ADP Dealer Services and CenPOS, Inc. Enter Into Exclusive Integration Agreement

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ADP Dealer Services and CenPOS, Inc. Enter Into Exclusive Integration Agreement

Partnership to Provide Retail Electronic Payment Processing Services to Automotive Dealer Clients 

HOFFMAN ESTATES, IL – January 3, 2014

ADP Dealer Services, Inc., a division of ADP®and a leading global technology solutions provider dedicated to helping dealerships drive measurable results across every area of their operation, announced today an exclusive, strategic integration agreement with CenPOS, Inc. to provide ADP Drive Dealer Management System clients with a secure, end-to-end payments solution called ADP ePayments.  The integration will revolutionize how dealers engage their customers, while also drastically reducing back office expenses—a crucial change given the forecasted rise of mobile transaction volume over the next five years.

“CenPOS will provide ADP dealers with a multi-channel payment solution that can help accelerate payment processes, increase customer enablement and reduce overall costs,” said Justin Sprague, Vice President of Product Marketing at ADP Dealer Services.  “With an enhanced, cloud-based, intelligent payment solution, customers will be able to make payments any way, anytime, anywhere.”

The new, integrated solution will be test driven in the marketplace by Braman Cadillac, Miami, Fla.—one of the premier groups of luxury dealerships operating in Florida and Colorado.  “CenPOS helped us automate our customer payment processes, decrease our interchange fees, and reduce the risk of fraudulent activity,” Omar Castillo, Controller of Braman Cadillac said.  “ADP ePayments leverages the capabilities of both companies.  The integration between ADP and CenPOS will allow our dealerships to focus on engaging with customers and creating a seamless consumer experience.  Braman prides itself on delivering exceptional customer service and believes this innovation will help us take it to even higher levels.”

ADP ePayments acts as a total payment solution for dealerships and their customers.  For example, customers can pay an invoice online, or through the Service Advisor using a mobile device as part of the ADP ServiceEdgeSM solution, and receive an email or text notification of the transaction.  Dealers can also manage accounts payable and receivable electronically in their ADP Drive Dealer Management System.

By automating a variety of manual processes and reducing staffing requirements, ADP ePayments can help streamline workflows as well as improve dealership efficiencies and expense management—resulting in increased profitability.

ADP ePayments is being launched in response to key trends emerging in the marketplace that require a total payment solution:

  •  Global mobile transaction volume and value is expected to average 35 percent annual growth in the next five years, according to Gartner, Inc.
  • Consumers expect payment flexibility, without waiting in lines—“shop anywhere” is the new norm
  • The widespread increase of data security breaches highlights the need for dealerships to have a secure payment solution that removes sensitive consumer information from their systems

“These trends are just a few examples of why dealers want to implement a mobile-driven, self-service payment solution that creates a frictionless buying experience for customers and staff alike,” said Christopher Justice, Chief Executive Officer of CenPOS.  “ADP’s strategy of integrating its best-in-class applications with CenPOS’s intelligent payment services perfectly meets the growing consumer demand.”

ADP and CenPOS will showcase the new ADP ePayments solution at the NADA Convention & Expo Booth #2953 on January 24–27 in New Orleans, LA.

About ADP

With more than $11 billion in revenues and more than 60 years of experience, ADP® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries.  As one of the world’s largest providers of business outsourcing and Human Capital Management solutions, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA).  ADP’s easy-to-use solutions for employers provide superior value to companies of all types and sizes.  ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world.  For more information about ADP, visit the company’s Web site at www.adp.com.

The ADP logo and ADP are registered trademarks of ADP, Inc.  ADP ServiceEdge is a service mark of ADP, Inc. All other marks are the property of their respective owners. Copyright © 2014 ADP, Inc.

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement.  CenPOS’s secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships.  For additional information, please call 877.630.7960.

Media Contacts:

Sara Roa
CenPOS
443.824.4527
sara@verasolve.com

Michelle Benko
ADP Dealer Services
847.485.4389
michelle.benko@adp.com

 

 

CenPOS Announces Issuance of U.S. Patent

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CenPOS Announces Issuance of U.S. Patent

Miami, FL (PRWEB) November 19, 2013

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CenPOS, a cloud-based intelligent end-to-end payments platform, announced today that the company has been awarded a patent from the United States Patent and Trademark Office for cash management optimization of payment processing.

U.S. Patent number US# 8577730 entitled “Cash Management Optimization for Payment Processing” was awarded to CenPOS for a set of products that use merchant preferences and transaction profiles to manage the expense of payment interchange and provide a method for electronically delivering coupons. Using this technology, businesses can accept any form of payment via websites, store fronts, call centers, and mobile applications to improve customer engagement and simplify reconciliation. The intelligent system closely manages the full lifecycle of each transaction and utilizes advanced risk management and proprietary transaction routing to reduce the total cost of payment acceptance. The issuance of this patent validates the groundbreaking technology that CenPOS provides to a wide variety of industries including automotive, manufacturing, distribution, insurance, healthcare, and others.

“We are honored to receive a U.S. patent recognizing our unique work in payment processing. CenPOS creates an efficient customer shopping experience that correctly applies a merchant’s business practices to improve operational efficiency and reduce expense,” says CenPOS Chief Executive Officer, Christopher Justice. “The technology behind CenPOS is unlike any solution on the market today. The ability of our system to immediately identify the type of transaction and automatically know how to route that transaction at the lowest cost is revolutionizing the way merchants do business across a number of industries.”

CenPOS’ patented technology has been deployed to thousands of merchants nationwide. CenPOS can easily integrate into a variety of leading software applications or can be used as a comprehensive, stand-alone solution to deliver superior workflow and efficiency across multiple channels.

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. Our secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information, please call 877.630.7960.

Ingenico Points to CenPOS as Key Factor in Strong Q3 Performance

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Paris, France October 30, 2013 – Ingenico, a leading worldwide provider of payment solutions, has referenced CenPOS a key factor for its substantial revenue growth in Q3 2013.  Click to view the press release.

Moneris Solutions and CenPOS Announce New Strategic Partnership

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Schaumburg, IL (BusinessWire) October 22, 2013

View Press Release on BusinessWire

Moneris Solutions Corp. (“Moneris”), one of North America’s largest payment processors, announced today it has formed a strategic business partnership with CenPOS, a leading provider of cloud-based payment management solutions for the business-to-business market.

CenPOS has integrated Moneris’ advanced payment processing function into its cloud-based omni-channel payment platform to transform the payment processing experience for businesses that sell to other businesses (B2B). The partnership gives companies in the United States and Canada a comprehensive enterprise-class solution and allows them to use a single payment processor in both countries. Together, CenPOS and Moneris provide a suite of end-to-end transaction management tools that help B2B increase sales and minimize costs through a variety of innovative reporting tools and interchange management functions.

In addition to payment processing, CenPOS consolidates data from payments received through all business channels—face-to-face, online, mobile and electronic bill presentment and payment (EBPP)—into an enterprise data analytics platform. B2B companies can now quickly and easily manage this data and identify opportunities and threats that impact their bottom line. The EBPP function enables companies to convert customers that are financing their purchases to customers paying immediately to help optimize cash flow and decrease working capital requirements.

“We could not have found a better partner in the business-to-business space than CenPOS,” said Chris Lee, President of North American Strategic Partners and Emerging Markets for Moneris Solutions. “Their product suite complements our B2B payments expertise perfectly. Together we can help B2B companies improve their cash flow and reduce expenses by driving down the cost of processing card payments.”

“B2B companies are now conducting business and accepting payments through multiple channels, so the need for tools to help them manage those transactions more effectively and efficiently is greater than ever,” said CenPOS CEO, Christopher Justice. “CenPOS delivers a comprehensive suite of omni-channel payment management solutions that improve customer engagement while driving efficiency and reducing costs. Through our integration with Moneris, we have made those solutions more powerful than ever.”

About Moneris

As one of North America’s largest providers of payment processing solutions, Moneris Solutions Corporation (Moneris) offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions annually. Moneris also offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information please call 877.630.7960.

Transform Your Business With Improved Payment Processing

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CenPOS’ Chief Executive Officer, Christopher Justice, had an article published in Industrial Distribution on how to transform your business with improved payment processing. Click here to read the article.

Improving Profit Margins Through Better Payment Processing

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Manufacturing.net has published an article written by CenPOS’ Chief Executive Officer, Christopher Justice, on improving profit margins through better payment processing. Click here to read the article.

Infor Enhances Electronic Processing for Distribution Customers Utilizing CenPOS Enterprise Payment Solution

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Infor Enhances Electronic Processing for Distribution Customers Utilizing CenPOS Enterprise Payment Solution

Miami, FL (PRWEB) October 2, 2013

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CenPOS announced that it has completed integration of its Enterprise Payment Solution with a number of Infor Distribution solutions including SX.e, A+, FACTS and Storefront. Enterprise Payment Solution is a more secure, cloud-based solution that optimizes acceptance for a variety of payment types across multiple channels without disrupting the merchant’s banking relationships.

CenPOS worked closely with Infor and with CenPOS customers to provide a truly holistic electronic payment solution designed to address the inefficiencies experienced in processing business-to-business credit and debit cards as well as checks and ACH payments. Joint customer Don Green, Director of Business Operation at Choctaw-Kaul Distribution said, “We have enjoyed the seamless transition to CenPOS and the ability to settle qualifying Level III transactions without problems. We have also enjoyed the financial benefits associated with this integration, which have saved us an average of 18 percent of our processing expenses.” Infor customers will now be better positioned to optimize the sale of goods and services by accepting both corporate and government purchasing cards while reducing interchange expenses, avoiding costly downgrades, improving data security, and gaining workflow efficiency.

Infor was looking for a partner that could provide a comprehensive solution to benefit its customers both financially and operationally. Andy Berry, General Manager and Vice President for Distribution at Infor stated, “Our customers that are engaging with CenPOS have been very satisfied with the solution, the savings, and the support. There’s also real value in the ‘peace of mind’ gained from knowing electronic transactions are more secure and easier to manage. We’re very happy to be building this relationship with CenPOS.”

“We couldn’t be more thrilled to work with Infor. This relationship quickly extends CenPOS’s reach to thousands of locations across the U.S. and Canada and we believe it will deliver exceptional value to our clients,” said Christopher Justice, CenPOS’ Chief Executive Officer. “This relationship offers compelling benefits that help clients handle payments across channels while improving workflow – saving time and money,” he added.

About Infor
Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 70,000 customers in 194 countries improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit http://www.infor.com.

Infor customers include:

  •     19 of the top 20 aerospace companies
  •     12 of the top 13 high tech companies
  •     10 of the top 10 pharmaceutical companies
  •     84 of the top 100 automotive suppliers
  •     23 of the top 50 largest US public hospitals
  •     31 of the top 50 industrial distributors
  •     26 of the top 35 global retailers
  •     5 of the top 9 brewers

About CenPOS
CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. Our secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information, please call 877.630.7960.

Automobile Payments Shift to Digital Channels

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Automobile Payments Shift to Digital Channels

From PaymentsSource: “Companies such as CenPOS, Ingenico and BillingTree are accelerating payments innovation by customizing their technology for the automotive industry.”

CenPOS Leverages Ingenico’s Telium Technology At Automotive Dealerships Across The U.S

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CenPOS Leverages Ingenico’s Telium Technology At Automotive Dealerships Across The U.S

Atlanta, GA. – August 7, 2013

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Ingenico (Euronext: FR0000125346 – ING), a leading worldwide provider of payment solutions, today announced that CenPOS, a merchant-centric end-to-end payment gateway, has successfully certified and integrated Ingenico’s iSC250 multi-lane device to its secure cloud-based payment platform. This partnership empowers automotive dealerships and other specialty merchants nationwide to streamline their payment acceptance and increase profitability.

CenPOS’ intelligent payment platform drives the customer-facing Ingenico Telium devices to promote customer engagement by capturing debit PIN entry and securing electronic signatures that are stored on the merchant’s behalf. The combined system provides a positive experience at checkout by offering the convenience to pay with any form of payment, including EMV chip card, contactless, and NFC-enabled mobile devices. CenPOS also integrated the iSC250 devices to support their End-to-End Encryption (E2E) security solution, helping automotive dealerships reduce the cost and complexity involved in being PCI compliant.

“Our partnership with Ingenico is a perfect example of how secure and innovative POS technology can drive customer conversations and bring financial benefits to merchants in any vertical. Delivering the ability to steer the customer conversation towards the least costly payment methods while having the capability to capture and complete PIN Debit and signature-capture transactions, helps businesses save time and money, while improving their customer satisfaction,” said Christopher Justice, CEO of CenPOS. “For auto dealerships, and specialty merchants in particular, that traditionally store paper receipts and have limited debit acceptance capability, pairing CenPOS with the iSC250 multi-lane device is a significant boost in operational efficiency and customer engagement.”

Together the two companies have created a customer-centric, secure and scalable payment processing solution that can be effectively leveraged by CenPOS’ network of more than 1,200 automotive dealerships nationwide. The combined solution offers dealerships payment optimization with a reduced payment processing cost.

“Today, consumers are in more control than ever before. They expect a higher level of service and the ability to pay for purchases by whatever method is most convenient for them. Dealerships are challenged to select POS technologies that are both innovative and will maintain relevancy in the future,” said Scott Tubbs, Senior Vice President, Retail Sales for Ingenico, North America. “We are pleased that CenPOS has chosen our solution device with their payment processing platform, intending to use it to create efficiency for their customers through payment innovation.”

CenPOS has already successfully rolled out the iSC250 devices across multiple auto dealerships in the U.S. The company plans to add many more dealerships later this year.

About Ingenico (ING)
Ingenico (Euronext: FR0000125346 – ING) is a leading provider of payment solutions, with over 20 million terminals deployed in more than 125 countries. Its 4,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. For more information, follow us on @IngenicoNA and visit www.ingenico.us

About CenPOS
CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. Our secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information, please call 877.630.7960 or visit www.cenpos.com.

Media Contacts:

Svy Nekrasas, Ingenico, North America
Vice President of Marketing
svy.nekrasas@ingenico.com
Tel: 678.456.1211

Katherine McClure CenPOS
Vice President
kmcclure@cenpos.com
Tel: 770.753.4492

St. Kitts-Nevis-Anguilla National Bank Limited Launches CenPOS Payment Solutions for Merchants

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St. Kitts-Nevis-Anguilla National Bank Limited Launches CenPOS Payment Solutions for Merchants

Miami, FL (PRWEB) May 22, 2013

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Basseterre, St. Kitts, (May 22, 2013) – St. Kitts-Nevis-Anguilla National Bank, the largest bank in the Federation, is pleased to announce the selection of CenPOS as its payments technology partner, introducing its state of the art technology to St. Kitts & Nevis.

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses saving them time and money while increasing revenues by improving their customer engagement. This secure, cloud-based solution optimizes acceptance for all payment types across multiple channels.

Through this agreement, merchants will be able to utilize payment acceptance features not elsewhere available in the Federation. These unique solutions include Electronic Bill Presentment and Payment (EBPP) which enables merchants to send payment requests via email or SMS messages which the customer can pay easily. Mobile payments allows merchants to accept payments with a smartphone or tablet, including the ability to email receipts, capture signatures electronically, and reconcile accounts quickly and easily. CenPOS also enables payment acceptance from any internet-enabled computer to process credit or debit cards.

“We have been very impressed by what CenPOS brings to the market and are excited to launch their rich product suite to our customers. A vigorous marketing campaign has been organized as we believe CenPOS will change the face of accepting payments for all kinds of merchants,” said Mrs. Bernice Grant-Kelly, Assistant Managing Director, BankCards Division.

“We are delighted to partner with St. Kitts-Nevis-Anguilla-National Bank Limited to bring our state-of-the art payment processing technology to the region,” said Mr. Jorge Fernandez, CenPOS Co-founder and Chairman. “Our world-class payment-processing offering compliments the bank’s initiatives and commitment to bring the best-in-breed payment technology solutions to the Federation and the OECS,” added Mr. Fernandez.

“Visa congratulates St. Kitts-Nevis-Anguilla-National Bank on its initiative to provide a new acquiring platform that can offer the latest technology to its merchants in the Eastern Caribbean. We are certain that this innovation will enhance the acceptance experience for both merchants and Visa cardholders, contributing to extend the value of electronic payments,” expressed Lorna Atiles, Executive Director for Visa Inc. Caribbean Region.

Prospective customers are encouraged to contact the Card Centre for more information at telephone # 465-2205 Ext. 1405.

About CenPOS
CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. Our secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information, please call 877.630.7960 or visit http://www.cenpos.com.

Creating Efficiences Through Payment Innovation.