DUBLIN, Calif. – Epicor Software Corp. has announced that the Epicor Payment Exchange credit card processing solution is now available to automotive aftermarket parts distributors, jobbers and retailers that want to simplify payment processing and reduce the costs associated with many third-party providers.
"Many third-party credit card processors cater to the interests of national big-box retailers, which can lead to higher rates and reduced convenience for smaller, specialized businesses," said Steve Bieszczat, senior vice president, automotive and marketing, retail distribution solutions for Epicor. "Epicor Payment Exchange puts the power back into the hands of Epicor customers with significant savings in many cases and a full range of services that help save time, reduce hassle and improve the consumer’s buying experience."
According to the company, Epicor Payment Exchange is a convenient, secure service that handles each step in credit card transactions, including authorization, settlement and reporting. More than 1,000 merchants use the solution, whose businesses are powered by the Epicor Eagle business management solution. This scale enables Epicor Payment Exchange users to benefit from volume discounts that often are not passed along to store operators by some other processing firms, according to Epicor. The solution also enables the store operator to integrate credit card processing into their Epicor point of sale solution for increased speed and accuracy, according to Epicor, the company adds.
"We are getting a really competitive (processing) rate and are completing our credit card transactions much faster now that our employees don¹t have to wait in line to use a single machine," said Mike Washington, vice president of Washington Auto Parts & Hardware. Based in Johnstown, Ohio, the company recently integrated Epicor Payment Exchange into its Epicor Eagle for the Aftermarket solution.
