|
The ability to collect funds and other payment information from customers is vital to ensure proper cash flow. Whether performing real-time authorization on a customer's credit card or verifying a user-provided purchase order number, PageDNA's software helps you better track and collect funds from your customers.
Payment Processing Options
Real-Time Credit Card Charging
PageDNA offers support for real-time authorization of credit cards, wherein money is actually moved between accounts. We integrate with several payment gateways including VeriSign Payflow Pro, Authorize.net, and CyberSource. When using real-time credit card authorization combined with our approval interface, we pre-authorize funds when the order is placed, and complete the charge upon order approval.
Billing Code
The system can collect and verify a billing code such as a Purchase Order or Cost Center number. For free entry scenarios, this code can be verified against a list of valid codes or approved formats. Alternatively, a drop-down list of billing codes can be provided to the user.
Off-line Credit Card Charging
The system can collect a credit card number from the user, which is later run manually through whichever terminal or processor you currently use. While the system does not actually authorize funds in this scenario, it does verify that the credit card number is valid for the appropriate card type chosen, ensures that the expiration date has not passed, and requires fields such as the cardholder name and phone number be completed.
PayPal Integration
PageDNA sites can easily be configured to provide users a PayPal payment link displayed upon order submission. Commonly this configuration is used in conjunction with the order approval system. In this scenario, after an order is placed, you would wait for PayPal to notify you that an order had been paid for, and then approve the order.
Benefits
Improved Cash Flow
Cash flow is one of the most critical issues for any business. Waiting for your customers to pay their account in 30 to 60 days, or sometimes longer can put a real crimp on the ability of your business to meet current obligations. The ability to charge your customer's credit cards in real time or offline within hours or days keeps your receivables current and has an immediate positive impact on your cash flow.
Increased Productivity
Outsourcing Payment Processing will free up your employees currently concentrating their time and energy on payment collections for other tasks. With credit card charging capabilities freeing up time formerly spent on collections, employees will have more time to devote to tasks such as customer service and sales that in turn will add to the success of your business.
Reduce Bad Debt
Online payment processing eliminates bad debt because you pre-authorize a credit card before sending the order data to manufacturing. You receive your money right away and you avoid the hassle and time wasted on collections.
Regularly Updated Tax Data
PageDNA installs monthly tax rate updates covering the entire United States as an included service for all customer sites. As tax rates frequently change on the local level, this service ensures your billing stays up to date with current tax rates. PageDNA's software supports the ability to charge this tax on some or all items, and for orders going to one or more states based on states in which your firm must collect tax. Tax amounts are stored in the order database, and the reports feature gives easy later access to document taxes collected from customer orders.
Data Security
All PageDNA ordering sessions can be hosted via a Secure Sockets Layer protocol offering 128-bit session encryption backed by the largest name in the business: VeriSign. We also offer PGP encrypted file delivery as an option for projects with enhanced security needs.
Conclusion
The internet extends the "reach" of your business across state lines and different time zones so verifying customer purchasing information and implementing payment processing is a natural fit for any ordering site dealing with a large dispersed potential user base. PageDNA helps you avoid the pitfalls of incomplete or bad order payment data and we insulate you from bad debt while improving cash flow. With timely and accurate Payment Processing options from PageDNA, you are in the driver's seat to more profits.
|
