News | March 26, 2014

Epicor Payment Exchange Highlighted As Fastest-Growing Processor By The Nilson Report

Epicor Payment Solution Growth Surges 506 Percent Year-Over-Year

Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, recently announced The Nilson Report, the payment industry’s most trusted source of global news and statistics, has reported that Epicor Payment Exchange is the fastest-growing payment processor listed in the Top Merchant Acquirers in the United States report. The Merchant Acquirer issue (March 2014), highlights the 506 percent year-over-year growth of Epicor Payment Exchange from 2012 to 2013.

“Epicor Payment Exchange is a great solution for our business in many ways,” said Kyle Little, eCommerce and IT manager at Little Hardware Company in Charlotte, North Carolina. “With this solution our processing fees are on average 8.4 percent less every month. In addition, PCI compliance, reporting and daily reconciliation is easier and administration for devices is centrally managed and stored in a secure location.”

Launched in 2012, Epicor Payment Exchange is a complete credit and debit payment processing solution for Epicor customers, leveraged by merchant relationships and designed to provide simplified compliance and better service to users—securely managing authorization, settlement and reporting. In only two years, Epicor Payment Exchange has quickly grown to manage over $1.6 billion in annual retail payments.

“The Epicor Payment Exchange solution has been a great business decision for us,” said Nick Kachadoorian, IT manager at Klem’s Tractor in Spencer, Mass. “It’s a tried and proven tool, seamless to install and we were up and running in no time at all. This solution has allowed us to reduce per transaction costs, while at the same time provided us with a better display of transactions on our monthly statements.”

“Payment is an integral aspect of managing retail operations,” said Matt Mullen, general manager of Epicor Payment Exchange. “This jump in rank recognized in The Nilson Report accurately displays the value our customers are obtaining through their use of Epicor Payment Exchange.”

About Epicor Software Corporation
Epicor Software Corporation is a global leader delivering inspired business software solutions to the manufacturing, distribution, retail and services industries. With over 40 years of experience serving small, midmarket and larger enterprises, Epicor has more than 20,000 customers in over 150 countries. Epicor enterprise resource planning (ERP), retail management software, supply chain management (SCM), and human capital management (HCM) enable companies to drive increased efficiency and improve profitability. With a history of innovation, industry expertise and passion for excellence, Epicor provides the single point of accountability that local, regional and global businesses demand. The Company’s headquarters are located in Austin, Texas, with offices and affiliates worldwide. For more information, visit www.epicor.com And www.nilsonreport.com.

SOURCE: Epicor Software Corporation

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