Lecere Corporation recently announced that they have gotten approval to charge its restaurant customers' credit/debit cards and credit/debit its restaurant customers' bank account using Automated Clearing House “ACH” processing for Electronic Funds Transfer “EFT”.
Lecere Corporation is the developer and marketer of Lecere FIRMS, an integrated, Web-based suite of interactive restaurant management software that runs on handheld wireless devices.
The company’s processor is the Payment Card Industry “PCI (News - Alert),” Data Security Standards “DSS” Validated Service Provider, and National Merchant Center.
Jim Morris, the chief executive officer of Lecere Corporation, stated that Lecere Corporation has obtained approval to charge a restaurant's credit/debit card or use ACH processing to obtain our monthly revenue. When a restaurant signs up for the FIRMS software of Lecere Corporation, they must provide a credit/debit card or bank account number. The account is charged $150 at registration for a wireless router that the Lecere Corporation sends to the customer. The company will then charge the credit/debit card or bank account monthly, as per its pricing model.
Morris added that Lecere Corporation is currently in the process of obtaining the ability for its restaurant customers to charge their own restaurant guests (external credit/debit card processing) through FIRMS. That approval is virtually assured.
According the Morris, the ability to utilize debit/credit cards or EFTs to collect on Lecere Corporation’s recurring monthly revenues should reduce accounts receivable as well as improve cash flow.
Lastly, Morris said that by offering these customer based alternative payment methods, Lecere Corporation believes it is providing a convenience to the client as well as laying the foundations for success in today's global Internet business environment.
Vinti Vaid is a contributing editor for TMCnet. To read more of Vinti's articles, please visit her columnist page.
Edited by Stefanie Mosca