The North American Retail Hardware Association (NRHA) and Payment Alliance International (PAI) have announced they have formed a partnership to provide independent home improvement retailers with new credit card processing and payment services opportunities.

A leader in electronic payment processing solutions, PAI currently serves over 70,000 ATMs and 85,000 retail businesses with a variety of payment solutions and educational opportunities. Beginning today, independent home improvement retailers will have access to many of these benefits, as well.

PAI senior vice president Krista Lowery said: "We are happy to announce our partnership with NRHA.

"NRHA members can now tap into cutting-edge payment technologies and services, like EMV chip card processing, e-commerce integration for in-store pickup or shipped orders, and line-busting mobile checkout to lower operating costs, increase profits and enhance the consumer buying experience."

PAI is the latest organization to join NRHA’s growing business services offerings, adding to already established member insurance, health insurance and prescription savings card programs designed to provide retailers with alternative solutions to common business needs.

Through PAI’s program, retailers receive a detailed charge analysis comparison to see how the program benefits their bottom line, and gain access to the most up-to-date payments technology.

NRHA president and chief executive officer Bill Lee said: "NRHA is thrilled to provide another business service alternative that directly aligns with our mission to help retailers become better, more profitable merchants.

"Cost-effective and reliable credit card and payment solutions are an important part of the independent home improvement retailing business, and we look forward to offering retailers new opportunities in those areas via PAI."