Sage System Aims to Simplify, Integrate Payments
July 29, 2013
Sage North America, a unit of global business management software provider Sage Group plc, late last week launched a new system that will enable businesses using Sage Payment Solutions to streamline and simplify payments in omnichannel environments. Businesses that accept payments via Web, mobile and retail point of sale can use SageExchange.com to manage all their credit-card and ACH payment accounts. The company said the new platform, which is optimized for tablets and touch-screen devices, operates in a secure PCI-certified environment. It integrates with Sage accounting and enterprise resource planning solutions, as well as some third-party software.
“Today’s payments marketplace is highly fragmented and confusing,” said Greg Hammermaster, president of Sage Payment Solutions, the payments division of Sage North America. “Most businesses use multiple payments vendors—each with its own support center, administrative Websites and billing statements. Having multiple vendors means managing multiple contracts, dealing with an increased scope of PCI compliancy, and worse, having to keep up with various user names and passwords. Recognizing this hassle, we engineered SageExchange.com to extend only one user name and password across all payment accounts, devices and applications, offering customers significant relief and increased usability.”
The technology allows for single sign-on access to international wires, conversion of checks to electronic deposits, donation payment services, recurring ACH payments, in-store gift cards and the new Sage Business Visa Prepaid card.