Dynamics 365 Credit Card Payments

Microsoft Dynamics is on the scene to tell you it is time to pay the piper, ante up in the digital world, and is ready to fork over some tools to make retail and commerce transactions a whole bunch easier! 

In today’s digital age, e-commerce has become an integral part of business operations. Take notice next time you are in a brick-and-mortar business, rare I know, but I guarantee shoppers are searching online and possibly even completing a transaction in the store! That is getting meta!  

To facilitate online transactions, businesses must have a secure and efficient system for processing credit card payments. Dynamics 365 provides a comprehensive solution for businesses looking to accept e-commerce credit card payments. 

Steps for Accepting credit card payments with Microsoft Dynamics 365: 

  1. Choose a Payment Gateway: At the end of the day, you only have one rose to give, so choose a payment gateway wisely, preferably one that integrates with Dynamics 365. Payment gateways are third-party services that enable secure online transactions by transmitting payment data between the customer’s bank and the merchant’s bank. Examples of payment gateways that integrate with Dynamics 365 include PayPal, Stripe, Apple Pay (yes, we said it), Ayden, and Authorize.net. 
  1. Configure the Payment Gateway: What good is an unconfigured gateway, just a pile of 1’s & 0’s? This will typically involve setting up a merchant account with the payment gateway provider and connecting it to your Microsoft Dynamics 365 instance. You’ll also need to configure payment options such as accepted credit card types and payment methods. Don’t plan to include those sample wallet inserts like MusterCard and Vasa. 
  1. Create a Sales Order: To test processing a credit card payment in Microsoft Dynamics 365 Commerce, you’ll need to create a sales order for a purchase. This can be done within the Sales module of Dynamics 365. The sales order should include details such as the customer’s name, billing address, and the items being purchased. I suggest a 1000-piece order of Vintage Horn Rimmed Sunglasses from Fabrikam, Inc. 
  1. Process the Payment: Once the retro eyewear has been ordered, the fun begins and so does the processing. Within Microsoft Dynamics 365, when the transaction payment is triggered, it will set the payment process in motion, like Fagan sending the Artful Dodger out into the square to gather coins. The payment gateway will securely transmit the payment data between the customer’s bank and the merchant’s bank. If the payment is approved, the sales order will be marked as paid within Microsoft Dynamics 365. Voila! 
  1. Record the Payment: Finally, once the payment has been accepted, one of the many hamsters located under the hood of Microsoft Dynamics 365 will slowly apply the payment to the corresponding sales order or invoice. Just kidding, the hamsters are caffeinated and work furiously fast!  

In conclusion, Microsoft Dynamics 365 Commerce, a headless commerce engine, provides a modern solution for businesses looking to accept e-commerce credit card payments. By following the steps outlined above, you can begin processing secure and efficient credit card payments with ease. For those organizations already using Microsoft Dynamics for Finance, wow, this integration is going to blow your mind. 

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