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Card-
POS (POS & Credit Card Payment Integrated solution) |
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| Traditional
Credit Card Transaction Processing
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| - |
Get
approval code by telephone
line |
| - |
Takes
as long as 13 seconds
to complete the approval
process |
| - |
Difficult
for small retailers
to get a merchant
account |
| - |
Expensive
for bank to support
EDC transaction (equipment,
support, maintenance,
...) |
| |
implies
that |
 |
| - |
High
merchant cost on credit
card transactions |
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|
(POS
& Credit Card Payment Integrated
solution
) |
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