Debit Card Processing -- A Typical Day
In this section we will discuss a typical day of processing debit cards transactions.
Processing debit card transactions consists of 7 steps:
1. You open a batch simply by performing your first debit card transaction of the day.
2. Process whatever transactions you have for that particular day.
3. After you have completed processing transactions for the day, it is time to prepare for
settlement.
Look at the Debit Summary report (see page 211) for the day. Set the Result: to
Approved.
Make sure that you look at the report for the appropriate Merchant #:.
Does the report look correct?
Do the totals look correct?
Does the number of transactions look correct?
4. If the report does not check out, view the Debit Summary report (see page 211) for
both approved and unapproved transactions. You may need to investigate the
discrepancies.
5. Do you have to settle/close manually? Are your transactions automatically closed for
you?
6. If closure will occur automatically, you are finished.
7. If you must settle/close manually, start that process now.
Typically, you should repeat these 7 steps each day of processing debit card transactions.
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