As the internet continues to account for a greater share of commerce with each passing year, state of the art electronic bill systems have become crucial to business. Whether it is for B2B ecommerce solutions or consumer payment processing services, there is a growing need for fast, efficient, and secure merchant processing that is capable of processing high volume transactions.
When you consider the fact that around 90 percent of web users made purchases online during 2012, and even more B2B transactions are taking place over the internet, there are more Level 3 credit card transactions than ever. This means that transactions in totaling hundreds of thousands of dollars are not uncommon. Obviously, the top B2B Ecommerce Solutions must prioritize security.
In order to provide the highest level of security to clients, every merchant that can store and process credit card information must meet Payment Card Industry Data Security Standards. Basically, the PCI Data Security Standards provide a wide assortment of online security tools and software. Among these are framework specifications, measurement tools, and closely monitored support. The most significant part of PCI DSS is that it focuses on prevention, detection, and response to impending security risks and breaches.
When it comes to B2B transactions, regardless of the level of the transaction, security takes precedence over everything else. Fortunately, Arrow merchant systems are not only highly secure, but are versatile portals that offer state of the art features that include einvoicing, credit card storage, recurring billing, and assorted reporting options.
Although there is a wide array of B2B Ecommerce solutions available, there is always room for improvement. With ecommerce experts predicting ecommerce transactions to grow by 20 percent by 2016, there will certainly be a need for an even more efficient and flexible Arrow merchant payment system. After all, as the internet and business worlds continue to evolve, so must the world of online payment processing.