Bluefin Payment Systems serves business and organizations by providing advanced Payment Acceptance Technology (PAT ) solutions including eCommerce, point-of-sale, recurring billing, and subscription management. Bluefin's payment acceptance systems enable your business to accept credit card and check payments over virtually any medium, from swiped point-of-sale to the wireless web. With competitive pricing and superior service, Bluefin offers digital payment gateway services that power shopping carts, donation acceptance, subscription websites, and other web-based transactions. By providing business process automation, advanced security, superior anti-fraud tools, interactive transaction reporting, and real-time authorization, Bluefin has set itself apart from the competition.Currently, most businesses and organizations use manual processes for pursuing and collecting payments, rent, donations, event registration, member dues and accounts receivables. These offline processes are tedious, time-consuming and prone to human error. Research shows that when all factors such as preparation, postage, mail room, data entry, bad debt, collections, accounting labor, overhead, and the time-value-of-money (TVM ) are compounded, the average business spends $9.68 per invoice. Bluefin's automated and streamlined systems eliminate virtually all recurring, manual processes which account for 84% of this cost. Bluefin is revolutionizing the way businesses accept and process payments.Bluefin provides its services on a pay-as-you-go model. As a client, you simply pay a small setup fee, a monthly gateway fee, and per-transaction charges. Managed and maintained in secure data centers, the Bluefin system allows even small businesses to use an enterprise-class payment acceptance solution without costly hardware, software licenses, or technical support personnel. All hardware and software are hosted, maintained and serviced by Bluefin. Bluefin operates as a payment acceptance ASP (Application Service Provider ).Consumers and businesses meet in marketplaces, such as Internet websites or local retail stores, to interact and complete an order and transaction details. Payment Processors, such as First Data and Vital, enable the exchange of payments by serving as a clearing-house for transferring funds between Financial Institutions (banks ) according to the details of a completed transaction.