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IndustryUpdate

As cybercriminals seek to monetize their knowledge to a ACQUISITIONS
wider, less tech-savvy audience, complex cross-channel
fraud will become the 'new normal,' with retailers ill- Elavon gains CenPOS
prepared to fight it, Juniper stated.
U.S. Bancorp subsidiary Elavon, a global payments
Consumers favor credit cards for in-store payments
provider, acquired CenPOS, a Miami-based compa-
The latest Insight Summary Report from Mercator ny offering integrated payment software solutions to
Advisory Group's biannual CustomerMonitor Survey large enterprises. Elavon noted that CenPOS' focus on
Series, U.S. Consumers and Credit: Rising Usage, revealed the automotive, travel and entertainment, and general
62 percent of U.S. households used credit cards in 2018, business-to-business verticals aligns well with Elavon's
up from 60 percent of U.S. households in 2017. "Debit strengths. In addition, CenPOS' distribution strategy
cards, however, are often preferred for small purchases and product capability complement Elavon's assets, all
and everyday in-store spending such as groceries," of which make the two entities an excellent fit, Elavon
Mercator wrote. "But when consumers were asked to added.
choose their single most preferred payment type in
stores, 36 percent prefer credit cards and 33 percent Nets completes acquisition of Dotpay/eCard
prefer debit, the top two payment types, followed by 18 Nets completed the acquisition of leading Polish online
percent who prefer using cash."
payment service providers Dotpay/eCard. Andrzej
Budzik will continue as CEO of Dotpay/eCard and the
PARTNERSHIPS brands of Dotpay and eCard will remain. "With the
acquisition of Dotpay/eCard we extend our presence in
Europe and get access to new opportunities in Poland
JetPay, CardFlight expand small
which is a high growth market, especially within the
business payment acceptance
merchant services area," Nets stated. "We aim to con-
CardFlight, a software-as-a-service payment technology tinue the strong development Dotpay/eCard have expe-
rienced in recent years through both investments into
company, and JetPay, a provider of vertically integrated
payment solutions, established a partnership through organic growth and further consolidation."
which JetPay will offer CardFlight's SwipeSimple pay-
ment acceptance technology to provide small businesses APPOINTMENTS
with an easy to use solution for payment acceptance and
business management. JetPay will provide SwipeSimple Eight FAPS leaders join ETA committees
as part of its MyMobile product offering, which will
provide merchants a broad range of payment accep- First American Payment Systems heralded the appoint-
tance and business management tools, according to the ment of eight executives and senior staff to ETA com-
partners. mittees for 2019. In addition, First American CEO Neil
Randel will begin his second consecutive year as a mem-
POSData, Poynt partner on connected commerce
ber of the ETA Board of Directors.
POSData Group Inc., a North American distributor of
secure payment solutions, signed a distribution agree- Appointees listed by name, title and committee appoint-
ment with Poynt Inc. to bring the Poynt all-in-one com- ment include: Brian Dorchester, executive vice president
merce platform to merchants across North America. of operations ‒ Risk, Fraud & Security; Sarah Guckes,
POSData will use its logistics facility in Louisville, vice president of marketing ‒ Awards & Recognition;
Ky., to distribute Poynt payment solutions through its Mike Lawrence, executive vice president and CIO ‒
reseller network and provide encryption key injection, Technology; Bill Lodes, executive vice president of
technical support and other deployment services, the business development & strategy ‒ Mobile Payments;
partners stated. Shalayne Marsh, director of marketing & creative ser-
vices – Professional Development; Lori Rainery, direc-
Shogun joins Shopify technology partner program tor, ISV ‒ Payment Facilitators; Rick Rizenbergs, execu-
tive vice president of sales – Payment Sales & Strategy;
Shogun, a drag-and-drop landing page builder for and Rebecca Walden, director of communications –
e-commerce sites, was selected by Shopify to join the Communications (Chair).
Shopify Plus Technology Partner Program, which strives
to create additional capabilities and services that address Christine Lee takes charge at BillingTree
the unique complexities of high-growth, high-volume
merchants. Merchants and agencies using Shopify Plus BillingTree appointed Christine "Chris" Lee as its new
can now leverage Shogun, which brings the ease of use CEO. Lee, a seasoned payments industry executive,
and power of drag-and-drop page builders directly inte- has successfully led teams at Moneris, Vantiv, NPC
grated into the Shopify platform, Shogun said. and Bank of America. She is also president elect of the
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