Brett Hudson

🌟 Qwist chronicles: the need-to-know of embedded finance 🌟 Presented by Marvin! This time, we explore sales financing. Sales financing lets customers pay for purchases over time via installment plans or deferred payments, offered by dealers, manufacturers, or lenders (often with fees/interest). Merchants and manufacturers act as intermediaries, while finance providers manage the backend, covering the cost and handling payments. Merchants boost sales, cart values, and customer loyalty while reducing purchase abandonment, while lenders expand their portfolios and gain market visibility. Consumers benefit from lower interest rates, compared to BNPL services like Klarna or PayPal, as products serve as collateral, lowering the lender’s risk. Fun fact: The concept of financing purchases dates back to ancient times and has evolved into a major financial tool in modern commerce! #Qwist #QwistChronicles #SalesFinancing #SmartSpending

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In a Banking Dive article, Mark Gould weighs in on the value of the FedNow® Service and popular use cases: https://lnkd.in/d7WPCEtz #payments #FedNow #instantpayments #paymentsindustry #FederalReserve

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TRANSFORM YOUR B2B PAYMENTS WITH VRDUSA VIRTUAL CARD SOLUTIONS! In today’s digital age, everyday payments have gone virtual, from e-commerce to tap-to-pay and person-to-person transactions. Yet, business-to-business payments have lagged behind, often bogged down by cumbersome wire transfers and paper checks. These methods are slow and error prone, Enter VRDUSA’s Virtual Card Solution! Businesses can now embrace virtual cards to streamline their operations with ease, security, and efficiency. Learn more by engaging the image below. | #DigitalPayments #VirtualCards #BusinessSolutions #vrdusa #commerce

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18 Best Practices For Navigating Microloan Lending #payments #fintech #paymentsolutions http://ow.ly/ZLCi30sCzOu

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Eric Owens is one of the very few OGs out there in the mobile app acquisition niche, and he sat down with us recently to chat about: 👉 Battling with Apple in the early days to help establish the app transfer process to help entrepreneurs get these deals done. 👉 Facilitating the first app deal using SBA financing. 👉 His thoughts on why it has been so difficult to obtain traditional funding (e.g., SBA loans, bank financing) in this space. 👉 What deal financing is currently available, what should be available, and his take on the unclaimed entrepreneurial opportunities that still exist to fill this funding gap. The app acquisition landscape has evolved from relying on personal wealth & unconventional funding sources in its early days to now offering SBA financing for $1M+ subscription-based app deals and commercial lending for larger transactions. Eric has been a big part of helping to facilitate that, & to help this M&A niche light up the way it has over the past few years. https://lnkd.in/eqratnud #mobileapp #mergersandacquisitions #biznexus #saas

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Macha, Inc. and PaymentsFirst, Inc. to Merge Combination Creates Dynamic Payment Association Macha, Inc. ("Macha") and PaymentsFirst, Inc. ("PFI") announced today that their respective Boards of Directors have approved a merger agreement under which the two payment associations will combine. Macha's wholly-owned subsidiary, Payment Advisory Resource ("PAR"), will continue to offer audit and consulting services under the combined payment association. "Our organizations have very similar cultures and approaches to education, advocacy, and member-oriented service, and this merger gives us the strength and resources to remain competitive going forward.," said Mary Gilmeister, President and CEO of Macha. Rich Leary, President and CEO of PFI added, "I am excited to partner PaymentsFirst’s, education, member services, proprietary audit and risk assessment software, and industry leading AI utilization with all the exceptional services Macha offers to their members." Gilmeister will serve as the CEO of the resulting entity, and Leary will serve as the President. Leary noted, "I’ve collaborated with Mary Gilmeister on many industry initiatives over the past 30 years and am truly looking forward to bringing our teams together to serve our combined members." Gilmeister observed that "Rich Leary and his team have built a legacy with PFI that makes it a perfect fit for Macha and we look forward to working together and carrying that forward." The merger is subject to approval by the members of both Macha and PFI in accordance with their respective bylaws. The votes are expected to occur in the 3rd quarter of 2024 with consummation to follow shortly thereafter. Reinhart Boerner Van Deuren s.c. served as Macha's legal advisor. Adams and Reese LLP served as PFI’s legal advisor. ### About Macha Macha was formed in 1975 and has more than 500 members. Macha, directly and through PAR, offers its members support on all payment systems, education, audit, risk and consulting services. www.macha.org. Contact Mary Gilmeister at (262) 345-1245 or [email protected]. About PFI PFI was formed in 2015 and has more than 650 members. PFI offers its members support on all payment systems, education, audit, risk, and consulting services. www.paymentsfirst.org. Contact Rich Leary at (678) 528-3234 or [email protected]. View the full press release here: https://lnkd.in/ec2g97Ak

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Education Partner Highlight: PIX Payments We’re excited to highlight PIX Payments, a trusted partner on a mission to simplify payment processing for businesses like yours. Retailers can rely on PIX for hassle-free solutions that eliminate the stress of reconciling multiple deposits, managing PCI compliance, and controlling processing fees. For wholesalers, PIX understands the importance of secure receivables and effective cash flow management, especially with extended payment terms. What sets PIX apart? Their personal approach. PIX builds close relationships by understanding your business and the challenges you face, ensuring payment processing is one less worry on your plate. With PIX, you’ll benefit from: ✔️ Competitive Fees ✔️ Clear Reporting ✔️ Caring Service Learn more about how PIX can help fuel your business success: 📧 KC Cook - [email protected] 🌐 pixpayments.com #StudyGroups #Better2gether #EducationPartner #PaymentSolutions #BusinessSuccess

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From standard retail POS setups to subscription CBD websites, we want to be your next great partner. Lean on the Argyle Payments team to drive growth in a wide variety of merchant verticals. #argylepayments #merchantservices #paymentprocessing #creditcardprocessing #cbd #hemp #affiliate #affiliatemarketing #pos #paymentsolutions #paymentprocessing #partner #agent #iso

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At one point in the past, Moov was incorrectly listed as a BaaS platform. To set the record straight, we don’t do BaaS. Legally we are a payment processor. Solution wise, we allow Vertical SaaS Platforms to integrate every US payments rail with one API. The problem we solve: Many vertical SaaS softwares, for example, the ones used to run gyms, healthcare companies, or service businesses, may track billions of dollars on payments being reconciled into their business management software via open banking integrations. Yet that payment revenue is going to other companies like Square, Stripe, BILL, etc… We make it simple for that platform to offer payments natively within their platform and monetize them. No payment expertise or infrastructure build is required.

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Some very interesting trends here. In a nutshell, accelerating adoption of cashless and touchless payments!

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