After years of having to sort through different NetSuite payment providers, setting up meetings and speaking to sales people just to get a payment processor setup, the NetSuite Braintree payment plugin is here. If you are unfamiliar with Braintree, it is a modern payment processor that is owned by Paypal. It is mostly self-managed where you can login and configure your own payment options, review transactions and saved tokens. The NetSuite plugin was first released by Braintree in the spring of 2023 and has had several updates since, including full ACH support.
In the world of e-commerce and business management, the ability to efficiently manage transactions is critical. Over the years, NetSuite users have faced numerous challenges in setting up and managing payment processors. From sorting through different providers to scheduling meetings and dealing with salespeople, the process has often been cumbersome and time-consuming. However, with the introduction of the NetSuite Braintree payment plugin, these challenges are now a thing of the past.
| Feature | |
| Payment Instruments/Tokens | ✓ |
| ACH | ✓ |
| Credit Card | ✓ |
| SuiteCommerce | ✓ |
| Invoice Payment Link | ✓ |
| Charge Processing Fees | X |
| Sales Order Deposit Payment Link | X |
| Workflow Triggers | X |
What is Braintree?
Braintree, a modern payment processor owned by PayPal, offers a self-managed platform where users can log in, configure payment options, review transactions, and manage saved tokens. Braintree provides a seamless and efficient way to handle various payment methods, making it a preferred choice for many businesses. The NetSuite Braintree payment plugin, first released in the spring of 2023, has since undergone several updates, including the addition of full ACH support.
Key Features of the NetSuite Braintree Payment Plugin
The NetSuite Braintree payment plugin comes with a host of features designed to enhance the user experience and streamline payment processing. Here are some of the key features:
Payment Instruments/Tokens
Braintree supports various payment instruments and tokens, allowing businesses to securely store and manage customer payment information. This feature simplifies the payment process and enhances security by eliminating the need to repeatedly enter payment details.
ACH Support
With the latest updates, the plugin now includes full ACH (Automated Clearing House) support. ACH payments allow businesses to transfer funds directly between bank accounts, providing a cost-effective and reliable payment method.
Credit Card Processing
The plugin supports credit card processing, enabling businesses to accept payments from all major credit card providers. This feature ensures that customers have multiple payment options, enhancing the overall customer experience.
SuiteCommerce Integration
For businesses using SuiteCommerce, the Braintree plugin seamlessly integrates with the e-commerce platform. This integration allows for a unified and streamlined payment process, improving the efficiency of online transactions.
Invoice Payment Link
The plugin includes an invoice payment link feature, which allows businesses to send payment links directly to customers. This feature simplifies the payment process, making it easier for customers to pay their invoices promptly.
The Benefits of Using the NetSuite Braintree Payment Plugin
Implementing the NetSuite Braintree payment plugin offers several benefits for businesses, from enhanced efficiency to improved customer satisfaction. Here’s how the plugin can transform your payment processing:
Simplified Setup and Management
One of the standout benefits of the Braintree plugin is its ease of setup and management. Unlike traditional payment processors that require extensive setup procedures and sales interactions, the Braintree plugin is designed to be user-friendly and self-managed. Businesses can quickly configure payment options, manage transactions, and review saved tokens without the need for external assistance.
Enhanced Security
Security is a top priority for any business handling customer payments. The Braintree plugin employs advanced security measures to protect sensitive payment information. By using tokens and secure payment instruments, businesses can significantly reduce the risk of data breaches and fraud.
Cost-Effective Payment Processing
By supporting ACH payments, the Braintree plugin provides a cost-effective alternative to traditional credit card payments. ACH payments typically have lower processing fees, allowing businesses to save on transaction costs while still providing a reliable payment method for customers.
Need more from the NetSuite Braintree plugin?
Need more from the NetSuite Braintree plugin? Consider using our Smartes plugin to close the gaps identified in your payment processing needs.
While the NetSuite Braintree payment plugin offers a robust solution for handling various payment methods and simplifying the payment process, there are certain features that businesses might still require. This is where our NetSuite Smartes Plugin comes into play. Designed to complement and extend the capabilities of the Braintree plugin, the Smartes Plugin addresses several key gaps, ensuring a more comprehensive and seamless payment processing experience.
Key Features of the Smartes Plugin
Charge Processing Fees
Many businesses need the ability to pass on processing fees to their customers, particularly when dealing with high transaction volumes. The Smartes Plugin includes a feature that allows for automatic processing fee calculations and additions, ensuring that your business can cover transaction costs without impacting your bottom line.
Sales Order Deposit Payment Link
For businesses that require upfront payments or deposits on sales orders, the Smartes Plugin provides a direct payment link functionality. This feature enables you to send deposit payment links directly to your customers, facilitating prompt and secure deposit payments.
Workflow Triggers
Automation is key to improving efficiency and reducing manual workloads. The Smartes Plugin includes advanced workflow triggers that can initiate various actions based on payment events. Whether it’s updating records, sending notifications, or triggering other business processes, these workflow triggers help streamline your operations and ensure timely responses to payment activities.
Conclusion
In an era where efficiency and convenience are paramount, the NetSuite Braintree payment plugin stands out as a game-changer for NetSuite users. By offering a self-managed, secure, and versatile payment processing solution, Braintree simplifies the payment setup and management process, enhances customer experience, and improves overall business efficiency. The NetSuite Braintree payment plugin is designed to be scalable and adaptable, ensuring that it can meet the demands of businesses of all sizes. With ongoing updates and new features in development, the plugin will continue to evolve, providing even greater functionality and flexibility.
As the plugin continues to evolve with new features and updates, businesses can look forward to even more streamlined and cost-effective payment processing capabilities. With Braintree and NetSuite working together, managing payments has never been easier, allowing businesses to focus on what they do best – serving their customers and growing their operations.