Times Bankcard FAQs

Merchant Services refers to a variety of financial services provided by companies to help businesses accept, process and manage payments. It covers the full range of the transactions between customers and merchants as well as the backend processing between the merchants banks and the card networks. Merchant Services for Fides Bankcard specifically refers to the tools and solutions that we provide to our merchants so they can accept credit card payments online, in-person and more. At the heart of merchant services is the relationship that exists between Merchant Service Providers like ourselves and the merchants that we work alongside.

It’s crucial for the modern business to offer a robust card processing service, in today’s rapidly changing digital payments landscape, businesses must keep up with consumer demand. Offering convenient and secure payment methods will set you apart from your competitors and position your business for profits and growth. Every year, we stress the importance and growth of credit cards as a payment vehicle for consumers, and as a result, merchants have to be willing to offer the latest and greatest experiences in payment processing. The heart of our Merchant Services lies in credit card acceptance. By working with Fides Bankcard, you can accept payments from all the major credit card networks like Visa, Mastercard, American Express and Discover. But we cover the full range of international payments, contactless payments,  NFC payments, EMV chip cards, Apple Pay, Google Pay, Samsung Pay and more.

A POS (Point of Sale) system is a combination of hardware and software that allows businesses to complete sales transactions and manage various aspects of their operations. It typically includes a computer or tablet as the central device, along with peripherals such as barcode scanners, receipt printers, cash drawers, and customer-facing displays. The software component of a POS system enables businesses to process payments, track inventory, generate sales reports, manage customer data, and perform other essential functions related to sales and operations. POS systems are commonly used in retail stores, restaurants, and other businesses that involve direct customer transactions.

Online Payments Processing is when you handle payments transactions conducted through the Internet. The Merchants use the processing system to securely transmit payment information from customers through payment gateways and processors. Businesses are able to accept payments from customers using ecommerce websites, mobile applications and online marketplaces. Merchants are able to conduct business in real-time for tracking and reconciliation purposes, so they can connect with a wider customer base.