High-Speed Electronic Credit Card Processing
Why process credit cards through TSD instead of a standalone terminal?
It's as easy as 1-2-3.
1. Save Time
- Send authorizations and daily batches over a high-speed Internet connection, reducing your processing time and increasing efficiency.
- TSD Credit Card Processing interfaces with TSD RENTAL.NET Management Software, so credit card authorizations and payments are associated with your accounting information, without the need to enter them separately later in the day.
2. Increase Security and Ensure Industry Compliance
TSD’s network infrastructure and data
protection have received the highest level of Payment Card Industry (PCI) security certification, ensuring that your credit card transactions and business data are transmitted and retained in a secure environment.
- All transactions are done securely and in compliance with industry standards, protecting you from fines.
- Credit card standards can be complicated. TSD training and Credit Card Processing helps to maintain compliance with the following standards, required for all car rental companies:
1. Card must be swiped.
2. Transaction is authorized and captured electronically.
3. Auto rental data, including open and close agreement date, must be present on each transaction.
4. Multiple authorizations and one reversal are permitted to ensure settlement amount is within 15% of authorized amounts.
5. Card holder signature must be obtained. TSD allows credit card transactions to be printed on the contract with a signature line.
6. Vehicle drop-off date must be the same as the transaction date when payment is taken at the return, and payment must be settled within 24 hours.
3. Save Money
- Save costs on credit card transaction fees and ensure accuracy and prompt payments. TSD ensures you are in compliance with industry standards, winning you lower rates and protecting you from penalties. Want to know if TSD Credit Card Processing can save you money? Simply call 800-743-1200 and we will examine your statement free!
- Avoid fees. In order to get the lowest rate, you must be set up as car rental. Not sure? Call 800-743-1200 today to find out!
- Credit card companies charge you for each authorization and reversal if you are not set up as car rental. When you are set up properly, you will be allowed multiple authorizations and one reversal without additional fees.
- Avoid charge-back losses. Because credit card information interfaces with TSD RENTAL, your charges and authorizations are automatically associated with the correct rental agreement. Otherwise, in the case of a dispute, you must be able to locate the exact hard copy record associated with the contract.
TSD High-Speed Credit Card Processing Makes Compliance Easy!
Focus on your rental business and let TSD provide you with the secure, money-saving benefits of High-Speed Credit Card Processing.
Call or Email TSD today for a live online demonstration!
800-743-1200 • sales@tsdweb.com