ELECTRONIC PAYMENTS (ACH) AND CREDIT CARD PROCESSING COMES TO QWIKPOINT. PROCESSING PAYMENTS IS NOW EASIER AND FASTER WITH QWIKPOINT.
With QWIKPoint™ ERP Suite, you can receive payments using Level 3 processing security.
TurningPoint Systems will be offering electronic payment and credit card processing in the next release of its evolving SaaS product, the QWIKPoint ERP Suite.
The release is expected in late October. Customers are demanding to pay their distributors using credit cards and electronic payments. In fact, one study found that businesses spent $523 billion using credit cards, and that number is expected to grow.
Accepting credit cards and electronic funds transfer as optional forms of payment not only makes your company easier to do business with, but there are other advantages, such as:
- Transactions clear faster than many other forms of payment
- Easy integration into your accounting system
- No more need for manual deposits
- Improved security
Our recommended solution utilizes a Level 3 credit card processor, which is preferred by most sophisticated trading partners, due to the higher level of security. Level 3 transactions require more data on each transaction, which reduces the risk of fraud and results in lower processing rates.
Payments can be made by your customers on the QWIKPoint Direct Customer Access Module (DCAM) e-commerce platform or be entered by customer service as a regular payment option.
As is the case for all billing, payment is accepted as soon as shipping is confirmed and an invoice is created.