Processor

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CreditLine Payment Processing Software Glossary. This site can also be reached at http://docs.911software.com

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Credit Card Processor

Processor is responsible for receiving credit card information, passing it on to the banks and returning any necessary information regarding the credit card. Processors charge various fees for their services. Credit Card Processing Software acts as a broker by allowing to switch between processors to minimize the impact of the processor fees on the customer. Credit Card Processing Software uses internet or the attached modems to communicate to credit card processors over phone lines. Credit Card Processing Software allows a different Processor to be associated with each card type available. Also see Supported Processor List