Businesses that accept electronic payments across multiple channels (in-person, online, or via mobile) must navigate various complexities. Choosing the right payment processor system can significantly impact long-term success and influence many aspects of your business.
At Red Maple, we know you want to get more and do more with your software, but you might be worried about changing credit card processors. That’s why we focus on integration with and the power of choice. fully integrates with more than 15+ of the leading credit card processing companies across the globe for a true end-to-end solution with no transaction fees. You choose the processor; Red Maple will do the rest.
Should You Change Payment Processors?
Switching can feel overwhelming, especially if you have invested significant time and money in your current payment processor. However, as your business evolves, so should your technology. If your current payment processor leaves you with high fees, limited options, or poor support, staying put can be an expensive mistake. Moving to a better-suited processor can enhance operations, increase savings, improve security, and boost customer satisfaction.
What Prevents You From Switching?
Before deciding to switch, confirm that your payment integrator allows processor changes. Many payment integrators are owned by processors or banks, limiting your flexibility to transition to another provider. Ensuring that your system supports an easy switch will save you headaches.
Key Features for a Smooth Transition to Another Payment Processor in Dynamics 365
Here are some key features and services to consider when choosing a new payment processor.
1. Security & Convenience Features of Dynamics 365 Payment Processing
In today’s digital landscape, security and convenience are essential. Look for these critical features:
Credit Card Tokenization: Converts sensitive card data into secure tokens, reducing fraud risk by keeping raw card details off your system.
Network Tokens: Issued by major card networks, these dynamic tokens add an extra layer of security, making it harder for bad actors to steal and misuse credit data.
Automatic Account Updater: Ensures stored card details are updated automatically, reducing declined transactions and providing seamless customer experiences.
2. Fraud Protection & Success-Driving Services
A substantial payment processor handles transactions efficiently while it protects your business and customers. Look for these features:
Fraud Detection: Choose a provider with real-time monitoring, machine learning algorithms, and risk scoring to identify suspicious transactions.
Surcharging: Helps businesses offset processing fees by passing costs to customers within legal limits.
Recurring Payments: If you rely on subscriptions or repeat purchases, ensure your processor supports automated billing for predictable cash flow and improved customer satisfaction.
3. Payment Options that Customers Appreciate
Diverse payment methods enhance the checkout experience and boost sales. Look for support for:
Bank Payments: ACH, EFT, SEPA, and BACS offer lower transaction fees than credit cards.
eWallets: Apple Pay, Google Wallet, and PayPal provide fast, secure transactions.
eCommerce Integration: Seamless compatibility with platforms like SFCC, BigCommerce, Magento, and WooCommerce improves conversions.
Gift Cards: A great option for retail businesses to drive sales and customer loyalty. By allowing customers to purchase and redeem gift cards, you’ll add convenience and incentivize return visits.
4. Going Global? Payment Processor’s International Capabilities in Dynamics 365
If you’re expanding internationally, your processor must handle cross-border transactions efficiently:
Multi-Currency Support: Allows customers to pay in their local currency.
Dynamic Currency Conversion: Enhance the shopping experience for global customers.
International Fraud Prevention: Protects against global threats, safeguarding your reputation and profits.
5. Support That Won’t Let You Down
Reliable technical support is essential, especially for high-transaction businesses. Look for:
24/7 Availability: Ensures help is accessible at all times.
Fast Response Times: Clear SLAs for quick issue resolution.
Expert Assistance: Dedicated account managers and knowledgeable staff.
Flexible Communication Channels: Phone, email, chat, and ticketing systems for convenience.
Proactive Monitoring: Identifies and resolves issues before they impact transactions.
FAQs
When should I switch payment processors?
If you’re dealing with high fees, limited payment options, poor support, or technical issues, it’s time to explore new possibilities.
How can I ensure a smooth transition?
Carefully evaluate providers, plan the migration process, and secure your data to minimize disruptions.
What fees should I watch for?
Look out for cancellation fees, setup costs, and ongoing transaction fees that may impact your bottom line.
Will switching impact my customers’ experience?
With careful planning and a strong integration strategy, customers won’t notice the transition.
What security features should I prioritize?
Tokenization, automatic account updates, and fraud prevention tools should be top priorities to protect data and minimize chargebacks.
Why Choose Red Maple?
Advanced Credit Cards for F&O enables you to securely accept and process credit card payments while reducing the risk of fraud and theft. All without sacrificing customer service. You can securely handle multiple credit card transactions in retail, e-commerce, and call centers. Our fully integrated credit card processing solution lets you choose your payment processor while avoiding transaction fees.
At Red Maple, we understand that software should be powerful, easy to use, and secure. Globally deployed by over 500 companies and a trusted Microsoft Dynamics partner since 2003, Red Maple’s solutions maximize your Microsoft Dynamics 365 software and streamline complex operations. Our native extensions for Finance & Operations (F&O), Business Central (BC), Sales, and Field Service allow users to choose their processor, accept multiple payment types, transact in multi-currency and surcharge credit card transactions, and support simple to complex business processes.
of our simple, secure solutions with customizable pricing and features used by 70k+ users worldwide. Or our experts at Red Maple.
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