Transaction Manager

NPS offers a web based reconciliation and reporting system called Transaction Manager (“TM”). TM allows merchants to easily reconcile daily transactions while offering additional details such as electronic billing statements, interchange qualification information, deposit totals, card type activity, truncated transaction details, historical batch activity and the ability to monitor activity by individual terminal ID#. TM offers consolidated reporting for multiple location type merchants, making it quick and easy to monitor each location’s activity.

Interchange

• NPS Interchange Rate and Fee Schedule
• PIN based Interchange Rate and Fee Schedule
  

• Visa Interchange Rates
• MasterCard Interchange Rates

1. Sunday transactions would be received on Monday and deposited to the merchant bank account on Tuesday.
2. Monday transactions would be received on Tuesday and deposited to the merchant bank account on Wednesday.
3. Tuesday transactions would be received on Wednesday and deposited to the merchant bank account on Thursday.
4. Wednesday transactions would be received on Thursday and deposited to the merchant bank account on Friday.
5. Thursday transactions would be received on Friday and deposited to the merchant bank account on Monday.
6. Friday transactions would be received on Monday and deposited to the merchant bank account on Tuesday.
7. Saturday transactions would be received on Monday and deposited to the merchant bank account on Tuesday.

The only delay merchants will have is if the terminal (or software) is settled after the pre determined times below. Then there will be a day delay in the deposit to the merchant's checking account.

Below is when each network sends the batch settlement to EDS:

NPS Network 03:00 EST
Global Payments 02:00 EST
TSYS 00:00 EST
Chase/Paymentech 05:00 EST