Offline Transaction Processing

Merchant Warehouse | VIEW PROFILE

Offline Transaction Processing is class or series of systems – which may or may not be linked to one another – that facilitate exchange, transaction applications and actions amongst banking institutions, merchant services providers, consumers and other related entities....

Over the Counter

Merchant Warehouse | VIEW PROFILE

Over the counter – or OTC – refers to a merchant and a respective merchant bank account that a business owner has in which actual credit card sales drafts are submitted to their local bank for payment. Typical brick-and-mortar retail sales establishments have such an...