Payments

Payments is a fully integrated payment processing platform developed for businesses using ERP systems and accounting software to streamline payment acceptance, reconciliation, and financial management. Formerly known as NET1, the solution enables organizations to process credit card, debit card, and ACH payments directly within their ERP environment, eliminating manual data entry and reducing operational inefficiencies. The platform enhances security through tokenization and its Payment Vault, which protects sensitive customer and payment information while reducing PCI compliance burdens. Businesses benefit from automated accounts receivable and accounts payable workflows that improve cash flow, reduce payment delays, and simplify vendor and customer payment management. Payments also supports Level 3 processing, helping organizations lower interchange costs on business-to-business and business-to-government transactions. By automating payment posting to general ledger and accounts receivable systems, the platform improves accuracy and reduces reconciliation workloads. Additional capabilities include surcharge support, fee recovery options, ACH processing, and secure payment storage for recurring transactions. Organizations can leverage integrated billing, automated collections, and digital payment acceptance to improve customer experiences and accelerate revenue collection.