Settlement

Functionality discussions and feature requests

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mspangler
Posts: 1
Joined: Tue Mar 25, 2014 11:46 am

Settlement

Post by mspangler »

Does Cyclos provide any means to settle payments like through an ACH file? Does it handle debit/credit card processing?

admin
Site Admin
Posts: 1423
Joined: Mon Jan 24, 2005 10:31 am

Re: Settlement

Post by admin »

In Cyclos 3 the bookeeping feature allows importing payments (transaction files). Which can be processed (generate payments in Cyclos).
Cyclos version 4.2 will come with an import function for transaction files. This version will have also a payment extensions which can be used for access to third party systems. The payment extensions will work similar as Cyclos3. See wiki: http://www.cyclos.org/wiki/index.php/Extension_points

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