Content area
Full Text
If you have a winning product, using offline processing with forms will often fall part as the processing time for each transaction becomes too great a proportion of the overall cost. The main decision to be made when choosing how to automate credit transactions is whether to hand the processing over to thirdparty companies or service bureaus that specialize in selling software. The advantage of outsourcing is that it doesn't require a merchant account. A third party takes care of the authorization and settlement phases, as shown in Figures 1 and 2.
There are several types of...