Moneris Solutions Corporation ("Moneris"), Canada's largest payment
processor, and LightSpeed, a leading software company that helps
retailers reinvent the in-store experience, announced today that they
have partnered to provide Canadian retailers with an integrated mobile
payment management solution. Moneris openly engages and works with
emerging technology companies to provide its merchants with seamless
payment processing solutions and best in class card processing. This new
integration will be available in Spring 2013.
"Our partnership with Moneris represents an important milestone in
Canadian retail, which has been newly empowered by mobile, iPad® and
Mac solutions that engage customers in an interactive and re-energized
shopping environment," said Dax Dasilva, CEO of LightSpeed. "This is a
great opportunity for our expanding Canadian client base to combine our
powerful retail management platform with Moneris' card processing
solutions, creating an e-commerce enhanced in-store environment that
engages today's connected consumer. "
Under the terms of the agreement, Moneris will deliver a secure,
reliable payment processing system that integrates with LghtSpeed's
point of sale and retail management tools. With this enhanced offering,
LightSpeed's Canadian customer base can take advantage of the platform's
ability to increase operating efficiencies, integrating the payment
solution with back-office features such as inventory management and
sales and order workflows.
"Moneris has always provided industry-leading payment solutions for
retail customers across North America," said Jeff Guthrie, Chief Sales &
Marketing Officer at Moneris Solutions. "By collaborating in this way,
we can connect the power of our payment platform with LightSpeed's
innovative retail solutions to meet the emerging needs of a more
dynamic, flexible marketplace."
LightSpeed®, led by founder and CEO Dax Dasilva, is committed to
its mission of fusing innovation, technology and design to produce the
most compelling retail business solution that helps retailers achieve
their business aspirations. Founded in 2005 and based in Montreal,
Ottawa, and New York City, LightSpeed specializes in building
next-generation retail software systems that offer business owners
powerful, intuitive retail tools for Mac and iOS. For more information,
please visit www.lightspeedretail.com.
As one of North America's largest providers of payment processing
solutions, Moneris Solutions Corporation ("Moneris") offers credit,
debit, wireless, and online payment services for merchants in virtually
every industry segment and processes more than three billion
transactions annually. Moneris offers electronic loyalty and
stored-value gift card programs. With more than 350,000 merchant
locations, Moneris provides the hardware, software and systems needed to
improve business efficiency and manage payments. For more information
please visit www.moneris.com.
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