Payment Processing

The integration of a software business with a payment processing module is simple. The module can be integrated with a tabbed section in the application or accessible through buttons in applications. Or, it can be created as a plugin that uses the dosage for the transfer of data between the treatment program and the main application. Payment processing can also be provided as part of online bill pay separate that integrate directly with the database of main application. This integration technique can also be used to incorporate a "pay now" bill e-mail generated by the software company. Examples of each type of implementation, as well as general guidance on implementation time, cost and revenue opportunities are provided below.

FULLY INTEGRATED

A payment processing module can be integrated into a software management company is to create a button that connects the processing module. By clicking the payment processing "button, users will be able to collect on an individual invoice. Selecting a recurring billing option from the menu, they will be able to process all recurring transactions queued in the system. Using the API system, payment processing, the application core business may be involved in the payment processing component for seamless integration completely. Typical integration time: 3 days (time programming)

Cost of implementation: $ 3,000

Cost to support the functionality for processing payments: $ 0 (payment processing company absorbs all costs)

External Module

Data can be transferred between an enterprise software application and a payment processing application using a module to export pre-programmed. Field-mapping module is programmed in advance to allow integration into a single click. For example, a simple modular interface may allow QuickBooks ® invoices for export, using the mapping of predefined fields, such as a batch for processing payments, and the results of the batch can be downloaded again in QuickBooks for reconciliation.

Typical integration time: 1 day (programming time)

Cost of implementation: $ 1,000

Cost to support the functionality for processing payments: $ 0 (payment processing company absorbs all costs)

FORM OF PAYMENT ONLINE

Any application software company that includes printing functionality invoice can easily include features such as online payment option for customers. This simple step can completely eliminate the need to print paper and electronic invoices. Instead, the electronic invoices that include a link to a form of secure online payments are sent by email to clients. The customer clicks on the link and can pay the bill online by credit card or direct debit from checking or savings account. With a slightly more complex relationship customer number, fields such as invoice #, amount, and can be embedded in the link and auto-filled form of online payment. Payment processing companies is often the host of this form of online payment, so a user does not have a website to benefit from this type of system. See an example of this type of form.

Although this type of integration is clearly the easiest to implement, but has the disadvantage of requiring the customer to maintain a database of payment processing separate from the main business application. However, most applications, payment processing, including PaySimple have customizable export functions that can be utilized to transfer the results to the parent application transaction activity.

Typical integration time: 3 hours (time programming)

Cost of implementation: $ 300

Cost to support the functionality for processing payments: $ 0 (payment processing company absorbs all costs)

Potential additional income

There are many options for p.