![\"Taxometry\"](\"https:\/\/www.send2press.com\/wire\/images\/taxometry-500x375.jpg\")
<\/p>\nSOUTH JORDAN, Utah, May 24, 2016 (SEND2PRESS NEWSWIRE) — Taxometry announced it has joined the Electronic Transactions Association. Taxometry has developed a state-of-the-art software system that calculates and deducts sales tax automatically for online purchases, and remits the tax to the appropriate state on behalf of retailers.<\/p>\n
<\/p>\n
The Electronic Transactions Association is the leading trade association for the payments industry, representing 500 companies worldwide that offer electronic transaction processing products and services.<\/p>\n
\u201cThe association facilitates the open discussion for those companies in the electronic payments industry,\u201d said John Gibson, CEO of Taxometry. \u201cETA gives us an opportunity to educate the payment processors on the path legislation is taking and its impact to the future of remote taxation.\u201d<\/p>\n
ETA\u2019s membership spans the breadth of the payments industry to include independent sales organizations, payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and equipment suppliers. ETA member companies touch, enrich and improve the lives of every consumer while making the global flow of commerce possible.<\/p>\n
\u201cWe look forward to working in collaboration with ETA\u2019s membership to create solutions that serve this industry better,\u201d said Gibson.<\/p>\n
About Taxometry:<\/strong> Taxometry was certified by the Streamlined Sales Tax Governing Board (SSTGB) making it part of an elite group of companies contracted to provide its Certified Service Provider (CSP) solution in the SSTGB\u2019s 24 member states. Taxometry offers retailers ease and peace of mind knowing they are immune from audit liability for the sales processed online. Merchants will also benefit from Taxometry through the elimination of late fees and fines, and a reduction in accounting costs and clerical overhead.<\/p>\n
\nFounded in 2013, Taxometry has developed a state-of-the-art software system that calculates and deducts sales tax automatically for online purchases, and remits the tax to the appropriate state on behalf of retailers. Taxometry\u2019s software-based solution integrates into a retailer\u2019s shopping cart, payment portal or point-of-sale system. It is designed to navigate the complexities of multi-jurisdictional sales tax compliance issues, including calculation, remittance, reporting, data storage, audit relief and liability mitigation.<\/p>\n