The retail industry is responsible for selling all manner of goods and services to end user customers. Retailers generally purchase quantities of goods from manufacturers or wholesalers and then sell those goods at higher prices to customers to make a profit. Anybody with the ability to obtain products in demand for less than they can sell them is capable of becoming a retailer. Retailers may own specialty stores that sell only one type of product, online stores that operate via the internet, grocery stores that sell food and household products, department stores that sell a variety of goods, or warehouse stores that sell products in bulk. Retail companies range vastly in size and revenue. Many retail stores operate under national brands like Target, Nordstrom, Walmart and Amazon but single location and multi-location hardware stores continue to thrive in communities all over the world.
Operating a retail store requires a central location within a community. Some retail stores offer online purchasing and delivery as an additional offering. Other retail stores operate exclusively online. Exclusively web-based retailers provide convenience to their customers with at home delivery and generous return policies. Retail stores are typically staffed with managers, shipping and logistics workers, stock laborers, department specialists and cashiers. These enterprises often run using on premise software and software-as-a-service (SaaS) technology. Such applications offer inventory records, employee management, point of sale, online ordering, billing, invoicing and retail store payments.
Payment Integrator ensures retail payments are safe and simple. With our omnichannel payment platform, retailers can accept payments in person, online, or over the phone. Our gateway handles credit card and debit card payments as well as e-wallet transactions like Apple Pay and Google Pay. We can communicate with retail store accounting modules through integrated APIs and a hosted payment page (HPP) solution that is secure and PCI Compliant. Our solutions come equipped with a variety of P2PE secure countertop credit card processing terminals. Advanced tokenization makes it possible to create customer profiles to setup scheduled payments, payment plans and to manage invoicing for regular customers.
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