Elie Y. Katz, an experienced business leader and former mayor of Teaneck, N.J., founded National Retail Solutions in 2015. Under his leadership, NRS became a prominent POS solutions provider, known for its innovative line of POS and payment processing solutions especially designed for small and midsize retailers. The company is a subsidiary of IDT Corp. Katz stated that National Retail Solutions has helped democratize the retail landscape by providing small and midsize businesses with enterprise-scale retail technology with advanced tools such as real-time sales data analytics, loyalty programs and inventory management.
Katz mentioned that NRS values its retail and sales channel partners, each with unique stories, needs and challenges. By listening, understanding and adapting solutions to their requirements, Katz noted, NRS helps companies differentiate in the following ways:
In addition to ecommerce and loyalty programs, NRS offers NRS Petro, a secure POS system for gas stations with EMV-compliant pay-at-pump. The company also provides flexible tablet POS systems that support versatile, on-the-go transactions for tobacco and smoke shops, and self-ordering kiosks designed to reduce wait times and streamline ordering.
NRS POS systems include touchscreen POS cash registers, barcode scanners and essential hardware. Its software supports inventory management, sales tracking and customer management, and includes features like price book management, sales analytics and user permissions.
Additional offerings include NRS Pay, which accepts major credit cards and supports cash advance funding, eWIC and EBT integration, loyalty programs, customized web stores and ecommerce solutions, the company noted. Additionally, the company's NRS Purple solution is designed to simplify payroll for SMBs.
NRS helps ISOs, MLSs and other payment enterprises expand service offerings and enhance revenue opportunities, company representatives stated, noting that partners can enrich merchants' operations through NRS's advanced POS solutions, products and services. Another benefit of NRS-tailored solutions is their potential to drive merchant retention by addressing small independent retailers' unique needs and challenges, the company stated, emphasizing that the platform can grow and adapt to merchants' growth and success.
With continued investment in research and development as a top priority, NRS is committed to empowering independent retailers and is poised to remain at the forefront of retail technology, Katz stated, adding that his growing team of 500 employees continues to find new ways to support and impact retailers and their communities.
"The future looks bright and promising for National Retail Solutions," Katz said. "We are continually innovating and expanding our services to support independent retailers' evolving needs better."
Katz went on to say that near-term plans include enhancing NRS' line of POS systems with new advanced features, expanding the company's payment processing capabilities and further integrating its systems with additional cutting-edge technologies.
"We are also focused on deepening our community impact by providing more tailored solutions that drive retail business success and contribute to the economic and social development of the communities we serve," he said. "We plan to extend our reach to more retailers nationwide, ensuring that even more small and midsize businesses can benefit from our comprehensive, user-friendly solutions."
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.
ISO/MLS contact:
Elie Y. Katz, Founder, President & CEO
ekatz@nrsplus.com
201-715-5179
https://nrsplus.com
Company Profile originally appeared in
The Green Sheet Issue 240201
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