714) 228-5444. |