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Credit and debit cards, digital wallets , ACH transfers , and other digital payments have become the norm. To accept electronic payment methods fast and securely, you need a paymentgateway. Its the bridge between your customers preferred payment methods and business cash flow.
Profituity operates as a third-party service provider in both scenarios, offering business customers check verification services as well as ACHprocessing capabilities as a third-party payment processor. ACH’s Embedded Frictions.
That’s why you need to work with a payment provider that implements secure payment systems and a trustworthy paymentgateway. In other words, you can rest easy knowing that we’ve prioritized the security of the cardholder and bank account data of you and your customers.
But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic paymentgateway. How do you add paymentprocessing capabilities to your software?
A third-party processor is a provider that allows a business to accept payments without opening its own merchant account. This triggers the payment processor to send the transaction through a paymentgateway which verifies the validity of the card and checks if the donor is a human (not a robot) and the card is not fraudulent.
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