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EFT integration with ERP

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“Cash or card?” – The most frequently asked question when consumers arrive at an in-store payment point. Given that card transactions have become the preferred payment method for most consumers, businesses need to ensure efficiency and safety for their customers when trading.

 

EFT provides a quick, convenient way for businesses to manage payments and transactions between multiple banks. You can receive direct deposits and eliminate additional costs such as online processing fees. EFT also includes built-in security features to help ensure that transactions are done through a secure online network and funds are deposited directly into a business’ bank account.


Our ERP solution provides EFT integration to ensure seamless, secure payment processing in real-time— from point-of-sale directly to your EFT terminal. In addition, we are able to process payments from all major banks in South Africa, including, FNB, Standard Bank, Nedbank, Investec, ABSA, Capitec, and RMB.


Over the last few years, retailers have experienced a period of significant transformation with the increased shift to card payments. That is why, we make it our mission to support our customers’ operations and ensure that payment processing takes place as efficient and secure as possible.

A few of the additional benefits you can enjoy from our EFT integration capability:

 

Benefits of EFT integration with K8 ERP

 

Tags: ERP, K8, EFT

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