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Table of Contents

Lead Story

Tools to enhance ISO operations and sales

News

Industry Update

Isis set to launch nationwide

NAB banking on mobile POS

EC proposes interchange cap in EU

If MFA becomes law, what then?

GS bids farewell to one of our own

A hot time in the old town for MWAA

Features

Different sales cultures are obstacles for most but not all

Patti Murphy
ProScribes Inc.

Selling Prepaid

Prepaid in brief

Prepaid to the rescue for Universal Credit

Southwest Airlines lands fraud victory

Views

Is mobile POS for everyone?

Michael Gavin
Merchant Warehouse

Education

Street SmartsSM:
Who moved my margins?

Dale S. Laszig
Castles Technology Co. Ltd.

Seven tips for a successful mass PCI compliance program: Part 1

Michelle Thompson
FirstMerit Bank NA

Legal issues for the SEO-minded ISOs, MLSs

Adam Atlas
Attorney at Law

Company Profile

ShopKeep POS Inc.

Payment Logistics LLC

New Products

Healthcare payments simplified

Priority MedPay
Priority Payment Systems

A platform for payment innovation

PayPros Innovo
Company: PayPros

Inspiration

To risk or not to risk

Departments

Readers Speak

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

August 12, 2013  •  Issue 13:08:01

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New Products

A platform for payment innovation

Product: PayPros Innovo

When Payment Processing Inc. became PayPros in February 2012, the Newark, Calif.-based ISO was about to embark on a campaign that would advance its payment technology, product and service initiatives under the tagline "software differentiation through payment innovation." Shortly thereafter, the PayPros Innovo payments-as-a-service platform was launched.

"PayPros has spent the last several years developing this innovative platform that not only gives software developers a revolutionary new suite of payment and business services, but allows PayPros to deliver solutions to the market swiftly while incorporating emerging technologies," said Eddie Myers, President and Chief Operating Officer at PayPros. "For software companies, that means real product differentiation and solid competitive advantages."

According to PayPros, the platform supports business, service and partner applications with user control of business service and payment transaction functions; the idea is that clients can manage payment, reporting and boarding processes in a single, integrated platform.

The platform also permits applications to be branded and modified to meet vertical market specifications, with no coding required. Additionally, its application programming interface allows point-of-interaction integrations for mobile applications and social media, the company noted.

Like other cloud-based platforms on the market, Innovo is structured to support new payment technologies, including mobile- and Europay/MasterCard/Visa-based transactions, in addition to demand generation services.

Soon after the platform was launched, the PayPros Decline Minimizer automated card updating service was introduced as a tool to help merchants minimize the impact of declined transactions associated with recurring payments.

"PayPros Decline Minimizer is unlike any other account updating service on the market," Myers said. "Our service operates behind the scenes, automatically updating card data. The business owner does not need to think about it, but will see line-item benefits almost immediately." The new service also integrates with other software applications and safeguards sensitive card data.

PayPros is in the process of developing a series of new products and services created on its Innovo platform.

And it will welcome new partners as it continues to develop payment applications that support new technologies and facilitate integration of custom software applications. Since 1995, more than 1,700 partners and 55,000 businesses have turned to PayPros, the company reported.


Features of PayPros Innovo include:


PayPros
800-774-6462
www.paypros.com

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services