Basic Software Systems, a business management system provider, and FreedomPay, the U.S. market leader for intelligent transaction management solutions, on Nov. 30 announced the availability of their integrated Dealer Management Solution.
The solution was made available by the certification of FreeWay, FreedomPay’s intelligent transaction processing gateway.
The gateway provides a range of transaction processing functionality for retailers who accept credit cards such as Visa, MasterCard and American Express, including the ability to securely store customer payment information for ‘account on file’ convenience, seamless connection between point‐of‐sale software and credit card authorization center, and integration with other enterprise applications.
In addition, the new transaction processing solution provides two‐way communication between the dealer’s checkout counter and FreedomPay, enabling dealers to enhance the customer experience by driving sales promotions and incentives to the point of sale in real time.
“It has been great working with FreedomPay,” said Ed Archambo, CEO of Basic Software Systems. “As a result of our collaborative efforts, the gateway interface from Basic Software Systems is one of our best efforts, providing cutting-edge functionality and security usually available only to the most sophisticated retail organizations with substantial IT budgets. We believe the technology developed in this initiative will have applicability and utility to any retailer who offers credit cards as a method of payment to their customers.”
Features and benefits of the integrated solution include:
Ability to store customer information behind a PCI compliant gateway
Immediate and accurate authorization for customer transactions
Pre‐authorized sales and process deposits
Speedy processing of credit transactions for returned items and voided transactions
Daily ability to review credit card transactions
Sam Bellamy, COO of FreedomPay, added, “Our joint development initiative with Basic comes to life with the rollout of Basic Software’s gateway connectivity. Now, a true two‐way information ‘freeway’ has opened for Basic Software Systems’ dealers, enabling sharing of valuable business information about what’s selling, and what’s not, at the point of sale; as well as coordination of sales incentives and promotions based on this information. At the same time, dealers can enjoy the highest levels of information security and compliance with card processing industry security standards from the moment upgrade version is deployed.”
Basic Software Systems/(800) 252-4476