You integrate a payment API to enhance the functionality of your software system. In turn, your business and customers enjoy residual benefits. For your business, you save time and money you would have spent building a payment function from scratch and going through the process of PCI certification. For your customers, it eliminates the need to search for payment services and provides a streamlined workflow for collecting payments and utilizing your software. Though nearly all payment APIs provide these benefits, not all are made equally. Because integrating with a payment API is a developmental undertaking, though still much simpler than…
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If you’re operating an e-commerce store, either on its own or as an extension of your brick-and-mortar operations, you’re probably wondering what a Payment Gateway is. You might be confused or frustrated to find that there is yet another payment provider you need to facilitate your transactions. In short, a Payment Gateway authorizes e-commerce transactions. You need a gateway to help process the payment so you can have funds deposited to your merchant account. To be clear, a Payment Gateway does not replace your merchant account for online transactions. It’s simply an additional provider you need to…
Are you just starting your business? Do you want to expand to have an online presence? Does your business have multiple locations? No matter your current business size or the future you see for it, there’s a Merchant Service Provider that will fit your business. The challenge is how to choose the best one. In this post, we will discuss the ideal pricing plans and features you should get out of your Merchant Service Provider based on your business size. Small Businesses Whether you’re just starting out or you run a mom-and-pop shop, it’s likely you aren’…
If you’re a software developer, you’re constantly evaluating ways to round out your product with new features and integrations. You want your software to be competitive and achieve market parity, which requires a constant race to develop the key features your customers need and additional features they’ll love. Most businesses need to be able to accept payments, but adding payment processing to your software can be challenging. Furthermore, no business likes to operate more software applications than necessary. That’s where integrated solutions come in. Selecting the right integration is crucial. Your development resources are precious, and…
Veterinary practices commonly accept installment payments for high-cost surgeries, wellness plans and doggy daycares. Accepting these recurring payments can be a chore for front office staff, as they may need to mail authorization forms and wait to collect and verify payments. Luckily, in our digital age, you can securely store client cards on file and automate this task. The right Virtual Terminal makes that possible. However, automating recurring payments is just one measure you can take to increase your practice’s cash flow and reduce your accounts receivable. Another is enabling easy e-commerce payments for your veterinary practice. How to…