Dcapwebmaster, Author at Datacap

Interchange

A financial payment term used to refer to the exchanging of funds between two or more entities, usually banks, credit card issuers and merchants.

Issuing Bank

Also known as a member bank, an issuing bank offers payment cards – such as debit or credit cards – on behalf of other financial institutions.

Store and Forward refers to a feature that involves capturing the necessary transaction data and storing that data temporarily (usually in the event of an internet outage) until the data can be passed along to the processor once the internet service is restored.

How to turn on screen rotation on the PAX A3700

The PAX A3700 connects to the PAX Elys Workstation in two orientations (right-side up and upside down). To ensure the screen rotates according to the orientation used, follow the steps below: 1 Swipe up from the bottom of the screen. 2 Touch the back key ◁ twice. Welcome screen on PAX A3700 3 When prompted […]

How to ensure merchants are observing New York’s new surcharge laws

Last month, New York’s new credit card surcharge law went into effect. The new law requires New York businesses to clearly display the total cost of purchasing items with a credit card — including any surcharges. The law, which was signed by Gov. Kathy Hochul in December, also prevents shop owners from charging customers more […]

Why ISVs Should Support Credit Card Updater

Card Account updater adds efficiency to subscriptions and recurring payments by ensuring cardholder data on file is up to date.

Lessons POS Software Startups Can Learn from Their Predecessors

Software startups will increase their chances of success if they understand their market, build the right team, and form strong industry partnerships.

How Payment Trends Compare Between Gen Z and Millennial Consumers in 2024 and Beyond

Payment trends vary between millennial and Gen Z consumers. See what ISVs and VARs need to educate their merchant clients about to optimize CX.

How to modify screen timeout on PAX terminals

PAX PIN pads may enter sleep mode or experience a screen timeout while the device is not actively in use, which could interrupt communication with the POS system. Follow the steps below to modify the screen timeout / sleep settings on PAX terminals: 1 Swipe up from the bottom of the screen. On some PAX […]