Internet Transaction Flow

1. The customer visits your web site, selects the products or services desired, and decides to pay with a credit card (all functions supported by your server or your ISP).
2. When the customer selects the credit card payment option, he or she is routed to your secure server (separate from your web site). Once there, the customer enters the credit card number and card expiration date which is encrypted before being routed to your (or your ISP’s) secure server.
3. Your secure server routes the encrypted transaction to ECHO.
4. In a matter of seconds, theserver de-encrypts the transaction information and passes the information to ECHO’s host computers. Then, the merchant is validated as being authorized to process credit card transactions through ECHO. ECHO’s host computers then submit the transaction to the cardholder bank through leased phone lines. The cardholder bank verifies the card information and either approves or declines the transaction, and this response is routed back through the same channels back to the cardholder.
5. If the transaction had been approved, the funds from the consumer’s credit line are transmitted to ECHO’s acquiring bank at the end of the day.
6. ECHO credits the merchant’s account at the acquiring bank.  (This takes place two days after the transaction.)

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Note: ECHO can serve U.S.-based businesses only.

Online Account Management with MerchantAmerica