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J.P. Morgan Payments vs. Oracle Simphony POS Systems

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    J.P. Morgan Payments

    Score7.7 out of 10
    N/AJ.P. Morgan Payments now integrates the functionality of WePay, a payment processing and mobile point-of-sale (mpos) software solution. WePay was acquired by Chase in 2017.N/A

    Oracle Simphony POS Systems

    Score1 out of 10
    N/AOracle Hospitality is the successor to MICROS eCommerce software, modular software dedicated to the needs of airlines, hotels and resports, sport venues, restaurants and bars, and others. The MICROS Point-of-Sale (PoS) systems are available and now offered by Oracle since the acquisition of MICROS Systems in 2014, and are now part of the Oracle Hospitality Suite.N/A
    Pricing
    J.P. Morgan PaymentsOracle Simphony POS Systems
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    J.P. Morgan PaymentsOracle Simphony POS Systems
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
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    J.P. Morgan PaymentsOracle Simphony POS Systems
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    User Ratings
    J.P. Morgan PaymentsOracle Simphony POS Systems
    Likelihood to Recommend
    7.0
    (8 ratings)
    1.0
    (5 ratings)
    User Testimonials
    J.P. Morgan PaymentsOracle Simphony POS Systems
    Likelihood to Recommend
    JPMorgan Chase & Co.
    It is good when you need a temporary (or permanent) solution to get funds to your bank account for something as small as a one time event, recurring or larger. It has reputable companies that use it and seems to integrate easily with most systems and accounts. You will have to go through a whole setup, with your bank accounts, etc.
    Incentivized
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    Oracle
    In my experience, there has not been a resolution on outstanding tickets opened two years ago during the initial implementation. Simple things like time reporting, creating buttons, and marking items as "unavailable" have issues. The system has a lag when servers log out of checks that prevents them from opening the checks on another terminal without a wait that feels like an eternity in the restaurant industry and with direct impact to the guest. Good luck calling support. Most of my experience involves the person I spoke with having no idea how to fix my issue and having to "escalate the ticket." This escalation process will last weeks, months, and in our case, years with no resolution.
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    Pros
    JPMorgan Chase & Co.
    • Easy for new users to set up a WePay account.
    • Easy and quick for users with WePay accounts to make donations.
    • Fairly quick payouts to organizations who receive donations through our platform.
    Incentivized
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    Oracle
    • Real time sales
    • Real time labor costs
    • Integration with account software
    Incentivized
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    Cons
    JPMorgan Chase & Co.
    • Admin reporting could be improved
    • Fees are pulled out of each transaction instead of aggregated at the end of the month (this could be a pro for some users)
    • Difficult to give switch the admin role after it has already been assigned
    • No credit card swipers
    • Only way to process a transaction is directly through the website
    Incentivized
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    Oracle
    • Support is awful. Oracle does not directly support end-users and depends on resellers to offer support. So if there is a bug or breaking change, we have to jump through hoops to get something fixed.
    • Does not play well with other software or interfaces. There are interfaces but they lack a serious amount of features that are crucial to our business.
    • The guest facing hardware does not hold up to constant use very well.
    • The backend hardware is lacking in PCI compliance and is not meant for enterprise use.
    • The software itself looks as if it is stuck in the early 2000s and there has been no sign of an update in many years.
    • Reporting is difficult to set up and use and you have to rely on third-party reporting to get decent usable reports.
    Incentivized
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    Alternatives Considered
    JPMorgan Chase & Co.
    PayPal has it's own niche, and have more stand alone options, but they are confusing to navigate unless you are in their system a lot. Integration can take a lot more time to do and test out. Plus WePay charges less than PayPal does which in this case is an advantage.
    Incentivized
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    Oracle
    We've stayed with MICROS mainly due to that's how we've always operated and to switch operating POS systems would be a HUGE learning curve for everyone involved.
    Incentivized
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    Return on Investment
    JPMorgan Chase & Co.
    • Cuts down on sales time because Wepay does the approval instantly
    • Less return on a per transaction basis because the Wepay fees are pretty high to start with so we can't mark them up too high
    Incentivized
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    Oracle
    • Micros has allowed us to leverage our margin by using our own credit processor and loyalty program. We've seen success from both of these platforms (not Micros) and have been able to save money on the extra costs of using Micros.
    Incentivized
    Read full review
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