Storis Offers New Credit Card Processing Technology

Storis, a provider of retail software solutions for the bedding and home furnishings industries, has reengineered its Integrated Credit Card Processing Solution for furniture and appliance merchants. 

With this new solution, retailers can seamlessly connect to credit card gateway providers to automatically and securely validate credit and debit card transactions via cloud-based payment systems, according to a news release.

Storis, based in Mount Arlington, New Jersey, has been serving home furnishings retailers for more than 30 years, providing retailers of all sizes with a fully integrated and scalable solution that includes point of sale. Its newest credit card processing solution uses point-to-point encryption and tokenization to protect customers’ and retailers’ financial data.

The first credit card gateway with which the new Storis solution integrates is CardPointe Gateway from Fiserv Inc., a global provider of payments and financial services technology. Storis’ new solution will integrate with CardPointe Gateway and other PCI-compliant tools from Fiserv via the company’s ISV payments engine. These comprehensive technologies from Fiserv will enable Storis to build, manage and scale merchant payment acceptance in a way that’s fully integrated for a seamless customer experience, the news release said.

“We are pleased to launch this new credit card model with Fiserv technology. As a leader in fintech and payment processing, Fiserv has deep expertise and decades of experience meeting the money movement needs of millions of merchants. We are happy to expand our payments capabilities and offer these services to our valued retail partners,” said Donnie Surdoval, senior vice president of product and strategy for Storis.

Additional benefits of integrating credit card processing to the point of sale include transaction accuracy, increased security of cardholder data and automatic encryption of records. Storis’ credit card functionality also caters to the specifics of bedding and home furnishings sales, such as pre-authorizations and deposits, according to the news release.