News | June 14, 2017

Monetary LLC Raises The Bar In Payment Processing, Introduces Integrated Payment/Marketing Automation Platform

Monetary LLC Raises the Bar in Payment Processing, Introduces Integrated Payment/Marketing Automation Platform

Monetary LLC rolled out its connected commerce platform to POS developers recently. The offering integrates payment, gift, loyalty and with syncing capabilities to take relevant data from the POS to create highly targeted completely automated, marketing platform for merchants. By combining all these solutions into a single platform Monetary offers unprecedented access to purchasing data in order to provide a more personalized consumer experience and generate increased revenue.

Founded by industry veterans Jeff Katz and Shelley Plomske. Monetary’s platform allows developers and dealers to mix and match features to offer solutions that give small- to medium-sized merchants the ability to create a consumer experience only offered by the large retailers.

Monetary’s platform offers an easy-to-integrate API that works exclusively with Point Of Sale systems. The platform collects data across POS and ecommerce systems that allows merchants to provide the individualized consumer experience that delights, creates loyalty and increases merchant revenue.

Some of the services offered include:

  • Secure payment transactions and mobile wallet options that are PCI-compliant
  • Consumer tracking that automatically scores and segment clients for marketing activities and loyalty programs
  • Analyzes merchant sales data and combines with consumer spend data to craft automated and targeted campaigns that don’t require dedicated staff or constant monitoring; set it once and we take care of the rest
  • Gift card capabilities to advance in-store, online and mobile sales
  • Optional app that acts as a mobile wallet, providing merchants with full access to connected commerce functionality through their customer’s mobile devices

“Our objective is to provide value to the entire merchant value chain,” said Monetary President Plomske. “Our team has a depth of experience in a wide range of payment and marketing automation technologies. We came together to provide, for the first time, a platform that allows developers and merchants to draw upon a single integrated platform to collect, analyze and act upon their consumers’ purchasing habits, no matter what channel or application they use.”

Greg Castro, Vice President of Sales at Monetary, said, “We see our job as making our channel partners better. We are successful when they are successful. Although we are using advanced technology in our offering, we will maintain a human touch in all our interactions with the developers and dealers we work with.”

Monetary­­ is part of a portfolio of companies held by Jeffrey Katz, who founded Mercury Payment Systems, a leading payments processor.

About Monetary LLC
Monetary LLC, headquartered in Denver, Colorado, brings proven leadership in payment services and marketing automation to provide a sophisticated digital management platform that offers quantifiable benefits for developers, merchants and consumers. Monetary provides the platform from which developers can deliver to small- to-medium-sized merchants the kind of highly profitable and personalized web and mobile experiences for customer outreach and retention that were once restricted to only the highest tier of online merchants. Monetary aims to eliminate the information silos caused by data collection from numerous independent applications by simplifying integration and synchronization of data from multiple channels to provide the business intelligence necessary to create a better customer experience and increase revenues. For more information, visit www.monetary.co.

Source: Monetary LLC