Financial transactions

A financial transaction involves the transfer of funds between a cardholder's account and your own business account. For example, a credit Purchase transaction moves funds from the credit cardholder's account to your business account. A debit Refund transaction moves funds from your business account to the debit cardholder's chequing or savings account.

Note:  Funds are not moved immediately. They are moved after your batch is closed and settled. For more information about closing your batch, see End of day process.

The Moneris point-of-sale terminal can securely process a variety of financial transactions on cards including debit cards, credit cards, pre-paid credit cards, private label credit cards, purchasing/corporate cards, as well as gift and loyalty cards.

Transaction guidelines

Card entry options

Transactions menu

Customer prompts

Merchant prompts

Receipt handling and receipt samples

If your communication to the Moneris host is down, you can continue to accept some purchase transactions using store and forward processing.