Software developer Retail Realm has partnered with payment solution provider Mercadotecnia Ideas y Tecnología (MIT) to launch a new electronic funds transfer (EFT) integration for Microsoft Dynamics for Retail in Mexico.
Certified for card present debit/credit card and voucher signature at the point-of-sale (POS), the MIT card payment integration is accessible in two formats, namely Dynamics AX 2012 and Dynamics AX.
Dynamics AX 2012 existing users will be able to connect with MIT through Retail Realm’s ‘RR mAX Pay’ solution, which offers EFT. RR mAX Pay is developed to help retailers maximize the full potential of Dynamics AX and extend the solution in retail, grocery and hospitality.
In addition, the payment integration will be available to retailers who use ‘Retail Realm Essentials’ powered by Microsoft Dynamics as their retail management/POS software.
Retail Realm director of sales for LATAM Andrea Vesga said: "This collaboration with MIT that integrates their stable and secure card payment platform to Dynamics AX for Retail is a milestone for Retail Realm in Mexico."
"It marks the first such integration we have done for the Mexican market and is fully in keeping with our strategy of providing end-to-end solutions for retailers who use the portfolio of Microsoft retail solutions that we distribute and support.

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By GlobalData"We feel particularly privileged to be working with MIT because they have an important (and growing) share of the Mexican card payment market. MIT also works hand in hand with the most important Banks in Mexico to provide the full range of secure merchant services," Vesga added.
Victor Hugo Martinez Corral from the Business Development department at MIT said that the real benefit of this integration for the retail merchant is that it enables speedier set-up arrangements for card payment transactions. It provides a near plug-and-play Dynamics AX to MIT connector making it possible for most businesses to be able to accept card payments from day one of implementation.