Acumatica ERP Credit Card Processing Traps to Avoid
Three Common Traps to Avoid When Considering a New Acumatica ERP Credit Card Processing Provider If you’ve ever had to find a new credit card...
2 min read
Kathy Graham 3:31 PM on October 13, 2021
With so many options available for Acumatica payments and processing gateways, choosing the right one for your business can be overwhelming. However, there are certain factors you should consider to ensure you make the best decision. In this article, we will provide tips on how to select the best Acumatica credit card processing solution for your business.
Firstly, you need to determine your specific requirements and objectives. Consider the nature of your business, the volume of transactions you process, and the types of payments you accept. This will help you identify the features and functionalities you need in a payment gateway.
In the world of Acumatica, the software publisher plays a crucial role as the central command center, orchestrating every step of the process. Meanwhile, the processor takes care of the intricate details, handling deposits and calculating rates. And lastly, the payment gateway acts as the essential link, seamlessly connecting your ERP system to the processor. It facilitates secure two-way communication and ensures that funds are readily available.
There are many reasons a payment gateway is a good or bad choice for your business, so it's important to find out which gateway is connected to your processor. You must ask the question “What’s the payment gateway?” Here are some features and functions you should verify:
ECommerce Compatibility
If you are utilizing an eCommerce platform, it is vital to ascertain the compatibility of the gateway you are considering. Certain platforms only support a restricted number of gateways, so it is essential to be aware of which gateway you are utilizing to guarantee seamless integration with your existing and future eCommerce solution.
Payment Types Offered
To ensure smooth payment processing and avoid disruptions, choose a gateway that supports Level II and III processing and provides clear communication.
Level II and III Capabilities
If you want to ensure seamless and efficient payment processing for your business, it's important to stay informed about the capabilities of different payment gateways and make informed decisions that align with your needs and objectives. To avoid potential setbacks, it's crucial to consider the qualifications for Level II and Level III payments when choosing a payment gateway for your Acumatica system. Look for a gateway that provides transparent communication and support for these advanced processing capabilities to maximize efficiency, cost savings, and customer satisfaction for your business.
In addition, if you use an eCommerce platform, it's important to determine if the gateway you're considering is compatible. Some platforms only work with a limited number of gateways, so it's essential to know which gateway you're using to ensure compatibility with your current and future eCommerce solution. It's also worth noting that not all gateways support all payment types, so be sure to choose the one that matches your payment types.
If you need help with choosing the right payment solution for your business, Paya's payments experts can provide you with simpler, more efficient, and deeply integrated payment solutions. Start saving by consulting with Paya's payments experts today.
Paya is the leader in delivering simpler, more efficient, and deeply integrated payment solutions with more than 25 years of industry experience and 2,000+ industry customers and partners. Paya is committed to delivering best-in-class integrated payment solutions across the full suite of Sage ERP products. We are proud to be Sage’s preferred partner for Integrated Payments in the US.
At Paya we are unique from our competitors because we emphasize solutions engineering, engaging our domain experts as part of the early sales process. Through a collaborative but simple hands-on process, we develop a deep understanding of our partners’ current processes and pain points and requirements to ensure you get a platform and system with the capabilities you need. Paya has enabled businesses to optimize billing and invoice processes, deliver more payment options and flexibility to their customers, and improve back-office efficiencies.
Contact Paya's Acumatica Integrated Payments team to schedule a free consultation today!
Learn more about how our credit card processing experts, solutions, and processes can benefit your organization and save you money!!
See Paya's Acumatica Integrated Payments solution on ERPVAR's site.
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