Credit Card Processing

Introduction

This section of the application provides information on the credit card processing that a merchant has done in the past, or will be doing in the future. Typical information provided in this section includes things like the types of credit card transactions the merchant will be processing (card present, card not present, eCommerce), sales/processing volumes, average ticket size, marketing information, etc

Credit Card Processing Methods

These are the processing volume percentages that must altogether add up to 100%.

Projected Volume

Property		Description
total_monthly_sales	required	The average total monthly sales for the business.
avg_transaction_amount	required	The amount of the average transaction the business will be processing
highest_transaction_amount	required	The highest single ticket amount
frequency_ticket_per_year	required	What is the frequency of the highest ticket per year?
amex_processing	required	true/false - true if you accept American Express cards
amex_monthly_card_sales	optional	The average total monthly amount processed via AMEX. (required if amex_processing is set to true)
amex_se_number	optional	American Express Service Establishment (SE) number. It is required If the amex_monthly_card_sales (AMEX monthly sales) is equal or more than $80,000

Deprecated fields

Note: Below fields are deprecated

Property		Description
qualified_processing_method	optional	Defines the method of qualified card processing the merchant plans to use. EDC Retail => EDC EDC Card Not Present (CNP) => EDCCNP Touch Tone Capture => TTC Paper => PA Other => OT
card_swiped	optional	Enter numeric percentage of transactions for each type. For example, if all types were split evenly, each field would be 25% and add up to the total 100%.
manually_keyed_cp	optional
manually_keyed_cnp	optional
ecommerce	optional
accept_cc_before	optional	Has merchant accepted credit cards before?
previous_processor_name	optional	Previous processor name (required if accept_cc_before is set to true)