Payment Management

Accuracy, regulatory, compliance, auditability

When it comes to managing payments, precision is an absolute must. Payment issues can become emotional customer issues fast. State, local, and other tax laws change frequently, and being out of compliance can be painful. EDGE’s automated payment management systems make sure payments are fully compliant and accurate.

Compliance to tax regulations

Jagged Peak ensures your e-commerce business complies with state and local sales taxes, communication taxes, and other tax laws by using Vertex geo-code technology.

EDGE applies the latest rate and rule changes automatically each month. If customers have a tax exemption certificate, EDGE retains the information and applies taxes appropriately. The systems provides summaries so you can submit tax payments when they are due, and it maintains audit trails, should you need them for an audit.

Payment validation

Save cost by detecting errors made when keying in credit card information by validating entries before submitting them to your credit card processing company.  Transmit payment information to credit and banking institutions instantly, so credit transactions can be authorized real time.

Payment settlement terms