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Batch Processing

Batch credit card processing is simply the practice of a merchant processing the full amount of its authorized credit card transactions for the day after the close of business or at a time determined by the credit card processor.

Batch Processing

Batch credit card processing is simply the practice of a merchant processing the full amount of its authorized credit card transactions for the day after the close of business or at a time determined by the credit card processor.

What is Batch Credit Card Processing?

For all intents and purposes, batch credit card processing means the processing of transactions in a group or a batch. With batch processing there’s no user interaction needed once the process is underway. This point is crucial and differentiates batch processing from typical transactions.

When Does Batch Processing Happen?

Batch processing can happen at any time. However, it is best equipped to occur at the-end of-cycle processing. For instance, processing a bank’s reports at the close of day or when creating monthly or bi-weekly payrolls.

Batch processing jobs run at scheduled times. (e.g. overnight) or whenever they are needed. Utility bills for the public is a perfect example. These bills are created via batch processing once a month.

The Positive Side to Batch Processing

This processing style is a cost-effective way to handle large chunks of data all at once. Batch processing can save money and labor over time as it eliminates slow-paced human work and the possibility for human error.

  • Since no data clerks are necessary for its functioning, batch processing minimizes labor and operation costs.
  • It allows managers to occupy themselves with other tasks since the results of batch processing occurs rapidly.
  • Batch processing can occur offline or outside of business hours.
  • Managers are able to focus on other duties without concern for the process. If there are any mistakes, alerts will be sent out to the appropriate people who can address the problem.

When you implement a batch processing system, you’re combining all of your transactions and depositing them into your account at one time. Usually at the end of the day. Without the help of a processor this can be time-consuming and a hassle.

Work With Bank of Merchant

At Bank of Merchant, we provide processing that takes your business into account. Our software helps your business push forward. We make sure your processing system runs smoothly and helps grow your operation.

Contact us today, our agents are here to answer any of your questions!

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