How Integrated Payment Processing Is Beneficial For Businesses

Processing card payments whether offline or online is a serious business. Tons of legal and technical obstacles are involved to overcome it, to do it correctly and according to regulations. An integrated payment processing solution is a software application that businesses can use to integrate accounting, customer relationship management and other business applications with payment processing.

For martial arts school owners, martial arts billing software can help them save time and money, reduce errors and help them get a better and more accurate view of your business. JIBASoft has integrated with 360 Payment solutions that allow integrating credit card processing. Some of its features and advantages are auto renewal, set up of term memberships with installment plans, auto payment with the client's credit card, instant notifications in case of failed payments, and notifications to members when payments are late.

Saves Time And Money – The most important benefit of integrated payment processing solution is it allows you to save both time and money. You simply don't have to employ and devote an employee for monitoring, tracking and reporting transactions within your payment environment. Everything happens automatically — without having to directly intervene.

Greater Accuracy – The integrated payments allow you to remove human error from the equation completely. It puts an end to redundant entries, calculation mistakes, and misplaced invoices. Each of the benefits reinforces the first one. When there will be no errors, then there will be few losses, thus leading to higher savings and better profits.

Better Forecasting – It requires a lot of energy and time to figure out where your money is going and why is it going there. But when you integrate these sections together, you gain much more visibility into your business and help you keep track of every business dealings.

Superior Marketing – Similar to the aforementioned advantages, integrated payments allow you to spot new opportunities that might otherwise remain invisible. It helps you in editing the Payment items to Split Payment, receiving Partial Payment or canceling a payment item. It also allows you to export to CSV file all Sales, Payments and Customer Balances based on a specified date range.

Better Customer Service – An integrated payment solution supports your ability to assist your customers and helps you augment your members’ level of satisfaction with their shopping experience.

Stronger Payment Data Security – Utilizing payment integration, sets a higher standard of payments security along with better access and visibility into their own business operations. Network security protects businesses from threats outside of your control like counterfeit fraud and data breaches, which have the potential to compromise stored data and cripple the integrity of their business.

In favor of faster, more connected payment forms, martial arts studio owners are finding the benefits of martial arts billing software equally innovative and effective in the growth of their school. Discover how integrated payments bring these advantages together for your martial arts business with JIBASoft. Request for a free demo now!