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Table of Contents

Lead Story

2016: An action-packed year for payments

Patti Murphy

News

Industry Update

New PCI guidelines address scoping, segmenting

Fintechs inch closer to bank status

Gas station EMV deadline reset to 2020

M-commerce dominates early holiday shopping

Features

Digital ID, the final piece in mobile wallet

Matt Bruno

ISOMetrics:
Customer data management insights

Views

Closing sales, opening relationships

Dale S. Laszig
DSL Direct LLC

Education

Street SmartsSM:
Minimalism: A path to financial freedom

John Tucker
1st Capital Loans LLC

The CFPB takes on prepaid

Brett Husak
National Bank Services

Insights from puppy training applied to payments

Steven Feldshuh
Merchants' Choice Solution East

Multilayered authentication: challenges now, rewards later

Evi Triantafyllides
PAAY LLC

Company Profile

International Bancard Corp.

New Products

Omnichannel platform for in-store, online commerce

Lightspeed eCom
Lightspeed POS Inc.

Inspiration

Intimidated by large groups? Not to worry

Departments

Letter from the editors

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

December 26, 2016  •  Issue 16:12:02

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New Products

Omnichannel platform for in-store, online commerce

Product: Lightspeed eCom

Lightspeed POS Inc. is a global POS solutions provider, established in 2005 and headquartered in Montreal, with offices in the United States and Europe. The company launched Lightspeed eCom, a cloud-based commerce solution for small to midsize retailers and restaurateurs designed to manage in-store and online transactions. The ecommerce platform includes digital tools and analytics and can be integrated with other cloud-based POS solutions, the company stated.

LightSpeed

"Retailers want the freedom to sell across all channels, whether in-store, online or mobile," said Jean-Paul Chauvet, Chief Revenue Officer at Lightspeed. "No matter the platform, it's all part of one continuous experience with a brand."

Merchants can use Lightspeed eCom's centralized management system across multiple devices and channels, efficiently managing online and in-store transactions while providing customers with a consistent shopping experience, Chauvet added.

Multiple channels, features

Lightspeed eCom's omnichannel retail platform is designed to free merchants from the need to manage separate systems for brick-and-mortar and ecommerce business applications. By providing a single access view and source for managing online and in-store payments, the platform can help retailers reach more customers in more targeted and personalized ways, company representatives stated.

Following are several examples Lightspeed pointed out of how Lightspeed eCom can help North American merchants build, manage and grow their businesses:

Omnichannel in one click

"Modern consumers want to buy online but pick up or return at the store," wrote Levan Truong in a March 2016 blog post. "They want to browse product information on their laptop or smartphone, get coupons or discount codes, even make a purchase on their mobile phone while in a store. New consumers are naturally combining channels as they browse, research and buy." 

Effective omnichannel solutions use real-time inventory insight and customer visibility to reach all touch points of the shopping journey and create a continuous experience for customers as they shop online and in brick-and-mortar stores. The Lightspeed platform enables merchants to quickly launch an online store and automatically sync their inventory, sales and customer sales data, the company stated.

Retailers can use Lightspeed eCom to transfer inventory between channels and gain performance insights. Following are some examples:

Lightspeed eCom is designed to enhance efficiencies by blending online, mobile and in-store experiences, devices and systems. The company and its resellers are committed to providing a truly integrated experience. More than 36,000 retailers and restaurateurs use the Lightspeed platform to manage inventory, customer preferences, sales and analytics, Lightspeed reported.

Website: www.lightspeedhq.com Contact: resellers@lightspeedhq.com

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | USAePay | Super G Capital LLC | Humboldt Merchant Services | Impact Paysystems | Electronic Merchant Systems