MERCHANT eSOLUTIONS

Merchant eSolutions (Merchant E) is a gateway and payment processor that specializes in e-commerce.

Example Merchant eSolutions statements below. 

 

 

Feature

 

 

Paystand

 

 

Merchant E

 

Pricing Subscription based on annual volume processed through the system. 

No CC alternatives. "Yes, they have a subscription service for their product which is charged monthly. 

Starts at a flat rate of $49.00/month and is on a usage-based pricing model."

"Fee structure reflects between 2.69% - 4.64% plus txn fees based on qualifying rates. Additionally, they provide AMEX and Virtual Terminal rates in a similar range.  

Integration Native SuiteApp - NetSuite is one-source-of-truth, no syncing back and forth as everything lives natively inside of NS. 

Embedded within new or existing NetSuite templates & workflows.

Merchant E-Solutions has three programs regarding cash applications: Money IN, Money Out, and Money MAX. Automatic Reconciliation pre-built in with SuiteApp.

 

Credit Card Rate 2.39% + $0.30 per transaction (plus ability to pass over to payer if desired)

2.69% - 4.64% + gateway fees per transaction

ACH Rate $0.35 per transaction (plus ability to pass over to payer if desired)

Offers ACH, typically at $0.20 - $0.60 per ACH transaction.

Free Payment Option Paystand's Bank-to-Bank Network (0.00% + $0.00 per transaction) None
Fee Management

Paystand offers two options, Convenience Fees and our Credit Incentivization Feature.

Convenience Fees actually passes the fee along to the payer to motivate them to move over to more cost-effective options. Majority of our customers do this and pass over a 3% fee to create an additional source of revenue to cover the cost of the monthly subscription fee.

The Credit Incentivization Feature allows you to instead offer a 1% credit on the current or next invoice if they choose to pay with Bank-to-Bank instead of CC, which would end up saving you the 1.39% you would have ended up paying had they paid through CC (originally 2.39%.) 

No fee management information found.
Automatic Reconciliation Yes, all reconciliation for payments made through Paystand is done automatically. Merchant E Solutions offers easy transaction reconciliation from the point-of-sale to your business checking account.
Payments Interface Completely customizable to your brand, with smooth customer experience, modern UI/UX, partial payments, and real-time balance updates.

The MerchantE Payment Gateway API provides a simple and secure method of processing credit card payments over the Internet.

Customizable and has a robust UI/UX payment interface, and provides quick access to customer billing and other transactional data. 

Click-to-Pay on NetSuite Invoices Auto-Embedded within new or existing NetSuite templates & workflows. Yes, MerchantE Link-to-Pay for NetSuite.
Cash Application Real Time: payment records written to NetSuite instantly to auto-update the balance on the invoice.

Merchant E-Solutions has three programs regarding cash applications: Money IN, Money Out, and Money MAX. 

Customer Statements Enable your customers to view and pay multiple invoices/account balance with a few clicks, payment records automatically written to corresponding invoices. Statement Pay - Customers paying by clicking Link-to-Pay for NetSuite can make a payment applied to
multiple invoices. 
Automated Payments Create advanced & automated recurring billing schedules for any required configuration (monthly, quarterly, net terms, installments, usage based, etc) directly within NetSuite environment.

Autopay is only available through 3rd-parties such as Zuora, which is pre-integrated with Merchant E-Solutions.

Process your recurring payments through the All-in-One solution.  Simply specify that a specific transaction is recurring and Merchant e-Solutions will do the rest. 

PCI Compliance Funds-on-file are automatically tokenized in a PCI Compliant manner, relieving your team of PCI Compliance restrictions. Level 1 PCI Compliance.

MerchantE is a Level 1 PCI Compliant service provider. 

3rd-Party Required None

Zuora for Automated Payments. 

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1. Merchant-E Example Card Rate: 3.13%

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