Processing electronic payments outside of your standard workflow introduces risk and inefficiencies.
Accepting credit cards or other electronic payment methods outside of systems that support order-to-cash, accounts receivable and collections workflows can create a slew of issues ranging from an increase in manual entry errors, reconciliation headaches, elevated interchange fees, PCI DSS compliance challenges and dissatisfied customers.
Paymetric XiPay® On-demand is a SaaS-based, multi-tenant platform that facilitates credit and debit card acceptance, processes eChecks/ACH payments, supports alternative payment types like PayPal or Bill Me Later, offers multi-currency payment methods, and enables fraud scoring and reporting services.
The cost effective XiPay On-demand platform enables your company to fully integrate and secure electronic payment transactions from your enterprise systems like SAP, Oracle E-Business Suite, other ERPs, CRM, web applications, POS or legacy order entry systems directly to payment processors, acquirers, PSPs and other payment solutions without the up front expense of purchasing and maintaining additional hardware and software.
How does it work? Electronic payment transactions originating from any enterprise system across the globe are transmitted securely to the XiPay On-demand platform for authorization and settlement. Behind the scenes, Paymetric works with the merchant to ensure payment transactions are integrated tightly and securely with system workflows that support order-to-cash and collections processes. The result is end-to-end automation that streamlines and secures all payment transactions.