Credit Cards Online Information

Sage Software announced today that a leading consortium of credit and debit card processors in Canada, including Paymentech, TD Canada, BCE Emergis, and Moneris, have officially certified Sage Accpac ePOS point-of-sale (POS) software for use by retailers in the consortium's processing of their credit and debit card transactions with most of the leading banks in Canada, including CIBC, Scotia Bank, Royal Bank of Canada, TD Canada Trust, NDC, Bank of Montreal, and many other smaller Canadian banks. The certification applies to both dial-up and broadband Internet processing of retail transactions in conjunction with approved clearing house partner Tender Retail, who will manage the data transfers from the retailers' Sage Accpac ePOS systems to the credit and debit card processors, and then to the banks.

"We have hundreds of retailers across Canada already using Sage Accpac ePOS for their credit and debit card processing," said Craig Downing, Sage Software vice president and general manager for Sage Accpac. "This certification by leading processors and Canadian banks puts an official stamp on that relationship. With it, we assure peace of mind for current and future Sage Accpac ePOS clients."

As further evidence of the company's commitment to expanding its credit card processing capabilities, Sage Software recently acquired Verus Financial Management, Inc. in February 2006. Verus currently provides electronic transaction authorization and settlement services throughout the United States. With the acquisition, Sage Software plans to further expand Verus' services into Canada. After the expansion is completed, Canadian merchants using Verus will be able to acquire full service, certified credit and debit card transaction processing services, including settlement to their bank of choice.

Sage Accpac ePOS is an award-winning, leading POS application for small and mid-sized retailers. Taking advantage of credit and debit card processing via Internet connections, Sage Accpac ePOS helps clients reduce the wait time of their retail customers -- a critical factor in creating customer loyalty. Payment by credit card is the second most common method (after cash) used by retail customers, with debit cards being the third most used payment method.

# posted by Medical Information : 5:25 AM