Predominant Canadian credit card processors certify Sage Accpac ePOS point-of-sale software for credit and debit card processing between Canadian retailers and financial institutions
Pleasanton, Calif., April 18, 2006 - 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.
1.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.
"Our largest Sage Accpac ePOS client, Ardene, sells their clothing and fashion accessories via retail outlets in malls located across Canada," said Vartkes Melkonian, president of Allagma Technologies, a Sage Software business partner located in Laval, Quebec. "Since their customers frequently use credit and debit cards, the speed of completing the transaction, including card processing, is of utmost importance. Sage Accpac ePOS became an obvious choice for satisfying their point-of-sale needs not only because of the system's scalability and customizability, but now with official certification for card processing with the bank they're regularly dealing with, it's truly a perfect fit."
Sage Accpac ePOS-A Certified POS Solution
With features such as loyalty points programs and gift card/certificate tracking, along with sales promotion and multi-lingual translation functionality, Sage Accpac ePOS can be run on a local area network or over the Internet to connect point of sale terminals to back office accounting and inventory databases in real time. This flexibility is especially beneficial for geographically separate, multi-store retail operations, offering sophisticated retail POS functions that previously were out of reach to many small and mid-sized retailers. Real time integration with Sage Accpac ERP back office accounting translates into single point transaction management, and the ability of Sage Accpac ePOS to easily switch between online and offline modes ensures uninterrupted transaction processing.
This certification does not affect pricing of Sage Accpac ePOS, since integrated credit and debit card processing has always been a built-in feature. Sage Accpac ePOS is available for an SRP starting at $3,000 (CAD) for the server component, which includes one POS register license, and $1,500 (CAD) for the POS register component. To locate a Sage Accpac ePOS business partner, call 1-800-945-8007, or visit www.sageaccpac.com.
About Sage Software
Sage Software offers leading business management software and services that support the needs, challenges and dreams of more than 2.5 million small and mid-sized business customers in North America. Its parent company, The Sage Group plc (London: SGE.L), supports 4.7 million customers worldwide. For more than 25 years, Sage Software has delivered easy-to-use, scalable and customizable software for accounting, customer relationship management, human resources, time tracking and the specialized needs of accounting practices and the construction, distribution, manufacturing, nonprofit and real estate industries. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.