NET1 is a payment processing solution that integrates directly into your ECI software solution. By working within your ERP, businesses can save time, reduce costly data entry errors, provide enhanced security, and get paid faster.
Vendor
ECI Software Solutions
Company Website
NET1 is an integrated payment processing solution developed by ECI Software Solutions. It seamlessly integrates with ECI ERP solutions to provide efficient and secure credit card and ACH payment processing directly within the software environment.
Key Features
Multi-Channel Payment Processing NET1 supports various payment methods and channels:
- Website payments
- Phone payments
- Point-of-sale card processing
- ACH transactions
Integrated ERP Functionality Seamlessly works within ECI ERP solutions:
- Direct payment processing from sales orders
- Integration with accounts receivable invoices
- Automated reconciliation reports
Advanced Security Measures Ensures secure payment handling:
- Card/ACH tokenization
- AVS validation
- CVV validation
- Offsite storage of sensitive payment information
Level 3 Processing Support Enables cost-effective B2B transactions:
- Lowers base interchange rates
- Reduces processing costs for business-to-business transactions
Supported Payment Types
- Credit cards (Visa, Mastercard, American Express, Discover)
- ACH transactions
- Electronic checks
Benefits
Improved Efficiency Streamlines payment processes:
- Reduces data entry errors
- Automates reconciliation reports
- Eliminates need for separate payment systems
Enhanced Cash Flow Accelerates payment processing:
- Faster transaction approvals
- Improved cash flow management
- Automated deposit to existing bank accounts
Cost Savings Reduces operational expenses:
- Lower credit card processing fees
- Decreased administrative costs
- Potential savings of $30-$500 per month
Increased Security Ensures PCI compliance:
- Automated compliance measures
- Reduced business liability
- Secure offsite storage of payment information