V400c - Financial Transactions

A financial transaction involves the transfer of funds between a cardholder's account and your own business account. For example, a credit Purchase transaction moves funds from the credit cardholder's account to your business account. A debit Refund transaction moves funds from your business account to the debit cardholder's chequing or savings account.

Note: Funds are not moved immediately. They are moved after your batch is closed and settled. For more information about closing your batch, see End-of-Day.

The Moneris point-of-sale terminal can securely process a variety of financial transactions on cards including debit cards, credit cards, pre-paid credit cards, private label credit cards, purchasing/corporate cards, as well as gift and loyalty cards.

• Transaction guidelines

• Card entry options

• Transactions menu

• Customer prompts

• Merchant prompts

• Receipt handling and receipt samples

If your communication to the Moneris host is down, you can continue to accept some purchase transactions using Store and Forward.