Remove Online Documents Remove Payments Data Remove PCI DSS
article thumbnail

How to Choose the Right Payment Processing Software

Stax

Security features Your payment services provider must be PCI-DSS compliant as a bare minimum requirement, and it should have other robust security features that are standard practice in your industry niche. Step 3: Backup your existing payment data We all hope for a hitch-free data transfer, but that’s not always the case.

Process 88
article thumbnail

What is a Payment Service Provider (PSP) and How Do They Work?

Stax

Step 3: Authorization, settlement, and reconciliation The payment gateway software will now send your customer’s payment information to your PSP to verify, authorize, and settle the transaction. Customer support You will need timely support to address payment processing issues when they inevitably occur.

article thumbnail

Understanding NetSuite Payment Processing and Its Benefits

EBizCharge

Saved cards To further enhance the customer experience and expedite future payments, NetSuite allows customers to securely save their credit card information within their customer records. Saved cards can facilitate smoother, faster payments and improve customer loyalty.

Process 52