National Retail Solutions Explained

National Retail Solutions
Location:Newark, New Jersey, U.S.
Key People:Elie Y. Katz
Founded:2015

National Retail Solutions (also known as NRS or NRSplus) is a point-of-sale company. The company is the provider of touch-screen point-of-sale (POS) systems that offers a customer-facing screen as well as payment and transaction processing services. NRS is a division of IDT Corporation and the company's headquarters are in Newark, New Jersey.[1] The company also provides an NRS Pay credit card processing for various independent stores.[2]

NRS was founded in 2015 by Elie Y. Katz, who is currently the president and CEO.[3] It is headquartered in Newark, New Jersey.[4] [5] [6] [7] [8]

NRS is a subsidiary of IDT Corporation.[9]

Divisions

NRS' divisions include point-of-sale (POS), NRS Digital Media, NRS Pay credit card processing, NRS Insights, NRS Funding (cash advance), NRS Petro (gas station/convenience store) and NRS EBT (assisting stores with the processing of SNAP payments).

Notes and References

  1. Web site: National Retail Solutions Point of Sale System Grow Your Business. nrsplus.com. 2020-04-16.
  2. Web site: Credit card processing .
  3. Web site: Elie y Katz, National Retail Solutions Inc: Profile and Biography . .
  4. http://www.cspdailynews.com/industry-news-analysis/technology/articles/nrs-app-allows-retailers-access-pos-remotely NRS App Allows Retailers to Access POS Remotely
  5. https://finance.yahoo.com/news/national-retail-solutions-releases-app-133000274.html National Retail Solutions Releases App for Retailers
  6. News: How mom and pop shops stay competitive against big chain stores in Brooklyn. Caribbean Life. 2018-05-09. en.
  7. Web site: Elie Y. Katz, Author at Money Inc. Money Inc. en-US. 2018-05-09.
  8. News: What started as a project to protect a community's heritage turned NRS into a top POS system. 2018-03-14. Money Inc. 2018-05-09. en-US.
  9. Web site: IDT Corporation's NRS Subsidiary Sells 2.5% Minority Stake to Alta Fox Capital Management for $10 million . 29 September 2021 .