In today’s fast-paced business environment, accepting credit card payments has become a necessity for many businesses. With the rise of online shopping and e-commerce, customers expect to be able to pay for goods and services using their credit cards, and businesses need to be able to accommodate these demands
For businesses using Microsoft Dynamics 365 Business Central, credit card processing has become easier and more streamlined than ever before. With the right tools and integrations, businesses can seamlessly accept credit card payments, manage transactions, and track financial data within their Business Central system. That’s where iSolutions comes into play.
So, how exactly does credit card processing work in Business Central with the iPayments app? Let’s take a closer look.
Businesses will need to set up their payment gateway within Business Central. This involves configuring the system to communicate with the payment processor, including entering login credentials (APIs) and other important information.
With the payment gateway configured, businesses can then start accepting credit card payments within their Business Central system using the iPayments app. This can be done using a variety of methods, including online payments, mobile payments, and in-person transactions using a credit card terminal, depending on your needs.
One of the key benefits of using Business Central for credit card processing is the ability to automate many of the transaction processes. This includes features such as payment authorization, batch processing of transactions, and automatic posting of payments to customer accounts.
Additionally, businesses can easily track and manage their credit card transactions within Business Central. This includes tracking individual transactions and reconciling payments with customer accounts.
Another important consideration for businesses using Business Central for credit card processing is security. With the rise of online fraud and data breaches, it’s more important than ever to ensure that customer payment information is kept safe and secure. iSolutions uses a level 1 PCI compliant gateway to ensure this. It offers encryption, tokenization, and fraud detection tools.
Overall, the iSolutions app for Business Central can provide businesses with a seamless and streamlined way to accept payments, manage transactions, and track financial data. With the right tools and integrations in place, businesses can ensure a smooth and secure payment process that meets the needs of their customers and their bottom line.