What’s an economical payment gateway for D365? One that enables business to qualify for the lowest rates possible for any given card type, mitigates chargeback risk, and creates efficiencies. Many businesses using AX 2012 and D365 need to store a card and charge on demand. To qualify for the lowest rates and mitigate risk of penalties and fines, compliance with the card network rules is required.Minimum requirements to potentially qualify for the best rates are:
- For card not present payments, including invoice portal, support 3-D secure; some issuers offer a lower rate averaging 20 BPS (.20%) less.
- Compliance with 2017 Visa stored credential mandate (which will also get you compliant with MasterCard etc). Many payment gateways do not support this yet. Ask, ” Do you support “Unscheduled Credential On File” rules?; store the card, charge on demand. Currently authorize.net, Red Maple and Payflow Pro do not.
- If doing preauthorizations, a method to reauthorize expired auths, and a method to make initial and final auth the same amount if it changes after the preauth. Failure to do so increases the qualified credit card rate an average of 30% for businesses on pass-through interchange pricing.
- Reversing unused authorizations; Mastercard penalty is now a hefty .25% for misuse of authorization.
Call Christine Speedy, CenPOS Global Sales. 954-942-0483, 9-5 ET for a D365 payment gateway that can be quickly implemented. CenPOS is an integrated commerce technology platform driving innovative, omnichannel solutions tailored to meet a merchant’s market needs. Providing a single point of integration, the CenPOS platform combines payment, commerce and value-added functionality enabling merchants to transform their commerce experience, eliminate the need to manage complex integrations, reduce the burden of accepting payments and create deeper customer relationships.