Electronic Funds Transfer (EFT) Guide - Blackbaud, Inc.

14 C HAPTER5. Select the File Locations tab.Note: Effective July 15, 2011, The Raiser’s Edge no longer supports ICVerify.If you use ICVerify as your credit card authorization service, on the File Locations tab, the ICVerify DataPath and ICVerify station ID fields appear. These fields appear only when you select “ICVerify” in theProcess credit cards and ACH gifts through field on the Business Rules page in Configuration for Batchoptions. For information about this setting in Configuration, see “Configuration Settings” on page 16.Note: The browse button appears when you click the cell in the Location column in the ICVerify Data Pathrow.a. In the ICVerify Data Path field, enter the location of your ICVerify files. To search for the file location,click the browse button.b. In the ICVerify station ID field, enter the three-digit code that identifies the specific workstationfrom which you initiate the transaction. An example of a station ID is 001. When you create a batchfile for transmission to ICVerify, the station ID is incorporated in the file name. When the programreceives the response from ICVerify, it can match the response file with the workstation. Thisenables multiple users to send files to ICVerify from the same organization without having theresponses either mismatched or sent to all users. For information about how to configure ICVerifyon your workstation, see your ICVerify user guide.6. To save your settings and close the Options screen, click OK.Understand EFTEFT stands for electronic funds transfer and is a general banking system by which transactions, such as deposits orbill payments, are made electronically from a donor’s bank account to your bank account. In The Raiser’s Edge,EFT also refers to credit card transactions. If you use Electronic Funds Transfer, Batch provides additional optionsto help you process credit card and direct debit gifts using an electronic funds transfer.