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IndustryUpdate



          validated P2PE platform to provide secure and flexible   Flowers and 1-800 Baskets. NBP stated that it actively
          payment solutions, the partners noted. "The solution    pursues new vendors to meet ever-growing market
          caters to North American and Latin American custom-     needs and that through its vendor partners, it offers
          ers, combining all the user-centric and enhanced features   U.S. customers unparalleled savings on products and
          of AMP's smart terminals with the added security of a   services they use every single day.
          P2PE framework," AMP said. "This validation is a key
          step in AMP's commitment to better serve cutting-edge   SimpleGym, WePay to offer integrated payments
          payment options to security-focused sectors such as
          banking, government, and specialty retail and restau-   SimpleGym, which makes cloud-based all-in-one gym
          rants."                                                 management software for gyms, studios, dojos and per-
                                                                  sonal training, teamed up with WePay, the integrated
          Fluid Pay, Debit Technologies                           payments business of JPMorgan Chase & Co., to bring
          offer cash discounting                                  its users fast, reliable and secure integrated payments.
                                                                  As such, SimpleGym integrated the WePay payments
          Fluid Pay partnered with Debit Technologies to  offer   platform into its software to bring its customers the reli-
          an exclusive patented technology for cash discounting   ability and security of fully integrated credit, debit and
          that helps eliminate card payment processing costs. As   ACH payment capabilities.
          part of standard product pricing, a small service charge
          (fixed amount or percentage) is applied to all sales    "At SimpleGym, we want gym owners to be up and
          and disclosed to consumers. The payment terminal is     running on our platform in minutes, not days or even
          designed to encourage customers to pay by cash or gift   hours, and achieving that has been a key component in
          card by giving only those who pay by those means a      all of our partnerships," said Rich McIver, SimpleGym
          discount on the listed price.                           director of operations. "With WePay, we found a partner
                                                                  whose deferred KYC onboarding flow enabled us to
          NBP adds two new vendor partners                        achieve that."

          National Benefit Programs, which specializes in provid-  VPay a new Nacha Preferred Partner
          ing added value to ISOs, acquirers and payment pro-
          cessors, signed two new vendors to its program: 1-800   VPay is now a Nacha Preferred Partner for  ACH dis-
                                                                  bursements. Through this partnership, VPay and Nacha
                                                                  will continue working to remove friction, increase qual-
           FIND OUT WHAT YOUR                                     ity, improve cash flow accessibility and efficiency, and
                                                                  support sound risk management and security for ACH
           PORTFOLIO IS WORTH                                     payments. "Improving transaction quality in the pay-
                                                                  ments industry requires providers who are dedicated to
                                                                  evolving with the industry," said Jane Larimer, Nacha
                                  Get a detailed assessment
                                  showing the value of what       president and CEO. "It's one of the reasons we have built
                                  you have built                  our Preferred Partner program and welcome VPay as the
                                                                  newest member."

                                                                ACQUISITIONS


                                                                  Interac acquires digital security company 2Keys
                                                                  Canadian interbank network Interac agreed to acquire
                                                                  2Keys, a digital security firm based in Ottawa. Under
                                                                  terms of the acquisition, 2Keys and its employees will
                                                                  join Interac and be instrumental in supporting further-
                                                                  ance of digital ID and commerce. For the past 22 years,
                                                                  2Keys has provided digital identity and access solutions.
                                                                  It reportedly performs 4 million ID verifications daily
               If you like the $ number, we will buy your portfolio.    and  supports  more  than  40  million  users.  Over  59,000
               Keep selling, keep building, keep earning
               residuals...but with a nice amount of              ATMs can be accessed through the Interac network
               money in the bank                                  in  Canada,  and  more  than  450,000  merchant  locations
            +  No need to leave your current ISO                  accept Interac debit payments.
               or processing relationship
                                                                  PFS sells to EML Payments
               clarusdc.com                                       Fintech  Futures  reported  that  London-based  payment
               888-245-7216 Ext. 717                              solutions provider Prepaid Financial Services sold 100
               michael.ja†e@clarusdc.com      Merchant Services   percent of its share capital to EML Payments, which is

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