Businesses Embrace Benefits of Digital Payment Processing

A Chicago-based company that provides payment processing systems to clients nationwide, Retriever Merchant Solutions was ranked as one of the Top 10 Retail Payment Solution Providers by Retail CIO Outlook magazine. Committed to providing clients with high-quality payment processing solutions, Retriever Merchant Solutions (RMS) aims to help companies attract and retain loyal customers.

As more payment-processing technologies become available, business owners are learning that they can use their points of sale to drive future sales. Some businesses have become creative in demonstrating how integrated payment processing can play a role in building customer loyalty and encouraging additional purchases.

Payment processing solutions can be seamlessly integrated with point-of-sale systems to meet the needs of the retail and restaurant industries. For instance, department stores can provide mobile point-of-sale devices to enable customers to complete mobile wallet transactions. In addition, restaurants can offer mobile devices that enable customers to place orders from anywhere inside the location.

Please visit http://www.rmsnpc.com/ for more information.

ShopKeep Raises $65 Million in Latest Funding Round

A noted payment-processing services company, Retriever Merchant Solutions serves over 30,000 clients nationwide and has catered to businesses in the wholesale, retail, restaurant, jewelry, and Internet industries since 1994. Among the technology solutions that Retriever Merchant Solutions offers is the tablet-based point-of-sale (POS) system ShopKeep, which recently held a successful funding round to further its operations. The December 2018 funding round amounted to a total of $65 million in debt and equity financing, which was procured from major FinTech and SaaS investment players Tribeca Venture Partners, First Data Corporation, and Salesforce Ventures. ORIX Growth Capital and Pacific Western Bank’s Square 1 Bank financed the debt portion of ShopKeep’s funding round. The $65 million will reportedly be used to expand the capabilities of ShopKeep’s tablet-to-cloud platform, which is used by over 25,000 restaurants and independent retailers. The company will also use the funding to

Worldpay Tracks Consumer Banking Behavior

A leading provider of payment processing services and systems, Retriever Merchant Solutions serves business clients in Chicagoland and beyond. Dedicated to providing clients with the most secure payment technology, Retriever Merchant Solutions recently announced that it had become a top independent sales office for Vantiv, LLC, which has rebranded itself as Worldpay, Inc., since acquiring it. The largest debit and credit card processor in the United States, Worldpay provides retailers with the tools they need to process transactions conveniently and securely. Moreover, it undertakes monthly market research in a variety of industries to keep its clients informed of the latest trends. Available at www.vantiv.com/statistics , these “fast facts” are easy to digest. The company’s recent research includes insights into the banking industry. Consumer loyalty and satisfaction with their primary banking provider runs high, with an average of seven-and-a-half years of loyalty to that provider

Payment Technology Innovation Changes Face of Restaurant Industry

Retriever Merchant Solutions (RMS), based just outside of Chicago, serves its tens of thousands of corporate clients as a leading international provider of point-of-sale and other payment-processing systems and services. Now partnered with Worldpay (previously Vantiv) as an independent sales office, Retriever Merchant Solutions continues to improve on ways it can streamline payment-processing functions in multiple industries, including the fast-food and fine-dining sectors. Customers in today’s fast-paced world often select restaurants for their lunch or dinner breaks, based in part on exactly how quickly they can pay after enjoying a meal or choosing a snack. Worldpay and the other payment systems offered by RMS address this need in ways that have led to early adoption and rapid integration on the part of restaurant clients. Among the payment-processing options gaining attention from the restaurant sector are platforms supporting contactless payments. A customer simply taps a mobi

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