Mango Funds®

Mango Funds transforms payment processes, offering a secure digital solution for businesses aiming to accelerate customer payments. This user-friendly platform enables convenient payments through credit cards, transfers, or Lock Box services. Key features include:
  • Streamlined Credit Card Transactions: Simplifies the process, eliminating the need for physical swipe machines.
  • Effortless Importation: Facilitates seamless payment importation, ensuring efficient record-keeping.
  • Secure Data Transfer: Supports the secure transfer of customer banking information data files to processing vendors.
  • Monitoring Capabilities: Empowers users to monitor credit card status, track expiration dates, and efficiently manage expired cards.
  • Automated Workflow: Eliminates manual credit card key-in, streamlining the payment process for enhanced speed and accuracy.
Mango Funds prioritizes financial data security, providing businesses with a comprehensive tool to optimize payment workflows.

Save Time with Efficient Credit Card Processing:

1. Streamlined Credit Card Data Processing:

Mango Funds simplifies and economizes credit card data processing, ensuring your company receives valid and timely payments.

2. Automated Import and Export:

Automatically generate reports detailing the approval or rejection status of each processed credit card. Approved credit account information is seamlessly stored in the Payments file in RMA Corporate or Enterprise.

4. Efficient Bank Data Management:

Mango Funds facilitates the import and export of bank data, creating a text interface file processed by ACH Direct. This file contains valid bank data of customers to be processed.

3. Expired Credit Card Reporting:

Utilize the Expired Credit Cards option to identify credit cards scheduled to expire by a specified date. Generate a comprehensive report of "soon-to-expire" credit card accounts, including customer account activity, credit status, and related information.

5. Lock Box Payment Processing:

Simplify payment transfers into the RMA Corporate or Enterprise system by using a spreadsheet, eliminating manual entry when customers drop off payments at a lock box.

Mango Funds optimizes credit card processing, automating tasks to enhance efficiency and accuracy in financial transactions.

PCI Compliant Security Measures:

Mango Funds adheres to the Payment Card Industry (PCI) standard, implementing robust security measures to safeguard credit card information and financial data from unauthorized usage. Key features include:

  • Token-Based Storage System:
    • Utilizes a token-based storage system for credit card information, ensuring that no credit card numbers are stored in local databases, enhancing data security.
  • Unauthorized Employee Access Prevention:
    • Implements Security Levels to restrict specific employees’ access, preventing unauthorized viewing or accessing of sensitive information within RMA.

Mango Funds prioritizes PCI compliance, providing a secure environment for handling financial data and offering peace of mind to businesses and their customers.

How It Works

Mango Funds facilitates customer charges via credit card or bank transfer, acting as a preparatory tool for credit card processing. It generates a data file containing customer credit card information, which is then transferred to your credit card processing software where the actual transactions take place. Subsequently, Mango Funds receives transaction records from your processing software and seamlessly integrates the data into your RMA Corporate or Enterprise software. This automated process eliminates the need for a credit card swipe machine, streamlining credit card data processing.
The Mango Funds module creates a text interface file that your Global PC can process. This file consists of your customers’ valid credit card data that needs to be processed. You can process transactions for both one-time only customers and month-end customers. Some of the design features of the credit card processing module are detailed above.

Q. Do I need to purchase anything in addition to the Mango Funds Module?
A. Yes. A payment processing software will need to be purchased for credit cards and bank transfers.
Q. What payment processor software do I use?
A. We recommend using Basys. Another good option is Authorize.net. Call 1.209.632.1122 and an ARS employee can assist you with this.
Q. Do I need to use a swipe machine?
A. No. The data is processed like any other payment.
Q. Can I authorize certain users?
A. Yes. Restrict unauthorized employees from accessing data in the module. In RMA go to Security Level Codes > List > Employee Setup > Choose Level Code.
Q. Does this module process credit cards?
A. No. It prepares a data file to send to your credit card processor.
Q. Can I do bank transfers or just ACH?
A. ARS recommends using ACH. We have found it to be user-friendly and dependable while processing bank transfers efficiently.
Q. Can I import bank data?
A. After ACH Direct processes the data in your export file, you will want to import the data, which RMA recognizes as “results” data. Go to Transactions > Import Data > Payments > Bank Transfer.
Q. Can I import customer and credit card information?
A. Yes, you can use an excel spreadsheet to avoid having to key it all in.
Q. Do I have to do reoccurring billing or can I process “One Time Only Accounts”?
A. Yes, but you must designate it on the Bank Information screen

You must currently be running RMA Corporate or Enterprise on your computer. In addition to purchasing the Mango Funds Module, payment-processing software will need to be purchased.