ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CAI Software Helps Clients Simplify E-Commerce Payments

SMITHFIELD, R.I. - June 24, 2022 - (Newswire.com)

CAI Software, LLC ("CAI" or "CAI Software"), a leader in the delivery of mission-critical enterprise resource planning (ERP), manufacturing execution systems (MES) and warehouse management software (WMS) today announced that it has added a fully compliant e-commerce payments engine to its ERP software platforms for the building materials (LBM) and food distribution industries. 

The new payments engine, powered by Fiserv, provides simple, secure, and reliable processing of all major payment methods, and enables CAI customers to offer their customers the flexibility and convenience to pay with a credit card (both in-store and card-present and card-not-present scenarios), a debit card, or via ACH. Credit cards can be securely accepted via swipe or keyed into a computer or any mobile device, including a smartphone or tablet.

"We wanted to make it easy and cost-effective for our clients to accept all payment types — and to save money on exorbitant transaction processing fees that can really impact profitability," said Brian Rigney, chief executive officer for CAI Software. "Our customers will enjoy consistent rates with a flexible fee structure and no set-up, subscription, or licensing costs — whether they pass the fees along to their customers or absorb them. By providing a convenient, one-stop online location for all payments, you can expedite reconciliation of payment activity and maximize electronic payment adoption."

"Leading businesses have stepped up their e-commerce game and are offering their customers 24/7 access to their inventory and place orders remotely from anywhere at any time," Rigney said. "If today you don't offer the ability to efficiently make payments online, then you've fallen behind. Rest assured, many of your competitors are either thinking about or already offering the convenience of online payments to your customers — or they are thinking about how quickly they can."

A distinctive advantage of CAI's payment engine is that it can automatically include Level 2 and Level 3 data with each transaction, so that customers qualify for the lowest possible interchange rate every time. Or, if they prefer, they can lock in a flat, guaranteed interchange rate on every transaction, potentially saving thousands of dollars.

 CAI customers will enjoy a range of convenient features that streamline payments:

  • Easily process debit and credit payments for a low flat rate.
  • Simplify payments, charge customer credit cards, collect funds and update Accounts Receivables in one step.
  • Accept all major credit cards and offer customers flexibility to pay how they want.
  • Save money by reducing interchange fees on card transactions.
  • Enhance cash flow, eliminate the worry about delayed payments or bad checks, and reduce time spent on collections.
  • Automatically charge credit cards at accounts receivable, order entry or invoicing.
  • Store customers' regularly used credit cards using tokenization, saving you from storing sensitive credit card numbers.
  • Improve auditing controls and record keeping.

"Our customers will find accepting online credit card payments to be simple, safe and less expensive," Rigney added. "Our PCI-validated security features include point-to-point encryption (P2PE) and tokenization, which are employed to encrypt sensitive cardholder data, providing the ultimate data breach protection."

About CAI Software, LLC 

CAI Software, LLC is a recognized leader in the delivery of mission-critical, production-oriented enterprise resource planning (ERP), manufacturing execution systems (MES), warehouse management software (WMS), electronic data interchange (EDI), and Enterprise Process Automation (EPA) software and services to leading companies in select vertical markets, including building materials, food processing, precious metals, manufacturing, and distribution. We are headquartered in Rhode Island, USA. For more information, please visit www.caisoft.com.

FOR IMMEDIATE RELEASE 
Wendy Stanley, CAI Software, LLC
(616) 541-6009
wstanley@caisoft.com




Press Release Service by Newswire.com

Original Source: CAI Software Helps Clients Simplify E-Commerce Payments

Recent Quotes

View More
Symbol Price Change (%)
AMZN  226.19
-4.09 (-1.78%)
AAPL  278.28
+0.25 (0.09%)
AMD  210.80
-10.63 (-4.80%)
BAC  55.14
+0.58 (1.06%)
GOOG  310.52
-3.18 (-1.01%)
META  644.23
-8.48 (-1.30%)
MSFT  478.53
-4.94 (-1.02%)
NVDA  175.02
-5.91 (-3.27%)
ORCL  189.97
-8.88 (-4.47%)
TSLA  459.16
+12.27 (2.75%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.