Wholesalers account for a significant portion of commerce worldwide. Wholesale businesses purchase large quantities of items in bulk directly from manufacturers at discounted rates and then sell goods to various retailers or individuals for a profit. Wholesalers are an integral part of almost all every business and can deal with everything from manufactured commercial products, food, raw materials, real estate and even financial products. Almost anyone can enter the wholesale business but in order to succeed operators must carefully plan and forecast to ensure that adequate demand exists. Without adequate demand, wholesalers can be burdened with the expense of warehousing unwanted goods.
The operations of a wholesale enterprise depend on the focus of the company. Some operations might have fleets of vehicles while others will operate no vehicles at all, relying on third parties and acting as intermediaries to warehouse and transfer goods. Wholesale businesses employ account executives, buyers, logistics specialists, accountants, and general laborers. All wholesale businesses need to keep track of goods transported between parties. On premise software and software-as-a-service (SaaS) is essential for scheduling, delivery routing, inventory and goods tracking, employee management, accounting, invoicing, billing and wholesale payments.
Payment Integrator has direct integrations into the most powerful wholesale business management and point of sale systems available. We can communicate with wholesale accounting modules and shopping carts with integrated APIs and a hosted payment page (HPP). Our tokenized transaction process allows for the ability to create and store customer profiles for repeat customers, payment plans and scheduled payments. Our system accepts credit card and debit card payments as well as ACH transactions and e-wallet options like Apple Pay and Google Pay. All of our wholesale payment integrations are secure and PCI Compliant.
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