At eirpoint we find innovative ways to increase our retailer’s profitability. Giving our retailers access to the best and most advantageous card payment processing services available Worldwide is part of the added value we bring to the table.
When was the last time that you REALLY examined you merchant account card payment charges in detail? Do you ignore those monthly statements that you received, mainly because they are difficult to decipher? Do you know what rates you are being charged for each card payment? Does your card payment provider share their margin with you? Are you seeing PCI non-Compliance charges being charged on your account? Are you paying a monthly rental fee for your card payment device? Does it strike you as strange that you are paying monthly rental for a device that makes the card processor money?
At eirpoint we work with partners that are transparent. They show the retailer the margin they make. We can work with you and show you how to become PCI compliant and put an end to these non-compliance charges. We also offer our retailers the option of purchasing and owning their payment devices. This puts an end to the monthly rental fees and you own a depreciating asset that your accountant can use wisely.
Most merchant account contracts work off CONTRACT prices that are also known as blended percentages. These contracts mean that your payment provider is not being upfront or transparent with you regarding the fees that they earn. Indeed, it is likely that if you are on a contract based on a blended or fixed percentage per card that you are likely paying a lot more than you should be in card processing charges.
The more transparent pricing model is known in the industry as interchange-plus pricing. Normally this payment model was only available to larger, more-established businesses. The card processors felt that they could compensate for offering lower rates by only making it available to merchants who had a very high monthly sales volume. Traditional small businesses were stuck with tiered pricing plans, and forced to pay a premium for being small businesses. eirpoint has now changed that and can now offer all our retailers the benefits of interchange+ pricing.
Accepting credit cards in your business is something of a two-edged sword. On one hand, they’re extremely convenient for your customers, which generally translates into more sales. At the same time, processing a credit card transaction costs money, and the fees associated with maintaining a merchant account cost even more money. These expenses eat into your profits and increase your overall cost of doing business. Nonetheless, as customers increasingly turn away from paying with cash and use credit or debit cards whenever possible, most businesses will have to accept credit cards to remain competitive.
We have been working with retailers for close to 15 years in order to grow their business. The evolution of retail over this period of time has meant that we have helped retailers to embrace new sales channel opportunities. The World of retail is moving with pace towards an omni channel retail marketplace where competition is keen and the ability to respond rapidly to customer queries on all channels is a pre-requisite to staying in business. As software developers we value and plan for integration between retail ERP solution and your website. Our comprehensive API gateway ensures that we can integrate our retail software solutions with a myriad of shopping cart systems including Magento, Open Cart and nopCommerce. Integration between your ePOS software and your ecommerce website allows for maintaining accurate real time stock control and allows you to update your stock levels at the touch of a button.
Benefits of eirpoint ePOS Integration
Duplication of Effort
When your ePOS and ecommerce website are integrated there is no need for duplicate data entry. Inferior retail solutions will require you to maintain two separate product, sales and customer databases. With our integrated solutions none of this is required as your ePOS and website share the same data.
Your ePOS and website also will hold the same stock figures. If you sell from the website or from the physical store your stock is updated accordingly. You can manage dedicated stock for your web sales or you can serve both sales channels from the same stock location. The choice is yours and our retail solution supports both approaches to ecommerce stock control.
Open 24 hours 365 Days a year
Even after your physical store is closed for business your website will continue to sell. Stock figures are adjusted and sales will be processed.
Call eirpoint today for a quotation for a fully integrated ePOS and website solution to suit your needs.
UK Customers: +44 (0)1707 818172
Irish Customers: +353(0)656868880
Outside UK & Ireland: +353(0)656868880