Beanstream links customers, merchants, and financial institutions and facilitate electronic transactions. Beanstream provides credit card processing, recurring billing, electronic funds transfer, automated clearinghouse payment processing and authentication services, along with routing of selected transactions to third party processors and banks for authorization and settlement and check recovery services . Beanstream also provide a suite of tools to help in the identification and reduction of online fraud.
When your clients will open their respective invoice, they will find an option for entering their credit card details in Invoicera in order to complete their payments. Invoicera then asks Beanstream.com to process the credit card payments after which the invoice is marked as "paid".
How to Start:
- Login to your Invoicera account.
- Click on the "settings" option and then go to Payment gateways.
- There you will find the beanstream.com option and after clicking on it, it will ask you for your Merchant Id.
- As soon as you enter Merchant Id, click on the "save" button and you are done with it.