Electronic Data Capture (EDC) Terminal
An Electronic Data Capture (EDC) Terminal is a point-of-sale device that reads information encoded in the bankcard’s magnetic stripe, performs authorisation functions, stores transaction data and batches and transmits that data to the acquirer for processing. The stored transactions are used to create settlement files and transaction reports. Also referred to as Electronic Draft Capture terminal.
The payment processor on any e-commerce website uses this software for data capture and to accept credit cards online rather than a POS terminal.
Payment Processing Services by NOIRE
NOIRE provides industry leading online payment processing services & risk management technologies. Designed using NOIRE, “Simply Switch On”, approach to payment processing, our payment solutions are built using the latest payment processing technology enabling businesses to “Plug In” and “Switch On” payment modules with ease if and when required.
As a leading Payment Service Provider, you can trust NOIRE to find the right solution for your business. We provide everything in one simple agreement – your Internet Merchant Account, Payment Gateway and Payment Processing with all the leading cards issuers. Combined with NOIRE’s industry leading fraud & risk management solutions, merchants can be confident managing their payments safely and securely from beginning to end with NOIRE.