Software for payment
Simplifies the payment process, manages customer payment information digitally, securely and reliably and also enables the integration of various payment methods and the creation of payment reports.
What is payment?
The term payment covers the processing of all payment procedures that are processed between retailers, end customers and the third parties involved (banks, credit card organizations, etc.). A distinction is made between cash and card-based payments and then further between contact and contactless payment methods. Examples of these payment methods are girocard, credit card, Paypal and purchase on account.
What is payment software?
Hardware terminals still dominate payment processing in stationary retail. These are connected to the checkout solution via a technical interface (e.g. ZVT and OPI) so that integrated processes such as transferring the amount of the payment from the checkout to the POS terminal can be carried out. With payment software, you can obtain these solutions as a plug and play offer and simplify your payment processing.
The integration of payment software is also generally indispensable when operating an online store in order to be able to process payments. These PSP (Payment Service Provider) solutions not only simplify the process, but also ensure that the customer's payment information is transmitted securely and reliably. They enable the integration of various payment methods and the creation of payment reports.
In general, the integration of payment software is essential for companies of all sizes that process online transactions. It not only simplifies the payment process, but also uses payment gateways to manage customer payment information digitally, securely and reliably. It also enables the integration of various payment methods and the creation of payment reports.
Functions of payment software
The most important features of payment processing software include security, the integration of payment gateways and the automatic processing of transactions. A good solution should also be easy to use and provide all the necessary tools to process payments and customer information quickly and efficiently. This includes the automatic processing of invoices, the integration of subscription payments and the ability to redeem discount codes and vouchers. In addition, the solution must be able to support a variety of different payment methods - in most cases, however, it is sufficient to offer three to five different methods.
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Looking for payment software?
As a universal payment system provider, REMIRA offers you a solution for your stationary and online-based payment transactions that creates numerous advantages. Following integration, merchants now have the option of obtaining checkout and omnichannel solutions from a single source and at the same time implementing payment transactions in stationary retail and e-commerce via REMIRA.
Our solution maps stationary card payment transactions at the point of sale in the core business. In addition to all common payment methods, payment providers such as PayPal and Klarna can already be integrated today. Numerous stationary, mobile and smart POS terminals can be obtained via the REMIRA software for payment. Our software also enables integrated checkout and payment on the sales floor without process interruptions, which is in high demand from retailers.
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Advantages of payment software
- Improved efficiency
The system enables transactions to be processed quickly, smoothly and digitally through automated processes. By enabling payments directly on the shop floor, companies can save valuable time and focus on other aspects. - Greater security
A good payment application ensures compliance with security standards and protects customers' sensitive payment data from unauthorized access. - More flexibility
The software also supports a variety of payment methods and is compatible with all common payment methods. This allows companies to offer their customers a comprehensive range of payment options and thus increase their reach. - Full transparency
Payment software gives companies real-time digital access to all card-based transactions, payment processes, bookings and devices at the point of sale. - Improved cash management
The solution also provides detailed reports and analyses on payment transactions. Companies can use this information to improve their cash flow management strategies and react more quickly to payment arrears. - Better customer experience
Customers can make payments online quickly, easily and reliably. All transactions can be conveniently accessed on mobile devices and shoppers can also benefit from discount and voucher codes. - One point of contact for all problems
A single point of contact and support for all areas - such as checkouts, merchandise management and ERP - can reduce stress and downtime in companies. The system allows support to access all important information when needed and quickly resolve any problems that arise without companies having to do it themselves or contact different providers. - Cost savings
By automating the payment process, companies can save costs as fewer employees are needed to manage and process payments. In addition, the solution can be linked to an existing ERP system, which means there are no costs for new technical purchases. - Customer data
The customer data stored in the system also enables companies to analyze the purchasing behavior of their customers and can then initiate appropriate marketing measures. - No need for cash
Compared to cash, online payments not only have the advantage of being fast and contactless. They are also considered to be more hygienic, which is still an important motive for use for some even in the post-pandemic era.
Are you looking for a solution for your payment transactions?
Efficient payment software that works in both brick-and-mortar retail and e-commerce forms the foundation of your omnichannel commerce strategy. With a comprehensive omnichannel commerce solution, you can support your customers seamlessly across all channels, not just in payment transactions.Find out more about our omnichannel commerce software solutions now.