Dynamics AX Online Payment Services Expiring – Replacement

Dynamics users will need to make a major update soon. Effective January 1, 2018, Payments Services for Microsoft Dynamics ERP Payment Services, including any versions of Microsoft Dynamics AX, will be discontinued and users will be unable to process credit or debit transactions after December 31, 2017. CenPOS, an enterprise payment engine, offers an integrated alternative that works seamlessly with both AX and third party applications like Magento ecommerce.

Vendor selection for replacing Payments Services will directly impact profits, efficiency and customer experience. For example, how customers receive, retrieve, and pay invoices are all part of the payment processing ecosystem. Businesses will need an Integrated Service Vendor (ISV) with a PCI Compliant integrated payment gateway. Solution functions, and how they interact with Dynamics AX, varies widely by integration.

Payment processing is a specialized niche that ERP, ecommerce, and business consultants rarely have the in-depth knowledge to advise businesses of best options. In fact, significant new changes have been announced; for example, new requirements for recurring billing to include a unique reference to the initial authorization.

“The Payment processing knowledge gap has been exacerbated by an onslaught of new financial, card brand, and compliance rule changes that show no sign of letting up.” Christine Speedy, CenPOS

CenPOS, an enterprise payment gateway and merchant centric cloud processing platform, is an industry leader in payment processing globally. One of the first to market with both US EMV chip and pin, the CenPOS omnichannel solution maximizes cash flow and profits across all sales channels while improving the customer experience.

CenPOS Dynamics AX Fast Facts:

  • Payment types: Accept Check, ACH, credit card, wire, cash, Paypal (Varies by sales channel)
  • Sales Channels; Retail (US & Canada EMV), Electronic Bill Presentment & Payment (includes hosted customer invoice portal and automated collections), Ecommerce, Online Payments, other
  • Compatibility: Agnostic- works with most processors, including First Data, Chase Paymentech, Moneris, WorldPay and others.
  • B2B: Certified for level III processing all channels, including retail, a critical element in managing interchange rate qualification, the biggest cost of credit card processing.
  • Availability: Global

See CenPOS Dynamics AX integration in action here: video overview

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships.

CenPOS SALES CONTACT: Christine Speedy, cspeedy AT cenposreseller.com 954-942-0483. Dynamics consultants encouraged to contact us to learn more.

Link: Microsoft Official Notice

EBPP Improves Dealer Marketshare

Enhancing your customer experience involves many factors, and what happens when it’s time to pay is one of them, whether it’s online, in store or over the phone. The automotive and trucking industries have made significant investments to improve and measure their customer experiences, but failure to change payment technology creates differentiation for consumer choice. Electronic Bill Presentment and Payment, EBPP or EIPP, can create a more pleasant and secure consumer experience and can win dealers more marketshare.

eipp payment request

Body of email containing prefilled payment info, and link to securely pay online.

Let’s explore some examples. A dealer recently installed EMV chip card terminals. When a commercial account calls to order parts here are possible scenarios and repercussions:

  • The card number is key entered on the EMV chip terminal. Since the transaction is RETAIL, and the transaction was not swipe or chip, the dealer has no recourse if it’s fraud. Additionally, it will downgrade to the worst interchange rate, possibly doubling the cost to process the transaction. Some customers don’t like to spend the time going through the phone process, so the last touch with them is less than stellar.
  • The card number is key entered on a separate virtual terminal. If the transaction is MOTO, dependent upon merchant account configuration, the dealer has some fraud protection. Some customers don’t like to spend the time going through the phone process, so the last touch with them is less than stellar.
  • The customer gets a text message, or email, with a click to pay option. This is ideal because the customer is now in control of how and where they want to pay. Additional automated fraud controls like 3-D Secure Verified by Visa (VbyV) can be used. VbyV can mitigate risk, shifting fraud liability to the issuer, and sometimes also reduces the qualified interchange rate, depending on the card type.

If customers have multiple dealers to choose from, which will they go to? Millennial research shows they’ll switch for a better experience, and for them, that includes non-face-to-face interaction. Any dealer that wants to maximize customer satisfaction, and profits, must address the growing millennial demographic; they prefer to minimize personal interaction and use more digital technology as part of their purchasing experience. According to a Board of Governors of the Federal Reserve System March 2016 report, purchasing an item on their phone (42%) was one of the top three common mobile payment activities among mobile payments users with smartphones.

Christine Speedy is an authorized reseller of CenPOS, creating efficiencies through payment innovation. The CenPOS EBPP solution is available both integrated to ERP and other software, as well as standalone via a web browser.

Bluebird Auto Rental Systems Enters Business Partnership with CenPOS

Bluebird Auto Rental Systems announced that they have entered into a
business partnership agreement with CenPOS, a Miami-based firm specializing in credit
card platform solutions.

Founded by Jorge Fernandez in 2008, CenPOS is a “super gateway”, allowing Bluebird’s
customers around the world to use any one of the various processors available in their
region. It is EMV Certified and uses Bluebird’s latest credit card platform: tokenization.
“We are excited about our partnership with Bluebird. With our deep connection to the
automotive market, working with a partner like Bluebird is a natural fit” commented Joey
Orozco, Director of Sales. “We look forward to bringing our mutual customers an EMV
ready solution that is easy to use and ready to meet demands of the rapidly evolving
payment space.”

Current and prospective customers of Bluebird will have the services of CenPOS made
available to them. “Through this partnership with CenPOS, we can jointly offer our
customers an alternative to how they process credit cards now. Some use a separate
standalone machine, and some use other gateways and processors” stated Angela
Margolit, President of Bluebird. “Our goal is to give our customers a choice.”

About Bluebird Auto Rental Systems

Bluebird Auto Rental Systems is a leading provider of software for the vehicle rental and
dealership service loaner industry since 1982. Bluebird’s Auto Rental Application,
RentWorks, is used around the world to effectively manage the efficiency and
profitability of any size vehicle rental operation.

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class
solutions for businesses, saving them time and money, while improving their customer
engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships.

Can I use CenPOS gateway for Quickbooks electronic invoicing EIPP alternative?

Businesses can use the CenPOS Quickbooks integration for einvoicing and payment from text or email. The CenPOS electronic bill presentment and payment, or EBPP, also known as electronic invoice presentment and payment, or EIPP, will improve your customer experience and boost cash flow, as an alternative to the Intuit PaymentNetwork.

cenpos eipp electronic invoice presentment and payment

CenPOS EIPP screenshot of email body

Intuit PaymentNetwork is an electronic invoicing and payment service to accept credit cards, debit cards and ACH payments. CenPOS is a univeral payment processing network that streamlines the payment experience for merchants and customers through all sales channels, and multiple payment types. The CenPOS Quickbooks plugin is easy to use increases profits and cashflow vs Intuit einvoicing solution.

CenPOS vs Quickbooks Intuit EIPP Core Differences:

EIPP Quickbooks Intuit vs CenPOS reviewSome specific advantages:

  • Easier for customers to buy- proven to reduce DS, and increase satisfaction
  • Easier for customers to buy- proven to increase business to business sales
  • Agnostic to financial partners- non-disruptive if you change them
  • Does not create a new customer if the cardholder name does not match the name on the invoice (big complaint for Quickbooks users)

When comparing CenPOS vs Intuit’s Quickbooks EIPP solutions, CenPOS is a far more robust and powerful solution to maximize profits. Contact us for the free plugin and CenPOS services.

EBill payments via text or email improve PCI Compliance video

Ebill and einvoice systems send invoices vs Electronic Bill Presentment and Payment or EBPP gets you paid from that request via text or email. This critical difference has a major impact on security and PCI Compliance. This  video demo is for a standalone solution to accept online payments, including credit card. ACH and wire. Integrated solutions for Quickbooks, ERP, or other, are also available.

Video CenPOS EBPP Lite demo shows the simplicity of sending an einvoice with request for payment via email to an existing customer, that has previously made a purchase and stored their credit card. Customers can self-update their payment methods, store multiple methods. Ask for any feature, and yes, we probably support it.

A layered approach to card not present fraud protection is critical with increasing financial industry changes. In addition to the traditional address and CVV verification, cardholder authentication, IP blocking and other tools can be used to guarantee payment against fraud globally (some restrictions apply).

Eliminate credit card authorization forms with sensitive cardholder data. No one likes them, they’re time wasters for both parties, cards get expired etc. At best, they offer flimsy protection against fraud. Worse, they’re a PCI Compliance nightmare.  In the event of a data breach, it’s likely impossible to prove compliance if you use them. Regardless of how secure and loyal you think your employees are, stuff happens and when identity theft related to credit cards occurs, your business has a 50% chance of survival.

Contact Christine Speedy, 954-942-0483, 3D Merchant Services, 9-5 ET. Your merchant account, our cloud hosted payment gateway solutions.