Complimentary Webinar

Date: Thursday, May 16, 2019 

Time: 11 AM PT / 2 PM ET 

Join Jessica Gadbois, Pre-Sales Engineer for the Acumatica Manufacturing Edition along with YayPay and APS Payments to learn how to automate manufacturing, accounts receivable and payments.

Complimentary Webinar

Date:  Wednesday, May 8, 2019

Time:  11 AM PT / 2 PM ET

Join our friends at CertiPro, StarShip and APS Payments to learn how to automate order processing with an integrated Sage 300cloud eCommerce, Shipping and Payment Processing solution!

The APS Payments integrated credit card processing team attended the Arizona Small Business Association (ASBA) SynTech 2019 expo in Scottsdale, AZ on March 20, 2019. APS Payments is headquartered in Mesa, AZ and has international presence. This is the first year APS Payments has had a booth at the ASBA SynTech 2019 event and loved contributing to the expo’s mission to provide a day for small businesses to learn about technical business resources available in the Phoenix valley.

As the leading Sage 300 integrated payment processing solution, we are excited to be a Silver Sponsor at the upcoming Third Party Advantage Conference 2019. This TPAC conference is dedicated to showcasing third-party solutions for Sage 300. Collaborate and network with Sage 300 employees, customers, business partners, and development partners on Sunday, March 31 to Tuesday, April 2, 2019. The 17th annual TPAC will be held at the miraculously beautiful Sheraton on the Falls, Niagara Falls, Ontario.

As we head into the new year, we reflect on our successes and share gratitude with our customers and partners who have  helped us along the way. Your business has truly been a gift. We are excited to announce that our American Payment Solutions (APS) and North American Payment Solutions (NAPS) brands have a fresh new look in 2019. The brand change is one part of a  transition that we are making to combine our two companies into one name for our global brand. APS and NAPS have been combined into one easily recognizable brand - APS Payments.

Multi-Currency payment processing for an integrated ERP solution can be hard to come by, leaving your organization to process credit cards outside of the ERP. If you are a Canadian or U.S. company with subsidiaries on either side of the border, then it is likely that you need integrated payment solutions to maximize your efficiency.  

Payment system brands are offering strong incentives in return for credit card payments. This makes credit cards a preferred way of making payments.  If you are in business today you probably accept credit card payments.  While it is relatively easy to get started accepting credit cards, it's not as easy to get the lowest rate and maintain PCI compliance.  There are 5 basic items to look for in a payment system provider.

 7 Growing Credit Card Processing Trends Transforming the Payments Industry 

1. In-store mobile payments are expected to overtake credit cards and grow from $75 billion to $503 billion in 2020
2. The top mobile wallets used at small and medium businesses are Apple Pay (16.6%), Google Wallet (516.0%), Android Pay (%11.3%), and Samsung Pay (8.2%).
3. The top 3 payment methods of online shoppers are credit cards (42%), electronic payment (39%), and debit cards (28%).
4. There will be 27.7 million mPOS devices in circulation in the U.S. by 2021, an increase from 3.2. million in 2014.
5. Over the next 5 years, blockchain technology is expected to reduce the costs of accounting reconciliation by 70% and compliance costs by 30-50%.
6. Enhanced customer experience is the future of payments, as more than 60% of Millennial and Gen Z consumers are willing to share their bank account credentials with third parties.
7. Biometric authentication such as fingerprint ID and facial recognition will be used in more than 18 billion transactions by 2021.

Source:  http://paymentsjournal.com/7-trends-for-the-future-of-payment-processing/.

According to posts on the internet and information gleaned from our Channel Partner Network it would appear that on May 2^nd, 2018 Sage 100 versions 4.5 and prior, formerly MAS 90 and MAS 200, could no longer process credit cards through Paya, formerly, Sage Payment Solutions.  Most companies on these versions of Sage 100 mentioned they had a processing blackout for over 24 hours, some even longer.  It is currently unclear whether the companies using these versions have abruptly been forced to stop processing or whether they will be forced to stop processing as of June 30, 2018 the last day the card brands will allow transactions to flow on any TLS lower than TLS 1.2.   

There are a few main types of credit card processing rates with their own advantages and disadvantages. There are flat rates, tiered pricing rates, interchange plus rates, Level 1, Level 2 and Level 3 processing rates.