An iSeries-based credit card transaction processing system for retailers. The package provides retailers with a clear connectivity strategy.

Unlike other packages available for the IBM iSeries, PARAGON/3 CREDIT SETTLEMENT can be interfaced before or after the Sales Audit process.

Features include:

• Automatic Editing and Batching directly from the POS Detail Log.
• Multiple Communications Protocol Support.
• Automatic Discard of Voided and Post Transaction Voided Records.
• Multiple Bank/Clearing House Capability.
• Manual Edit Capability.
• Archive and Demand Retransmission.
• Discard of voided and post-voided records.
• Full credit card reconciliation with month-end closing routines.
• Competitive Price.
• Easy to use, install and maintain.

iSeries-based credit card transaction processing system that works in tandem with your phone and/or mail order processing systems. Requests for credit authorization are submitted by the Credit Authorization System to designated Credit Companies individually or in batches.

At the point when the order is taken, a credit request is created which contains the following information:

• Address verification
• Account number
• Account expiration date
• Amount of transaction
• Date and time of transaction
• Location of transaction
• Works in tandem with your phone and/or mail order processing system
• Authorization requests submitted singly, or in batches
• Provides a report of all authorization request responses
• Provides a listing of VIP customers according to user-set parameters

The PARAGON/2 Credit Authorization System recognizes the request and reformats it so that it complies with the Credit Company's requirements. The request is then transmitted to the appropriate service. Once a response is obtained, the system interprets the response and sends a message to the user (i.e. approved, denied, etc.).

Should the on-line system fail at any time (for example, if a phone line fails) the system will save the authorization requests so that they may be transmitted in a batch when the problem is corrected. Mail Orders can also be processed using this batch method.