Tag: ProPay

TSYS / Global Payments Merger Accelerates “Software-Driven” Strategy

After much speculation, payments companies TSYS and Global Payments announced this week that they plan to merge in a $21.5 billion deal.

“We Will Grow with Them”: Processors on the Complexity of Their Relationships with PFs

The relationship with a payments processor is one of the most important partnerships a payment facilitator can have. As the entryway into the payments system, these companies provide technology and expertise that can help put the PF on the road to success.

The Number One Reason to Become a PF? Revenue… and Lots of It!

With PF WORLD 2019 just weeks away, the agenda has been finalized and our speakers are ready to give you all the information you need to make this model successful for you.

MINDBODY Exec to Deliver Keynote at PF WORLD 2018

As SaaS companies decide whether and how to integrate payments into their offerings or seek ways to leverage payments as a key part of their growth strategy, learning from the experiences of existing payment facilitators and other companies who are already successfully walking this road can help smooth the way ahead.

ShopKeep Integrates ProPay PF Services into Platform

ShopKeep and ProPay recently announced a new partnership providing services to small businesses.

Payment Facilitator Platform: A Prerequisite for Success

The payment facilitator model is gaining credibility across the marketplace with three independent companies set to launch PF platforms and related functionalities in an effort to grow and accelerate their business reach.

Processor TSYS to Acquire Cayan for $1.05 Billion

Payments processor TSYS announced Monday that it plans to acquire Cayan, advancing its position as a provider for small and medium-sized businesses, including the PF and ISV markets.

Fraud Protection Partnership: Five Critical Questions Payment Facilitators Should Be Asking

Fraud is something you never think about until it happens. Unfortunately, millions of people are finding out first hand just how frustrating the whole experience can be.

Do You Need to Be a Payment Facilitator, or Are You a PF Wannabe?

If your company is exploring becoming a PF, it is important to understand the relevant drivers behind becoming a PF as well as the impact your decisions have on the operations of your business.

Registering as a PF is not a panacea for making payments easier, and in fact, can be a drain on the resources within your organization.

You already know you want something more than a traditional merchant processing referral relationship. Identifying what you are trying to accomplish with a PF model while analyzing the various options to meet those needs, rather than focusing on simply becoming a PF, is a valuable exercise.

4 Things PFs Need to Know About Anti-Money Laundering

Government regulations laid out by the Bank Secrecy Act and the USA PATRIOT Act require businesses to follow certain practices to avoid facilitating criminal activity, even inadvertently. Together, these regulations form the backbone of anti-money laundering efforts in the U.S.

These government regulations are supported by card brand rules that provide direction on payment facilitators’ specific roles and responsibilities. This is an area that can be daunting to many new and even seasoned payment facilitators.

Dr. Heather Mark, Ph.D., director of compliance for ProPay, shared four critical AML practices the payment facilitators she meets do not always fully understand.