These are the governing rules covering the NACHA ‘ARC’ type ACH transaction, otherwise known as ‘Accounts Receivable Conversion’. Keep in mind that an ‘ARC’ transaction is processed as a true ACH item – after the check has been scanned…no paper check processing is involved….it is now a ACH/EFT electronic funds transfer transaction. ‘ARC’ transactions are ACH…
First select New Account Change Request in Merchants account in MES. On the next page select Request E-comm Profile. And then hit Start Change Requests. On this page fill out as shown. Plus all other required fields. Once finished click Submit Request.
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This is a brief description of when to use each form depending on the merchant account update that is being requested or changed. When a form is completed, the merchant can either email the form back to Payscout or fax it in using the fax number on the form. This fax number will deliver the form…
PAYSCOUT APPLICATION CHECKLIST Application – 2 Signatures on page 1, 2 Signatures on page 3, all vital information filled out (ss #, DL number, Owner/officer info, etc…) Copy of App signors Drivers License – (If there is more than 1 owner listed on the app, we also need a copy of their DL) Copy of SS-4…
How the Authorization Process Works with ForteVerify For ACH transactions, it is helpful to understand how the PG system works with ForteVerify, and how authorizations are approved based upon the responses received. Within the PG system, you may set up multiple levels of account verification for ACH items. Each ForteVerify level described in the previous…
ForteVerify applies only to Sales, Auth Only and Verify Only transactions (types 20, 21 and 26). Transactions with a NEG ForteVerify result will normally be declined for that reason. Those with UNK and POS responses will not be declined and may be subject to other checks. This means that UNK and POS will normally be…
Using ForteVerify If ForteVerify searches are performed there will be up to four additional response fields (see below). The most important field is pg_preauth_result which will indicate the result of the verification. POS will indicate a positive response from a verification service just as NEG will indicate a negative response. UNK means nothing more is…
ForteVerify Level 4 (negative database) This service searches a large national database for any negative reports against the account in question. If there are negative reports, the type of report (i.e., NSF) and a phone number for inquiries will be included in the response in the pg_preauth_neg_report field. The service uses an online inquiry service…
ForteVerify Level 2 (account verification) This service consults the status reported by the bank to see if the account is valid and in good standing. The response will indicate if the account is open and valid, closed, NSF or one of the other conditions listed in the table below. There is no charge for transactions…