Credit Card Acronyms
ACH Payments by the Numbers
PaySimple Images
Customer-Centric Features
Recurring Payment Practices
100
AMEX
What is American Express?
NOTE: PaySimple enables you to process American Express as well as Visa, MasterCard, and Discover credit card transactions.
Learn More: www.paysimple.com
NOTE: PaySimple enables you to process American Express as well as Visa, MasterCard, and Discover credit card transactions.
Learn More: www.paysimple.com
100
55 cents
100
100
Customers Table
Where can you find a complete list of all Customers in your PaySimple system?
Learn More: www.paysimple.com
Learn More: www.paysimple.com
100
Recurring Billing and Payment Plan
What are the two types of recurring payment schedules supported by PaySimple?
NOTE: Recurring billing schedules debit your customers the same amount each month for the duration you set, Payment Plan schedules debit your customers based on a total amount due and a set number of payments, until the balance due is paid-off.
Learn More: www.paysimple.com
NOTE: Recurring billing schedules debit your customers the same amount each month for the duration you set, Payment Plan schedules debit your customers based on a total amount due and a set number of payments, until the balance due is paid-off.
Learn More: www.paysimple.com
200
MOTO
What are mail order and telephone order transactions?
NOTE: All recurring billing transactions are MOTO, and PaySimple's systems are designed to offer the lowest possible rates for them.
Learn More: www.paysimple.com
NOTE: All recurring billing transactions are MOTO, and PaySimple's systems are designed to offer the lowest possible rates for them.
Learn More: www.paysimple.com
200
R01
What is the ACH Return code for a transaction that cannot be processed due to insufficient funds?
Learn More: www.paysimple.com
Learn More: www.paysimple.com
200
200
View Customer Screen
Where can you find a snapshot view of a single customers' most recent payments, payment schedules, invoice, and invoice schedules?
Learn More: www.paysimple.com
Learn More: www.paysimple.com
200
Semi-Annually
What is a schedule that executes a payment twice per year?
NOTE: PaySimple supports schedules that run daily, weekly, every-other-week, the first of the month, the last of the month, a specific day of the month, quarterly, semi-annually, and annually.
Learn More: www.paysimple.com
NOTE: PaySimple supports schedules that run daily, weekly, every-other-week, the first of the month, the last of the month, a specific day of the month, quarterly, semi-annually, and annually.
Learn More: www.paysimple.com
300
PCI DSS
What is the Payment Card Industry Data Security Standard?
NOTE: The PCI DSS provides the security standards by which all companies that store, process, or transmit credit card numbers must adhere. PaySimple is a PCI Certified Level 1 service provider, which means an independent auditor assesses our compliance with the PCI DSS each year.
Learn More: www.paysimple.com
NOTE: The PCI DSS provides the security standards by which all companies that store, process, or transmit credit card numbers must adhere. PaySimple is a PCI Certified Level 1 service provider, which means an independent auditor assesses our compliance with the PCI DSS each year.
Learn More: www.paysimple.com
300
R10
What is the ACH Return Code for a transaction that your customer claims was not authorized?
Learn More: www.paysimple.com
Learn More: www.paysimple.com
300
300
Customer Portal
Where can your customers log-in to view their payment an invoice history?
NOTE: Each PaySimple merchant gets their own co-branded Customer Portal.
Learn More: www.paysimple.com
NOTE: Each PaySimple merchant gets their own co-branded Customer Portal.
Learn More: www.paysimple.com
300
Custom First Payment
What is the first payment made on a recurring payment schedule?
Note: Custom first payments enable you to create a schedule that debits your customers one amount, on a specific date, and then the recurring amount on the schedule you set.
Learn More: www.paysimple.com
Note: Custom first payments enable you to create a schedule that debits your customers one amount, on a specific date, and then the recurring amount on the schedule you set.
Learn More: www.paysimple.com
400
CVV
What is the card verification value?
NOTE: Called CVV2 by Visa & MasterCard, CID (card identification number) by American Express, and Cardmember ID by Discover, the CVV code is never stored and when provided by a customer when making an online or MOTO transaction provides proof that the customer has the card in hand.
Learn More: www.paysimple.com
NOTE: Called CVV2 by Visa & MasterCard, CID (card identification number) by American Express, and Cardmember ID by Discover, the CVV code is never stored and when provided by a customer when making an online or MOTO transaction provides proof that the customer has the card in hand.
Learn More: www.paysimple.com
400
What is the PCI DSS logo?
Note: PaySimple takes security very seriously. That is why we are audited yearly to document our status as a PCI Certified Level 1 Service provider.
Learn More: www.paysimple.com
Note: PaySimple takes security very seriously. That is why we are audited yearly to document our status as a PCI Certified Level 1 Service provider.
Learn More: www.paysimple.com
400
Customer ID
What is the unique identifier used for each Customer in your PaySimple system?
NOTE: The Customer ID is unique in the entire PaySimple system. Thus, it is an ideal Key to use when importing/exporting PaySimple activity into external systems.
Learn More: www.paysimple.com
NOTE: The Customer ID is unique in the entire PaySimple system. Thus, it is an ideal Key to use when importing/exporting PaySimple activity into external systems.
Learn More: www.paysimple.com
400
Better Cash Flow Management
What can utilizing recurring payment schedules help your small business achieve?
Learn More: www.paysimple.com
Learn More: www.paysimple.com
500
AVS
What is the Address Verification System?
NOTE: AVS is used to match the billing address provided by the customer with the address on file for the credit card. It is just one of many available fraud prevention measures available to PaySimple merchants.
Learn More: www.paysimple.com
NOTE: AVS is used to match the billing address provided by the customer with the address on file for the credit card. It is just one of many available fraud prevention measures available to PaySimple merchants.
Learn More: www.paysimple.com
500
$2.50
500
500
Customer Import
What PaySimple feature should you use to transfer your entire customer list from an external program into PaySimple?
NOTE: You can import customer information as well as one credit card account and one bank account for each customer.
Learn More: www.paysimple.com
NOTE: You can import customer information as well as one credit card account and one bank account for each customer.
Learn More: www.paysimple.com
500
2 years from the last scheduled payment
How long must you retain proof of authorization for an ACH recurring payment schedule?
Learn More: www.paysimple.com
Learn More: www.paysimple.com