Merchants using QuickBooks® are forced to make double-entries when completing a transaction. For example, when a merchant processes a payment outside of QuickBooks®, it takes two steps to complete the transaction:
This "double-entry" is time-consuming and inefficient.
With QuickBooks® SyncPay, merchants can process the gateway transaction, create an appropriate accounting entry and automatically mark the transaction as paid without ever leaving the QuickBooks® environment.
QuickBooks® SyncPay Plug-In provides support for payment processing from directly within QuickBooks Pro®, QuickBooks Premier®, and QuickBooks Enterprise® (Version 2007+).
This QuickBooks® Credit Card Processing Plug-In allows merchants to pay invoices, generate sales receipts, process batch transactions, and view batch reports without ever leaving QuickBooks®. Additionally, merchants can process multiple payments against open invoices at the touch of a button. SyncPay also includes support for processing card present swiped transactions after attaching an approved card read
An Internet Merchant Account is sometimes referred to as a "MOTO" (Mail Order & Telephone Order) Account because they all require the ability to process a credit card payment when there is no physical credit card present to be swiped. A standard retail "swipe" merchant account does not allow processing of these "card-not-present" transactions.
If the domestic banks are denying your merchant application because they believe your industry is considered high risk, CyoGate can help! We have an offshore network of merchant processing partners that enable us to provide low cost, high risk merchant solutions to a much wider range of businesses and industries.
The CyoGate Internet Payment Gateway offers one of the quickest and most cost effective ways to accept and process credit card and electronic check payments online. Our payment gateway works with most existing merchant accounts and supports hundreds of popular web shopping carts and eCommerce platforms.