CenPOS, a cloud-based solutions provider, has integrated Moneris Solutions’ advanced processing function into its omni-channel payment platform to enhance the processing experience for business-to-business (B2B) market.
The integrated platform will allow companies in the US and Canada to use a single payment processor in both countries.
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CenPOS and Moneris will provide a set of transaction management tools to increase the sales of B2B and minimise costs through various reporting tools and interchange management functions.
Additionally, the data from payments received through all business channels such as face-to-face, online, mobile and electronic bill presentment and payment (EBPP) will be consolidated into an enterprise data analytics platform by CenPOS.
The consolidation will allow B2B companies to easily manage data and identify opportunities and threats.
Moneris Solutions president of North American strategic partners and emerging markets, Chris Lee, said: "Together we can help B2B companies improve their cash flow and reduce expenses by driving down the cost of processing card payments."
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