Why is it important to have the best new tools when you’re handling enterprise payments?

The answer has to do with how financial companies support client businesses and the best ways to set up modern merchant systems in today’s high-tech business world.

At Amaryllis, we take pride in maintaining one of the most modern merchant payment services platforms around – and our proprietary enterprise payment technologies work on the principle of automating traditional processes with attention to every kind of standard and detail that applies to this kind of financial work.

Standards and Legal Compliance

One of the fundamental benefits that we bring to enterprise payments is a range of compliance guarantees. 

Our systems are PCI-compliant to meet the mandates that come with handling digital financial data attached to credit cards or customer accounts. At the same time, we’ve developed SOC-compliant systems, to help enterprise payments conform to various accounting standards.

Another type of compliance that we’re particularly proud of is compliance with GDPR or General Data Protection Rule standards. This new European law handles the issue of user privacy by mandating specific controls for various types of user data in enterprise payments and other transactions.

In addition, we have developed our systems with attention to ISO standards and more.

White Label Operations

Another big part of our service provisions involves the capability for white-label use cases.

White label means that a provider will allow a client to rebrand a partner’s service or functionality under their own banner. 

Why is this important? It’s important because companies want to outsource, without ceding control of operations in terms of branding. When you can put your own name on something, it really adds value. We know that, and that’s why we developed the white label process to accommodate our clients in this way. 

Enterprise Payments and Beyond 

When it comes to enterprise payments or any other type of transaction, there’s a life cycle that applies. There’s the key support and arrangement of resources for the environment in which the payments get done. There are all of the identification, verifications, and logging that go on around a particular transaction. Then there is consistency and universality in handling the data that is generated and stored for future operations. You have things like audibility and risk mitigation as well.

Part of the success of our system has to do with understanding that full life cycle, with developing an understanding of the full context and acting on that knowledge. Browse our web site for more on how we support the modern business.