POS SOLUTIONS, ERP

Consumer Payment Preferences Driven by Convenience and Ease-of-Use, According to InComm Payments Report

InComm Payments | September 06, 2022 | Read time : 02:01 min

Consumer Payment Preferences Driven by Convenience and Ease-of-Use, According to InComm Payments Report
InComm Payments, a leading payments technology company, today released its 2022 Annual Payments Report, which found that consumers identified convenience and ease-of-use as the top factors influencing their choice of payment method. These factors coincide with a growing preference for contactless payment methods, specifically Tap & Go and mobile wallets, which rounded out consumers' five favorite ways to pay behind debit, credit and cash. The report drew responses from more than 3,200 U.S. consumers in June 2022.

"Brands and retailers should pay attention to shifting consumer preferences to ensure they can meet expectations for convenient payment experiences,Our report highlights trends and attitudes around traditional and emerging payment methods, examining how consumers navigate the wide range of payment options available today."

Brian Parlotto, Executive Vice President at InComm Payments

Personal Payment Apps and Mobile Wallets on the Rise
When asked about the personal payment apps (PPA) and mobile wallets they use and recognize, a little under half of surveyed consumers said they used a PPA, while one quarter of surveyed consumers said they used a mobile wallet recently. Moreover, approximately two-thirds of PPA users said they were satisfied with their chosen app, and nearly three-quarters of mobile wallet users expressed satisfaction with their payment method. PayPal remained the most popular mobile wallet among respondents, while Ca$h App and Zelle saw the largest increase in reported use.

High Satisfaction from QR Code and Barcode Payment Users
Consumer awareness of QR code and barcode payments was flat year over year, but those who recently used the payment method reported an increase in every perceived benefit of the technology, from fast and easy-to-use to reliable and secure. QR code and barcode payments were the only method in this year's report to experience an increase in every type of benefit perceived by users. Overall, traditional payment methods such as debit, credit and cash remain highly ranked by consumers, although satisfaction and use of credit declined year over year. The survey also captured how consumers would plan to pay in specific situations, such as making an everyday in-store purchase or sending money to someone they personally know, and identified differences in payment methods among generations.

About InComm Payments
InComm Payments is an innovative global payments technology provider. Leveraging dynamic technology and proven expertise, InComm Payments delivers enhanced end-to-end payment platforms and emerging financial technology solutions through a single integration, helping businesses grow across a wide range of industries including retail, healthcare, tolling & transit, incentives, mobile payments, digital currencies and financial services. By enabling omnichannel connections and alternative payment options to an ever-expanding consumer base in an increasingly digital ecosystem, InComm Payments creates seamless and valuable commerce experiences across the globe. With three decades of experience, over 525,000 points of retail and online distribution, 420 global patents and a presence in more than 30 countries, InComm Payments leads the payments industry from its headquarters in Atlanta, Ga

Spotlight

In this tutorial, we'll show you how to manage inventory settings in the BLAZE dispensary POS system. We'll walk you through how to add inventory, set up inventory locations, and assign inventory to specific POS terminals. Two inventories cannot be deleted. The Exchange inventory and the Safe inventory. The Safe inventory houses all the sellable inventory in your retailer. The Exchange inventory is used for making transfers for defective or returned products.


Other News
ERP

Datanomix and ProShop ERP Partner to Deliver Automated Job Costing and More for Precision Manufacturers

ProShop | September 12, 2022

Datanomix, the leader in Automated Production Intelligence™, and ProShop ERP, a leading supplier of digital manufacturing management systems, today announced a partnership to help manufacturers deliver more insights from their operational data. The first of many new features delivers automated job costing analytics that compare ProShop target takt times for part production to actual part performance at the machine. The ability to compare ProShop targets to Datanomix actuals and benchmarks offers complete clarity on gross margin performance on a per part basis relative to machining operations while highlighting where the greatest opportunities for margin improvement exist. Partnering with best-in-breed vendors like ProShop ERP is part of a larger strategy of integrating high-impact sources of data into the Datanomix platform, stated John Joseph, CEO and co-founder of Datanomix. We continue to deliver on our vision of being the analytics engine for manufacturing operational data, delivering live end-to-end factory insights that drive business success and empower manufacturers with the digital leverage they need to harvest efficiency. Our partnership with ProShop ERP brings two leading vendors together who share the same values relative to the experience we are trying to deliver for manufacturers. A ProShop ERP integration is now available inside the Datanomix platform. By enabling this integration, Datanomix automatically matches part numbers in the machine code to those from the ProShop ERP system and extracts target takt times. These targets are integrated into the Datanomix Quote Calibration Report to quickly identify opportunities for margin improvement by comparing the ProShop target takt times to Datanomix actuals and benchmarks. Pre-packaged filters in the report show exactly which jobs to work on —Biggest Winners, Biggest Losers, Losers that Could Be Winners, and Winners with Upside— are a Continuous Improvement leader's dream. "ProShop ERP is built to store and manage the data that's vital to running a factory, helping manufacturers make better decisions for both their front office and their shop floor. What's important to our customers is what's important to ProShop, and by partnering with Datanomix, we're closing a loop that lets our customers tie true machining costs back into our existing job costing and profitability workflows by refining the exact machine utilization times to augment our current labor, out-of-pocket cost and overhead costs. This gives our shared customers a massive advantage in their ability to improve job margins, and completely remove the guesswork from this process with the information being provided by Datanomix." Paul Van Metre, co-founder and CEO of ProShop ERP Knowing how much it really costs to produce parts is the holy grail for precision manufacturers when it comes to job costing and quoting said Greg McHale, CTO and co-founder of Datanomix.With Datanomix, manufacturers get operations data directly from CNC machines, offering an incorruptible window into actual job performance derived while running parts because there is no operator input required. Our partnership with ProShop creates a secret weapon for job margin improvement and, ultimately, EBITDA improvement. And it's just the beginning of our plans to accelerate and automate insights for manufacturers. Hill Manufacturing in Broken Arrow, Oklahoma, is one of many shared customers excited about the Datanomix and ProShop partnership. According to Mike Payne, president of Hill Manufacturing, We've been a ProShop ERP customer for a while, and as we looked at production monitoring solutions, our ProShop rep suggested Datanomix. We loved the real-time operations data with no operator input, and the integration between the two companies. I can see right in Datanomix if I'm running profitable jobs, and I have the feedback in ProShop when I go to quote the same job again or I'm working on a similar part. This puts me in the driver's seat in controlling my job performance and profitability. A demonstration of the combined solution is available by completing an online form on the Datanomix website at www.datanomix.io/schedule-a-demo/. Existing joint ProShop/Datanomix customers can reach out to Datanomix Support to enable the integration. And if you're attending the International Manufacturing Technology Show (IMTS) in Chicago, Illinois from September 12 - 17, visit the East building and stop by to see Datanomix in booth 135958 and ProShop ERP in booth 133027. About Datanomix Datanomix delivers Automated Production Intelligence for discrete manufacturers with no operator input required. Its core product set includes its flagship Production Monitoring system, along with Digital GEMBA Boards, and Condition Monitoring systems. Based in New Hampshire, Datanomix exists to provide manufacturers with out-of-the-box reports and workflows that align with the way manufacturing people already work, without the need for manual data crunching or workflow disruption. About ProShop ProShop is an ITAR compliant, secure, comprehensive, web-based, and paperless shop management system for small to medium precision metalworking companies. ProShop provides real-time insight into every detail of a manufacturing company and is best described as a Digital Manufacturing Ecosystem (DME). ProShop combines the features of ERP, MES, QMS, CMMS, and other software for machine shops, fabricators, job shops, and contract manufacturers. It serves manufacturers in regulated industries who need tight controls on their process and want exacting and timely information to make the best and most profitable decisions.

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ERP

Acumatica Expands Channel Focus with New Services Partner Program

Acumatica | October 11, 2022

Acumatica, the world's fastest-growing cloud ERP company, today announced the creation of a new Services Partner Program that will bolster its expanding ecosystem of customer support and engagement joining a robust list of Value-Added Resellers (VARs) and Independent Software Vendors The new program will enable Services Partners to help Acumatica customers implement and apply their ERP software to their greatest advantage by providing expert configuration, development, and technical consultations and customizations. These implementation specialists will work with and enhance the ongoing efforts of Acumatica's VARs and ISVs. They will also be able to refer new leads back to authorized Acumatica VARs through Acumatica's partner referral program. Services Partners will be considered "industry authorized" after completing two successful implementations of an Acumatica Cloud ERP industry edition, a designation that authenticates their technical knowledge and capabilities when implementing each of Acumatica's Editions. "We are delighted to welcome Services Partners into our industry-leading, mid-market ERP ecosystem,Industry-authorized partners will play a vital role in supporting the rapid growth of Acumatica's customer base. This program evolution allows customers to focus on business benefits and access a broader range of partners that deliver specialized, high-quality services in their areas of expertise. By creating the Services Partner Program, Acumatica again demonstrates its commitment to unlocking better, faster customer time to value." CJ Boguszewski, Acumatica's vice president of partner strategy and programs. According to two industry-authorized Acumatica Services Partners, Acumatica's VARs represent the best in customer acquisition and management.As an industry-authorized Acumatica Services Partner, Tayana Solutions has the credentials to provide consulting services to all Acumatica customers," said Vijay Ural, president of Tayana Solutions. The Services Partner Program allows us to avoid channel conflict and work in concert with Acumatica VARs to deliver timely, complementary value to the ecosystem. Tracy Bell, associate vice president at Tilson, said, "Tilson is on a mission to take on new and complex challenges and create a meaningful impact for our customers. Our team has been developing business processes and implementing construction software solutions since 1997. As we've grown, we've widened our capabilities to serve construction companies. As an Authorized Acumatica Services Partner, Tilson will broaden its offerings and have the credentials to provide implementation services to all Acumatica construction customers." About Acumatica Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business.

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POS SOLUTIONS

Givex Canada Corporation Announces Partnership with Enactus Canada

Givex | December 02, 2022

Givex Canada Corporation announced today its partnership with Enactus Canada, a national charity and the country's largest post-secondary experiential learning platform, to help shape entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada. Having had the privilege of judging both International and Canadian Enactus competitions it became very clear to me that Canada has a new generation of brilliant and motivated young leaders in our universities," said Don Gray, CEO of Givex. "I believe it is important to give these young leaders a platform to test their ideas and learn what it takes to not only have an idea or a dream but how to do the work needed to make it a reality. Enactus Canada is doing this for Canadians, and as part of a global organization, it is helping young leaders in many countries gain this same experience. Givex is proud to support Enactus Canada as a Gold Sponsor. Givex joins other leading Canadian companies in supporting Enactus Canada's mission of shaping generations of entrepreneurial leaders who see business as a way to address social issues. "We are thrilled for Givex to join the Enactus Canada community,Not only are they a leading global fintech company, but their focus on diversity and inclusion is paramount in all that they do as an organization." Allyson Hewitt, Enactus Canada President and CEO. About Givex Givex is a global fintech company providing merchants with customer engagement, point of sale and payment solutions, all in a single platform. We are integrated with 1000+ technology partners, creating a fully end-to-end solution that delivers powerful customer insights. Our platform is used by some of the world's largest brands, comprising approximately 118,000 locations across more than 100 countries. Learn more at givex.com. About Enactus Canada Enactus Canada, a national charity and the country's largest post-secondary experiential learning platform, is shaping entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada. Guided by academic advisors and business experts, more than 3,000 post-secondary students led 188 community empowerment projects and business ventures last year in communities coast to coast, directly impacting over 30,000 lives.

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omnichannel payments

PCI Pal partners with Virgin Atlantic to secure its international omnichannel payments

PCI Pal | September 30, 2022

PCI Pal the global provider of secure payment solutions, has today announced that its solution, PCI Pal Digital, has been selected by Virgin Atlantic to support the airline’s international omnichannel strategy. The airline’s decision to update its existing PCI compliant payment handling system, and the selection of PCI Pal Digital, was driven by changing consumer habits during the pandemic. This saw Virgin Atlantic’s global customers adopt a broader range of digital payment methods including web, email, mobile, social media, chat, and messaging services. Virgin Atlantic’s contact center as a service (CCaS) technology partner Genesys coordinated the integration of the payment security solution. PCI Pal has been a Genesys AppFoundry partner for three years and supports the firm in delivering secure payment solutions to its enterprise customers across the world. With proven integrations, the team successfully incorporated PCI Pal Digital with Virgin Atlantic’s booking systems across the enterprise, taking the payment process out of scope, to deliver PCI DSS compliance within all territories. “Virgin Atlantic is committed to providing our passengers with the very best customer experience, supported by the most advanced, secure and convenient payment methods. The implementation of PCI Pal Digital provides the reassurance that customer payments are handled in a secure and compliant manner, regardless of where customers are in the world, or whichever payment method they select.” Chris Imhoff, Transformation Project Manager at Virgin Atlantic, Commenting, Darren Gill, CRO at PCI Pal said, We are delighted to have secured the contract with Virgin Atlantic, via our valued partner Genesys, in order to support the delivery of its global omnichannel payment strategy. Our digital payment solution will enable the airline to take advantage of digital integration for both current and future PCI compliant payment methods; it also reinforces our expertise in supporting some of the largest worldwide brands with their payment security and PCI compliance needs. About PCI Pal PCI Pal (LON: PCIP) is a leading provider of SaaS solutions that empower companies to take payments securely, adhere to strict industry governance, and remove their business from the significant risks posed by non-compliance and data loss. Its mission is to safeguard reputation and trust by providing customers with secure payment solutions for any business communications environment including voice, chat, social, email, and contact center. PCI Pal is integrated to, and resold by, some of the worlds' leading business communications vendors, as well as major payment service providers. PCI Pal products can be used by any size organization globally, and it is proud to work with some of the largest and most respected brands in the world.

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Spotlight

In this tutorial, we'll show you how to manage inventory settings in the BLAZE dispensary POS system. We'll walk you through how to add inventory, set up inventory locations, and assign inventory to specific POS terminals. Two inventories cannot be deleted. The Exchange inventory and the Safe inventory. The Safe inventory houses all the sellable inventory in your retailer. The Exchange inventory is used for making transfers for defective or returned products.

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