By dialing an 800 number from any touchtone, portable, payphone, or from an ordinary cellular telephone, you are connected to an interactive voice response unit.  Using the telephone's keypad you will key in the required information as it is prompted such as your merchant PIN number, the customer's credit card account number, expiration date, CVV2 code, and the dollar amount of the sale.  Once approved, the transaction is captured and held for settlement which automatically occurs once each night.  The funds are electronically transmitted via the Federal Reserve's ACH system to your business checking account at your local bank within 48 to 72 hours.  There are no sales slips to mail or time consuming trips to the bank to deposit credit card drafts.  Every month you will receive a statement detailing each days credit card sales.  This can be easily reconciled to the checking account statement you receive from your bank.   Anytime during the month you can access batch settlement totals to review and track daily activity from any touchtone phone.

As you can see it is not necessary to use a credit card terminal to accept credit cards.  The best part of this program is that in the future if your sales increase then we would be happy to provide you with a terminal at our regular low pricing and lower your discount rate to those enjoyed by merchants who swipe cards.