Internal accounting teams have their work cut out for them today. In addition to pressing challenges like maintaining accuracy, following internal policies and supporting data security, accountants must also ensure compliance with industry standards while streamlining their own working processes.

However, making these changes successfully is often easier said than done, and requires the right technological solutions that can seamlessly integrate with the business’s current accounting infrastructure.

Let’s examine a few of the ways that accounting- and financed-focused automation and processing solutions can make all the difference, and elevate the capabilities of your internal team.

1) Automate accounts payable processes

A key challenge for internal accounting teams is keeping up with the demands and payment schedules of accounts payable (AP) processes. When these activities are streamlined, it results in the elimination of human error as well as speedier payments to support the company’s internal financials and resource planning.

Bringing automation into accounts payable represents a game changer for internal accounting and finance teams, as it reduces the need for human intervention, particularly when it comes to error-prone and time-consuming processes like data entry. As opposed to saddling an employee with certain AP tasks, an intelligent solution like SK Global and SignUp Software’s Accounts Payable Automation makes short work of handling these workloads, while following the company’s own specific invoice approval processes. Simply scan the invoice, and let the automated solution take over, directly within the business’s own Microsoft Dynamics platform.

Because the system automatically sends out notification emails to specific accounting staff when an invoice is ready for approval, internal employees can save time while ensuring that no payment falls through the cracks.

Check out the full process for AP automation here to learn more.

2) Automate vendor payments

In addition to automating accounts payable processes, it’s highly advantageous to automate other key accounting processes as well, including outgoing vendor payments. Because these are often time sensitive and critical to maintaining partner relationships, automating vendor payments can help reduce and even eliminate late payments while supporting security and accuracy.

It’s imperative to find an automation solution that enables direct payment transmission between the company’s internal Microsoft Dynamics platform and the vendor’s bank. In this way, vendor payment processes are streamlined, centralized and fully secure.

The solution leveraged here should also be capable of supporting a range of global payment standards — including ACH, SEPA, IAT, BACS and more — to enable international business. And, a solution that allows accountants to consolidate their outbound files from multiple payment journals can reduce time spent on vendor payment tasks and open these employees up to more value-add and important finance work.

SK Global’s Vendor Payment Automation solution includes all these features and then some — check it out here to see how this technology can save valuable time and money.

3) Credit card payments: Support real-time processing and pre-authorization

Keeping credit card payments safe and secure is important, as is ensuring that these payments can be processed and smoothly as possible. A solution that allows pre-authorization for credit card payments is a powerful asset, particularly when it comes to recurring customer transactions or subscriptions.

In addition to pre-authorization, real-time credit card processing further cuts down on the necessary time employees need to spend on these tasks. A solution like SK Global’s Credit Card Advantage can integrate directly with Microsoft Dynamics, enabling accountants to capture, authorize and process credit card transactions in real time, right within the Dynamics platform.

Not only does this reduce the number of steps for accounting staff members, but this caliber of processing solution also decreases manual data entry and related errors, while fully securing payments through the compliant PayFabric Cloud processing technology.

Credit Card Advantage was designed with Payment Card Industry Data Security Standards in mind, ensuring every transaction is processed in a compliant and protected manner. All customer payment card data is stored anonymously, and the solution enables users to update or delete card data as needed. In this way, the business never stores unnecessary data and reduces its overall risk.

Once payments are processed, the system automatically provides a customer invoice within the company’s Dynamics platform, and sends a receipt to the cardholder.

Empower your accounting team

The right solutions can make all the difference for your finance and accounting staff. However, it’s key to find systems that can integrate and work directly with existing platforms, like Microsoft Dynamics. This type of technology can reduce the learning curve for users, while enabling the kind of ROI-supportive benefits that business leaders expect.

To find out more about how SK Global solutions can empower your internal teams, connect with us for more details or a demo today.

 

SK Global Software is honored by Microsoft for achieving outstanding sales achievement and innovation.

[HOUSTON, Texas — August 4, 2020] — SK Global Software, an industry-leading provider of banking and treasury solutions specifically for the Microsoft Dynamics platforms, has achieved the prestigious 2020/2021 Inner Circle for Microsoft Business Applications. Membership in this elite group is based on sales achievements that rank SK Global in the top echelon of the Microsoft’s Business Applications global network of partners. Inner Circle members have performed to a high standard of excellence by delivering valuable solutions that help organizations achieve increased success.

2020/2021 Inner Circle members are invited to the Inner Circle Virtual Summits, taking place quarterly between July 2020 and June 2021, where they will have a unique opportunity to share strategy and network with Microsoft senior leaders and fellow partners.

This recognition of Inner Circle for Microsoft Business Applications coincided with Microsoft Inspire, the annual premier partner event, which took place July 20-21, 2020. Microsoft Inspire provides the Microsoft partner community with the opportunity to learn about the company’s road map for the upcoming year, establish connections, share best practices, experience the latest product innovations and learn new skills.

“Each year we recognize Microsoft Business Applications partners from around the world for delivering innovation and driving unsurpassed customer success,” said Cecilia Flombaum, Microsoft Business Applications Ecosystem Lead. “Our Inner Circle members are chosen based on their business performance as well as capabilities as an organization, whether that’s creating IP, developing solutions, or having an industry leading focus on digital transformation. Microsoft is honored to recognize SK Global Software for their achievements this past year, their dedication to our customers, and their innovation around the Microsoft Cloud.”

SK Global Software: Enhancing Microsoft Dynamics Deployments

SK Global is dedicated to supplying valuable solutions that integrate directly with Microsoft Dynamics, helping customers achieve a competitive advantage and accommodate their business needs while excelling in customer satisfaction. By collaborating with the teams at Microsoft, SK Global maintains a strong expertise of the Microsoft Dynamics platform, and continues to offer innovative solutions, strong services and unparalleled value to their customers.

An independent software vendor, SK Global Software provides implementation, training and consultation for small, midsize and corporate businesses. SK Global specializes in solutions for the Microsoft Dynamics 365/Dynamics AX ERP platforms, including the industry-leading Banking and Treasury Automation Suite, which provides critical functions including vendor payment automation, bank statement automation, accounts payable automation and invoice workflows, in-house banking, bank communications hub and more. SK Global has previously been named among Microsoft’s Inner circle in 2017, 2018 and 2019.

“SK Global has been providing fully certified Microsoft Dynamics solutions for more than two decades, and we’re pleased to once again be named within the top 1% of Microsoft’s partners,” said Scott Caudle, SK Global Software Co-founder and CEO.

About SK Global

SK Global Software is a Microsoft Dynamics ISV offering specialized Add-in Solutions for the Microsoft Dynamics 365 / Dynamics AX ERP platforms. Our Solutions cover more than 10 unique modules within our Banking and Treasury Automation Suite.

With additional consulting expertise from more than 1600 implementations globally. We are certain that we can help you automate and empower your organization’s Accounting, Finance and Treasury Teams.

 

Data security and protections specifically for financial systems have been a top priority at companies around the globe. And when one looks to the statistics pertaining to data breaches and fraud, it isn’t difficult to understand why.

After all, if a malicious actor or insider threat exposes private data, or leverages company financial information to commit fraudulent activity, the brand’s reputation – and its ability to attract and serve new customers moving forward – is at serious risk. And in the current environment, where instances of security breaches and fraud are on the rise, enterprises and businesses large and small simply cannot be too careful.

Growing rates of breach and fraud

It’s an unfortunate fact that data breaches and fraudulent activity are on the rise within companies in nearly every industry. Particularly, though, hackers and malicious attackers tend to go for financial systems and information in an attempt to exploit monetary channels and make off with ill-gotten profits.

In fact, according to PwC’s 2020 Global Economic Crime and Fraud survey, “Fighting fraud: A never-ending battle,” nearly half of the 5,000 companies surveyed — 47% overall — reported that they’d been victims of fraud within the past two years. This percentage of victimized companies marked the second highest level of fraudulent incidents within the past 20 years, and the resulting losses totaled an alarming $42 billion.

The top types of fraud incurred by businesses in the last 24 months included incidents like customer fraud, cybercrime, asset misappropriation and bribery and corruption. Within the financial services sector specifically, 15% of companies experienced cybercrime, and 14% reported accounting or financial statement fraud.

But the risks don’t end here — according to data gathered by cybersecurity firm Varonis, hackers now attack companies more than 2,000 times a day, or once every 39 seconds. Security breaches have risen 11% in the last two years, and the majority of these attacks — 71% in total — were financially motivated.

Tips and best practices for risk management

In this type of data security landscape, it’s critical for IT, financial and accounting teams to perform their due diligence and ensure their assets and systems are properly secured. There are a few efforts and best practices to incorporate with risk management, including the following steps:

1. Establish a risk management strategy or framework. As Varonis pointed out, a risk management framework lays out all the processes and procedures the business uses to identify, monitor, assess and mitigate risks. Putting in place such a framework helps ensure that all security stakeholders in the organization are on the same page, and are aware of their specific responsibilities as part of the risk management strategy.
2. Identify the potential risks that could impact the business. As part of the risk management strategy, stakeholders, including IT and security experts, should take the time to consider the data protection or fraud risks that could impact the business. For instance, these might include things like a lack of robust security measures on certain systems, or processes that haven’t been updated according to industry compliance standards. Pinpointing these risks helps ensure that security issues don’t fly under the radar, and provides the opportunity for the company to address and mitigate these gaps.
3. Review and learn from past security incidents. In the current environment, one would be hard-pressed to find an organization that had never experienced a security issue. Besides examining the potential future risks that could impact the business, it’s also helpful to examine and analyze any previous breaches or fraud incidents that have taken place in the past. These events could offer valuable learning experiences and help highlight further measures the business can take to better secure its assets.
4. Deploy strong security solutions. Technology solutions that help specifically target security breaches and fraud can represent the business’s best line of defense against these types of risks. It’s important to find solutions that are capable of integrating with the company’s existing infrastructure platforms and are compliant with key standards like PCI DSS.

SK Global’s Treasury Automation Suite includes specific risk management features, including additional layers of security and fully unattended and secure file transfers. These capabilities, alongside other features like a direct digital channel to the bank, help ensure that files and data are fully protected and safeguarded against internal and external threats.

Check out our website to learn more, and connect with us at SK Global Software today to schedule a demo.

 

Enterprise partnerships rely on the relationships between buyers and their vendors, and one critical aspect here is payment for vendor services. While this process may seem standard – vendors provide goods or service offerings, and their business customers pay them for these resources – there are some issues that can emerge here.

Late payments to vendors, for instance, can cause companies to miss out on important vendor discounts. Lost or misplaced vendor invoices, on the other hand, can wreak havoc on enterprise accounts payable (AP) processes, costing significant time, effort and money to fix.

Thankfully, the age-old, manual approach to AP vendor payments isn’t the only choice for your business. Now, enterprises like yours can put in place an automated payment system to prevent any delays or hangups in your AP processes, and enhance relationships with your vendors.

How does vendor payment automation work?

Vendor payment automation eliminates the manual work involved in processing outbound payments from your internal ERP system, through your supporting bank.

Such automated payment systems enable integration and direct communication between Microsoft Dynamics ERP to the bank, supporting the simple and secure execution of both domestic and international payments. Even businesses that work with global vendors can provide automated payments through global payment standards like ACH, SEPA, BACS, IAT and more.

In action, automated vendor payments work like this:

1. Invoice scanning: The vendor sends an invoice for goods or services rendered. The business customer then uses the automated payment system to scan and digitize the invoice. This helps standardize all invoices from disparate vendors, creating a single, digital format.
2. Invoice approval: Once scanned, the automated vendor payment system uses a predetermined approval process, set up by admins when the software was deployed. This process includes a direct notification for the specific employee in charge of invoice approval, letting them know that an invoice is ready for their review.
3. Processing: Once approved, the invoice can then be posted in the Dynamics platform, at which point, the automated vendor payment system automatically processes the outbound transmission to support the payment.
4. Direct bank communication: Because the automated payment system enables integration between Dynamics and the bank, payments are directly and securely processed, and the vendor receives its automatic payment.

Why consider a vendor automated payment system?

There are a few benefits to having an automated payment technology in place, and these advantages often drive enterprises to consider and eventually deploy the solution:

1. Maintain control of invoice approval processes

Automation in the accounts payable department doesn’t mean that your business needs to relinquish control over its unique review and invoice approval process. Vendor payment automation enables IT administrators to configure a specific approval process within the automated payment system. When the business receives a vendor invoice, the correct employee is notified and can provide invoice approval in a seamless and timely manner.

The advantages here are three-fold:

1. Your company is able to maintain its regular invoice approval process, ensuring that vendor invoice approval isn’t disrupted.
2. The existing approval process is more efficient, thanks to automated notifications from the automated payment system.
3. Automated notifications and a smoother approval process support the quickest and most streamlined payments for vendors.

2. Enable direct and secure communication with the bank

Best-in-class automated payment systems allow for a completely secure payment portal between your Dynamics system and your bank account. This means that all communications and electronic payments – including invoice and other payment information originating in your Dynamics platform and communicated to the bank – remain in a fully protected portal.

This helps support payment security, and additional, configurable security parameters within the automated payment system enable your IT team to adjust these settings according to your needs. Transmissions between your ERP and the bank are completely secure, and this protection can be aligned with your internal data standards, as well as industry compliance rules.

3. Support for domestic and international payments

Many businesses today now work with global partners. While these relationships can be incredibly beneficial, they can also create complications when it comes to supporting quick, seamless and secure vendor payments across borders.

One issue here is the fact that these payments must be in the correct global payment type. While American businesses may be familiar with the process for ACH payments, their global vendor partners might require vendor payments come in other global standards, like SEPA, CCD+, CTX or another international payment type.

A leading automated payment system can enable users to leverage these other, global payment types and ensure their vendors receive payment in the standard they need for their international banking activity.

4. Create a unified payment system

Within a disparate and disjointed payment system, invoices can fall through the cracks and approval processes can become long and convoluted. Unifying all these different elements, on the other hand, helps reduce instances of misplaced invoices and also reduces the chances of any human error.

Overall, a unified payment infrastructure means that your automated payment system can integrate with your Dynamics ERP and Finance and Operations platform. Every invoice is seamlessly tracked, from scanning and uploading, through approval and payment. And each of these activities is recorded, creating a holistic and comprehensive historical payment record.

Unifying your payment system through robust integration also means that you have the ability to consolidate outbound files from the different payment journals your company uses.

5. Prevent delays in vendor payments

One of the biggest advantages of automated vendor payments is ensuring that vendors receive their payments on-time and without delay. Unfortunately, this is something that many businesses struggle with, due to long approval processes fraught with manual work. In fact, one study found that 16% of all companies surveyed admitted that their vendor payments are consistently late.

Continual late payments can severely impact the vendor-customer relationship, and it’s in your business’s best interest to ensure that you pay your vendors on time. Automating these payments improves efficiency and eliminates time-wasting manual work.

6. Improve payment security

In addition to smoothing partnerships with vendors thanks to on-time payments, an automated payment system can also transmit payments in the most secure manner possible. This software creates a protected payment portal between your internal accounting platforms and your bank. This not only helps safeguard electronic payments, but can also reduce the chance of fraudulent activity with printed checks.

7. Eliminate inefficient, manual work

With a solution that enables automation in accounts payable, your internal accounting team will be freed up from the previously required manual work of data entry and invoice scanning. What’s more, since the system automatically supports invoice approval, accounting employees need not monitor this activity and can instead devote their time to more value-added work.

An automated payment system that supports vendor payments and accounts payable can help improve your vendor partnerships, improve efficiency and strengthen security. To find out more, connect with us at SKG for a demo of the Vendor Payment Automation features of our robust Treasury Automation Suite today.

 

In 2020, consumers spent a startling $791.70 billion with American merchants online, marking a more than 32% increase compared to ecommerce sales in 2019.

But American ecommerce is only part of the story – Shopify reported that by 2021, global ecommerce sales will surpass $4.9 trillion.

As the amounts spent on online transactions across the globe continue to rise – and as consumers increasingly prefer digital platforms to brick and mortar businesses for their shopping and spending habits – brands that want to capitalize on this trend must be prepared.

There are some key technological capabilities that companies need to enable their online business. One of these elements is payment processing software, a critical piece in companies’ ecommerce infrastructure.

What is payment processing software?

Payment processing software is the solution that enables customers’ payment data to be verified, and the transaction to be authorized. This software represents the bridge between the merchant’s ecommerce website, the customer’s bank or credit card issuer, and the merchant bank.

In some cases, a separate payment gateway or portal will encrypt payment data before it is sent through the payment processor. Some solutions bundle this functionality within a single platform, enabling card data to be encrypted, verified, and transferred.

As G2 contributor Diedre O’Donoghue explained, online payment processing includes a few standard steps to enable a transaction to take place between a merchant and a customer:

1. First, the customer selects the goods or services they want to buy from the merchant website, puts these items in their online shopping cart and finishes the process to check out on the merchant website.
2. Next, the customer inputs their payment method information into the payment gateway, or payment processing software.
3. From there, the payment processing software takes over, verifying that the payment method information is correct.
4. The transaction must then be authorized through the customer’s bank or card issuer. The payment processing software sends the inputted data to the shopper’s bank or credit card company to ensure sufficient funds and provide approval. Conversely, the card issuer or bank could also deny the transaction for security reasons if the customer’s data is not correct, or due to insufficient funds.
5. Once the transaction is authorized by the customer’s bank or issuer, the payment processing software then requests the transfer of funds from the consumer’s account to the merchant’s banking account.
6. The transaction is then complete once funds are transferred and the transaction is posted within the merchant bank. At this point, the payment processing software can send notification to the customer that their transaction has been processed.

What about international payments?

As noted in our blog, international payments can be a bit different, and require a solution that’s capable of connecting and communicating with any global consumer bank.

A payment processing solution that supports international payments can accept traditional, American credit and debit card payments, as well as eChecks and ACH payments. This processing software can also facilitate payments with other global banking institutions to support international payments.

Payment processing software solutions: Key features and benefits to look for

In order to support the best experience for customers as well as for the business’s accounts receivable department, it’s important to choose a payment processing solution with the right features and capabilities. There are more than a few solutions to choose from here. But selecting electronic payment software that securely accepts multiple payment methods, including international payments, will provide for the business’s needs, as well as those of their customers.

Here are a few of the most important aspects to look for when consider a payment processing software:

• Support for traditional and global payment standards: The best payment processing solutions will support ACH payments, as well as other global standards like SEPA and BACS. In this way, merchants can accept domestic payments, international payments, reference or recurring payments, and more.
• Direct communication with the bank: A solution that can directly connect and communicate between the consumer’s bank and the merchant bank provides added security as well as support for industry compliance. An ideal payment processing software solution will enable seamless, secure and direct transmission of sensitive financial information between the commerce platform and the bank. This also eliminates the need for unnecessary human interaction, limited access to sensitive financial data and further supporting security.
• Secure transmission and data storage: For PCI DSS compliance, all payment processing solutions must include strong encryption for customer payment information, including for data at rest, and in transit. In other words, a best-in-class payment processing software will ensure that customer payment data is securely stored in a siloed system away from the merchant website, and that transactions are transmitted through a completely protected portal.
• Integration with leading ERP and CRM software: A payment processing solution that can also integrate with the business’s accounting, ERP and/or CRM platform is a considerable advantage. For instance, SK Global Software’s Vendor Payment Automation and Credit Card Advantage payment processing solutions can directly integrate with Microsoft Dynamics to create a seamless and unified accounting infrastructure. Integration at this level can help reduce cost errors and ensure that payment and transaction data is accurate across the board.
• Real-time payment processing: In addition, a solution that can support real-time payment processing is a considerable advantage for both the merchant and their customers. Transactions can be processed and posted as quickly as possible.
• Customization and branding: The best payment processing software will help provide a unified user experience, as customers go from the business’s regular website to the payment processing portal. A solution that can be customized with the same theme and color as the company’s website will help reduce any friction or hesitation on the customer’s side, as the experience is more seamless throughout the payment process.
• Robust support from the solution provider: While best-in-class payment processing software is typically intuitive and simple to set up, an optimal solution will also come with strong customer support from the vendor.

Selecting the right payment processing software can help increase data security, bolster PCI DSS compliance, and ensure that the business can accept nearly all payment forms, including those stemming from international banking providers.

To find out more about payment processing software and the top features and capabilities to look for, connect with us as SK Global today for a free demo.

 

According to statistics from the U.S. Department of Commerce, American ecommerce businesses saw a nearly 15% rise in online consumer spending in 2019. Overall, customers spent more than $600 billion with online retailers last year, and chances are more than good that online spending will increase this year.

As more retailers and businesses of all types look to offer their goods and services through online platforms, there are a few essentials that they need to support these transactions. In addition to their commerce platform and digital options for customer service, organizations must also have a robust payment portal that can enable payment processing while keeping customer data secure.

But how do these online payment portals work? How do they ensure the security of customer payment information while also supporting merchant’s compliance with PCI DSS? And how does this technology fit into business’s existing payment processing infrastructure?

Today, we’re seeking to answer these questions and more, and provide all the details you need to know about online payment portals.

What is an online payment portal and how does it work?

An online payment portal (sometimes called a payment gateway) is one of the integral digital solutions that merchants need for accepting payments and facilitating transactions between their business and their customers. In order to conduct business online, merchants need:

• A merchant bank, or acquirer, alongside a merchant bank account with the bank.
• A payment portal, which enables the transaction to be processed, and transferred from the customer, through the payment gateway, and into the merchant bank account.

The payment portal, or payment processor merchant service, is the technology that allows businesses to send invoices to their customers, process and collect their payments. For customers, the online payment portal enables them to input their payment form and personal data, process the payment and view their transaction history.

As BigCommerce contributor Chase Jones pointed out, this merchant bank account and payment portal combo is a popular option for today’s businesses.

“An online payment gateway connects your store and your merchant service account, and facilitates the process of the payment transaction between the various parties involved, including your bank and the card issuer’s bank,” Jones wrote. “Think of it as the digital version of a POS card swipe machine used in brick-and-mortar stores.”

What types of payment methods are accepted?

A considerable advantage of using an advanced online payment portal is the ability to accept numerous different types of customer payments. This helps support a better user experience, as shoppers can use the payment form that is easily accessible or most preferable for them.

The best online payment portals will have the ability to accept debit card and credit card payments, as well as ACH bank transfers and eChecks. Customers can input either their debit or credit card number, or their bank account information. Certain advanced payment portals allow these details to be securely stored and saved, making it easier for customers to use these recognized payment methods for future purchases.

How are payments processed?

Once a customer chooses the merchandise or services that they’d like to purchase, select their payment method and input their information, the online payment portal then encrypts this data for secure payment processing. The encrypted payment information is then authorized with the customer’s payment card service provider. Once verified, the payment portal then transfers funds from the customer’s payment card or account into the merchant account.

Depending on the capabilities of the online payment portal solution, this payment processing can take place over the course of a few seconds, or as long as a few days. Selecting a payment portal that enables real-time payments can reduce processing time, ensure payments are verified and posted as quickly as possible, and improve the user experience.

PCI compliance: How is payment processing data secured?

One leading question with online payment portals and other payment processing technology is data security. Because these payment gateways are dealing with highly sensitive, personally identifiable customer information – including cardholders’ or account owners’ names, card numbers or account numbers, and more – this data must be safeguarded during processing, and stored according to the Payment Card Industry Data Security Standard, or PCI DSS.

This security standard requires that this sensitive data is encrypted during the transaction, and that any stored customer payment details are protected from unauthorized access as well. An ideal payment portal solution will also restrict the merchant’s employees from entering customer payment card information, and instead require that consumers input this data themselves. In this way, fewer parties have access to these highly sensitive details, helping to further support PCI compliance.

It’s also best to look for an online payment portal that provides tokenization features. Tokenization enables the payment gateway to be completely isolated from the regular merchant commerce platform and supporting servers. This separation provides yet another layer of security, in compliance with the payment card data security standard.

What does it cost?

Because there are multiple parties involved in online payment processing – including the merchant’s bank and the customer’s card or account issuer – there are certain fees that come with these transactions.

While these fees vary depending on the payment gateway and other factors, these expenses can include fees paid to:

• The customer card issuer, called interchange fees.
• The credit card association, such as Visa or Mastercard. These are called assessment fees.
• The merchant bank.
• The payment processing solution provider.

The overall cost per transaction can differ, depending on the type of payment method customers use, as well as the fees associated with the payment processing solution. However, the ability to securely accept multiple forms of customer payments, safely store these for future transactions and support real-time processing makes the cost of the payment portal solution a worthy investment.

Advantages of a best-in-class online payment portal

In addition to understanding how online payment portals work, and how they secure customer information, there are also a few benefits that business users should be aware of:

• Security: A leading payment portal solution like SK Global’s ePay Advantage includes tokenization, encryption and other built-in security features to robustly secure data and provide peace of mind to accounts receivable departments and consumers alike.
• Compliance: The best payment portal solutions will seamlessly support PCI DSS compliance through industry-certified data protection features, isolation of the payment portal away from the main commerce platform, and limited access to sensitive customer payment information.
• Customizability: While the best online payment gateways are siloed from the main website, these portals can still be customized according to the business’s branding and colors. In this way, when customers are sent to the payment portal, the gateway supports a smooth and integrated experience.
• User experience: A payment portal like ePay Advantage also enables customers to have access to their own transaction data, including invoices, purchase history, payment activity and more.

An online payment portal is a must-have solution for today’s businesses. To find out more about how an industry-leading solution like SK Global’s ePay Advantage works, check out our website and connect with us for a demo today.