Finance

National Retail Solutions – Helping Small Business Owners Operate More Productively and Profitably

With a background in leading diverse industries, Elie Y. Katz founded National Retail Solutions (NRS) seven years ago with a mission of helping thousands of small business owners operating convenience stores and bodegas (a New York City staple) thrive. He’s done just that – and more. NRS is now the leading point-of-sale (POS) platform for over 19,000 independent convenience stores, bodegas, and other neighborhood retailers nationwide.
NRS offers a custom-built proprietary, all-in-one Point of Sale (POS) system bundle to help businesses attract customers and increase revenue. The technology and equipment bundle enables customers to enjoy a fast and easy checkout process with a built-in couponing program that gives these smaller, independent retailers a chance to compete against the larger chain and big-box operations. It also includes sales and user-tracking with inventory management and features that allow store operators to determine top-selling items and see the average prices in every region.

With a continuous stream of new technologies and initiatives, NRS continues to help businesses gain traction in the current economic climate.

“It may be enough to help increase brick and mortar sales, but we also want to ‘plug all the holes in the boat.’ For example, many businesses are locked into long-term contracts with a provider and suffer hefty penalties if they try to get out. To alleviate this, we offer no locked-in contracts, no cancellation fee, launched NRS Pay credit card processing with clean rates and zero hidden fees, plus, we offer free equipment,” says Katz.

.NRS Pay is now one of the fastest-growing payment acceptance companies for retailers and service providers across the country. Thirteen-time All-Star and five-time World Series and MVP champion Mariano Rivera uses NRS’s technology in his stores and serves as NRS Pay’s spokesperson.

The revolutionary NRS point of sale system allows retailers to run customer-facing ads as part of NRS Digital Media, a digital out-of-home (DOOH) advertising platform. “32 million people see our consumer-facing ad screens in stores and transact more than 22 million times through our registers coast to coast every week. Brands pair this capability with our scan data insights via NRS Insights to pinpoint the best locations and run ads that influence customers at the point of purchase,” says Katz.

To keep stores safe and protect workers from rising crime, NRS recently announced its patented POS Panic Alarm Button, which dispatches police with a silent alarm triggered on the merchant touchscreen. The NRS Panic Alarm Button is available for NRS customers in NY and NJ.

Most recently, NRS has teamed up with Bringg, a technology service enabling retailers to deliver products straight to their customers. “We’re making the convenience store more convenient, and customers don’t have to step foot in the store to support their local retailers while enjoying the convenience of delivery.”

What started seven years ago as a point-of-sale core product and the subsequent addition of NRS Pay credit card processing has evolved in many ways, like the development of NRS Funding cash advance and NRS Petro POS plus EMV for gas stations. These offerings create financial accessibility and expansion affordability for those Mom ‘n’ Pop retailers, whose stores are the corner¬stones of their communities everywhere.

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