NASHVILLE, Ga. -- J.H. Harvey Co. here signed a contract with LML Payment Systems, Vancouver, British Columbia, to provide electronic transaction processing, including check authorizations and credit, debit and EBT card transactions through LML's proprietary transaction software, REPS (Retail Electronic Payments System), according to a press statement issued last week.
nsaction, whether it be a check authorization, check conversion, credit, debit or EBT card transaction, can be viewed by client management in real-time by region, store or individual checkout lane. Individual store and regional store managers have immediate access to the same data and reports providing the ability to make better decisions."
All check transactions will be authorized against LML's national database of check-writers, and subjected to a variety of positive velocity parameters that can be employed on a national, regional or store basis. The Automatic Risk Leveling feature allows clients to select and adjust the check acceptance risk level for each region, store and/or cash register while monitoring transactions in real-time, allowing for on-the-fly, risk-level adjustments. Credit, debit and EBT card transactions will be routed to third-party processors for settlement.
