1. Determine Eligibility. The first step to getting on the GSA Schedule is determining if your company/organization is eligible to receive a GSA Schedule Contract Award. Before beginning the GSA Schedule proposal process the following must be met: Financial Stability.
NAB Payment Processing serves the credit processing needs of retailers, NAB Payment Processing offers e-commerce check verification, and POS equipment, hardware and software.
After a credit card transaction has been authorized by the issuing bank by sending an authorization code to the merchant, the settlement stage of the process begins. This is called batch processing because a number (or batch) of transactions is settled all at one time.ow the Batch is Processed. Throughout the business day, all the credit card authorization codes received by a business are compiled in a data file on its credit card terminals, processing software and/or electronic payment gateway.