NetSuite's SuitePayments is a payment processing solution that is integrated with the NetSuite ERP system. SuitePayments allows NetSuite users to securely process customer payments, manage payment data, and automate payment-related tasks.
Some of the features of SuitePayments include:
- Credit Card Processing: SuitePayments supports credit card processing for major credit card brands, including Visa, Mastercard, American Express, and Discover.
- ACH Payments: SuitePayments also supports ACH payments, which can be used for direct deposit, payroll, and other types of electronic funds transfers.
- Recurring Billing: NetSuite users can set up recurring billing schedules for their customers, which can help to reduce manual data entry and ensure that payments are processed on time.
- Payment Gateway Integrations: SuitePayments integrates with a variety of payment gateway providers, including Stripe, PayPal, and Authorize.net.
- Payment Reconciliation: SuitePayments automatically reconciles payments with customer accounts, which can help to reduce errors and save time.
Overall, SuitePayments is a powerful payment processing solution that can help NetSuite users streamline payment processes and improve the overall efficiency of their business.