Flexible Payment Solutions: Where do you belong?

The chequebook is an anachronism today. As a business owner, you need to make sure your payment systems are integrated with the rest of the processes in your website, and that speedy procedures have as much importance as robust security measures..

Your online payment portal’s ability to deliver flexible and accurate reports in HTML and XML formats is key to ensuring your records are kept up to date and your accountant has everything he needs to do his job properly. The size of your payment system or its ability to perform (at different levels of payment processing and accounting) is dictated by the size and span of your operation. If you run a small business and have not the desire to get too involved in your online payment portal, then a cloud based solution is probably right for you.

Cloud based payment solutions also give you the opportunity to back up your business' payroll and payment information, by ensuring that you continue to trade even in the event of a major hardware failure at your office or place of business. The cloud based solution enables access to a virtual copy of your business' payment landscape whenever you desire and therefore backs up your information on the host server.

Slightly larger businesses might benefit from using tailored BACS (bankers automated clearing services) payment systems. A tailored system of this nature will allow all payments, and is automatically set up to ensure best practice in sending, receiving and recording all transactions. Encrypted to give extra safety and full of administrative features designed to make your life easier, tailored BACS payment solutions minimise the time spent with payments while maximising their efficiency.

Bigger and more complex organisations need an enterprise class set of payment systems. Payment solutions of this nature allow both UK and global transactions, and are completely secure. With a flexible central gateway you can process pretty much all existing types of payment, minimise fraud and even set up your own customised business workflow and rules for completely customised payment handling and reporting.

Ideal for the larger business, enterprise class payment solutions are there to provide fast, effective responses to modern payment needs.