Payment processors

Certified payment processors can help you manage funds paid to your business in a quick and secure manner.

Payment processors

Certified payment processors can help you manage funds paid to your business in a quick and secure manner.

Payment processors

Certified payment processors can help you manage funds paid to your business in a quick and secure manner.

Getting paid

Secure speedy credit, debit, and check payments into your company account.

A payment processor (sometimes known as credit card processor) is the company you engage to manage your business’s transactions. Specifically, a payment processor manages funds from sales made to your business.

The most common types of payments are debit, credit, and check.

Many certified payment processors, like us, also offer online and mobile payment solutions.

Processing payments is fast, here’s how it works:

  • The customer presents a method of payment.
  • The processor validates the payment information with the customer’s bank or card association and conducts a series of anti-theft measures.
  • They complete the transaction of funds from the customer to the merchant’s account.

High-risk payment processors

Payment processors and their partnering banks take on a certain level of risk by providing merchant accounts for businesses.  Every dollar transacted through the system could be charged back, potentially leaving the bank responsible for the funds.

When assessing the risk associated with new accounts, banks look at the possibility of chargebacks, as well as the legitimacy of the business. Businesses may be considered high-risk based on legality, ethics, and location.

Not all processors will process payments for high-risk businesses. High-risk processors willing to take on the risk usually do so at much higher transaction rates.
Is your business considered high risk? We’ve listed some examples of the types of companies that would typically be considered high risk below: 

  • Amazon, Yahoo, or Google Stores
  • Auctions
  • Bankruptcy attorneys
  • Casinos, gambling, or gaming
  • Check cashing services
  • Investment firms
  • Lotteries
  • Pawn shops
  • ALL sexually oriented or pornography merchants
     

Speedy payments

With Sage as your credit card processor, you can quickly take payments for goods and services—ensuring smooth cash flow into your account. In a matter of seconds, Sage Payment Processing will communicate with your customer’s bank or card organization, validate your details and complete the transaction into your chosen account.

Security

Sage mitigates the risk of businesses accepting fraudulent payments by providing robust validation processes between the customer, merchant, and the bank or card company.

Processors are held to standards and regulations organized by credit card associations. These standards include rules regarding fraud, chargeback, and identity theft.

Integrates with all of Sage’s payment solutions

With Sage as your payment processor, you can integrate services with all our payment solutions regardless of whether they’re in-store, online, or using mobile.