Save Money With a Third-Party Processor
NetSuite's cloud computing platform includes a wide variety of useful business management tools for organizations of all sizes. One thing it does not include, however, is a built-in credit card processing service. In order to use NetSuite's e-commerce and in-store payment processing tools, you must integrate a third-party payment processor of your choosing with NetSuite through any one of several NetSuite-approved payment gateways. This might require some advanced setup in the beginning, but it also gives you a great deal of flexibility regarding your costs and service. After all, you can use any credit card processor you want as long as it is paired with a payment gateway from CyberSource, Merchant e-Solutions, SoluPay, Payment Express, or eWay.
Find the Best
To help you save the most money, we've compiled this list of highly rated credit card processors that can be integrated with NetSuite. The following providers are capable of integrating with at least one NetSuite-approved payment gateway, and some of them may be able to assist you with connecting their merchant account to your accounts receivable via NetSuite. They also receive overwhelmingly positive reviews and are known to offer transparent, affordable contract terms. We recommend that you check out each provider's product and service options to find the best fit for your business.
How to Select the Best NetSuite Credit Card Processor
When selecting the best credit card processor for a NetSuite business in the USA, there are several factors to consider. Here we have identified some specific considerations for the NetSuite industry.
NetSuite Integration
It is important to select a credit card processor that seamlessly integrates with NetSuite. This can help streamline processes, reduce errors, and save time.
Security
NetSuite businesses deal with sensitive customer information, so it's crucial to choose a credit card processor that is PCI compliant and offers advanced security features such as tokenization and encryption.
Credit Card Payment Processing Fees
Credit card processors charge fees for their services, so it's important to evaluate the costs associated with each provider. Look for a processor with competitive rates, no hidden fees, and transparent pricing.
Payment Gateway
A payment gateway is the technology that enables the transfer of payment data from a merchant to a processor. Look for a processor with a reliable and efficient payment gateway that is compatible with NetSuite.
Solid Customer Support
When issues arise, you want to be able to reach out to knowledgeable and responsive customer support. Choose a processor that offers 24/7 support, multiple channels for communication, and quick response times.
Accepted Payment Types
NetSuite businesses may want to consider a processor that accepts a variety of payment types, including credit and debit cards, PayPal, Apple Pay, and Google Wallet.
Reporting and Analytics
Reporting and analytics can provide valuable insights into your business performance. Choose a processor that offers robust reporting and analytics features that can integrate with NetSuite.
Overall, when selecting the best credit card processor for a NetSuite business in the USA, it's essential to prioritize integration with NetSuite, security, competitive pricing, reliable payment gateway, responsive customer support, accepted payment types, and reporting and analytics features.
Top Picks For Merchant Services for NetSuite
#1 Shopify
Top Choice for NetSuite Credit Card Processing
Active since early 2006, Shopify is a merchant account provider leading the industry's move toward flat-rate, subscription-style pricing. The company's products and services include EMV-compatible countertop terminals, a virtual terminal, an online payment gateway, an online shopping cart, mobile phone processing, QuickBooks integration, online invoicing, and recurring billing. Shopify integrates with NetSuite and offers its own comprehensive dashboard for tracking all payments and customers.
Shopify offers multiple pricing plans with different rates, but all of its plans charge a fixed monthly fee and a fixed per-transaction dollar amount above interchange. In other words, none of Shopify's plans charge a percentage-based fee on each transaction, meaning that merchants will not pay more to process a large transaction than they will a small transaction. Shopify currently has an “A+” rating on CPO and an “A+” rating with the Better Business Bureau.
Why Shopify is the Ideal Payment Processor for NetSuite Product Sellers
For small business owners who sell NetSuite products and need to accept credit card payments from customers, Shopify is an excellent option for payment processing. One of the primary reasons is that Shopify has seamless integration with NetSuite, which simplifies the payment processing experience for business owners. Shopify also offers a variety of payment processing options, including credit card, debit card, and PayPal payments.
Wide Range of Security Measures
In addition to its integration with NetSuite, Shopify provides users with a range of payment security measures. For example, Shopify has an SSL encryption protocol to protect customer payment information. This encryption ensures that payment information is kept confidential, reducing the risk of data breaches and fraud.
Easy To Use Dashboard
Shopify also has an easy-to-use dashboard, which allows business owners to view their payment processing data in real-time. With this feature, business owners can monitor their payment processing activity, including transaction history, refunds, and chargebacks. The dashboard is intuitive and user-friendly, making it easy for small business owners to manage their payment processing activity.
Shopify is an excellent option for small business owners who sell NetSuite products and need to accept credit card payments from customers. Its seamless integration with NetSuite, payment security measures, and user-friendly dashboard make it an ideal payment processor for small businesses.
For more information, visit the Shopify website.
Host Merchant Services
Top Rated for NetSuite Merchant Accounts
Host Merchant Services is a Newark, Delaware-based merchant account provider that is well-suited for most general business types and some high risk merchants. Host offers point-of-sale solutions (with specific packages for the restaurant, salon, professional service, and contractor sectors), online marketing tools, an online payment gateway and virtual terminal, mobile credit card processing, gift and loyalty programs, merchant cash advance, and offshore merchant accounts. Host Merchant Services supports NetSuite integration and provides a free website and email address to new merchants who require them.
Host Merchant Services has received only positive feedback on public forums, with most reviewers singling out the company's customer service for praise. Host offers interchange-plus pricing with no early termination fees to all of its merchants, meaning that users will enjoy the most transparent pricing model and can cancel service without penalty. The BBB gives Host an “A+” rating, and CPO also gives the company an “A+.”
Why Host Merchant Services is the Best Choice for Small Business Owners Selling NetSuite Products
If you're a small business owner selling NetSuite products, then you know how important it is to have a reliable payment processing solution that seamlessly integrates with your NetSuite platform. Host Merchant Services is a leading credit card processing service that provides an exceptional payment processing experience for small businesses selling NetSuite products. Here are some reasons why Host Merchant Services is the best choice for small business owners selling NetSuite products.
Seamless Integration with NetSuite
Host Merchant Services offers a seamless integration with NetSuite, which means that you can easily process payments directly from your NetSuite account. This integration eliminates the need for manual data entry and reduces the risk of errors, making it a perfect option for small businesses. By using Host Merchant Services, you can streamline your payment processing, improve efficiency, and save valuable time and resources.
Secure Payment Processing
Host Merchant Services ensures that all payment processing transactions are secure and PCI compliant. This is crucial when it comes to processing credit card payments and protecting sensitive customer information. Host Merchant Services uses the latest encryption technologies and fraud prevention tools to keep your customers' information safe and secure, giving you and your customers peace of mind.
Competitive Pricing
Host Merchant Services offers competitive pricing options for small businesses, allowing you to save on payment processing fees. This is especially important for small businesses that need to keep costs down while still providing their customers with a reliable payment processing solution. With Host Merchant Services, you can benefit from cost-effective payment processing solutions that will help you grow your business.
Host Merchant Services is the perfect payment processing solution for small business owners selling NetSuite products. With seamless integration, secure payment processing, and competitive pricing, you can streamline your payment processing and focus on growing your business.
For more information, visit the Host Merchant Services website or call (888) 727-4538.
Additional Options
Square
Founded in 2009, Square is a merchant account provider based in San Francisco, California. The company offers a suite of services designed for specific applications, like Square for Retail and Square Online Store. Square's payment gateway integrates with NetSuite right out of the box.
Square sets itself apart from most payment providers by offering its services by charging one flat transaction fee. Square has earned an “B” rating in our review as well as an “A+” rating with the BBB.
Square: A Great Option For NetSuite Credit Card Processing
Square is the go-to credit card processing service for small business owners who sell NetSuite products and need to accept credit card payments from customers who are buying NetSuite products. NetSuite is a popular enterprise resource planning (ERP) software used by businesses worldwide to manage their finances, inventory, and customer relationships. Square's payment processing solution is a seamless integration with NetSuite, providing small businesses with an efficient and cost-effective way to process credit card payments.
Seamless Integration with NetSuite
Square's integration with NetSuite simplifies the payment process for small business owners. With Square, NetSuite users can easily accept credit card payments from their customers, without having to manually enter payment details or reconcile transactions. Square automatically syncs with NetSuite, ensuring that all transactions are accurately recorded in the system. This integration eliminates the need for manual data entry, which saves small business owners time and reduces the risk of errors.
Affordable Payment Processing Solutions
Square's payment processing solution is affordable for small businesses. With Square, small business owners can accept credit card payments at a flat rate of 2.6% + 10¢ per transaction. This fee is lower than most credit card processing services, making Square an attractive option for small businesses with tight budgets. Square also offers a range of other features and services, such as invoicing and mobile payments, that can help small businesses streamline their operations and increase their revenue.
Small business owners who sell NetSuite products and need to accept credit card payments should consider using Square as their payment processing solution. Square's integration with NetSuite simplifies the payment process and eliminates the need for manual data entry, while its affordable pricing makes it an attractive option for small businesses. With Square, small business owners can focus on growing their business and providing exceptional service to their customers, without having to worry about payment processing.
Frequently Asked Questions: NetSuite Credit Card Processing
Merchant accounts for NetSuite refer to payment processing solutions that seamlessly integrate with the NetSuite Enterprise Resource Planning (ERP) software. These accounts enable businesses using NetSuite to accept credit card and electronic payments from their customers, streamlining the payment process within the ERP system.
NetSuite is a comprehensive ERP platform that helps businesses manage various aspects of their operations, including accounting, inventory, and customer relationship management. Specific merchant accounts for NetSuite are designed to provide a seamless and integrated payment processing experience, allowing businesses to manage payments efficiently within the ERP system.
To find the best merchant account for your business using NetSuite, consider the following steps:
a. **Research NetSuite-Compatible Providers:** Look for payment processors that specifically offer integration with NetSuite. These providers will have experience in working with NetSuite's API and can ensure a smooth and reliable payment integration.
b. **Check for Seamless Integration:** Ensure that the merchant account can seamlessly integrate with your NetSuite ERP system, allowing you to manage payments, transactions, and financial data in a unified interface.
c. **Verify Payment Processing Options:** Assess the types of payment methods supported by the merchant account, such as credit cards, debit cards, and electronic checks, to accommodate your customers' preferences.
d. **Compare Transaction Fees and Rates:** Consider the processing fees, transaction rates, and any other costs associated with each potential merchant account provider. Choose a provider with transparent and competitive pricing that aligns with your business's size and transaction volume.
e. **Check for Security and Compliance:** Verify that the merchant account complies with Payment Card Industry Data Security Standard (PCI DSS) requirements and other security measures to protect sensitive payment data.
While businesses using NetSuite can use regular merchant accounts offered by mainstream providers, specific accounts that integrate seamlessly with NetSuite provide a more streamlined payment processing experience within the ERP system.
Different industries may have specific payment processing needs. For example, e-commerce businesses using NetSuite may require advanced features for online transactions, while manufacturers may focus on batch processing capabilities. Consider your industry's unique requirements when choosing a merchant account for NetSuite.
The time it takes to set up a merchant account for NetSuite can vary depending on the provider and the complexity of your business requirements. Some providers may offer faster integration options, while others may require more customization. Typically, the setup process can take a few days to several weeks.
Yes, many merchant account providers offer support for international payments, including multi-currency transactions, which can be beneficial for businesses using NetSuite with a global customer base.
Yes, merchant accounts for NetSuite typically support both one-time transactions and recurring billing, allowing businesses to manage various payment scenarios within the ERP system.
Carefully review the contract terms and fees of potential merchant account providers to identify any hidden costs. Watch out for setup fees, monthly minimums, and any other charges that might impact your overall costs.
Yes, businesses can switch merchant account providers for NetSuite if they are not satisfied with the service or find a better fit for their specific needs. However, be mindful of any contractual obligations and potential termination fees that might apply.
Finding the best merchant account for NetSuite can enhance your payment processing efficiency and streamline financial operations within your ERP system. Take the time to research and compare different options to choose a provider that offers seamless integration with NetSuite and meets your business's payment processing requirements.
Elliot
I am writing to extend my sincere thanks for your comprehensive and detailed article on “Best Merchant Accounts for NetSuite”. As a professional who heavily relies on NetSuite for business operations, your guide has been instrumental in helping me understand and navigate this specialized area.
Your thorough analysis of each merchant account, pinpointing their unique strengths, potential limitations, and distinguishing features, was superbly done. You have a knack for transforming complex subjects into manageable content, making it easier for readers like me to grasp the information.
I found your emphasis on key aspects such as transaction fees, customer service, and security measures particularly valuable. Your insights into the specific requirements for NetSuite users, including seamless integration, efficient payment processing, and handling international transactions, were very beneficial.
It’s evident that your guide is a product of extensive research, time, and expertise. Your commitment to providing accurate, current, and practical information has made the typically challenging decision-making process more straightforward, enabling professionals like me to make more informed decisions.
Thank you once again for your significant contribution to this field. Your hard work, dedication, and expertise are greatly appreciated.