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Quisitive Launches LedgerPay: Cloud Payments with Customer Insights

Toronto, Ontario -- March 24, 2020 -- NewsGenie --Quisitive Technology Solutions (TSXV:QUIS) has launched LedgerPay, a secure, Microsoft cloud-based payment processing and data insights platform. LedgerPay aims to transform payment transactions into actionable experiences for brick-and-mortar merchants by incorporating data collection and analysis with each transaction.

The LedgerPay suite includes payment processing and tokenization. The processing platform offers traditional services on the Microsoft cloud, while the tokenization solution allows merchants to securely gather customer information for marketing and inventory purposes. Unlike loyalty programs, LedgerPay provides data insights from every customer using a payment card.

According to Quisitive CEO Mike Reinhart, the payment processing landscape has been static, leaving valuable data "on the floor." LedgerPay aims to disrupt this status quo by enabling merchants to capture and leverage purchase data.

LedgerPay benefits ISOs by adding customer data collection to their services. It enables QSRs and grocers to gain insights into customers with each transaction and provides a fully-featured payment platform for enterprises to automate ACH and other payables, integrating with solutions like Microsoft Dynamics 365 and SAP.

Scotty Perkins, SVP of Product Innovation, stated that LedgerPay was developed to challenge the status quo of payments technology and offers a high-performance payments platform with data insights.

Built on Microsoft Azure, the LedgerPay API provides live payment and basket data, processed securely, to retail and business systems, including AI and analytics tools. This creates customer profiles, allowing merchants to personalize marketing messages.

LedgerPay is set to revolutionize payment processing by making transactions beneficial and actionable for merchants.

Quisitive is a Microsoft solutions provider, offering services and SaaS solutions like CRG emPerform and LedgerPay.

For more information, visit http://www.Quisitive.com and follow @BeQuisitive. TSXV: QUIS.

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