The Leading Oracle-Validated Payment Solution

JunoPayments’ Oracle-validated Payment Gateway connects Oracle to the banking system, allowing you to safely and smoothly process all transactions.

When small retailors begin to conduct sales through POS or mobile terminals, the selection of a payment processing platform is often a trivial task.  As it can stay stand-alone just to accept non-cash payments, with minimal need to integrate with the accounting system.

Adopting a similar approach for Small and Medium Enterprises (SMEs) and large corporations – where one operates a complex back-office system and in many cases – one or more ERPs, can lead to significant challenges during or shortly after implementation.

Why?  In a complex organization, integration across functional components to ensure information flow seamlessly across them is sometimes overlooked, especially if one takes a myopic view on payment processing just from a financial perspective.  While companies with large corporate IT and development team have the experts to identify these gaps, such talent may not be available to SMEs.  As volume and workload ramp up, these bottlenecks can impact your overall operation with missing information, manual data entries, improper reconciliation, and multiple versions of truth.

Take B2B transactions for example, you may have order entry, tax calculation, AP/AR, invoicing, and payment processing as part of your platform.  Payment transactions and settlement are reported in the payment gateway in your vendor’s cloud.  In order to incorporate these entries into your financial systems, or to obtain a real-time view of your cash operation, information within the gateway must flow seamlessly into your financial and accounting systems.

A similar challenge exists for B2C transactions; whether you have an e-Commerce site, a sales call center, or a physical company store using POS for checkout, omni-channel payment processing is required.  The payment system must integrate with your webstore shopping cart, your POS terminal, and your order entry system at the call center up front.  Later, these payments and settlements will have to flow into your financial and accounting systems.

It is important to view the entire operation as an ecosystem, and identity all the integration points when considering a payment processing platform.  It is equally vital to understand how these integrations are accomplished.  While some providers claim they integrate with the back-office, they rely on custom integrations and with generic middleware.  Such approach is not only costly and time consuming upfront, they are very difficult to maintain as you upgrade/change your ERP or shopping carts in the future.

Juno Payments believes in leveraging pre-build integration as much as possible, and only using custom integration when necessary.  From a technology point-of-view, you get mature, well tested integration faster and with less risk.  From a financial perspective, it minimizes sunk cost for development, lowers operating cost, and speeds up your time-to-market and cash flow.

Currently we support a variety of leading ERP systems including:

SAP

Oracle

JD Edwards

NetSuite

Salesforce

For e-Commerce shopping cart integration, we support:

SAP

Oracle

Magento

Esker

WebSphere

Gateway

Not only does JunoPayments’ gateway connect to all major merchant acquirers, but it also lowers transaction costs by automatically passing Level II/III data and using 3-D Secure.

Instant Reconciliation on Returns

Automatically reconcile deposit details from the bank to match deposits to open receipts and post GL entries.

Account Updater

Retain more customers when you gain the ability to automatically update expired and changed card numbers in Oracle using Account Updater.