Too many businesses still have old, outdated payment systems that inconvenience owners, workers, and the general public. Why live in the past where you have to worry about incompatible systems and manual bookkeeping? These methods often result in delayed funding times and exorbitant costs. The fact is there are much better, faster payment processes that will save individuals time, money, and credibility. The following are a few of the options available to merchants that make payment processing easy and profitable.
Virtual gateways are computerized versions of old credit card terminals. Gateway users process transactions from their workstations, instead of travelling to physical terminals. Virtual gateways are extremely convenient because consumers can swipe cards and their information is transmitted to a software program. This gives consumers access to reporting tools that can keep better track of transactions and other essential information.
In the modern age, it is inconvenient and even dangerous to not use software integration. When your virtual gateway is tied into your accounting system, the credit card information can be directly inputted from the gateway to eliminate any transferring mistakes and save time. Direct plugins can also mark invoices as paid to make closing procedures simpler.
Many virtual gateways also possess the ability to interface with your accounting system, store credit card numbers, and charge on schedule. This means repeat customer information doesn’t have to be repeatedly placed in the terminal, instead it will be saved. Nervous about customer information being stored on virtual gateways? Virtual gateways and credit card processors now have strong encryption technology and utilize tokenization that protects consumer information, even in the midst of a data breach.
So why not find a credible web-based credit card processing solution? Third party payment processors like eMerchantBroker.com offer fast and simple processing solutions for merchants. EMB provides an advance payment gateway and check processing services for high risk merchant accounts that is the best in the business. High risk merchants can now accept a variety of payment methods like credit cards, debit cards, and checks. Merchant advisers are available 24 hours a day to service merchant needs.