MESA, Ariz. -- Megafoods Stores here plans to speed credit and debit transaction time by switching to a new processor this month. new processor has fewer transfer points from store register to approval network. Megafoods will also introduce a check-authorization network when it rolls out the new processor. The system will allow each store to access a centralized negative check file. The retailer is currently pilot-testing the new processor, from SPS Payment Systems, Riverwoods, Ill., in ...
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