This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
PCIDSS Compliance : Merchants and payment providers must adhere to Payment Card Industry Data Security Standards (PCIDSS) to protect cardholder data. Software solutions that integrate inventory management, reporting, and customer relationship management (CRM).
The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank. It also ensures that data security best practices, particularly PCIDSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data.
Once approved, the funds are transferred to the business’s merchant account, typically within 1–3 businessdays (same day or next day with Clearly Payments ). Security Features Fraud and chargebacks are significant concerns for businesses accepting credit cards.
Choosing to accept payment methods outside the preferences of your customers could mean losing business to competitors and getting it right will mean happy customers, increased revenues, and more sales opportunities. It’s also perfect for businesses with a subscription-based (recurring payments) sales model.
Sales Reporting and Analytics Provides comprehensive insights for better business decisions. Includes data on sales trends, most popular products, busiest times of the day, and best-performing employees. Customer Relationship Management (CRM) Saves customer contact details, preferences, and purchase history.
When a transaction takes place, the payment arrives first in the merchant account before being transferred to the business owner’s business checking account. It usually takes one to two businessdays before these funds are available to the business, though some payment processors may offer same-day deposits.
While payment timelines can vary depending on the financial institution and transaction type, businessdays are typically when most payment activities occur since most don’t process payments on weekends or public holidays. For example, ACH payments have an effective date of two to three businessdays post-transaction.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content