This is the first in a series of 6 blogs about the 2016 Ingenious Award Winners:
Large Private Sector winner: Moneris Cloud Payment API
At NetSuite Inc.’s global SuiteWorld conference in San Jose, May of 2016, Toronto-based Moneris showed off their cloud payment API solution. They integrated its API with NetSuite’s own POS software at Suite Store, an on-site pop-up shop where attendees could buy conference swag like pens, pencils and hats. Business was so brisk that the integrated Moneris/NetSuite POS solution got quite a workout.
Netsuite staff were impressed: “It was a smash hit. We did as many as 57 transactions per hour and created a highly efficient retail experience,” says Scott Derksen, senior director of platform marketing and business development at NetSuite.
“The feedback was that the speed of payment (processing) was amazing,” recalls Amer Matar, chief technology officer at Moneris (pictured above). “The speed of each transaction was under one second. The year before, they used another demo system and it took over a minute (per transaction).”
Watch the video introduction here.
Read the full story here.