MERCHANT SERVICES
Make it easier for a business to accept payments
Merchant services are tools and processes that help businesses accept, manage and reconcile customer payments.
What merchants need to manage
A payment workflow can involve the customer, merchant, payment method, authorization, settlement and transaction records.
Businesses should consider which payment methods their customers use, how quickly funds settle, what fees apply, how refunds are handled and how transaction records are reconciled.
Security is essential. Businesses should follow the security requirements of their payment providers and protect customer and transaction information appropriately.
Payments meet operations.Good merchant tools should fit the way a business actually operates.
MERCHANT JOURNEY