Versapay Order Transactions API

Order-based card/ACH and card present EMV payment transactions include verify, authorize, capture, sale, void, return refund, and return credit transaction types. If participating in a gift card program, gift cards can be used in sale, void, refund transaction types. Contact support@versapay.com for support & setup for Order Transactions enablement. ## Credit Card Payments There are two types of credit card payments: sale and delayed capture. Sale payments occur when the merchant wishes to accept a payment for goods or services that have already been shipped or provided to the cardholder. A sale is a financial transaction, and the movement of funds will be initiated in response to a sale request. Delayed capture payments are used when there is a separation between accepting an order and fulfilling that order. With delayed capture, the credit card is first authorized for the estimated order total. The authorization reserves funds on the cardholder’s account for the merchant but does not initiate a movement of funds. Once the products or services are ready to be delivered to the cardholder, the authorization is captured for the final amount. The capture request initiates the movement of funds. ## ACH Payments ACH payments are bank-to-bank transfers of funds. Unlike credit card payments, ACH payments only have one type – sale, and there is no prior authorization. Therefore, sale amounts are final and cannot be adjusted after the fact. ACH payments assume success, and if there is a problem with the funding source, like with a bounced paper check, the originator will be notified of a rejection several days after the payment attempt. ## EFT Payments EFT payments are bank-to-bank transfers of funds. Unlike credit card payments, EFT payments only have one type – sale, and there is no prior authorization. Therefore, sale amounts are final and cannot be adjusted after the fact. EFT payments assume success, and if there is a problem with the funding source, like with a bounced paper check, the originator will be notified of a rejection several days after the payment attempt. ## Gift Card Payments Provisioned gift cards can be activated/enabled (or deactivated/disabled) as well as have their balances loaded/re-loaded with an amount. Contact support@versapay.com for support & setup for Gift Card acceptance. ## Point-of-Sale/Card Present EMV Payments Card Present EMV payment transactions require a Versapay certified point-of-sale terminal. In addition to the card not present transaction types, the following payment transaction types are also supported: device setup, request signature, and cancel. Contact support@versapay.com for support & setup for POS/CP EMV enablement.