Paymetric Partners With SAP On Payment System For VARs

By Mike Sachoff
Staff Writer
Article Date: 2010-02-05

Electronic enterprise payment firm, Paymetric, has announced the selection of SAP partner, Support One, as the master-reseller and support provider for XiPay On-Demand, the Paymetric automated credit card processing service built specifically for SAP Business One.

This partnership offers electronic payment processing for SAP Business One users and provides a recurring revenue stream for VARs selling the service under a shared revenue plan.

With Support One providing Paymetric-branded support and implementation for this new, advanced electronic payment processing solution, SBO VARs can focus on offering their customers a cost-effective, fully-modernized, and seamlessly integrated system. Small-to-midsized businesses no longer need to use multiple, disparate systems to process payments, which can introduce the risk of entry errors and internal theft.

"We are excited to partner with Support One to offer this option to VARs and their merchants," said Larry Wine, CEO, Paymetric.

"There has been overwhelming demand for integrated payment processing capabilities but traditionally cost has been a large barrier. Now, with Paymetric's SaaS model, small businesses can affordably process electronic payments as well as the big guys . . . directly from their SAP systems."

About the Author:
Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.