article thumbnail

What is a Payment Management System?

Stax

You may also hear the term Cash Management System (CMS) in your research. A cash management system focuses on the big-picture health of your cash flow, while a payment management system handles the processing of individual transactions.

article thumbnail

The Benefits of Embedded Payments and Processing Payments in Sage

EBizCharge

This synchronization means less time chasing payments and more time for high-priority tasks, ultimately leading to a sleeker cash management system and accelerated business cycles. By securely managing credit card data and transactions, businesses can protect their operations against fraud and data breaches.

article thumbnail

Understanding NetSuite Payment Processing and Its Benefits

EBizCharge

The saved card feature follows Payment Card Industry Data Security Standards (PCI DSS) to ensure data security while offering a convenient option for customers who prefer to use the same payment method for recurring transactions. Saved cards can facilitate smoother, faster payments and improve customer loyalty.