November 7, 2024
National Retail Solutions, a provider of POS solutions for independent retailers, is partnering with LottoShield, an lottery fraud prevention system designed to support retailers by connecting to state lottery data to secure lottery ticket sales.
LottoShield helps stores take control of lottery sales and inventory, reducing losses, saving time and streamlining operations, according to a press release.
Retailers incorporating LottoShield in stores can expect a 90% reduction in lottery theft as LottoShield monitors display cases, vending machines and backstock, ensuring lottery transactions are secure.
"With LottoShield, retailers can protect their business from common sources of lottery loss, from missing scratch-off tickets to inconsistent inventory tracking," Elie Y. Katz, CEO and president of NRS, said in the release. "Our goal is to equip our retailers with a solution that improves security and enhances their operational efficiency so they can focus on growing their business."
"This partnership enables us to bring LottoShield to independent lottery retailers who previously faced limitations due to POS compatibility. Now, any independent lottery retailer can access LottoShield's benefits simply by transitioning to NRS's robust and affordable POS system," Mehdi Mahmoodi, co-founder and COO of LottoShield, said in the release.
Leading provider of integrated POS systems and merchant services for independent retailers.
National Retail Solutions (NRS) is the leading provider of integrated POS systems and merchant services for independent retailers. A subsidiary of IDT Corporation (NYSE: IDT), NRS empowers convenience stores, bodegas, and gas stations with comprehensive retail solutions, payment processing, and the largest DOOH ad network in the retail sector.