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Microsoft Cloud-based Payment Processing Platform Provides Merchants with Unprecedented Customer Insights with Every Payment Transaction
LedgerPay is the only cloud-based payment processing platform to incorporate data collection and analysis with each transaction, thereby transforming payment transactions into beneficial, profitable, and actionable experiences for brick-and-mortar merchants such as grocers, quick serve restaurants and big box retailers and their customers.
LedgerPay's product suite includes two distinct offerings: payment processing and payment tokenization. The payment processing platform provides traditional payment processing services on a modern, Microsoft cloud-based platform, providing merchants with a combination of exceptional performance and ease of integration that's also highly cost effective. The payment tokenization solution enables merchants to securely and instantly learn specific, definable information about their customers they can leverage for marketing, promotions, and inventory purposes. Unlike loyalty programs, which only account for a small percentage of consumers who opt in, LedgerPay provides data insights from every customer who uses a payment card.
Historically, payment processing vendors have had a singular, narrow purpose: to handle payment at the point of sale. However, when a customer makes a purchase at a brick-and-mortar merchant location, it's more than just an exchange of funds, it's an electronic interaction. When handled properly, that electronic interaction can be unlocked to provide insights into the customer's spending habits,purchasing frequency, and product preferences. Yet, today, virtually none of this data is collected or utilized. Merchants want to make use of this data, but the best they can hope for is to create loyalty and digital programs, hoping enough customers will enroll and regularly utilize the program, often with very mixed results.
"While customer demands have forced merchants to digitally evolve, the payment processing landscape remains static and arcane, making it increasingly difficult for retailers to find value in their payment processing relationships," said
LedgerPay benefits ISOs, merchants, and ACH payables, as follows:
- ISOs-- LedgerPay provides Independent Sales Organizations (ISO) a way to add the value of customer data collection and analytics to their current services, creating deeper loyalty with their customer base.
- QSRs and Grocers-- LedgerPay enables
- ACH Payables-- LedgerPay is a fully-featured payment and settlement platform, providing high-performance payments for enterprises beyond just credit and debit. Enterprises can utilize LedgerPay to enable ACH and other payables automation and integrate it seamlessly with financial operations and financial reporting solutions such as
"Incubating under
Built on a Microsoft cloud-enabled architecture,the LedgerPay API provides live payment and basket data, processing it securely and in a compliant manner to a variety of different retail and business systems, including AI and advanced analytics tools for customer experience and business performance management. This process builds a much more meaningful customer profile than is available today, allowing merchants to create personalized, targeted marketing messages for the right products in the right moments.
To learn more about LedgerPay, visitwww.quisitive.com/ledgerpay.
About LedgerPay
LedgerPay, a
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