Payments Powering Platforms Tracker™ MAY 2017

Can An ‘Agnostic’ Platform Help eCommerce Merchants Make It?

How Bigcommerce processes Platform payment processor Find the top providers in our payments for the some of Ayden reports nearly 100 percent Tracker Scorecard – p. 15 the world’s biggest, and smallest, growth in 2016 – p. 10 online stores – p. 6 (News and Trends) (Feature Story)

PAGE What’s Inside A look at the quickly evolving platform ecosystem and headlines on new payment-powered platforms entering the space. Also, insight on payment 03 processing from Richard Aberman, chief strategy officer and co-founder of WePay.

PAGE Feature Story Bigcommerce VP of Product and Brand Marketing Leo Castro discusses 06 helping merchants and platforms, big and small, accept payments.

PAGE News and Trends 10 The latest headlines from around the Payments Powering Platforms space.

PAGE Methodology | Top Ten Rankings Best of the bunch 13 Who’s on top and how they got there.

PAGE Scorecard The results are in 15 See who the top providers are.

PAGE About 41 Information about PYMNTS.com and WePay.

Acknowledgment Sponsorship for the Payments Powering Platforms Tracker™ was provided by WePay. WePay has no editorial influence over the Tracker’s content. In addition, the methodology for Tracker supplier rankings was developed exclusively by the PYMNTS.com research and analytics team. The methodology, scoring and rankings are done exclusively by this team and without input or influence from the sponsoring organization.

It’s a good time to be a platform payment processor.

With more millennials and modern consumers accessing platform services for everything from Executive Insight streaming a movie to grabbing a ride, platform- based merchants are collecting more revenue than What are the most important things ever before — and, the companies powering these payment processors can offer eCommerce platform payments are reaping the benefits. platforms and how can new merchants choose the right eCommerce platform? Adyen, the company processing payments for massively popular platforms like ride-sharing “There are two important things for payments processors to think about. service Uber and entertainment disrupter Netflix, recently posted its revenue figures for the past year First, from a pure payments perspective, every and reported that profits nearly doubled, with an business needs to accept payments. This part is 80 percent increase in the number of transactions commoditized. Since expectations from SMBs are high, some traditional processors won’t be able processed. to keep up. The more modern companies will offer table stakes features faster, and with more With much of that growth fueled by an increase flexibility. In this category payment processors need in North American customers for Adyen, it should to be concerned with being at parity on the basics come as no surprise then that others are looking like payments methods and geography. to get a slice of the payment processing pie. Over The second dimension is having great APIs and the course of the past month, several companies a strong enablement strategy as a core part of debuted new payment-powered platforms, offering integrating payments for platforms. platform payment processing services and features. Choosing the right eCommerce platform comes down to what vertical you are operating in. There is Here’s a quick snapshot of some notable news a core piece of software every business will use to from the past month: manage their business. If you are a plumber, you are a field service worker, you need to schedule visits, Software-as-a-service firm Dwolla and financial you might need to do some marketing automation, software provider Plaid recently announced a new etc. You now know what kind of workflows and partnership designed to facilitate large transfers functions your software needs to support and can find the top few products that provide these by tokenizing sensitive financial data transferred workflows and are most tailored to your business.” via the ACH network. According to a release, the pair will work to increase data availability in order Richard Aberman to make transfer approvals on the ACH Network, chief strategy officer and co-founder, WePay which is currently used to move more than $70 billion annually easier and safer.

Similarly, Square recently announced new additions to the platform’s engineering team, as it spent roughly $3 million to hire the engineers behind the once popular social networking site Yik Yak.

The move, designed to boost the company’s For this month’s Payments Powering Platforms user experience, is the latest in a recent line Tracker™ feature story, PYMNTS caught up with of acquisitions from the Jack Dorsey–founded Leo Castro, VP at Bigcommerce, to talk about how company, which has made several purchases since his team works to serve the needs of international it first made an acquisition splash in 2014 with the merchants like Camelbak and Gibson, along with purchase of food-delivery startup Caviar. smaller, independent and niche merchants, to deliver platform payment performance. Meanwhile, payment processor Payza is hoping an international expansion can mean more revenue. Castro told PYMNTS that he and his team work to The company has announced it will debut services make the Bigcommerce platform as “agnostic” as in Mexico and expand its existing offering in China possible and able to work with different solutions, in order to take advantage of eCommerce growth environments and features to give merchants of all rates in the two nations, which are both currently sizes a platform to sell goods online. outpacing global growth averages. The May Payments Powering Platform Tracker Big (or small) commerce Updates Whether it be multinational companies shipping This month’s edition of the Tracker features profiles around the world or small eCommerce startups and scores for 51 providers, including eight new looking to get paid efficiently, finding a platform additions: Cayan, eMoney, Flagship Merchant to support online payments is crucial for modern Services, GlobalOnePay, Payclix, Payment Express, merchants. Sagepay and Skrill.

31 percent of global consumers regularly make purchases via 01 an mobile platform.

Mobile platform transactions are expected to increase by 74 02 percent over the next three years.

42 percent of millennials limit their mobile transactions 03 because of security concerns.

For every second of delay at checkout, conversion 04 drops 7 percent.

68 percent of online platform transactions are abandoned 05 before checkout.

Feature Story

Payments Powering Platforms Tracker™ © 2017 PYMNTS.com all rights reserved May 2017 | 6 FEATURE STORY “The theme here is trying to make a very robust platform by allowing folks to go in and configure and customize the different parts they need or want to...”

LEO CASTRO Vice President of Bigcommerce

onsumers have more options than ever eCommerce or social sales site, turning them when it comes to shopping for the right into customers and, perhaps most importantly, product or solution online. While that may helping merchants accept payments, thus allowing Cmean there are more avenues for merchants to sell consumers to complete the checkout process, their goods, it also makes it harder for companies finalizing transactions quickly and simply. To to get their message in front of the right buyer. execute, flexibility has been a key focus.

Instead of convincing a customer to choose their In a recent interview, Castro told PYMNTS that his products over those offered by another retailer team has worked to keep the platform “agnostic,” or two, merchants must now compete with with the ability to work with a range of payment everyone from traditional brick-and-mortar stores types, integrations, tools and merchants. to eCommerce warehouses like Amazon to other online and mobile shopping destinations. We want to give our merchants and their customers choice And even if a business can find a way to break over how they want to conduct through the noise, it can be difficult for a company transactions, no matter what to create a path to purchase, let alone a repeat that method is. customer. To add to that marketing enigma— if a merchant does make it down the conversion path, if the payment process is complicated, consumers may still abandon the transaction all together. Turning traffic into transactions The first step for any online retailer, Castro said, is All in all, finding success as an online merchant driving awareness, and ultimately, consumer traffic today is complicated business. It’s a problem that to a company’s store and products. Leo Castro, vice president of the online sales platform Bigcommerce, is all too familiar with. His To do that, Castro and the team at Bigcommerce team works to drive consumers to a merchant’s work with features like SEO tools, helping to direct

customers searching for a specific product to a company’s site, and listing products on shopping comparison sites like Google Shopping. Under the Hood

But while making sure more consumers actually see products is an important first step, it’s far from Shopping carts sure have changed, from physical the whole story. Castro said that to turn a potential metal carts that consumers to the digital customer into a paying customer, a company also storehouses of a customer’s wish list. But how needs the right conversion tools, and to make the can companies make sure customers are buying purchase as simple as possible for the consumer. the items in their carts, rather than abandoning In that vein, Castro said Bigcommerce offers a them in a digital parking lot? In a recent interview streamlined shopping cart and checkout process with PYMNTS, Leo Castro, vice president at that, he noted, can help lower abandoned cart rates Bigcommerce, discussed how the eCommerce by 15 percent and improve conversion rates by 12 platform works to optimize their merchants’ percent. shopping carts.

“The way we think about it is a funnel approach. “Our shopping cart is really built around the At the top end of the funnel, consumers and principle of configurability. We’ve done a lot of shoppers are doing Google and other searches work to allow merchants to take the shopping cart to find goods, so we make sure it’s optimized for experience and customize it for their own purposes, that,” he explained. “But once a shopper lands on things like the addition of a company’s logo or branding and their color scheme so the shopping the merchant’s site, we also need to have the tools cart and checkout experience matches the overall to make that experience phenomenal and one they brand and feel of the site. want to purchase from and return to.” But it’s also able to configured not just to how a To keep the shopping and checkout process simple merchant wants it to look, but also how a merchant for consumers, Bigcommerce also emphasizes an wants to use it. So for example, if they want to open approach to payment acceptance. plug in their own email service to do their own The company’s platform allows consumers to pay customized cart abandonment, we allow that, and with as many options as possible, including mobile we also have a native cart abandonment email wallets, traditional debit and credit cards, and other marketing structure that they can use if they don’t have their own. methods like PayPal OneTouch, which are designed to convert more customers by allowing them to So the theme here is trying to make a very robust complete checkout with just one click. platform by allowing folks to go in and configure and customize the different parts they need or want to Castro’s team has also worked to partner with so they can find a way to meet their specific business as many payment providers as possible, helping needs.” merchants simplify payments for their consumers.

“We partner with a wide variety of other folks in the payment space because we know that we aren’t necessarily the experts in payments, but we want to

work with the folks that are,” he said. “We want to software from companies like HubSpot and Google, give our merchants and their customers choice over along with a range of consumer experience features how they want to conduct transactions, no matter and shipping app integrations. what that method is. For smaller merchants, we provide default payment processing options that we Bigcommerce has also opened some of its software think are best for them, but we really want to be a and data features to its clients via APIs, allowing Switzerland in the payment space and work with as merchants to modify different layers of their many different providers as possible.” websites, including customer log-in, shopping cart and catalog functions.

Because eCommerce merchants must balance We recognize we need to keep so many different tasks, including logistics, the platform open and accessible shipping, and billing, it’s crucial for platforms like to app developers or other people Bigcommerce to offer features allowing merchants who want to be able to plug in their own or additional systems. to simplify their operations, Castro noted. “We recognize we need to keep the platform open and accessible to app developers or other Apps and APIs people who want to be able to plug in their own or additional systems,” he said. “Our focus from As with payment acceptance, Castro said that the product side is to enable as many different Bigcommerce also keeps that same invite-everyone- integrations and APIs as possible so merchants can to-the-party mindset when working with app and have as much control as possible over their user API integrations. experience.”

To provide merchant clients with as many tools as Bigcommerce’s big takeaway? With more retail possible for online success, Bigcommerce’s platform options at consumers’ fingertips than ever, finding is designed to work with as many app and API eCommerce success in this modern age may well integrations as possible, Castro said. The company depend on giving consumers and merchants alike as currently offers email marketing automation much control over transactions as possible.

Expanding enterprises and coverage of the biggest IT companies in Silicon Valley and be run by Susan Fowler, an engineer who Payza brings eCommerce platform to Mexico attracted attention for whistleblowing on sexism and Online payment provider Payza is heading to Mexico. sexual harassment at Uber. The company recently announced that it will debut its eCommerce platform in Mexico and begin to use the Mexican peso as an available currency on the platform. The company also added a new feature to the platform to coincide with the Mexican expansion, which allows users to add to their Payza accounts by using a voucher to pay with cash at more than 15,000 convenience stores across Mexico. In a release announcing the expansion, Payza executives said the decision to make the Mexico move was motivated in part by the country’s quickly growing eCommerce market, which is outpacing the global average growth by nearly double. Acquiring and aligning And Mexico isn’t the only market hosting a Payza Square acquires Yik Yak engineering team debut, as the company also recently expanded services in China. In an announcement at the end of April, the Square is spending. The company recently spent roughly company said that members in China can now load their $3 million to acquire the engineering team behind the Payza eWallets using a range of options popular with once-popular anonymous social network Yik Yak to help Chinese consumers, who, like consumers in Mexico, are bolster the company’s user experience, according to increasingly flocking to eCommerce platforms. In a press reports. It’s the latest in a recent line of acquisitions release, Payza said that while it has offered basic services from the Jack Dorsey–founded company, which has in China for nearly five years, this is the first of several made several purchases since it first garnered acquisition targeted initiatives being developed by the company to headlines in 2014 with the purchase of food-delivery support the country’s growing eCommerce landscape. startup Caviar. The purchase also marks another Chinese Yuan Renminbi deposits are processed within milestone on the decline of social media platform Yik Yak, two business days for a 5 percent fee, said Payza, which debuted in 2013 and went on to raise roughly $75 noting these new deposit options aim to meet the daily million in funding by the end of the next year. The app’s eCommerce needs of shoppers in China. fortunes have taken a turn since, however, with the app falling out of Apple’s top 100 social networking sites. Stripe hopes new platform can become ‘New Yorker for geeks’ A partnership and a purchase for Vantiv Stripe is hoping a new marketing platform will boost its Payments are on tap at a Colorado credit union after reputation with some U.S.-based “geeks.” The company a partnership with Vantiv. The payment processing is turning to a new newsletter and content marketing platform recently announced that it was tapped by On platform in order to attract IT talent, with some reports Tap Credit Union, formerly known as Coors Credit Union, describing the new platform as the “New Yorker for to provide ATM and debit and credit card payment geeks.” According to reports, it will feature insider news processing services, fraud and loyalty solutions, and

marketing to On Tap and its members, beginning this fall. the company that process payments for both of those On Tap executives said in a statement that the company platforms, the spoils are also going to the processor. The aligned itself with Vantiv due to its access to data, company announced recently that it saw revenue nearly marketing and technology, while Vantiv representatives double in 2016, with a total of $727 million last year. said the new partnership was designed to help showcase The company also announced it processed $90 billion Vantiv’s processing capabilities and fraud controls to in transactions in 2016, an 80 percent year-on-year rise. other credit unions and financial service providers. According to Adyen executives, the growth was fueled largely by higher transaction volumes in North America, Vantiv also turned to acquisition in order to add new specifically in the U.S. features to its platform. The company announced last month that it had inked a deal to acquire Paymetric, a portfolio company of Francisco Partners. Terms of the deal were not disclosed. In a press release, Vantiv said Paymetric will provide B2B payment workflow automation and payment data tokenization services to Vantiv customers. In a statement, Paymetric President and CEO Asif Ramji said that the merger would allow his team to “… accelerate the development of our advanced payments integration and security solutions.”

Dwolla, Plaid partner for ACH payment integration Vantiv finds boomers and millennials match on Dwolla and Plaid want to make large transfers less risky. mobile expectations The software-as-a-service firm and financial software From entertainment choices to how they spend their provider, respectively, recently announced a new money, there may not be much that baby boomers and partnership designed to facilitate large transfers by millennials agree on. But according to research from tokenizing sensitive financial data transferred via the Vantiv, the two groups largely agree on what they expect ACH network. According to a release, the pair will work from mobile platforms. According to Dusty Gomez, the to increase data availability in order to make transfer company’s SMB product leader, neither millennials nor approvals easier and safer. The integration comes during boomers want to wait in line, they don’t want payments what Plaid Co-Founder and CEO Zach Perret called “… acceptance to slow them down and they want loyalty an inflection point in the world of ACH payments,” which programs to be simple to understand. Perhaps more is plagued by security concerns despite being used to than anything else, both demos like their transactions to move more than $41 trillion annually. happen in the background without having to think about it. “The on-the-go lifestyle is being enabled across the Facts and figures board,” Gomez told PYMNTS.com’s Karen Webster in a recent interview. “There has been a shift in behavior, and Platform payment processor Adyen sees revenue as the technology evolves to support it, millennials and nearly double boomers alike are keeping up with that.” Online platforms like Netflix and Uber are bringing in more revenue than ever before, and in the case of Adyen,

Cash carries the day in Indonesia payment technology provider. In a press release, Bluefin said PayConex Plus offers a variety of solutions for Merchants may be marketing the many wonders of mobile, unattended, retail, mail/telephone order and mobile payment platforms, but in Indonesia, many international acceptance and is backed by multicurrency consumers aren’t having it. According to new industry processing and multilingual support capabilities. The research, cash on delivery was still the payment method platform features PCI-validated P2PE and EMV for used for more than 65 percent of digital purchases in both merchants and integrated point-of-sale providers, Indonesia in February 2017, while credit cards were including the GoChip SDK for EMV integration as well used to complete approximately 20 percent of online as Ingenico RBA Terminal Support. PayConex Plus also purchases and ATM or bank transfers were used for integrates to major shopping carts online, Bluefin said in nearly 14 percent. But that may be beginning to change. the press release. The platform is also PCI-certified and Researchers found that it’s likely most consumers in can support multi-lane retail, mobile and unattended Indonesia will skip the adoption of payment cards in environments. favor of digital payment services that can be accessed on smartphones, with projections showing smartphone users Compliance as core competency in Indonesia numbering 67.1 million in 2017 and growing to 92.1 million by 2020. For many companies, compliance is a way of life — or, at least, it should be, according to Karen Redwood, vice president of global payments at WePay. In a recent conversation with Karen Webster, Redwood said that the company is working to develop compliance into the company’s core competency. The goal, she said, is to have an easy onboarding experience, with the payments aspect remaining completely incidental. For WePay, that means finding out what information is needed from the merchant and what data the platform has that will help the firm make the best risk decisions seamlessly. Compliance chronicles Such data can be as simple as the merchant’s name, said Redwood, and, for example, cross-referencing to what Bluefin certified for EMV compliance is being said on that merchant’s Facebook page or the invoice that is being generated. “We are trying to pull Payment solution provider Bluefin Payment Systems all this information together so that we are applying our can add to its list of certifications. Earlier this month, risk tools accurately” at any point in the onboarding or the company announced the EMV certification of its payments processing or checkout activities, she said. PayConex Plus Payment Platform by First Data, a

The PYMNTS.com Payments Powering Platforms Tracker™ is designed to give an overview of the trends and activities across B2B industry payment platforms delivering on those services. Companies included in the Tracker Scorecard have been scored on five primary criteria:

Merchant Onboarding

How flexible and fast a platform’s user experience is, and whether it includes merchant underwriting.

Settlement/ Payment Payouts Processing

How fast a platform How fast processing is across different is, what channel and channels and payment types are payment types. accepted, and the area it covers. Payments Powering Platforms

Risk Enablement Management and Value Added and Compliance Whether a platform offers Whether a platform offers merchant/player support, security and compliance third party features and a services. dedicated point of contact.

The Top 20 rankings are the highest scoring companies in the Tracker’s Scorecard based on PYMNTS.com’s proprietary methodology. The methodology evaluates providers based on the speed, flexibility, processing, security, risk management, compliance, enablement and value added services offered.

01 92 02 91 03 83 04 81 05 78 06 77 New! 07 73 08 71

09 69 TIE 09 69 TIE

PYMNTS will periodically update scores based on new developments. If you would like your company to be considered for inclusion in the Tracker’s Scorecard or wish to have an existing listing reconsidered for an update, please head over to our profile submission/update page.

Settlement 0 Payment Payot 4 12 Processing

isk nalement Management ale dded 15 15 omliance

Company: Adyen Founded: 2006 Headquarters: Netherlands

Adyen is a technology company that aims to provide businesses with a single solution to accept payments anywhere in the world. The company offers an end-to-end infrastructure connecting merchants directly to Visa, Mastercard and 250 other payment methods globally.

34 Merchant noarding

Settlement 0 Payment Payot 4 2 Processing

isk nalement Management ale dded 18 10 omliance

Company: Auction Payment Network Founded: 2010 Headquarters: USA

Auction Payment Network (APN) is a provider of online payment processing solutions for online sellers. The company also offers invoicing, reporting and reconciliation services in a PCI-complaint environment.

Settlement 5 Payment Payot 10 8 Processing

isk nalement Management ale dded 15 5 omliance

Company: Authorize.Net Founded: 1996 Headquarters: USA

Authorize.Net is a payment gateway service provider allowing merchants to accept credit card and electronic check payments through their website and over an IP connection.

54 Merchant noarding

Settlement 12 Payment Payot 4 8 Processing

isk nalement Management ale dded 15 15 omliance

Company: Bluefin Payments Systems Founded : 2007 Headquarters: USA

Bluefin Payment Systems develops integrated, secure payment technologies for independent software vendors, large enterprises and small and medium-sized businesses. Also, it provides point-to-point encryption solutions.

Settlement 5 Payment Payot 4 10 Processing

isk nalement Management ale dded 25 25 omliance

Company: BluePay Founded: 2003 Headquarters: USA

BluePay provides credit card payment processing services for enterprises, small and medium-sized businesses in the United States and Canada. The company also offers real-time settlement, reporting, reconciliation and security features such as tokenization and point-to-point encryption.

34 Merchant noarding

Settlement 5 Payment Payot 9 6 Processing

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Company: BlueSnap Founded: 2002 Headquarters: USA

BlueSnap is a global payments technology company that aims to optimize global and mobile checkout and drives higher payment conversions. The company’s Powered Buy Platform is designed to boost growth for businesses.

Settlement 13 Payment Payot 7 9 Processing

isk nalement Management ale dded 25 15 omliance

Company: Braintree Founded: 2007 Headquarters: USA

Braintree provides the global commerce tools to build businesses, accept payments and enable commerce for their users.

58 Merchant noarding New!

Settlement 12 Payment Payot 9 11 Processing

isk nalement Management ale dded 15 11 omliance

Company: Cayan Founded: 1998 Headquarters: Boston, MA

Cayan is a provider of platform payment technologies. The company works to streamline the buying process by providing credit card payment acceptance solutions for small businesses.

Settlement 20 Payment Payot 4 6 Processing

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Company: Charity Checkout Founded: 2009 Headquarters: UK

Charity Checkout is a social enterprise that offers customized payment processing systems, websites and fundraising platforms for its clients across the U.K. The company has helped charities raise over £9 million in online donations.

32 Merchant noarding

Settlement 0 Payment Payot 9 8 Processing

isk nalement Management ale dded 0 15 omliance

Company: Chase Paymentech Founded: 1985 Headquarters: USA

Chase Paymentech offers payment processing, including both mobile payment processing and POS processing, along with authorization services, analytics, security features and others solutions.

58 Merchant noarding

Settlement 0 Payment Payot 4 9 Processing

isk nalement Management ale dded 25 20 omliance

Company: Clarus Merchant Services Founded: 1999 Headquarters: USA

Clarus Merchant Services is a payment processor that provides POS solutions, online payment processing and other services to companies, such as ERPs.

48 Merchant noarding

Settlement 8 Payment Payot 9 8 Processing

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Company: CyberSource Payment Management Founded: 2010 Headquarters: USA

CyberSource, a payment gateway and merchant services provider, focuses on the active management of the payment process, from payment acceptance and order screening through reconciliation and payment security.

Settlement 15 Payment Payot 10 5 Processing

isk nalement Management ale dded 18 6 omliance

Company: Dwolla Founded: 2010 Headquarters: USA

Dwolla provides a service for bank transfers (i.e., ACH transactions) for platforms. Customers can use branded or white-label APIs to verify bank accounts instantly, transfer payments, keep balances or route funds directly to bank account and routing numbers.

73 Merchant noarding

Settlement 13 Payment Payot 4 11 Processing

isk nalement Management ale dded 25 20 omliance

Company: Elavon Founded: 1991 Headquarters: USA

Elavon is a provider of payment processing solutions for large worldwide enterprises and locally owned small businesses. The company aims to deliver flexible and secure alternatives for their customers.

Settlement 5 Payment Payot 12 13 Processing

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Company: eMoney Founded: Unknown Headquarters: Ashburn, VA

ETS developed and maintains the eMoney Commerce Platform, an end-to-end encrypted solution. The platform processes face-to-face and back-office transactions, along with payment via eCommerce and mobile payment applications.

48 Merchant noarding

Settlement 5 Payment Payot 15 12 Processing

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Company: EVO Payments Founded: Unknown Headquarters: USA

EVO Payments International is a payments service provider of merchant acquiring and processing solutions. The company offers solutions for merchants, financial institutions, independent software vendors, independent sales organizations, government organizations and multinational corporations located throughout North America and Europe.

Settlement 12 Payment Payot 12 9 Processing

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Company: Flagship Founded: 2001 Headquarters: USA

Flagship Merchant Services offers a credit card processing platform. The company has partnered with several other service providers in the space and specializes in credit card fraud, loss prevention and chargebacks.

31 Merchant noarding

Settlement 8 Payment Payot 4 7 Processing

isk nalement Management ale dded 7 5 omliance

Company: Forte Payment Systems Founded: 1998 Headquarters: USA

Forte offers a multiplatform service as well as a payment gateway for nonpro t organizations, government, among others. The company also provides comprehensive reporting of security for all the transactions performed on their platform.

Settlement 12 Payment Payot 4 7 Processing

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Company: Freedom Pay Founded: 2000 Headquarters: USA

FreedomPay is a white-label eCommerce platform designed to provide cashless solutions for banks, retailers and health care organizations. The company complies with the PCI Security Standards Council since it offers NFC capabilities.

61 Merchant noarding New!

Settlement 12 Payment Payot 12 11 Processing

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Company: GlobalOnePay Founded: 2003 Headquarters: Plano, TX

GlobalOnePay® is a leading provider of omnichannel payment processing technologies and merchant platforms. The company’s modular, scalable, cloud-based offering works to enable businesses to grow accept a wide range of payments. GlobalOnePay also provides a range of merchant services designed to help businesses increase sales and efficiencies for online, in-store and mobile purchases.

Settlement 20 Payment Payot 9 6 Processing

isk nalement Management ale dded 15 5 omliance

Company: Golden Giving Founded: 2011 Headquarters: U.K.

Golden Giving is a donation and fundraising website that is free to use for charities, donors and fundraisers. The company supports domestic and overseas charities and causes. Organizations use the Golden Giving website to support, extend and enhance their own fundraising and donation platforms.

60 Merchant noarding

Settlement 12 Payment Payot 4 9 Processing

isk nalement Management ale dded 25 10 omliance

Company: Greater Giving Founded: 2002 Headquarters: USA

Greater Giving was born out of the desire of shortening benefit auction checkout lines. The company provides support with training classes, videos and resources, and ongoing phone, email and live chat coverage for its clients.

Settlement 20 Payment Payot 4 13 Processing

isk nalement Management ale dded 15 15 omliance

Company: Handpoint Founded: 2009 Headquarters: U.K.

Handpoint provides a payment solution as a service for POS, delivering pre-certified chip and contactless payments to POS developers, without the need of extra certifications. The company provides services in North America, Europe and South Africa.

68 Merchant noarding

Settlement 5 Payment Payot 10 13 Processing

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Company: Ingenico Founded: 1996 Headquarters: France

Ingenico Group provides payment services for in-store, online and mobile channels and serves financial institutions, retailers and merchants of all sizes.

Settlement 8 Payment Payot 15 12 Processing

isk nalement Management ale dded 8 6 omliance

Company: MagicPay Founded: 2010 Headquarters: USA

MagicPay offers credit card processing for all platform merchants. Services include mobile payment processing, retail solutions and a virtual payment gateway with recurring billing option for eCommerce merchants.

59 Merchant noarding 8 Settlement Payment Payot 9 9 Processing

isk nalement Management ale dded 18 15 omliance

Company: MagTek Founded: 1972 Headquarters: USA

MagTek is a manufacturer of electronic devices and systems for the issuance, reading, transmission and security of cards, checks, PINs and other identification documents. Its products include secure card readers, check scanners, PIN pads and distributed credential issuing systems. These products are used by financial institutions, retailers, hotels, law enforcement agencies and other organizations to provide electronic payment and identification transactions.

Settlement 12 Payment Payot 4 6 Processing

isk nalement Management ale dded 18 25 omliance

Company: MangoPay Founded: 2013 Headquarters: Luxembourg

MangoPay is a payments app developed for marketplaces, crowdfunding platforms and collaborative consumption platforms that can accept third-party payments.

53 Merchant noarding

Settlement 12 Payment Payot 4 4 Processing

isk nalement Management ale dded 8 25 omliance

Company: Max Pay Founded: 2014 Headquarters: Malta

MaxPay is an eCommerce platform intended to build marketplaces, online storefront and/or subscription services. It also provides anti-fraud security, which is customizable for any type of business.

Settlement 5 Payment Payot 15 12 Processing

isk nalement Management ale dded 18 11 omliance

Company: NAB Velocity Founded: Unknown Headquarters: USA

NAB Velocity aims to provide software developers and businesses with secure and customizable payment solutions. These solutions include credit and debit card processing, ACH processing, and gift/loyalty card programs from an ecosystem of payment service providers.

28 Merchant noarding

Settlement 5 Payment Payot 7 6 Processing

isk nalement Management ale dded 8 2 omliance

Company: Orbital Payment Gateway Founded: Unknown Headquarters: USA

OrbitalPay is an end-to-end payment solution. The solution is designed to help process payments across a wide range of industries.

Settlement 5 Payment Payot 9 10 Processing

isk nalement Management ale dded 15 8 omliance

Company: Payclix Founded: Unknown Headquarters: Florida, USA

Payclix is an online payment solution that provides a platform to invoice, collect and transfer payments online. It works to save merchants save time and money by allowing them to accept payments online or pay the suppliers remotely. Companies can receive payments via credit cards, debit cards and eCheck/ACH and pay suppliers, contractors, vendors and employees with a single click.

52 Merchant noarding

Settlement 13 Payment Payot 10 12 Processing

isk nalement Management ale dded 8 9 omliance

Company: Payline Data Founded: 2009 Headquarters: USA

Payline Data is a company powering payment experiences for buyers and sellers. The company offers POS systems that can accept mobile payments in-store.

Settlement 5 Payment Payot 12 7 Processing

isk nalement Management ale dded 15 7 omliance

Company: Payment Express Founded: 1997 Headquarters: Auckland, New Zealand

Payment Express is a payment processing platform that, in addition to payment processing services, also offers eCommerce features and vending/unattended solutions.

34 Merchant noarding

Settlement 8 Payment Payot 4 7 Processing

isk nalement Management ale dded 0 15 omliance

Company: Payoneer Founded: 2005 Headquarters: USA

Payoneer seeks to empower global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform.

Settlement 8 Payment Payot 4 11 Processing

isk nalement Management ale dded 17 25 omliance

Company: PayPal Founded: 1998 Headquarters: USA

PayPal provides a crowdfunding platform for multiple operations. The company’s scope varies from individual customer to nancial institutions. By using the PayPal platform, multiple users can interact among each other, sending money from their personal merchant account to different types of institutions, banks or B2B marketplaces.

78 Merchant noarding

Settlement 20 Payment Payot 7 11 Processing

isk nalement Management ale dded 25 15 omliance

Company: Paysafe Founded: 1997 Headquarters: Isle of Man

Paysafe delivers a suite of payments solutions. The company offers card issuing and acquiring, fraud, risk and compliance services, along with payment gateways to merchant accounts.

Settlement 20 Payment Payot 7 9 Processing

isk nalement Management ale dded 17 5 omliance

Company: PayStand Founded: 2013 Headquarters: USA

PayStand provides an eCommerce checkout system that enables any organization to receive money via their website, social network or web application without transaction costs. The company also offers a multipay- ment gateway that accept credit cards as well as eChecks and eCash.

56 Merchant noarding

Settlement 8 Payment Payot 7 8 Processing

isk nalement Management ale dded 8 25 omliance

Company: PayUmoney Founded: 2002 Headquarters: India

PayU Payments Private Limited provides online consumer payment processing services. It processes various payment options that include credit cards, debit cards, cash cards and mobile wallets, along with IVR payments and email invoicing.

Settlement 7 Payment Payot 18 8 Processing

isk nalement Management ale dded 25 25 omliance

Company: Payza Founded: 2012 Headquarters: UK

Payza is an eCommerce payment platform that facilitates transfer of funds and acceptance of payments and online payment transactions without the need for traditional banking services. Payza’s e-wallet software provides a platform for payments, remittances, eCommerce, prepaid debit cards, currency and exchange services. The company also offers a range of tools for bookkeeping, money management and payments.

77 Merchant noarding New!

Settlement 12 Payment Payot 18 13 Processing

isk nalement Management ale dded 25 9 omliance

Company: Sage Pay Founded: Unknown Headquarters: Madrid, Spain

Sage Pay is a payment solutions company. The company offers services such as online payments, face-to- face payments, phone payments and invoice payments.

Settlement 12 Payment Payot 9 8 Processing

isk nalement Management ale dded 15 10 omliance

Company: Skrill Founded: 2001 Headquarters: London, England

Skrill is an online payments and digital wallet platform. The company’s digital wallet allows customers to make online payments securely without revealing personal financial data and send and receive money using an email address.

62 Merchant noarding

Settlement 13 Payment Payot 4 7 Processing

isk nalement Management ale dded 18 20 omliance

Company: Spire Payment Solutions Founded: 2004 Headquarters: USA

Spire Payment Solutions provides PCI-compliant mobile payment solutions to nonprofit organizations across the the United States for fundraising events. The company also develops electronic payment solutions for financial and retail organizations in Europe and supplies a range of fixed terminals, portable and mobile payment terminals, and unattended terminals for integration with cash register systems and self-service kiosks.

Settlement 8 Payment Payot 13 10 Processing

isk nalement Management ale dded 25 25 omliance

Company: Square Founded: 2009 Headquarters: USA

Square provides a payment software and inventory tracking to small businesses. It also offers a crowdfunding feature called Square Cash, which facilitates the reception of money from customers and small enterprises. Additionally, the company offers an inventory service.

46 Merchant noarding

Settlement 8 Payment Payot 4 12 Processing

isk nalement Management ale dded 7 15 omliance

Company: Stripe Founded: 2010 Headquarters: USA

Stripe allows companies to accept payments in their online stores and mobile apps. Other products offered include Stripe Checkout, which, apart from credit and debit cards, also supports bitcoin and Alipay.

Settlement 5 Payment Payot 15 10 Processing

isk nalement Management ale dded 8 6 omliance

Company: TransFirst Founded: 2014 Headquarters: USA

TransFirst is the largest privately held processor in the U.S. not associated with a bank.

71 Merchant noarding

Settlement 13 Payment Payot 7 11 Processing

isk nalement Management ale dded 25 15 omliance

Company: Vantiv Founded: 1971 Headquarters: USA

Vantiv Integrated Payments works with software developers and technology service rms to integrate payments within both the front and back of point-of-sale systems and applications. The company specializes in payment acceptance, card issuing and processing, mobile payment technologies, fraud prevention and data security.

Settlement 5 Payment Payot 4 11 Processing

isk nalement Management ale dded 25 10 omliance

Company: Verifone Founded: 1981 Headquarters: USA

Verifone markets and services electronic payment solutions for consumers, merchants and financial institutions. Its product portfolio is comprised of contactless and countertop systems as well as electronic cash register and payment devices, PIN pads, POS systems, indoor and outdoor unattended payment solutions, wireless handheld payment devices, and POS receipt printers.

62 Merchant noarding

Settlement 13 Payment Payot 7 9 Processing

isk nalement Management ale dded 8 25 omliance

Company: Wells Fargo Founded: 1852 Headquarters: USA

Wells Fargo provides banking, insurance, investments, mortgage and consumer finance services across the United States and internationally. Since its foundation, the company has experienced some mergers and acquisitions, becoming by 2012 a bank with 9,000 retail branches, 12,000 ATMs in 39 states and the District of Columbia.

Settlement 20 Payment Payot 10 12 Processing

isk nalement Management ale dded 25 25 omliance

Company: WePay Founded: 2008 Headquarters: USA

WePay is a payments provider focused solely on meeting the needs of online platforms that need to settle money between their users. In addition, it provides an online marketplace or cloud software that facilitate payments from within their app. This includes not just credit card processing, but also solutions for managing fraud risk, regulatory compliance and customer support.

47 Merchant noarding

Settlement 8 Payment Payot 4 13 Processing

isk nalement Management ale dded 17 5 omliance

Company: Worldpay Founded: 1991 Headquarters: London

Worldpay’s payment processing solutions support 120 currencies, enabling merchant customers to accept an array of payments types, across multiple channels, worldwide.

Settlement 20 Payment Payot 18 13 Processing

isk nalement Management ale dded 15 25 omliance

Company: YapStone Founded: 1999 Headquarters: USA

YapStone is a global provider of online and mobile payment solutions for global marketplaces and large vertical markets.

Merchant noarding

Settlement Payment Payot Processing

isk nalement Management ale dded omliance

PYMNTS.com PYMNTS.com is where the best minds and the best content meet on the web to learn about “What’s Next” in payments and commerce. Our interactive platform is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of this dynamic sector and make news. Our data and analytics team includes economists, data scientists and industry analysts who work with companies to measure and quantify the innovation that is at the cutting edge of this new world.

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