Payment Processing Options

NetSuite offers several payment processing options to capture funds and disburse payments for your account. These features connect your accounts receivable and accounts payable processes with third-party payment systems, processors, and financial institutions to collect funds and make payments.

Payment processing activities include handling of the following:

You can set up payment processing across multiple organizations, regions, and currencies. Payment processing also integrates with your website to capture funds for web orders.

NetSuite supports the following types of funds capture:

NetSuite supports the following types of funds disbursement:

The following table lists features that you can use to make and receive payments in NetSuite:

Feature

Money comes from:

Money goes to:

Payment processed by:

Processor

EFT

Your customer

Your company

ACH process

Coastal

Credit Cards

Your customer

Your company

Credit Card Network

Your Credit Card Gateway

Alternative Payment Methods

Your customer

Your Company

Payment Gateway

Payment Gateway

PayPal Express

Your customer

Your company

PayPal

PayPal

Direct Deposit

Your company

Your employee

Authorized third party

Authorized third party

ACH Vendor Payment

Your company

Your vendor

ACH process

Coastal

Electronic Payments (making payments)

Your company

Your vendor, employees

Your company's bank

Your company's bank or its affiliated payment processor

Electronic Payments (receiving payments)

Your customer

Your company

Your customer's bank

Your customer's bank or its affiliated payment processor

Related Topics:

Banking
ACH Processing
Electronic Bank Payments

General Notices