Payment processing solution Encore Payment systems has released a transaction-viewing feature which will likely be very well received by those in the fast-paced world of E-Commerce.

Encore is introducing Online Statements that include real-time transactions. The product, available through MyMerchantZone.com, provides retailers the ability to view transactions the moment a credit card is swiped for processing. Merchants will thus be able to review and track daily transactions instead of waiting for the monthly statement.

The service, which costs a paltry $5.00 per month, can be accessed from any electronic device including smartphones and tablets.