NET1: Integrated Payment Processing Software
Secure And Efficient Payment Processing, Fully Integrated With Your ERP
Handle business payments easily, affordably, and securely with NET1 integrated payment processing. Save time, reduce costly data entry errors, enhance security, and increase cash flow, while giving your customers greater payment flexibility.
Potential monthly savings for customers who switched to NET1
Average reduction in payment processing costs
Hours on average saved when processing payments
Eliminate manual processes
Say goodbye to the repetitive tasks, duplicate data entry, and errors associated with disjointed systems. Increase productivity and accuracy with an integrated solution that streamlines and automates payments and billing.
Reduce costs and liability
Keep sensitive customer and business information safe and out of unwanted hands with a solution that encrypts and protects data in the NET1 Payment Vault. Tokenized payments significantly reduce the risk of data exposure and minimize PCI compliance costs and effort, while increasing payment efficiency because they can be used to quickly process future transactions.
Accelerate cash flow
Decrease outstanding receivables and get paid faster.
- Accept card or ACH payments from directly within your ERP, accounting software, or shopping cart solution
- Automatically post payments to accounts receivable or your general ledger
- Eliminate the time spent waiting for and processing payments manually
Cut your processing costs
Secure businesses of all sizes with cost-effective, Level 3-capable payment processing. Level 3 processing can significantly reduce your base interchange rate for business-to-business (B2B) and business-to-government (B2G) transactions. This can result in up to a 1% cost savings, delivering a substantial impact on your bottom line.
“NET1 saved us at least 35% a month on bank and credit card fees compared to what we had been paying. And our month-end reconciliations became so much easier.”
Take advantage of powerful, fully integrated payment processing
Features that deliver powerful, secure payment processing
Seamless ERP Integration
NET1 is already integrated with your ECI ERP. Automatically create the appropriate credit and account information in your ERP and accept credit card or ACH payments directly from a sales order or accounts receivable invoice.
Payment Vault
The secure NET1 Payment Vault minimizes the risk of data exposure by transforming card and account numbers into a unique alphanumeric string (a "token") to be stored in your ERP.
Support for ACH
Reduce costs, fraud risk, and payment cycles by receiving funds without the need for cards, physical checks, or cash.
Surcharging
NET1 supports credit card fee recovery by offering surcharging capabilities for all users as allowed by state law.
Coming Soon: AR Automation
Give customers a better experience by making it faster and easier for them to send payments and manage their accounts.
Coming Soon: AP Automation
Streamline vendor management by shifting labor back to vendors. Better control cash flow (keep money until it is due) and eliminate inefficiencies and errors.
NET1 FAQs
How does NET1 work?
Payments are taken through your website or over the phone and keyed into your ECI ERP solution. Point-of-sale card processing is also available if face-to-face service is common, with fast responses and approvals. Certain features and capabilities may vary depending on your ECI solution. Check with your account manager to see if NET1 will work for you.
Is NET1 available as a stand-alone and an ECI integrated solution?
Yes, NET1 may be used with retail, back office, and ecommerce applications as well as within the ECI Advantage, DDMS, DDMSPLUS, EvolutionX, Deacom, e-automate, M1, Macola, JobBOSS, JobBOSS², Red Falcon, RockSolid POS, RockSolid MAX, Spruce, and TeamDesign software products. Certain capabilities and features may vary depending on your program. Contact your account manager for details.
How does NET1 work with my ECI software?
With a NET1 payments integration into your ECI software, once you process a transaction it automatically updates invoices and general ledger information. Certain capabilities and features may vary depending on your program. Contact your account manager for details.
What are the integration benefits?
- Accept credit card or ACH payments directly from a sales order or accounts receivable invoice
- Automatically create the appropriate payment and credit information in your ECI ERP solution
- Reduce your business liability by storing secure tokens in place of sensitive payment card information. Customer data isn't stored in your ERP
- Hassle free! No installation or constant updates to perform
What is PCI compliance?
The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store, or transmit credit card information maintain a secure environment; essentially, this applies to any merchant that has a merchant ID (MID).
How does NET1 ensure data security?
NET1 offers real-time fraud control AVS, CVV, and CVV2 at no additional cost. Point-to-point/end-to-end encryption with tokenization ensures customer card data doesn’t go through your network or ECI’s.
Can I process both credit/debit cards and checks with NET1?
Yes. In addition to credit and debit card processing, NET1 offers Electronic Check Services, which moves payments electronically from your customer's checking account to your NET1 Merchant Account. NET1 Electronic Check Services is a true Automated Clearing House (ACH) product that requires no double entry or back-end check printing. It works like a paper check without the additional costs and time delays. NET1 Electronic Check Services processes payments and displays real-time reports from any internet-enabled PC, providing convenient access away from the office.
Does NET1 support Level 3 processing?
Yes, depending on your ECI ERP*. Level 3 Processing is used in B2B and B2G transactions to help large corporations monitor and track their spending by collecting a set of additional line-item details. Utilizing that extra data, this top tier of processing offers significantly lower interchange rates for Visa and Mastercard transactions. Level 3 transactions are government credit cards or corporate cards. Level 3 processing requires the most detailed data; because so much data is needed to qualify for Level 3, the processing rates are lower and require well-equipped software.
*See your account representative for details
Live and On-Demand NET1 Webinars
Events
View AllNET1 Payment Processing Integrated with Your ERP
Presenters: Damien Brock - ECI NET1 Sr. Product Manager
The global B2B Payments market size was valued at $890 billion in 2022 and is expected to expand to $111 trillion by 2027.…
Recoup Credit Card Fees by Surcharging with NET1
Presenters: Damien Brock - Senior Product Manager, NET1
Surcharging can be a game changer for your business. Instead of allowing fees to eat into your profits, you can pass the…
Automating (AR) Payments by Eliminating Paper Checks
Presenters: Cole Valadez - Nuvei, Chris Brundage - Nuvei, Damien Brock - ECI Software Solutions
In B2B commerce, having a fully integrated, secure billing and digital payment acceptance solution that is part of your ERP…
State Of The Art Payment Processing
Automated payment processing is available to ECI customers through the NET1 payment gateway, which processes payments via…
Shore Lumber saves time with NET1 & Spruce integration
See how Shore Lumber cut payment errors and saved 20+ hours monthly using NET1 integrated with Spruce, streamlining…
Customer Satisfaction and Transaction Efficiency
Drive Customer Satisfaction and Transaction Efficiency with Card Account Updater from NET1