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It doesn’t take a genius to figure out that credit cards have taken over and cash is no longer king. In case you’re curious, annual credit card transactions are expected to exceed $4 trillion dollars by the end of 2009 (although that outlook may have changed given the current economic climate). Furthermore, statistics say that vendors who accept credit cards can expect to increase sales by 15% to 50%.
Whether you’re into statistics or not, the bottom line is that your customers prefer the convenience (and rewards/travel points!) of using their credit card to pay for goods and services … and if your business isn’t already set up to accept credit card payments, you’re at a competitive disadvantage.
But Transaction Processing Is a Pain!
One reason that companies cite as a challenge in accepting credit card payments is the hassle of a labor intensive transaction workflow. Without the right system in place, you may find it difficult to capture credit card details without extensive data entry, duplicating that data entry into your accounting system, and spending countless hours each month manually reconciling transactions. But luckily as a Sage MAS 90 or MAS 200 customer, you don’t have to worry about any of that with the Sage Credit Card Processing Module powered by Sage Payment Solutions.
Easy to Set Up and Totally Integrated
Seamless integration with Sage MAS 90 and MAS 200 means that you can process credit card transactions directly from within Sales Order and Accounts Receivable as well as the e-Business Manager modules. All transaction information is stored in your system and there’s no need to re-key data which makes processing a snap, reduces errors, and enables quick and easy reconciliation. You can also run detailed reports on the web at www.myvirtualreports.com which is totally secure and available 24/7. You can access your current statement or analyze historical data including settled batches, deposit amounts, charge backs, and returns & credits.
What is Sage Payment Solutions?
Your Sage MAS 90 and MAS 200 credit card transactions are processed through Sage Payment Solutions, offering you a complete one-stop credit card transaction provider. Because transactions are processed in-house by Sage Payment Solutions Division rather than a 3rd party, transaction fees are significantly reduced and the savings are passed onto Sage customers. Even if you’re already accepting credit card payments, you can switch to Sage Payment Solutions and save money.
Sage Payment Solutions can accept and process a variety of payments including credit cards, ACH processing, debit cards, gift and customer loyalty cards, and electronic check services.
Contact us for more information
Contact your reseller or consultant for more information. If you currently aren’t aligned with a reseller, use our map to find one near you here!