Payment Processing with the Payment Instruments Feature Turned On

The Payment Instruments feature makes using various payments methods more straightforward and, in the case of payment cards, more secure. Payment Instrument is a set of fields that can be used to charge a shopper without any action on the shopper's side.

The Payment Instrument feature substitutes sensitive data with tokens. Tokenization decreases the scope of Payment Card Industry (PCI) compliance considerations.

For information about payment processing with the Payments Instruments feature, seePayment Instruments.

Payment Processing with the Payment Instruments Feature Turned Off

NetSuite payment processing offers several options to capture and disburse payments.

SeePayment Processing Optionsfor a list of payment processing options in NetSuite.

Users with an A/R Clerk role can perform the following tasks:

• Accept customer credit card payments. SeeAccepting Credit Card Payments.

• Manage payment holds. SeeManaging Payment Holds.

• Apply payments to invoices. SeeCustomer Payments

• Email or print payment receipts. SeePayment Receipts.

• Approve customer payments. SeeApproving Customer Payments.

• Record Customer Deposits. SeeCustomer Deposits.

• Manage payments and deposits for a customer-subcustomer hierarchy. SeeConsolidated Payments.

• Process chargebacks. SeeChargeback Workflow.

Users with an A/P Clerk role can perform the following tasks:

• Process direct deposits for employee payroll. SeeAbout Direct Deposit.

• Process bank payments of vendor bills, employee expenses, partner and employee commissions through Electronic Payments. SeeElectronic Bank Payments.

Administrators can setup payment processing options and preferences. For more information, see the following topics: