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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.jae@clarusdc.com Merchant Services percent of its share capital to EML Payments, which is
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