How Spreedly and USTPay Are Transforming Payment Solutions

For organizations using Microsoft Dynamics 365 Business Central, efficient payment management is at the very core of cost reduction, cash flow improvement, and maintaining security. USTPay has joined forces with Spreedly to deliver a seamless, innovative payment experience as a dedicated provider of payment solutions for users of Dynamics 365. Together, they solve unique pain points that Dynamics 365 users face while opening doors to broader opportunities through an open payments ecosystem.

Transforming Payments for Microsoft Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central is an all-in-one ERP solution to enhance financial management, operations, and customer engagement. In real-world applications, however, the out-of-the-box payment functionalities in most instances cannot meet the needs of a fully functioning business. That is where USTPay comes in, offering a solution that integrates with Dynamics 365 to bring modernization to payment operations.

Addressing Dynamics 365 Payment Challenges

Many users of Dynamics 365 face high payment processing fees, a lack of flexibility in payment methods, manual reconciliation tasks, and burdens related to PCI compliance. The USTPay solution, powered by Spreedly's open payments platform, addresses these issues head-on.

• Simplified Payments Integration: USTPay, powered by Spreedly, is directly integrated with Dynamics 365 and requires no other tool or extensive and expensive custom development
• Efficiency Automation: The posting of the payment to invoices and general ledger accounts is fully automated to reduce errors and improve reconciliation speed
• Cost Savings with Level-3 Data: The Spreedly platform enables USTPay to provide the capability of Level-3 transaction data for Visa and Mastercard payments, which can go as high as 30% in fee savings for businesses

A Flexible, Secure Payment Ecosystem

USTPay helps organizations be agile and secure in their payment operations with the following features:

• Multi-gateway flexibility: Spreedly enables USTPay to multi-gateway access at more than 120 payment gateways, with the choice of processor that best fits their needs 
• Simplify PCI Compliance: Spreedly's secure hosted iframe fields and tokenized storage keep sensitive data out of the USTPay Dynamics 365 environment
• Global Payment Options: Supported by multiple payment options, like ACH, eCheck, and credit cards, enabling businesses to cater to a global customer base

What differentiates USTPay is that it connects, through one API from Spreedly, with over 120 payment gateways and integrates seamlessly with Microsoft Dynamics 365. This eliminates complexity in managing multiple integrations while giving businesses unparalleled flexibility in choosing the best-suited payment providers for their needs.

The Power of Open Payments 

While USTPay and Dynamics 365 integration solves some specific ERP-related payment challenges, this collaboration with Spreedly opens broader horizons to what is possible through open payments. Spreedly's open payments platform serves as a backbone for innovation, letting businesses adopt a flexible, future-proof payment strategy.

What Are Open Payments?

Open payments represent the ability of businesses to connect to multiple payment gateways, processors, and methods seamlessly from one place. Open Payments ensures that businesses are not locked into any single provider, thus enabling them to adapt quickly to changing market demands, negotiate better rates, and access new markets. While providing optimization services such as payment recovery, fraud tools, evergreen lifecycle management, and more.

Spreedly’s Role in Open Payments

Spreedly enables USTPay to offer open payments through:

• Global Connectivity: Spreedly connects with over 140 payment gateways and also provides alternative methods of payments through the likes of PayPal and digital wallets, thus allowing businesses to cater to the diverse preferences of their customers
• Flexibility and Scalability: Businesses have the freedom to change payment processors or add new gateways with the least effort, eliminating their dependence on one processor
• Enhanced Security: Tokenization makes sensitive payment data secure, and hosted payment pages ease up the burden of PCI compliance

Through Spreedly, USTPay customers benefit from:

• Cost Optimization: With open payments, there is the opportunity to negotiate better fees or experiment with different gateways for reduced costs.
• Future-Proof Operations: Open Payments allow businesses to adapt to trends that come about within the payments landscape, including real-time and buy-now-pay-later options
• Seamless Experiences: Spreedly's platform capabilities make transaction flows smoother to increase customer satisfaction and drive more revenue

The Future of Payments: Dynamics 365, Spreedly, and Open Possibilities

USTPay and Spreedly partner together to bring about the best of both worlds: tailored solutions for Dynamics 365 users and the transformative power of open payments. Through direct integrations with Dynamics 365, businesses can simplify payment processing, reduce costs, and enhance security. Concurrently, Spreedly's Open Payments platform lets merchants tap into the full potential of open payments and ensure long-term flexibility and scalability.

This partnership offers a complete, end-to-end solution for businesses looking to modernize their payment systems, reduce costs, and embrace the future of payments.

Ready to transform your payments experience? Learn how Open Payments can empower your business today.

Download the Payments Orchestration eBook Below