Fewer Clicks With QuickBooks Interface
Product: NET1 Virtual Terminal QuickBooks Interface
Company: Network 1 Financial
Card-not-present transactions have always created an extra headache for e-commerce and MO/TO merchants. Accepting credit cards is one of the most difficult aspects of the business.
Network 1 Financial (NET1), a division of Verus Financial Management, offers the NET1 Virtual Terminal to help make card acceptance easier for these merchants (and brick-and-mortar merchants, too). The Virtual Terminal, used with NET1's payment gateway, processes cards and electronic checks 24 hours a day and allows for automated recurring billing.
In response to merchant suggestions NET1 added a feature to its product. The software now interfaces with QuickBooks, the accounting software from Intuit, used by many merchants.
All Virtual Terminal users will have access to this new feature at no extra cost. Before this capability, Internet or MO/TO merchants had to enter a customer's card information twice; once into the payment processing software and then into their business accounting software.
By interfacing with the widely used QuickBooks, merchants using NET1 Virtual Terminal need only to enter the card data into the accounting software. With the click of the mouse, the Virtual Terminal will retrieve card data from QuickBooks for processing.
Once the charge is approved the QuickBooks file will automatically be updated. Merchants also have the ability to select which customers' payments they want to process at any given time, making it ideal for recurring payments.
The NET1 Virtual Terminal imports invoices from the merchant's QuickBooks application, enables the merchant to select the transactions to be settled and settles them, and then sends posted data back to the QuickBooks application. The new interface works for both credit card transactions and automated clearing house payments.
Network 1 Financial
800-261-0240
www.net1payments.com
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