Eric Hannelius Enhances Vision Payments Options WithPayTrace
11/24/2012

Vision Payments Solutions specializes in providing secure forms of electronic payments. PayTrace facilitates VPS customers to process payment cards, e-checks, gift cards, and other forms of electronic fund transfers.

Online PR News – 24-November-2012 – Maine, MA – PayTrace, a leading payment processing service provider, facilitates many of Vision Payments Solutions (VPS) customer options. VPS clients, with the Paytrace partnership, benefit from tailor-made electronic transfer programs, enabling businesses to purchase the level of service appropriate to their size and operations. Eric Hannelius, president and CEO of VPS, headed the expansion of PayTrace strategic relationship.

Vision Payments Solutions specializes in providing secure forms of electronic payments. PayTrace facilitates VPS customers to process payment cards, e-checks, gift cards, and other forms of electronic fund transfers. PayTrace also helps VPS clients to utilize third-party integrated solutions, i.e. software for electronic shopping carts. Merchants are provided with all the tools necessary to turn a customer's product selection into a purchase, which requires a surprising amount of detailed processes.

Integrated shopping carts present several features to online customers and especially important as shopping for the holiday season is expected to break all records in 2012. Pictures, prices and product descriptions, along with pre-designed "buy" buttons, help clientele confirm what they are purchasing and guide them to checkout. Maintaining a reliable payment transfer, which often includes links to a secure hosted payment page, is critical for customer confidence and capturing electronic funds. In fact, hosted payment pages are often camouflaged to look like a merchant's site. What appears to the customer as merely the next page on a website involves several hidden steps and third-party interaction. PayTrace manages these critical processes for VPS clients to get maximum value.

PayTrace's Application Program Interface (API) is the tool that allows merchants to draw upon PayTrace products. A merchant's site interacts with the API to process information and transactions. This includes not just payments, but features such as real-time shipping quotes, saved customer profiles and emailed receipts. PayTrace enablesVPS merchants to conduct business faster, smarter, and more securely.
VPS’s use of the PayTrace virtual terminal also benefits merchants from a financial standpoint. Unlike software that charges for each enabled workstation, the PayTrace Virtual Terminal can be authorized an unlimited amount of times. The result is reduced processing fees for VPS merchants, increased profit margins for merchants, a desirable outcome for all businesses.

As an experienced leader in the merchant processing industry, Eric Hannelius provides the vision and direction of Vision Payment Solutions' growth. VPS takes care of a spectrum of other merchant services such as software and hardware solutions, integrated point-of-sale-systems, and merchant cash advance. They are dedicated to finding in-house solutions for all merchant processing needs.