Car Rental Credit Card Processing
Integrated Credit Card Processing
cars+ offers huge flexibility in the processing of credit cards.
Whether you want totally automated credit card processing integration with Dynamic Currency Conversion or just the ability to securely capture card details, we've got it covered!
Your Options:
1 - Manual Processing
- Credit cards are swiped with a mechanical imprinter
- Authorisations are requested by telephone
- Transaction details are rekeyed into system
- Physical banking of slips
Benefits
- Low Cost Setup
- Fastest Implementation
2 - Electronic Authorisations & Settlement but No Integration
- Credit card terminals (also known as PDQ, EFT, Chip & Pin) are used to swipe cards.
- Charge / authorisation amount is read from counter system and keyed into terminal
- Terminals are connected to Acquirer by telephone line
- Authorisation code or decline / refer is returned (but often with a delay)
- Authorisation details are re-keyed into counter system
Benefits
- Overnight settlements of your credit card and debit card batches
- Direct payment to your bank account
3 - Integrated Credit Card Transaction
- Card details captured to cars+ through magstripe reader
- Authorisation code immediately requested with response recorded in cars+
- Overnight automated settlement
Benefits
- Manual input errors eliminated
- No end-of-day reconciliations required at rental location
- Online, automated authorisation completed on swipe of card at counter
- Overnight settlements of your credit card and debit card batches
- Direct payment to your bank account.
- No need for Acquirer-supplied credit card terminals
- Only one merchant number is required for entire rental business
4 - Integrated Credit Card Transactions with Dynamic Currency Conversion
- Integrated Credit card Transaction with DCC
- As with Integrated Credit Card Transactions but with addition of an Exchange Rate request / respsonse delivered through cars+ from DCC provider
Benefits
- This will be significant if a large percentage of your business is inbound, from countries which operate a different currency from your own and those customers tend to present either Visa or Mastercard
- Customer is able to pay in their own currency at a guaranteed exchange rate
- Any Currency exchange commission / margin is shared between merchant and DCC provider
Find Out More!
Contact our Sales Department to arrange to talk to one of our team to see how Thermeon products can help your business.
