Merchant Credit Card Acceptance and Electronic Funds Transfer (EFT) Services

Merchant Services collectively includes electronic payment processing, processing credit card transactions (both online and card present), accounting practices, information requirements associated with some payment transactions, and analysis of costs associated with credit card acceptance.
- The primary objective of the Contractor is to establish and maintain a secure, reliable direct payment processing infrastructure that manages the entire transaction lifecycle, ensuring seamless authorization, secure conveyance, and timely financial settlement for the State and other eligible users. To achieve this, the Contractor shall provide core payment capabilities that support comprehensive credit card, debit card, and ACH (electronic check) acceptance for all designated State transactions, while maintaining the scalability to integrate any other mutually agreed-upon payment methods over the life of the agreement.