Tag Archives: online payment solutions

B2B Donations Checkout Solution: Accept Donations Anywhere

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Collect charitable donations for your favorite causes wherever your customers pay with our simple donations checkout solution for all sales channels and payment types. Fully compliant with credit card processing rules, such as producing a receipt that lists the subtotal sale of goods and services, a separate line for the donation, and a total for the complete amount.

  • Employees don’t ask- customers never feel uncomfortable. The system automates the donation process via each sales channel. For example, if it’s an e-invoice or hosted pay page, the customer sees a donations field to add an amount if desired.
  • Easy to adopt- Works with multiple accounting, software and financial partners such as First Data.
  • Activate, deactivate and change the beneficiary on demand. You’re in control.

We’re helping your business help others. The donations service is included at no additional cost with our standard services.

Christine Speedy, 954-942-0483, specializes in enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. Secure, cloud-based solutions optimize acceptance for all payment types across multiple channels without disrupting merchant banking relationships.

Disaster planning: credit card processing, cash flow and accepting payments

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Mobile credit card processing and online payments of all types can ensure business cash flow during and after a disaster. When the storm is over and people emerge to shop again, how will businesses manage accepting credit cards? Or get paid by check if mail is undeliverable? Critical issues include power, telephone and internet access, as well as human capital when employees scatter to many different places.

How can we help your business when a USA storm is imminent?

  1. Online pay page– hosted pay page supporting ACH/echeck with or without guarantee, credit card, wire and Paypal. No web developer is needed for this fast solution; just send our custom link to your customers.
  2. Electronic Bill Presentment & Payment- Login to a portal and Text or email your customers a pre-filled payment object with link to pay a specific invoice; optionally create detailed invoices on the fly if your accounting system is not available.
  3. Virtual terminal – your employees key enter the payment information via virtual terminal on a secure hosted web page or using the mobile app (free).

All solutions above are quick and easy to adopt and they work with your existing financial partners such as merchant services or check processor. Remote training videos can help users get up and running the same day as the account is activated from wherever they are. For the two self-pay options above, when using 3-D Secure cardholder authentication, liability for fraud shifts to the issuer, much like EMV does for retail. Additionally, the qualified rated for credit card acceptance in many cases is the same as retail.

It’s probably not realistic to get a credit card swiper on short notice because in the current retail world, EMV chip card and point to point encryption are critical to protect against fraud and data breaches. Use a store bought mag card reader at your own risk.

 

Good to know:

  • Works with all or most processors- bring a merchant statement, online login, or contact information with you when evacuating so we can connect to it.
  • No long term agreement- month to month
  • Plugins available for many software solutions
  • Encrypted virtual keypad protects cardholder data from key logger software (important when employees may be using their own PC’s)
  • PCI Compliant
  • Each user has unique login for compliance and tracking; same permission based login across all solutions.
  • Standardization across all locales for complete transparency, and compliance.
  • With simple cashiering you can even manage and track cash transactions.

Contact Christine Speedy 954-815-6040 or cspeedy At cenposreseller.com

 

Accept Payments Online

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Winter Storm Jonas is a reminder of the importance for business to business companies to accept payments online. What if you have a desktop terminal, but staff is working from home? How can accounts receivable be reached for call in or fax payments? Cash flow and efficiency will improve with 24/7 online payments.accept payments onlineTo accept payments online via a self-serve 24/7 online payment form, a payment gateway is required to secure the transaction. The most popular non-integrated methods:

  1. Hosted pay page – merchant provides customers an email or web site link to make payments on the payment gateway hosted web page. Click here for hosted pay page example.
  2. Embedded payment object– the buyer stays on the merchant web site, with the gateway html code embedded as an iframe.

Online Payments FAQ

What is the rate? There are two service types: Payment gateway or bundled gateway with merchant account. For flexibility to change merchant accounts, which most businesses will do every few years, keep your gateway separate to minimize business disruption. When the merchant account changes, there’s no programming needed. Just update the gateway settings with the new merchant account information. Never, ever choose a payment gateway by comparing the cost per transaction. Instead, measure the net transaction cost, including gateway fees, for card types accepted. (Click here for online payments example of authorize.net vs CenPOS for business to business.) B2B companies need a gateway solution that supports level III processing and will help qualify transactions for the lowest rate.

How long does it take to get started? Usually 2-5 days after the decision has been made, from gateway sign up to accepting payments. The actual implementation time is minimal.

How do I know when someone makes a payment? An email is automatically sent with details. TIP: Create an email alias to a distribution list. For example, epay@mydomain.com.

Can my invoices be automatically marked as paid in my accounting software? With an integration, yes. Depending on your software, and the gateway, there may be a module available for quick and easy implementation.

Where can I view transaction reports? By logging in to the virtual terminal via a secure web browser, or in some cases, via mobile app.

Can customers save their credit card information? With most gateways, yes.

Is it PCI Compliant? All the major US payment gateways are PCI Compliant. Accepting payments online can improve PCI Compliance for merchants, as risky practices like credit card authorization forms are abolished.

Can customers pay with an echeck (ACH)? It depends on the gateway.