What is NetSuite Payment Processing?
NetSuite’s payment processing solution, SuitePayments, integrates payment processing services with the NetSuite platform, providing a single source for managing the entire order-to-cash cycle. Accept credit card payments online, over the phone or at the point of sale, all with PCI-compliant data security. Or, give customers the option to use PayPal, Apple Pay or another digital payment method instead. NetSuite SuitePayments provides the flexibility to accept payments in whatever way works best for your business.
Paper checks take time to process, delaying your access to cash. By allowing you to accept credit cards and other forms of payment, NetSuite SuitePayments optimizes cash flow.
I’m looking for NetSuite to keep us in balance on our growth trajectory… to guide us from a data perspective, to tell us what to do.
NetSuite Payment Processing Benefits
NetSuite Payment Processing Features
SuitePayments has your accounts receivable needs covered by supporting customer-initiated payments through the NetSuite Customer Center, key entry of credit cards taken over the phone and merchant-initiated payments related to recurring billing agreements.
NetSuite Payment Link makes it easier for businesses to receive payment by including a “pay now” option on electronic and printed invoices.
For subscription, membership and recurring billing needs, SuitePayments helps mitigate declines by passing the Card-on-File and Recurring Indicator flags credit card issuers look for and by leveraging the Account Updaters services supported by payment processing gateways through their tokenization services.
NetSuite SuiteCommerce solutions rely on SuitePayments payment gateway integrations to complete the ecommerce checkout experience and obtain a credit card authorization as part of saving a web order. SuitePayments supports advanced fraud screening and secure checkouts via 3D Secure authentication as well as PayPal Payments and Express Checkout.
Point of Sale
For in-person transactions, use a SuitePayments partner-provided EMV chip-card-reading device to benefit from both ERP integration and card-present transaction rates — with or without SuiteCommerce InStore. No-touch, NFC-supporting options are available, including for Apple Pay.