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Restaurant POS

Sparkfly and Bojangles Partner to Transform Brand’s Personalized Mobile App and Digital Dining Experience

Sparkfly | April 25, 2022

Dining Experience
Sparkfly, an award-winning retail technology solutions company that helps innovative restaurants and merchants unify customer engagement technologies to create deeper and more meaningful connections with customers, announced today they have been selected by Bojangles to transform the brand’s personalized engagement and eClub programs at each of its locations across the country. Sparkfly will help Bojangles integrate the brand’s point-of-sale (POS) systems with its offer management platform to connect the entire customer engagement experience. The Charlotte-based quick service restaurant (QSR) brand and its franchisees operate more than 770 restaurants system-wide in 14 states.

Upon completion of the integration, Bojangles’ online and in-store POS transactions will be fully integrated and normalized, offering mobile app users a modernized digital customer experience that operates in any location, on any mobile device, or from any computer. The addition of a digital wallet to its mobile app, Bojangles, will streamline the flow of transactional data, enabling the brand to deliver real-time personalized offers in collaboration with their marketing and service cloud platforms, and acquire new customers. Bojangles’ new mobile app campaign is expected to officially launch to consumers in May 2022.

“We are excited to partner with Bojangles to help them build a best-in-class mobile app and digital experience for their customers. At our core, we exist to empower QSR brands to be more innovative through a modernized approach to real-time data collection and personalized offers; this 360-degree customer engagement strategy is sure to transform the customer experience and positively impact the overall dining experience.”

Sparkfly Founder and CEO Catherine Tabor

“Sparkfly will be a great partner for Bojangles as we redefine the way our consumers experience, purchase, and engage with us by enhancing our mobile app and POS ecosystems to deliver a modern and seamless engagement and ordering journey for millions of our customers,” said Sergio Perez, Sr. Director of Omnichannel at Bojangles.

Incentive Program
With Sparkfly’s offer management capabilities, Bojangles can acquire new customers, collect transactional data, issue personalized offers through any form of media or distribution channel and redeem as part of an online order or through single-scan technology at the POS.

Bojangles Mobile App Campaigns
Through Sparkfly’s mobile wallet technology, Bojangles can make all offers available directly to customers in their mobile app, which can be used seamlessly online and via in-app ordering.

In-Restaurant Technology Intelligence
Sparkfly’s bi-directional POS integration will power Bojangles’s real-time communication of all transactional data to other marketing and analytics technologies, breaking down marketing data silos and establishing a true 360-degree view of their customer.

Frictionless Online Ordering
Sparkfly’s Smart Landing Page technology will reduce offer-to-online ordering friction for Bojangles customers, allowing them to redeem an online offer with a single click, reducing cart abandonment. Beyond that, Sparkfly streamlines the brand’s promotion capabilities by enabling a single platform that manages all offers being redeemed through the online ordering platform or at the in-store POS.

About Sparkfly
Sparkfly is a retail technology solutions company. We help innovative retailers and merchants like Chipotle, Del Taco, Bloomin’ Brands, and Great Clips unify customer engagement technologies to create deeper and more meaningful connections with customers. Through strategy and implementation of our platform, Sparkfly provides real time POS connectivity, offer management and loyalty, mobile loyalty wallets and real-time capture of transactional data. Connect, innovate and grow with Sparkfly. 

About Bojangles, Inc.
Bojangles, Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from our Southern recipes, including breakfast served All Day, Every Day. Founded in 1977 in Charlotte, N.C., Bojangles® serves menu items such as made-from-scratch biscuit breakfast sandwiches, delicious hand-breaded bone-in chicken, flavorful fixins (sides) and Legendary Iced Tea®. Currently, Bojangles has approximately 760 system-wide restaurants in 14 states.

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Safety Insurance Selects One Inc’s ClaimsPay® Solution

Businesswire | June 29, 2023

One Inc, the leading digital payments network for the insurance industry, announced today that Safety Insurance Group (Safety) has selected One Inc’s ClaimsPay® to modernize the consumer experience and provide instant claims payment functionality to its customers. This partnership underscores the industry’s emphasis on digital payment solutions and eliminating physical check reimbursements. One Inc currently enables more than 240 insurance carriers to process over $51 billion in payments annually. Headquartered in Boston, Massachusetts, Safety provides a full range of property and casualty insurance products and operates exclusively in Massachusetts, New Hampshire, and Maine. As part of the company’s goal to provide industry-leading ease of doing business and maximum efficiency, Safety selected One Inc’s ClaimsPay solution to streamline its entire claims disbursement process. Through One Inc’s ClaimsPay platform, Safety customers will have the option to receive digital payments through popular payment platforms like Venmo and PayPal, in addition to direct payment options. With integrated mobile and web platforms, Safety seeks to provide customers with a modern claims experience that uses familiar mobile technology. “Integrating One Inc’s ClaimsPay was a natural choice as we sought to innovate this vital area of our business,” said Steve Varga, Vice President of MIS. “We are focused on modernizing property and casualty insurance and are always looking for partners that deliver modern tools to improve the customer experience. Security, speed, and ease of the process are our top priorities, and ClaimsPay will help us meet and exceed those benchmarks.” “Instant payments deliver a required customer value proposition and a competitive advantage to insurance carriers,” said Ian Drysdale, CEO at One Inc. “As Safety Group looks to prioritize efficiency, many insurers are eyeing their claims technology to provide digital infrastructure that can help them rapidly adapt to the ever-changing needs of customers and stay ahead of the competition. We are proud that leading carriers like Safety are choosing One Inc for claims payment transformation.” About One Inc One Inc is modernizing the insurance industry through a unified and frictionless payment network. Focusing only on the insurance industry, One Inc helps carriers transform their operations by reducing costs, increasing security, and optimizing customer experience. The comprehensive end-to-end digital payments platform provides expanded payment options, multi-channel digital communications, and rapid digital claim payments, even for the most complex insurance use cases. As one of the fastest-growing digital payments platforms in the insurance industry, One Inc manages billions of dollars per year in premiums and claim payments. About Safety Safety Insurance Group, Inc., based in Boston, MA, is the parent of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company, Safety Northeast Insurance Company, and Safety Northeast Insurance Agency. Operating exclusively in Massachusetts, New Hampshire, and Maine, Safety is a leading writer of property and casualty insurance products, including private passenger automobile, commercial automobile, homeowners, dwelling fire, umbrella, and business owner policies.

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POS Solutions, Restaurant POS

MarginEdge Redefines Payment Efficiency for Restaurants with New Mobile Bill Payment Offering

PRnewswire | August 16, 2023

MarginEdge, the leading restaurant management and bill payment platform, announced the launch of its mobile bill payment capability, which enables operators to effortlessly settle payments using just their smartphones. This latest addition to their suite of mobile tools represents the culmination of complete operational fluidity – enabling operators to upload, approve, and now pay their invoices on the go. Available and free to every U.S.–based MarginEdge customer, MarginEdge Bill Pay is the first and only payments provider exclusively dedicated to B2B payments within the restaurant industry. "We are witnessing a momentous shift as digital payments revolutionize the way businesses operate," emphasized Bo Davis, CEO of MarginEdge. "At MarginEdge, we are dedicated to ensuring that every restaurant can thrive in this new era. This new capability empowers restaurants to embrace the speed, security and convenience of mobile payments while maintaining complete control over their financial processes." With its ability to quickly digitize invoice line item details, including handwritten adjustments and credits, its 2-3 day payment transmission time to the MarginEdge vendor network of 55,000+ and its robust array of inventory, recipe and reporting capabilities, MarginEdge equips accountants and operators with everything they need in order to run a more profitable restaurant and gain better control over their cash flow. Other Key features and Benefits of MarginEdge Mobile Bill Pay Include: • Free & Unlimited Payments Included: Unlike competing bill payment software, MarginEdge does not charge any additional fees outside of its normal monthly subscription. • Multiple Payment Options: Pay each vendor the way that works best for them. • Cash Flow Management: Set up auto-payments, schedule payments for a future date, or even make partial payments. • Pay Any Vendor Imaginable: Enroll your own vendors in digital payments for faster and more secure transmissions. • Backed by Tier-1 Banks: Payments are processed through the #1 ACH originator in the country. MarginEdge Mobile Bill Pay sets a new standard for payment efficiency, designed just for restaurants – propelling the industry into the future of efficient and effective financial management. "The time it takes calculating bills and organizing payments is time stolen from where operators want to be in their restaurant," said Brandie Coley, MarginEdge Product Manager. "Bill Pay in the mobile app allows operators to take care of bills wherever they are, so they can spend less time in the back office and more time on the floor with their guests." About MarginEdge MarginEdge's mission is to create a world where restaurant operators can focus on the business they love. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office and freeing restaurants to spend more time on their culinary offerings and guest experiences. The platform offers market-leading invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high impact product that resonates across the hospitality industry.

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POS Retail

Nuvei and Plaid extend partnership to new regions and eCommerce verticals

Globenewswire | July 19, 2023

Nuvei Corporation ,the Canadian fintech company, and Plaid, a data network that enables consumers to connect their bank accounts to more than 8,000 apps and services, announce today an extension of their existing global partnership to support a wider range of businesses with accepting bank-based payments for multiple use cases, including recurring payments and payouts, and to serve additional verticals within the eCommerce landscape, such as utilities and B2B. Nuvei and Plaid are also announcing an intention to scale their partnership globally before the end of the year. Nuvei’s global reach, including local acquiring in 47 markets, combined with the Plaid network which covers 12,000 financial institutions across the US, Canada, UK and Europe, will enable businesses in multiple regions across the globe to enhance their online checkout through offering best-in-class, pay-by-bank experiences. The growing demand for a streamlined user experience In recent years the demand for bank-based payments has grown steadily from both consumers and merchants. According to proprietary data compiled for Nuvei, bank-based payments is already the third most popular online payment method in the U.S. behind credit and debit cards, and almost a quarter (23%) of all U.S. consumers are considering using bank-based payments for general eCommerce payments in the next 12 months. This rises to 44% of all U.S. consumers that have chosen bank-based payments for any type of transaction previously. For merchants, the benefits of bank-based payments are clear and revolutionary. Faster settlement times, reduced disputed transactions, and reduced operating costs result in higher profit margins and accelerated revenue growth. Frictionless payment methods boost conversion rates, accelerating revenues even further. While bank-based payments are typically not guaranteed, the Nuvei, Plaid partnership offers merchants the ability to assess transaction risk in real time and reduce return rates through Plaid Signal, a network-based machine learning model. This includes confirming the consumer has available funds to complete a transaction, eliminating transactions that are falsely declined by banks and further benefiting top line performance. Historically, adoption of bank-based payments have been hamstrung by the cumbersome manual experience of entering account and routing numbers, as well as general security concerns around consumers providing sensitive bank details online. In the study conducted for Nuvei, 35% of consumers expressed security concerns as a key barrier to bank-based payment adoption. These hurdles are overcome with the Nuvei Instant Bank Transfer solution. Nuvei's Instant Bank Transfer combines Nuvei's speed of bank payment processing with Plaid's seamless and secure user experience for bank account linking, which has been used by approximately 1 in 3 US consumers with a bank account to connect to digital financial services. The combination of these leading technologies results in a consumer payment experience that is as easy as a click of a button, and merchants receive their funds instantly. Nuvei CEO and Chair Philip Fayer commented: “We want to support merchants with payment solutions with lower processing costs and quicker access to funds. Consumers are increasingly turning to online bank transfer payments, but their user experience has often been poor. Nuvei Instant Bank Transfer eliminates the barriers to adoption, democratizing this payment method for consumers and offering merchants a genuine revenue-driving alternative to card payments. Our partnership with Plaid makes online bank transfer payments even more seamless for millions of U.S. consumers, which is why we’re excited to be expanding our partnership to target a broader range of eCommerce verticals.” “The shift to bank-based payments is a natural, inevitable progression and will become a seamless part of most payments experiences in the next few years,” said John Anderson, Head of Payments at Plaid. “Plaid and Nuvei have a proven track record of helping companies streamline account funding experiences through bank transfers. We are excited to extend our partnership with Nuvei to bring safe, secure and seamless bank-based experiences to more companies and industries within the eCommerce realm.” About Nuvei Nuvei is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 47+ markets, 150 currencies and more than 600 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. About Plaid Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. Nearly 1 in 3 US consumers with a bank account have connected via the Plaid network, which covers more than 12,000 financial institutions across the US, Canada, UK and Europe, and connects to an ecosystem of more than 8,000 leading digital finance apps and services. Headquartered in San Francisco, the company was founded in 2013 by Zach Perret and William Hockey.

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POS Retail, Cloud Based POS

TerraPay receives In-Principle approval for an MPI License from the Monetary Authority of Singapore (MAS)

PRnewswire | August 11, 2023

TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals. With this coveted approval from MAS, a key financial services regulator, TerraPay's customers and leading global enterprises will be able to access its expansive network, across 120 receive countries and 208 send countries while enabling fully compliant, affordable, and seamless cross-border money movement. TerraPay, with regulatory approvals in 28 countries, facilitates fully compliant international money transfers, frictionless business pay-outs, and alternative payment methods. Singapore has always been a strategic region for TerraPay as it derives almost 50% of its revenues from Asia. With Singapore's position as a gateway to high-growth markets of Southeast Asia, TerraPay will capitalize on this license to tap into the immense potential of the region and bolster its existing local presence and partnerships across Singapore, South Korea, Vietnam and Philippines. On securing the approval, Ambar Sur, Founder and CEO, TerraPay said "I am incredibly proud of the comprehensive network of partners, employees, countries, and licenses we have established worldwide, enabling us to offer simplified payment services for everyone. Obtaining the approval in Singapore is a game-changer, solidifying our position as a leading cross-border payments powerhouse in one of the most significant financial markets globally. At TerraPay, our core values revolve around inclusion and innovation. We are inspired by Singapore's fintech journey, which aligns perfectly with our mission to improve lives and contribute to a dynamic, inclusive economy. The approval from MAS reinforces our commitment to excellence as we aim to become the most regulatory-approved payments company in the world." Backed by Prime, IFC, Partech Africa & Visa, TerraPay is enabling secure real-time global payment corridors across Asia, Africa, Europe, the Middle East, and the USA, and expanding rapidly in Latin America. In May 2023, TerraPay announced its Series B equity financing round, where it successfully raised more than $100 million for global expansion plans, enabling the company to strengthen its existing pay-out network, and expand its regulatory and compliance capabilities and infrastructure globally. About TerraPay Headquartered in the United Kingdom, TerraPay believes that the smallest payment deserves a borderless journey as safe as the largest. The group has been building an ever-expanding payments highway that empowers businesses to create transparent customer experiences with an uninterrupted, secure, and real-time global passage for every payment, however small or large. Registered and regulated across 28 global markets, TerraPay is one of the leading global partners to banks, mobile wallets, money transfer operators, merchants, and financial institutions, creating a more expansive and inclusive international financial ecosystem. With its vast network of 7.5Bn+ bank accounts, 2.1Bn+ mobile wallets, across 120 receive countries and 208 send countries, TerraPay enables its partners to drive global financial inclusion at scale.

Read More

POS Retail

Safety Insurance Selects One Inc’s ClaimsPay® Solution

Businesswire | June 29, 2023

One Inc, the leading digital payments network for the insurance industry, announced today that Safety Insurance Group (Safety) has selected One Inc’s ClaimsPay® to modernize the consumer experience and provide instant claims payment functionality to its customers. This partnership underscores the industry’s emphasis on digital payment solutions and eliminating physical check reimbursements. One Inc currently enables more than 240 insurance carriers to process over $51 billion in payments annually. Headquartered in Boston, Massachusetts, Safety provides a full range of property and casualty insurance products and operates exclusively in Massachusetts, New Hampshire, and Maine. As part of the company’s goal to provide industry-leading ease of doing business and maximum efficiency, Safety selected One Inc’s ClaimsPay solution to streamline its entire claims disbursement process. Through One Inc’s ClaimsPay platform, Safety customers will have the option to receive digital payments through popular payment platforms like Venmo and PayPal, in addition to direct payment options. With integrated mobile and web platforms, Safety seeks to provide customers with a modern claims experience that uses familiar mobile technology. “Integrating One Inc’s ClaimsPay was a natural choice as we sought to innovate this vital area of our business,” said Steve Varga, Vice President of MIS. “We are focused on modernizing property and casualty insurance and are always looking for partners that deliver modern tools to improve the customer experience. Security, speed, and ease of the process are our top priorities, and ClaimsPay will help us meet and exceed those benchmarks.” “Instant payments deliver a required customer value proposition and a competitive advantage to insurance carriers,” said Ian Drysdale, CEO at One Inc. “As Safety Group looks to prioritize efficiency, many insurers are eyeing their claims technology to provide digital infrastructure that can help them rapidly adapt to the ever-changing needs of customers and stay ahead of the competition. We are proud that leading carriers like Safety are choosing One Inc for claims payment transformation.” About One Inc One Inc is modernizing the insurance industry through a unified and frictionless payment network. Focusing only on the insurance industry, One Inc helps carriers transform their operations by reducing costs, increasing security, and optimizing customer experience. The comprehensive end-to-end digital payments platform provides expanded payment options, multi-channel digital communications, and rapid digital claim payments, even for the most complex insurance use cases. As one of the fastest-growing digital payments platforms in the insurance industry, One Inc manages billions of dollars per year in premiums and claim payments. About Safety Safety Insurance Group, Inc., based in Boston, MA, is the parent of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company, Safety Northeast Insurance Company, and Safety Northeast Insurance Agency. Operating exclusively in Massachusetts, New Hampshire, and Maine, Safety is a leading writer of property and casualty insurance products, including private passenger automobile, commercial automobile, homeowners, dwelling fire, umbrella, and business owner policies.

Read More

POS Solutions, Restaurant POS

MarginEdge Redefines Payment Efficiency for Restaurants with New Mobile Bill Payment Offering

PRnewswire | August 16, 2023

MarginEdge, the leading restaurant management and bill payment platform, announced the launch of its mobile bill payment capability, which enables operators to effortlessly settle payments using just their smartphones. This latest addition to their suite of mobile tools represents the culmination of complete operational fluidity – enabling operators to upload, approve, and now pay their invoices on the go. Available and free to every U.S.–based MarginEdge customer, MarginEdge Bill Pay is the first and only payments provider exclusively dedicated to B2B payments within the restaurant industry. "We are witnessing a momentous shift as digital payments revolutionize the way businesses operate," emphasized Bo Davis, CEO of MarginEdge. "At MarginEdge, we are dedicated to ensuring that every restaurant can thrive in this new era. This new capability empowers restaurants to embrace the speed, security and convenience of mobile payments while maintaining complete control over their financial processes." With its ability to quickly digitize invoice line item details, including handwritten adjustments and credits, its 2-3 day payment transmission time to the MarginEdge vendor network of 55,000+ and its robust array of inventory, recipe and reporting capabilities, MarginEdge equips accountants and operators with everything they need in order to run a more profitable restaurant and gain better control over their cash flow. Other Key features and Benefits of MarginEdge Mobile Bill Pay Include: • Free & Unlimited Payments Included: Unlike competing bill payment software, MarginEdge does not charge any additional fees outside of its normal monthly subscription. • Multiple Payment Options: Pay each vendor the way that works best for them. • Cash Flow Management: Set up auto-payments, schedule payments for a future date, or even make partial payments. • Pay Any Vendor Imaginable: Enroll your own vendors in digital payments for faster and more secure transmissions. • Backed by Tier-1 Banks: Payments are processed through the #1 ACH originator in the country. MarginEdge Mobile Bill Pay sets a new standard for payment efficiency, designed just for restaurants – propelling the industry into the future of efficient and effective financial management. "The time it takes calculating bills and organizing payments is time stolen from where operators want to be in their restaurant," said Brandie Coley, MarginEdge Product Manager. "Bill Pay in the mobile app allows operators to take care of bills wherever they are, so they can spend less time in the back office and more time on the floor with their guests." About MarginEdge MarginEdge's mission is to create a world where restaurant operators can focus on the business they love. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office and freeing restaurants to spend more time on their culinary offerings and guest experiences. The platform offers market-leading invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high impact product that resonates across the hospitality industry.

Read More

POS Retail

Nuvei and Plaid extend partnership to new regions and eCommerce verticals

Globenewswire | July 19, 2023

Nuvei Corporation ,the Canadian fintech company, and Plaid, a data network that enables consumers to connect their bank accounts to more than 8,000 apps and services, announce today an extension of their existing global partnership to support a wider range of businesses with accepting bank-based payments for multiple use cases, including recurring payments and payouts, and to serve additional verticals within the eCommerce landscape, such as utilities and B2B. Nuvei and Plaid are also announcing an intention to scale their partnership globally before the end of the year. Nuvei’s global reach, including local acquiring in 47 markets, combined with the Plaid network which covers 12,000 financial institutions across the US, Canada, UK and Europe, will enable businesses in multiple regions across the globe to enhance their online checkout through offering best-in-class, pay-by-bank experiences. The growing demand for a streamlined user experience In recent years the demand for bank-based payments has grown steadily from both consumers and merchants. According to proprietary data compiled for Nuvei, bank-based payments is already the third most popular online payment method in the U.S. behind credit and debit cards, and almost a quarter (23%) of all U.S. consumers are considering using bank-based payments for general eCommerce payments in the next 12 months. This rises to 44% of all U.S. consumers that have chosen bank-based payments for any type of transaction previously. For merchants, the benefits of bank-based payments are clear and revolutionary. Faster settlement times, reduced disputed transactions, and reduced operating costs result in higher profit margins and accelerated revenue growth. Frictionless payment methods boost conversion rates, accelerating revenues even further. While bank-based payments are typically not guaranteed, the Nuvei, Plaid partnership offers merchants the ability to assess transaction risk in real time and reduce return rates through Plaid Signal, a network-based machine learning model. This includes confirming the consumer has available funds to complete a transaction, eliminating transactions that are falsely declined by banks and further benefiting top line performance. Historically, adoption of bank-based payments have been hamstrung by the cumbersome manual experience of entering account and routing numbers, as well as general security concerns around consumers providing sensitive bank details online. In the study conducted for Nuvei, 35% of consumers expressed security concerns as a key barrier to bank-based payment adoption. These hurdles are overcome with the Nuvei Instant Bank Transfer solution. Nuvei's Instant Bank Transfer combines Nuvei's speed of bank payment processing with Plaid's seamless and secure user experience for bank account linking, which has been used by approximately 1 in 3 US consumers with a bank account to connect to digital financial services. The combination of these leading technologies results in a consumer payment experience that is as easy as a click of a button, and merchants receive their funds instantly. Nuvei CEO and Chair Philip Fayer commented: “We want to support merchants with payment solutions with lower processing costs and quicker access to funds. Consumers are increasingly turning to online bank transfer payments, but their user experience has often been poor. Nuvei Instant Bank Transfer eliminates the barriers to adoption, democratizing this payment method for consumers and offering merchants a genuine revenue-driving alternative to card payments. Our partnership with Plaid makes online bank transfer payments even more seamless for millions of U.S. consumers, which is why we’re excited to be expanding our partnership to target a broader range of eCommerce verticals.” “The shift to bank-based payments is a natural, inevitable progression and will become a seamless part of most payments experiences in the next few years,” said John Anderson, Head of Payments at Plaid. “Plaid and Nuvei have a proven track record of helping companies streamline account funding experiences through bank transfers. We are excited to extend our partnership with Nuvei to bring safe, secure and seamless bank-based experiences to more companies and industries within the eCommerce realm.” About Nuvei Nuvei is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 47+ markets, 150 currencies and more than 600 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. About Plaid Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. Nearly 1 in 3 US consumers with a bank account have connected via the Plaid network, which covers more than 12,000 financial institutions across the US, Canada, UK and Europe, and connects to an ecosystem of more than 8,000 leading digital finance apps and services. Headquartered in San Francisco, the company was founded in 2013 by Zach Perret and William Hockey.

Read More

POS Retail, Cloud Based POS

TerraPay receives In-Principle approval for an MPI License from the Monetary Authority of Singapore (MAS)

PRnewswire | August 11, 2023

TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals. With this coveted approval from MAS, a key financial services regulator, TerraPay's customers and leading global enterprises will be able to access its expansive network, across 120 receive countries and 208 send countries while enabling fully compliant, affordable, and seamless cross-border money movement. TerraPay, with regulatory approvals in 28 countries, facilitates fully compliant international money transfers, frictionless business pay-outs, and alternative payment methods. Singapore has always been a strategic region for TerraPay as it derives almost 50% of its revenues from Asia. With Singapore's position as a gateway to high-growth markets of Southeast Asia, TerraPay will capitalize on this license to tap into the immense potential of the region and bolster its existing local presence and partnerships across Singapore, South Korea, Vietnam and Philippines. On securing the approval, Ambar Sur, Founder and CEO, TerraPay said "I am incredibly proud of the comprehensive network of partners, employees, countries, and licenses we have established worldwide, enabling us to offer simplified payment services for everyone. Obtaining the approval in Singapore is a game-changer, solidifying our position as a leading cross-border payments powerhouse in one of the most significant financial markets globally. At TerraPay, our core values revolve around inclusion and innovation. We are inspired by Singapore's fintech journey, which aligns perfectly with our mission to improve lives and contribute to a dynamic, inclusive economy. The approval from MAS reinforces our commitment to excellence as we aim to become the most regulatory-approved payments company in the world." Backed by Prime, IFC, Partech Africa & Visa, TerraPay is enabling secure real-time global payment corridors across Asia, Africa, Europe, the Middle East, and the USA, and expanding rapidly in Latin America. In May 2023, TerraPay announced its Series B equity financing round, where it successfully raised more than $100 million for global expansion plans, enabling the company to strengthen its existing pay-out network, and expand its regulatory and compliance capabilities and infrastructure globally. About TerraPay Headquartered in the United Kingdom, TerraPay believes that the smallest payment deserves a borderless journey as safe as the largest. The group has been building an ever-expanding payments highway that empowers businesses to create transparent customer experiences with an uninterrupted, secure, and real-time global passage for every payment, however small or large. Registered and regulated across 28 global markets, TerraPay is one of the leading global partners to banks, mobile wallets, money transfer operators, merchants, and financial institutions, creating a more expansive and inclusive international financial ecosystem. With its vast network of 7.5Bn+ bank accounts, 2.1Bn+ mobile wallets, across 120 receive countries and 208 send countries, TerraPay enables its partners to drive global financial inclusion at scale.

Read More

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Spotlight

Moneris Go POS Restaurant - Kitchen Printer Setup

Let’s set up your kitchen printer so that orders will get printed automatically for your kitchen staff.
As Canada's leading payment provider, we're boldly re-imagining unified commerce. Working with us means connecting your passion with a community to discover your purpose. Every day, we empower our team members to redefine what's possible in making an impact, creating growth opportunities, and making connections with our customers and each other.

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