Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Selecting the Right Payment Technology
Partner for Your Software Business
As a software provider, you’re on a continuous quest to deliver
built-in, value-added solutions to your software customers...
Payment technology that’s directly
integrated with your software
enhances efficiency and data
security for your customer b...
But how do go about choosing the
right payment technology partner
for your software business?
Where do you even begin?
MAKE SURE POTENTIAL
PARTNERS DELIVER ON
COMPONENTS
Level One PCI Certification
#1
Companies that are Level One PCI
certified go through regular audits to
ensure they are complying with the
Payment Card In...
Companies with Level One PCI
certification must comply with the
most stringent certification
requirements to ensure your
p...
By working with a Level One PCI-certified payment
technology provider, you can reduce or even eliminate
your own PCI compl...
When using solutions like credit card
tokenization, payment data is passed and
hosted on the payment technology provider’s...
#
2Advanced Data Security Measures
A 3-prong security approach provides the highest level of
protection for both online and in-person payments.
3-Prong Secur...
Safely stores payment data needed for recurring
payments by replacing the payment data with a
unique identification code
1...
#
3Payment Gateway Services &
Merchant Accounts
Your software customers will need a
payment gateway — a secure portal
that transmits customer payment
information to the p...
Your software customers will also
need a merchant account
(a separate bank account) to take
credit card and debit payments.
Typically payment technology providers
offer gateway accounts through a separate third party, and
merchant accounts throug...
#
4Comprehensive Integration Process
Your provider should have a comprehensive
integration plan — so that you know exactly
what is involved and what is needed ...
Software development kits (SDKs)
Application programming interfaces (APIs)
Thorough integration documentation
A designated...
#
5Revenue Sharing Opportunities
A significant amount of additional
income can be generated through
your partnership with a payment
technology provider tha...
Have questions about selecting a payment
technology provider? …
How Constellation Payments can assist you as
a single-sour...
Upcoming SlideShare
Loading in …5
×
Upcoming SlideShare
Decimal powerpoint presentation
Next
Download to read offline and view in fullscreen.

0

Share

Download to read offline

Selecting the Right Payment Technology Partner for Your Software Business

Download to read offline

Having integrated payment technology built into your software can help set it apart from the rest. But how do you find the right provider? Where do you even begin?

Use this visual shortlist of must-haves to get on your way to finding the right payment technology partner for your software business.

Related Books

Free with a 30 day trial from Scribd

See all

Related Audiobooks

Free with a 30 day trial from Scribd

See all
  • Be the first to like this

Selecting the Right Payment Technology Partner for Your Software Business

  1. 1. Selecting the Right Payment Technology Partner for Your Software Business
  2. 2. As a software provider, you’re on a continuous quest to deliver built-in, value-added solutions to your software customers. Usage Loyalty Retention Value-Added Solutions
  3. 3. Payment technology that’s directly integrated with your software enhances efficiency and data security for your customer base.
  4. 4. But how do go about choosing the right payment technology partner for your software business? Where do you even begin?
  5. 5. MAKE SURE POTENTIAL PARTNERS DELIVER ON COMPONENTS
  6. 6. Level One PCI Certification #1
  7. 7. Companies that are Level One PCI certified go through regular audits to ensure they are complying with the Payment Card Industry Data Security Standard (PCI-DSS).
  8. 8. Companies with Level One PCI certification must comply with the most stringent certification requirements to ensure your payment data is safe and secure.
  9. 9. By working with a Level One PCI-certified payment technology provider, you can reduce or even eliminate your own PCI compliance requirements. Did You Know?
  10. 10. When using solutions like credit card tokenization, payment data is passed and hosted on the payment technology provider’s secure, PCI-compliant computers. Sensitive data isn’t hosted or stored in the point of sale software which takes your software company out of PCI scope.
  11. 11. # 2Advanced Data Security Measures
  12. 12. A 3-prong security approach provides the highest level of protection for both online and in-person payments. 3-Prong Security Tokenization EMV P2P Encryption
  13. 13. Safely stores payment data needed for recurring payments by replacing the payment data with a unique identification code 1 Reduces card fraud resulting from counterfeit, lost or stolen cards 2 Encrypts data from the moment it enters the point of sale software
  14. 14. # 3Payment Gateway Services & Merchant Accounts
  15. 15. Your software customers will need a payment gateway — a secure portal that transmits customer payment information to the payment processor for authorization and settlement.
  16. 16. Your software customers will also need a merchant account (a separate bank account) to take credit card and debit payments.
  17. 17. Typically payment technology providers offer gateway accounts through a separate third party, and merchant accounts through yet another provider. Constellation Payments offers both gateway services and merchant accounts — providing one source for all payment technology and support. Did You Know?
  18. 18. # 4Comprehensive Integration Process
  19. 19. Your provider should have a comprehensive integration plan — so that you know exactly what is involved and what is needed to successfully integrate your software with the payment platform.
  20. 20. Software development kits (SDKs) Application programming interfaces (APIs) Thorough integration documentation A designated integration team that works with you from start to “go live” Things to look for in an integration plan:
  21. 21. # 5Revenue Sharing Opportunities
  22. 22. A significant amount of additional income can be generated through your partnership with a payment technology provider that also offers merchant services. Be sure to ask about revenue sharing opportunities. Revenue Sharing
  23. 23. Have questions about selecting a payment technology provider? … How Constellation Payments can assist you as a single-source provider for all your software- integrated payment processing needs? … Call 888.248.7060 or send an email to sales@csipay.com.

Having integrated payment technology built into your software can help set it apart from the rest. But how do you find the right provider? Where do you even begin? Use this visual shortlist of must-haves to get on your way to finding the right payment technology partner for your software business.

Views

Total views

507

On Slideshare

0

From embeds

0

Number of embeds

219

Actions

Downloads

4

Shares

0

Comments

0

Likes

0

×