Addition of Lightspeed Payments to already-robust Lightspeed platform further reduces complexity for SMBs
MONTREAL, QC, Jan. 30, 2019 /PRNewswire/ - Lightspeed today launches Lightspeed Payments for U.S.-based retailers, adding additional core functionality to its easy-to-use, omnichannel commerce-enabling SaaS platform. For SMBs, Lightspeed Payments further reduces complexity by integrating seamlessly into the Lightspeed platform, eliminating the need to deal with a separate payments provider and the related data reconciliation, and allowing for more accurate management of their businesses.
Lightspeed Payments further extends the Lightspeed platform which already serves as a hub of end-to-end capabilities for small and medium-sized retailers via its intuitive POS system and comprehensive eCommerce solution. By seamlessly integrating the point of sale and payments processing for both physical and eCommerce stores, Lightspeed Payments simplifies business management for owners and employees alike through a single, comprehensive system. SMBs get one bill, one support line to call and one system of record.
"Retailers are not only looking to make payment processing as seamless as possible to expedite checkout and optimize sales, but they want a solution that minimizes the time and effort required to manage operations so they can spend more time focusing on their customers," says Dax Dasilva, Founder and CEO of Lightspeed. "By providing SMBs with a comprehensive solution including fully-integrated payments processing, customers benefit from reduced complexity on both the front and back end of their business."
Lightspeed Payments Key Features:
Transparent Pricing and Cost Certainty: No startup fees and credit card-agnostic standard rates for card-present transactions, card-not-present transactions and keyed-in transactions.
Simplified Set-Up: Frictionless process to get businesses transactional quickly and painlessly.
Fast and Secure Checkout Experience: Supports all major payment methods and processes refunds without having to ask the cardholder to present their card. PCI compliant solution that helps SMBs combat fraud risk with monitoring and payments experts readily available to help when needed.
One Place to Manage the Business: With one source of data and one company to trust, SMBs can manage their businesses in one place, including financial reporting and cash flow tracking.
Customers who have begun implementing Lightspeed Payments with their platform have seen first-hand how Lightspeed Payments reduces complexity.
"Lightspeed Payments' simple billing process just makes it so much easier to understand reports," explains John Eppley, Owner of Alpine Cycles in Port Huron. "It also makes things a lot faster. We're improving our processes and we no longer have to deal with little problems anymore because everything is so streamlined."
Lightspeed Payments further extends the Lightspeed platform helping small and medium-sized retailers put the focus back on their customers instead of spending time on tricky back-end logistics. This solution follows last month's launch of Lightspeed Loyalty, a technology that enables merchants to engage customers, reward repeat business and build a loyal following.
About Lightspeed Lightspeed's easy-to-use, omnichannel commerce-enabling SaaS platform supports small and medium-sized businesses by providing them with the critical functionality they need to engage with consumers, manage their operations, accept payments, and, importantly, grow their businesses. Lightspeed's platform can be found in more than 100 countries, powering favorite local businesses, where the communities go to shop and dine. Founded in 2005, Lightspeed has grown to over 700 employees, with global offices in Canada, the U.S., Europe, and Australia.