Merchant Bank Card Processing
Through proprietary agreements, CARDnet is a primary processor and underwriter of electronic financial transactions as a member processor within the VISA/MasterCard association for the processing of card transactions and the National Automated Clearing House Association (NACHA) network for the processing of electronic checks and check conversion. The Company provides sellers with POS terminal equipment, transaction routing and authorization, settlement, Internet-based processing services, risk management, stored value, loyalty program support and sponsorship into all credit card associations.