When it comes to accepting and receiving payments, Zobrist Software can consult with you in choosing the best option for your business. Currently, PayPal is the leading payment processing technology. But there are new and emerging technologies that offer cutting edge security and convenience, such as DUE, Stripe, and Dwolla.
The goal for any payment processing choice means security in transferring funds, minimal fees, and leading edge bank-grade security.
- Credit cards such as Visa, American Express, and Mastercard are the most common and internationally welcome payment methods.
- ACH transfers (electronic checks) are bank transfers or electronic checks (eChecks) are as common as paying with cash or checks over the Internet. There are also some digital payment methods, such as Apple Pay, that can transfer cash online.
- PayPal is a popular service that enables customers to pay and send money online; businesses can even accept payments though Paypal.
- Bitcoin / Cryptocurrency is common for businesses concerned about privacy. Bitcoin is the most popular cryptocurrency accepted as a legitimate source of funds by many businesses.
PCI Compliance, also known as Payment card industry compliance, means security regulations are imposed on merchants in order to be able to accept payments securely online. There are a few levels of compliance, which relate to different layers of security for payment processing. Merchant accounts can require different degrees of security to accept payments (some allow the use of an SSL certificate alone and charge a monthly fee for non-compliance).