C&K Markets Chooses Retalix Connected Payments to Cut Costs, Ease PCI Compliance
SaaS-Based Payments System Removes All Cardholder Data From Stores; Reduces Transaction, Technology and Compliance Expenses
DALLAS, July 24, 2012 -- C&K Market Inc. has deployed Connected Payments™ from Retalix® (Nasdaq:RTLX). The Brookings, Ore. grocery chain has rolled out the cloud-based, software-as-a-service (SaaS) payments system across its 61 Ray's Food Place, Ray's Shop Mart and C&K Market banners. The grocer also uses Retalix POS software across its enterprise.
Alan Nidiffer, chief information officer of C&K Market, says Connected Payments will help his company better manage compliance-related transaction data, while improving overall POS efficiency and reducing costs. The Connected Payments subscription-based model eliminated all of C&K's up-front license costs for the new system, while providing operational efficiency from centralized online reporting and analysis.
"We wanted to effectively meet increasing PCI standards, and Connected Payments provided the best solution because it actually removes all cardholder data from our stores," said Nidiffer. "The result is optimal transaction data security. In addition, Connected Payments has helped us reduce our electronic payments costs overall, and it provides centralized reporting that improves our operational performance."
Todd Michaud, president of Retalix USA, said, "Connected Payments helps grocers like C&K Market ease the burden of costly PCI compliance updates, while ensuring reduced costs and dramatic payback. C&K has been a Retalix customer for many years, and we look forward to building further upon that relationship."
For more information about Connected Payments, visit: http://www.retalix.com/products/electronic-payments-system/connected-payment-eps
About C&K Market, Inc.
C&K Market, Inc. is a family and employee owned company based in Brookings, Ore. The company operates grocery stores and pharmacies under the banners of Ray's Food Place, Shop Smart, C&K Market and Pharmacy Express. C&K was recently ranked No. 16 in Oregon Business Magazine's 2010 list of the top 150 Private Oregon Businesses. For more information visit: www.ckmarket.com.
Retalix is a leading global provider of innovative software and services to high volume, high complexity retailers, including supermarkets, convenience stores, fuel stations, drugstores and department stores. The company's products and services help its customers to manage and optimize their retail operations, differentiate their brand and build consumer loyalty, while providing retailers with the flexibility and scalability to support ongoing business transformation and growth. Retalix offers solutions for point-of-sale (POS), sales channels and in-store management (including mobile and e-commerce), customer management and marketing, merchandising, and logistics. By leveraging a multitude of deployment options, including Software-As-A-Service (SaaS), Retalix serves a large customer base of approximately 70,000 stores across more than 50 countries worldwide. The Company's headquarters are located in Ra'anana, Israel, and its North America headquarters are located in Plano, Texas. Retalix stock trades on the NASDAQ and the Tel Aviv Stock Exchange.
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