ShopKeep, the cloud-based technology provider, introduced today its new product ShopKeep Payments.

This service, according to the company, is a fully customizable payment processing solution for businesses that prefer one centralized system for all their merchant services, and with no annual contracts.

“ShopKeep is more than just point of sale software,” said Norm Merritt, President and CEO of ShopKeep. “It is a business management system, and as the industry continues to change, we are expanding into areas that help our customers run smarter businesses and grow – that includes data and analytics, gift cards, marketing software integrations and now payments.”

“Most merchants do not have the time to fully research the intricacies of payment processing, and because ShopKeep has such transparent pricing options, so many of them have requested a simpler payments solution from us,” Merritt added. “With ShopKeep Payments, merchants can have all of their point of sale needs in one place, with transparent pricing, customized rates, award-winning 24/7 customer support, no termination fees and no contracts.”

ShopKeep Payments will be a new division of ShopKeep. It will leverage technology from Payment Revolution, an independent sales organization and a full-service credit card processing firm that specializes in custom solutions.

ShopKeep Payments will also offer residual payouts to its interested, certified value-added resellers and referral partners. Additionally, ShopKeep will continue to allow merchants to work with any credit card processor of their choosing.

For more information, visit shopkeep.com/payments.