Credit Card Processing can be a very intimidating, yet necessary evil in business. This SlideShare goes over what a payment integration is, how to apply this term to your current payment acceptance process, and where to find a payment integration for your business.

1. PAYMENT
INTEGRATION
101

2. Credit card processing can be
a very intimidating yet
necessary evil in business

3. There are a lot of different terms and jargon thrown around
the credit card payment industry

4. One very important term that can be misunderstood is
payment integration

5. This term holds so much
importance due to the benefits
your company can realize from
such a product

6. What is a payment
integration?

7. Let’s dive in a bit further…

8. The dictionary defines
integration as “the act
of combining or
adding parts to make a
unified whole.”

9. The dictionary defines
integration as “the act
of combining or
adding parts to make
a unified whole.”
The idea is to
improve efficiency
with one process.

10. So how do we apply this term
to your current payment
acceptance process?

11. A payment integration gives
you the ability to eliminate
the double-entry process
and accept a credit card
payment directly in your
accounting software.
So what could this mean for
your business?

12. First, lets take a look at the differences between an
un-integrated payment process and an integrated
payment process…

13. NON-INTEGRATED
1. Receive customer’s order over
the phone or online
2. Punch in card number on your
credit card terminal
3. Save transaction receipt, print
out an invoice from
QuickBooks, and staple the
two together. (Repeat this
process for every invoice)
4. At the end of each day, match
paper invoices to electronic
invoices inside of QuickBooks,
and apply payments to the
proper invoices
5. Manually adjust your Accounts
Receivable and General Ledger
to reflect payments
INTEGRATED
1. Receive customer’s order over
the phone or online
2. Credit card number is entered
directly into QuickBooks. The
application marks invoices as
paid and automatically posts
payments in the Accounts
Receivable and General LedgerVS

14. The process of accepting
payments with an integrated
payment application =
Automation (Less time, less
human error, less cost)

15. So, where do
you find a
payment
integration for
your business?

16. There are only a
handful of payment
services providers that
offer these
integrations.

17. Usually, if your processor offers
this benefit, you can ask your
representative about the process,
costs, and timelines to implement
the integration.

18. Not all integrated solutions are
the same, and it is absolutely
crucial to do your homework
when making this decision.

19. Make sure to look for:
- Integration compatibility with your software
- Tokenization technology for maximum data security
- Next-day funding options
- Flat rate processing options
- Simplified statement w no hidden fees
- 24/7 in-house support, free of charge
- No contract

20. Uncover all of the fees before you
commit to any integrated solution.

21. Sometimes, these fees can
be tricky. Make sure you
understand all the fees
before tying the knot with
any processor.
For more information on
processing fees, click here.

22. Now get out there and
start researching for the
payment integration that’s
right for your business!

23. Check us out at
www.centurybizsolutions.com for
more information about
integrated payment solutions.