Cardservice Retail Store -- A First in the Credit Card Processing Industry.Business Editors GREENSBORO, N.C.--(BUSINESS WIRE)--March 27, 2000 Cardservice Carolina, a licensee licensee n. a person given a license by government or under private agreement. (See: license, licensor) LICENSEE. One to whom a license has been given. 1 M. Q. & S. 699 n. of Cardservice International Inc. (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ), today announced it will open a retail store in this city to market CSI's transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. solutions and enable traditional and Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the merchants to accept secure payments for their goods and/or services. The first retail outlet retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → in the industry to offer transaction processing products and services, the 2,000-square-foot Cardservice retail store will hold its grand opening in the Four Seasons Town Center here on April 1, from 11 a.m. to 2 p.m. The event will be hosted by Cardservice International spokesman and former Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation). Major League Baseball (MLB) is the highest level of play in North American professional baseball. All-Star Steve Garvey
Designed to streamline the merchant account-enabling process for first-time retailers, the one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. will offer traditional and online businesses all of Cardservice International's industry-leading secure payment processing solutions, including essential point-of-sale equipment and supplies, as well as the creation and design of effective retail Web sites. Merchants will be able to apply and be approved for accounts within one business day, and they can begin processing credit/debit card and check payments from customers within several days. "Just over 50 percent of new businesses in this region are home-based or Internet small businesses, and we can't reach them through traditional means," said Cardservice Carolina agent Dave Tesh, who will operate the Greensboro store. "By having a retail sales and service center, we can help to educate merchants and determine their needs, and we'll be there to help when a merchant has questions, needs assistance or requires upgrades or repairs." Cardservice International is offering its full support to Tesh's unprecedented project. "We applaud Dave Tesh's initiative," said Chuck Burtzloff, president and chief executive officer of Cardservice International. "It is through our agents' innovation and hard work that Cardservice has established its leadership role in the industry. We are anxious to see this venture succeed. If it prospers and builds a secure place in the community, as we believe it will, we will consider it a prototype for future endeavors." The store is located at 502 Four Seasons Town Center in Greensboro, and will be open daily from 10 a.m. to 8 p.m. Representatives will be available to answer questions and/or demonstrate products for merchants. For more information, call 336/855-9250, or visit csibusinesscenter.com. About Cardservice International Inc. Cardservice International is a global leader in providing real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. secure credit card transactions to merchants. Cardservice offers merchants a cost-effective service branded to their businesses, enabling them to provide credit card processing over the Internet as well as to the traditional marketplace. The company's LinkPoint Secure Payment Gateway(SM) utilizes state-of-the-art Secure Sockets Layer (networking, security) Secure Sockets Layer - (SSL) A protocol designed by Netscape Communications Corporation to provide secure communications over the Internet using asymmetric key encryption. technology and is easily scalable to any size business. The gateway is designed to communicate in real time with a business' core data-processing system to allow online transactions to be posted immediately. The gateway also delivers a full range of capabilities, including sales, returns, authorizations and comprehensive real-time reports for easy Web management. More than 170,000 merchants have contracted with Cardservice International. Of those, 50,000 are actively using the LinkPoint Secure Payment Gateway as their Internet solution. For more information about Cardservice International, go to cardservice.com. |
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