Press Releases

  • Problem: Higher fuel prices mean higher credit card fees. You need an alternative to credit and traditional debit. April 29, 2011 Solutions: Reduce credit card fees by offering an alternative payment option. Consider ACH processing, which continues to have a lower per transaction cost than any typical credit/debit card option. Pinnacle’s LoyalDebit™ tackles the significant rise in credit card fees by adding payment capabilities to a non-payment card that the consumer already carries in their wallet, such as a loyalty card. Cost ...
  • Pinncorp June 2010 Pinnacle Partners with VendorSafe Technologies June 8, 2010 Thousands of convenience stores and fuel retailers nationwide rely on Pinnacle as their single-source supplier for best-in-class products and services that automate store operations and heighten business efficiency. High transaction volumes and multiple access points make fuel pumps and convenience stores particularly vulnerable to credit card fraud, yet few of these organizations have secured their ...
  • Letter from The Pinnacle Summit 2009 Master of Ceremonies July 31, 2009 As Master of Ceremonies for Pinnacle Summit 2009, I was extremely pleased with this year’s event, from the educational track sessions, to the dynamic General Session speakers and the outstanding networking opportunities. As an Executive of Honey Farms, Inc., a chain of 35 convenience stores, I oversee the day-to-day operations of our business and I ...
  • The New Normal: Keeping Balance and Momentum in Treacherous Times July 31, 2009 The “new normal” is well on its way to becoming one of the catch phrases that we’re all going to get sick of. It’s in headlines everywhere, especially as pundits and consultants try to figure out ways to market their services around a phrase that has more alliteration than meaning. The essential question is this: ...
  • Implementing a Loyalty Program July 31, 2009 Implementing a Loyalty program and working with Marketing to enact the plan is an arduous process. So what is the secret to success? Keep it simple! Keep it fresh! First, you need to plan out your Loyalty program. Determine the specifics of your marketplace. You need to consider demographics, competing stores in the area, competing brands, ...
  • Single Point of Control for Palm POS™ and Safe! July 31, 2009 Corporate Safe Specialists and The Pinnacle Corporation have joined forces to take cash management processes to a new level. Pinnacle’s Palm POS™ is directly interfaced to CSS’s suite of Advanced Cash Control Systems, enabling a clerk to accept, validate and secure cash directly into a business-rated safe. Both systems are controlled through a single easy-to-use ...
  • PCI Compliance: Evolving Requirements for Mid-Market Merchants July 31, 2009 Compliance Background The Payment Card Industry (PCI) requires every merchant to maintain compliance with the PCI Data Security Standard (PCI DSS). Methods to validate compliance with the PCI DSS have been emerging over the past five years. Initially, Level 1 merchants (with more than 6 million transaction per year) and service providers were required to validate ...
  • Scan Based Trading: A Distinct Competitive Advantage July 31, 2009 In an industry where competition is fierce and margins are slim, you need a sustainable competitive advantage. Pinnacle’s Scan Based Trading application eliminates supply chain inefficiencies and helps retailers and suppliers get products to the store shelves quickly and profitably, providing retail trading partners with a distinct competitive advantage. With Scan Based Trading through Pinnacle’s Symphony.enterprise performance ...
  • NACS State of the Industry Update: A Look Back, A Look Ahead July 31, 2009 Let’s face it, the c-store industry puts up with more crap than any other retail channel. If we’re not getting hit with steep increases in credit card fees or new mandates, then we’re on the short end of governmental regulations that directly impact our businesses (i.e. FDA control of tobacco). The rest of the world ...
  • Smart Buy™: Turn Your Fuel Inventory 20% Faster July 31, 2009 Pinnacle’s Smart Buy™ and Symphony.fuel real-time inventory™ make it possible to accurately forecast, confirm, and manage a true “just-in-time” fuel program that can reduce the time and costs associated with turning your fuel inventory! Volatile fuel prices and declining margins are the most difficult components to manage in the convenience store industry today. The last thing ...