Merchant e-Solutions Announces the Release of a New Settlement and Deposit Reconciliation App designed for NetSuite Customers

REDWOOD CITY, Calif., May 15, 2012 /PRNewswire/ -- Merchant e-Solutions (MeS) a global leader in the credit card processing industry, today announced the availability of a new Settlement and Deposit Reconciliation SuiteApp, built using NetSuite's SuiteCloud development platform. The new SuiteApp is exclusively designed to simplify and automate reconciliation for NetSuite customers and an individual sales order toMeS' merchant account reporting and cash deposits. The SuiteApp is available for download from SuiteApp.com. The App will save time in figuring out which transactions settled and what was funded into a deposit account.

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MeS, a partner with NetSuite for over 8 years,  provides NetSuite partners and merchants with a unique combination of on-demand business software combined with the benefit of flexible and advanced payment solutions. MeS' fully-integrated all-in-one one platform lets NetSuite partners and merchants manage payments without integrating into multiple systems.

The new Reconciliation SuiteApp makes this process even more efficient as NetSuite customers will now be able to automate the settlement and cash deposits that otherwise require a very manual procedure.  Instead of matching information across multiple reports, and manually managing cash deposits, the merchant can now look at one single location to find all the information needed.

"In the past we would spend many hours trying to reconcile information between my merchant account reporting, Netsuite and the bank," says Ilan Douek, CEO of InkjetSuperstore.com. "Now everything is done for me, and I only need to review one report to manage any exceptions. The rest happens automatically."

"Merchant e-Solution's goal is to offer solutions that are easy to implement and manage within NetSuite's cloud ecosystem," said Merchant e-Solutions COO Jim Aviles. "With our 'single source' solution you can not only process all major payments types, but you can now fund and reconcile all major credit cards, including American Express and Discover."

About Merchant e-Solutions
Merchant e-Solutions, founded in 1999, provides Internet-based payment processing solutions for merchants and banks. Merchant e-Solutions currently processes more than $14 billion dollars in payments for more than 70,000 merchants, supporting 150 global currencies and all major credit, debit and alternative payment solutions. The company specializes in services for e-commerce and card-not-present merchants and provides a comprehensive suite of payment solutions that are PCI compliant and designed to reduce merchant risk exposure. Merchant e-Solutions is headquartered in Redwood City, CA with operations in Spokane, WA and satellite offices in Minneapolis, MN and Columbus, GA. For more information, go to http://www.merchante-solutions.com.

SOURCE Merchant e-Solutions

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