Commerce News

Paya Partners With 1Retail To Offer Advanced Payment Functionality in Acumatica Cloud ERP

Paya Partners With 1Retail To Offer Advanced Payment Functionality in Acumatica Cloud ERP

Partnership Allows 1Retail POS Systems to Store Card Information for Future Purchases

Paya, a leading integrated payments and commerce solution provider, announced a partnership with POS system vendor 1Retail to provide them with access to EMV contactless and stored payments in Acumatica Cloud enterprise resource planning (ERP) software. Paya’s improved checkout experience offers best-in-class hardware and complete reconciliation of all credit card and ACH payments.

The Paya and 1Retail integration enables a convenient EMV or contactless checkout experience and allows returning customers to make purchases from stored payment information in the Acumatica ERP without a physical card present. This is ideal for businesses that routinely send colleagues to purchase items on their behalf. Paya ensures PCI compliance for these capabilities by extending the P2PE solution across the entire 1Retail and Acumatica environments.

Latest Fintech News: Top Icelandic Bank Chooses MazeBolt Technologies for Holistic DDoS Protection

“We’re excited to partner with Paya to offer convenient stored transaction capabilities for consumer purchases,” said Gerry Audell at 1Retail. “As e-commerce continues to grow at such a fast pace and offers frictionless purchasing options, it is important that physical stores keep pace and deliver simplified payment experiences as well.”

Beyond improving the customer checkout experience, the Paya and 1Retail integration improves the reconciliation process and reporting capabilities. Paya’s integration helps merchants quickly match transactions with the clearing accounts for simple and exceptionally fast bank deposits. It is especially powerful for multi-location and high-volume retailers, while saving time for all account receivable departments.

Latest Fintech News: Prime Capital Investment Advisors Acquires Liberty Wealth Advisors

“This partnership helps 1Retail offer a unique and advanced commerce experience for multiple verticals,” said Ben Weiner, EVP Head of B2B & Gov at Paya. “Enabling access to card-on-file transactions at the point of sale will greatly improve customer workflows and provide smoother reporting for merchants using this capability from a 1Retail POS terminal.”

Latest Fintech News: Nvizion Solutions Joins BigCommerce Partner Program

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

1 Billion Set to Onboard Crypto using ByBarter

Fintech News Desk

ZALL Makes Headway in Global Digital Trade with New Strategic Rebrand

Fintech News Desk

SAS a 10-Year Leader in Model Risk Governance, per Chartis

PR Newswire
1