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WHAT TO CONSIDER
WHEN HIRING A
PAYMENT PROCESSOR
Allied Wallet
Introduction
 Offering payment-processing services since 2002 in West
Hollywood, California, Allied Wallet supports more than 100
million users worldwide. Allied Wallet maintains Payment
Card Industry data security standard (PCI DSS) Level 1
Compliance to ensure that payment card processing remains
secure at all times.
When selecting a payment processor, consider the
following factors.
PCI Compliance: obtaining certification through the PCI
demonstrates a company’s adherence to security standards
that protect the processing, storing, and transmitting of
payment card information. Specifically, you should use a
processor that maintains PCI DSS certification to ensure they
employ high levels of security to safeguard confidential
business data.
Hiring a Payment Processor
 Payment Option Types: to increase the number of
transactions completed through your e-commerce business,
make certain your payment processor offers multiple types of
payment options. This includes debit and credit cards, as well
as eCheck/Automated Clearing House (ACH) and extended
payment plans. The latter has the potential to increase
average sales by 15 percent or more.
Software Integration: facilitate the reconciliation process
and reduce entry errors by asking potential payment
processors if they offer plugins or application program
interface (API) that sync up with your existing accounting or
enterprise resource planning (ERP) software. Depending on
the company, integrating payment services into the customer
relationship management (CRM) tool may also be an option.
The goal is to use a single interface to minimize cost of time
and money spent managing the software.

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What to Consider When Hiring a Payment Processor

  • 1. WHAT TO CONSIDER WHEN HIRING A PAYMENT PROCESSOR Allied Wallet
  • 2. Introduction  Offering payment-processing services since 2002 in West Hollywood, California, Allied Wallet supports more than 100 million users worldwide. Allied Wallet maintains Payment Card Industry data security standard (PCI DSS) Level 1 Compliance to ensure that payment card processing remains secure at all times. When selecting a payment processor, consider the following factors. PCI Compliance: obtaining certification through the PCI demonstrates a company’s adherence to security standards that protect the processing, storing, and transmitting of payment card information. Specifically, you should use a processor that maintains PCI DSS certification to ensure they employ high levels of security to safeguard confidential business data.
  • 3. Hiring a Payment Processor  Payment Option Types: to increase the number of transactions completed through your e-commerce business, make certain your payment processor offers multiple types of payment options. This includes debit and credit cards, as well as eCheck/Automated Clearing House (ACH) and extended payment plans. The latter has the potential to increase average sales by 15 percent or more. Software Integration: facilitate the reconciliation process and reduce entry errors by asking potential payment processors if they offer plugins or application program interface (API) that sync up with your existing accounting or enterprise resource planning (ERP) software. Depending on the company, integrating payment services into the customer relationship management (CRM) tool may also be an option. The goal is to use a single interface to minimize cost of time and money spent managing the software.