GS Logo
The Green Sheet, Inc

Please Log in

A Thing
View Archives

View flipbook of this issue

Care to Share?


Table of Contents

Lead Story

PCI SSC raises bar on data security

Ann Train

News

Industry Update

News Briefs

Views

Lead and follow desire lines

Dale S. Laszig
DSL Direct LLC

Change means opportunity for those willing to learn

Brandes Elitch
CrossCheck Inc.

Cracking the merchant retention nut

Patti Murphy

Education

Street SmartsSM:
Merger mania, oh how it can hurt

Steven Feldshuh
Merchants' Choice Payment Solutions East

Five reasons why buyers will spurn your ISO

Adam T. Hark
Preston Todd Advisors

Selling solutions – the new merchant services paradigm

Dinesh Saparamadu
Apptizer Inc.

Company Profile

USAePay

New Products

Advanced CRM, marketing automation for SMBs

Womply Engage
Womply

Cash discounts for merchants in-app, in-store, online

PayLo technology suite
SignaPay Ltd.

Inspiration

Four decisions that lead to a close

Features

ISOMetrics:
Checkout experience a top merchant priority

Departments

Letter from the editors

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

March 26, 2018  •  Issue 18:03:02

previous next

New Products

Cash discounts for merchants in-app, in-store, online

Product: PayLo technology suite

SignaPay Ltd., a merchant services and payment technology provider, added the PayHub Plus Payment Gateway and PayLo Mynt POS System to its PayLo technology suite. The new solutions provide more hardware and software implementation choices to merchants using the patented, customized PayLo Cash Discount program, company representatives stated.

"PayLo has grown exponentially since February 2017, when our sales channel partners began rolling out the program nationwide," stated Matt Nern, Vice President of Sales at SignaPay. ISOs and merchant level salespeople have been educating merchants on the merits of cash discounts; their merchants are using PayLo to increase profits and improve margins, he added.

Automated cash discount technology

Cash discount programs were endorsed within the Durbin Amendment to the 2010 Dodd-Frank Act and enable merchants to discount transactions paid by check or cash. The PayLo Cash Discount program meets all federal guidelines and is approved by leading payment card brands and service providers, company representatives noted. Its patented software detects payment types, automatically applying eligible fees and discounts. Merchants can implement per-transaction- or percentage-based fee structures; they can also use an online savings calculator to evaluate the programs. Employing the PayHub Plus app, PayHub Plus Payment Gateway and PayLo Mynt POS System the program can operate across multiple merchant locations, devices and communications channels, SignaPay noted.

PayHub Plus app

The PayHub Plus mobile app is available at the Apple App Store and Google Play. "In this service-based industry, merchants can travel freely without carrying terminals," Nern stated. "The app has all the bells and whistles of the PayLo Cash Discount program; merchants can manage invoices, bill payments and web checkout from smartphones and connected devices."

PayHub Plus Payment Gateway

The PayHub Plus Payment Gateway, compatible with PayLo cash discount software, is designed to seamlessly integrate with in-store and online channels. The company stated the brandable, customizable gateway includes the following features:

PayLo Mynt POS System

The PayLo Cash Discount Program is certified on select Dejavoo and Pax terminals and PayLo Mynt, an integrated POS platform. The cloud-based, all-in-one POS system, with widescreen tablet, receipt printer and cash drawer, provides customized retail and hospitality solutions for bars, restaurants, retail stores, quick service restaurants, delivery services, salons and spas. Additional features cited by SignaPay include:

"PayLo cash discount software can be seamlessly integrated into the PayLo Mynt POS System," Nern stated. "The solution can be optimized for any business. Merchants who use the PayLo cash discount software and PayLo Mynt POS System can save money on every transaction."

Website: www.sellpaylo.com Contact: mattn@signapay.com

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

previous next

Spotlight Innovators:

North American Bancard | USAePay | Impact Paysystems | Electronic Merchant Systems | Board Studios