Paul Tontodonati’s Post

Platform Advisory Partners advised Checkout.com on its sale of Pin Payments to Fat Zebra, having previously advised Pin Payments in its 2020 transaction.

🚀 A Strategic Move in the Payments Industry! 🌟 Celero Commerce, a Nashville-based payment processing leader, has acquired Sarasota-based Precision Payments, an electronic payment solutions provider for SMBs, in a move set to reshape the payments landscape. 🔗 Dive into the full story here: https://lnkd.in/d8Zb8C9z This strategic acquisition bolsters Celero's position as one of North America’s leading non-bank payment processors, increasing its annual card processing volume to over $28 billion and enhancing its presence in the multi-lane retail sector. A huge shoutout to Kevin Jones, CEO of Celero Commerce, and Joel King, CEO of Precision Payments, for driving this impactful initiative aimed at delivering innovative and high-touch solutions to small and mid-sized businesses across the region. Kudos to the teams at Celero Commerce and Precision Payments for working towards creating better-integrated services and empowering SMBs with cutting-edge payment solutions. Follow us for more updates on how technology continues to transform the financial services industry! #Fintech #PaymentsIndustry #CeleroCommerce #PrecisionPayments #Innovation #FinancialTechnology #BusinessGrowth

#IndependentSoftwareVendors (ISVs) and marketplaces now see payments as a potential revenue stream. Rainforest’s Payments-as-a-Service model helps ISVs grow revenue by embedding payments into their products, without taking on compliance risks or operational headaches. In this interview, Steven Leitman, Commercial Director at Payments Consulting Network, speaks with Joshua Silver, Founder and CEO of Rainforest, to explore how the company empowers platforms to monetise payments, the innovations on their roadmap and the trends shaping the future of payments. Read the full article to learn more about Rainforest’s commitment to helping software platforms unlock new revenue streams by embedding payments seamlessly. #paymentserviceproviders #embeddedpayments https://lnkd.in/gyKG-D2z

Mollie adds Riverty's BNPL payment method Netherlands-based financial service provider Mollie has partnered with BNPL company Riverty to add a flexible payment method for its customers. With Riverty, Mollie customers now have an additional option to pay afterwards, with a payment period of up to 30 days. The payment method helps to optimise onversion and further simplify the payment process. Riverty is available from today for Mollie customers in the Netherlands, Belgium, Germany, and Austria. Seamlessly integrated into Mollie Dashboard Thanks to this partnership, Mollie is once again expanding its range of BNPL payment methods. In total, Mollie now offers more than 30 different payment methods. Riverty's solution is seamlessly integrated with Mollie, allowing customers to activate it in their Mollie Dashboard with just a few clicks. Powering merchant growth Riverty offers increased financial security and credibility and prides itself with its merchant brand comes first approach. Its end-to-end BNPL service handles every aspect of the payment process—from payment selection to invoice acquisition to payment reminders and potential debt collection. The company offers extensive branding configurability at multiple consumer touchpoints, ensuring the merchant's brand remains front and centre. This unique approach enhances consumer loyalty and helps build a stronger, more recognisable brand presence. Executives from Mollie said Riverty is a recognised BNPL solution, and the company focuses particularly on the European market. At Mollie, they have the same focus, making their ambitions a good match. In 2023, they made great strides to further align their product offering with their customers' needs, with the launches of Mollie Terminal and Mollie Invoicing also being examples of this. By now adding Riverty as a payment method, ecommerce companies can offer their customers even more freedom in the payment process. In a reply, officials from Riverty said that joining forces with Mollie strengthens their commitment to helping their merchants to stay true to their brands while converting and retaining customers. They’re happy to be partnering with an ambitious and service minded fintech player such as Mollie to make this happen. Source The Paypers #fintech #payments #bnpl

What really excites me about Airwallex is what sets us apart from other PSPs. Yes Airwallex has the ability to accept payments, in an optimised, cost-efficient, fast and secure way ... but it's what we can enable once those payments have been accepted that matters. One example of the power of our treasury functionality is that, unlike other payment facilitators/ PSPs, merchants can settle transactions in their customer’s preferred currency and hold those earnings in their Airwallex wallet without being forced to convert or payout to external bank accounts, as is the case with other providers. This prevents unnecessary administration and cashflow issues but also often leads to additional FX fees that can eat away 1-2% of every dollar earned and leave significant dents in a merchant’s profits and bottom line. Excited by our recent expansion to the US... watch this space... many more to come.

Braintree is the OG amongst the "modern" cohort of PSPs in a lot of ways (one of which being they sold early, for better or worse, rather than stay independent) but they really don't get enough credit for the foresight they had in launching PAN forwarding so early. Big brain stuff. 🧠 Stripe of course got A LOT of attention earlier this year when they launched their Vault + Forward API at Sessions - though we've suspiciously heard very little from them about adoption and progress since then... 🤔 Then, just this week, Checkout.com unveiled their own Standalone Vault + Forward API (see here: https://lnkd.in/gkDh68RH) and one of the worst kept secrets in payments is that Adyen will soon launch theirs too. 🤫 Too bad it's a fools errand!! They all got the problem right but are each delivering the wrong solution, and it's because of who they are. The market has spoken and merchants now all know they need a vault to future-proof their business and ensure redundancy as well as optionality. However, what they really value is independence. And the genie is out of the bottle with agnostic vaults and tokenization platforms ( 👋 Basis Theory). Merchants simply DO NOT want to buy this critical service from their PSP. Sorry but this is one area where they prefer Switzerland. 🇨🇭

📣 Exciting news! We’re expanding our partnership with Adyen, which will bring our flexible payment options to more merchants and platforms across North America. Key features of the expanded partnership include:  🥇 Affirm will be the first Pay Later provider to support Adyen for Platforms. This enables peer-to-peer marketplaces and other platform businesses to offer Affirm’s pay-over-time plans at checkout.  🇨🇦 Adyen merchants in Canada will access Affirm’s monthly installments, in addition to the existing biweekly option. This gives their customers even more payment choice and flexibility. Here’s what our Chief Revenue Officer, Wayne Pommen, said about the partnership: "Deepening our partnership with Adyen — and continuing to build out an unparalleled network of payment partners – will further expand Affirm’s reach so that more consumers, merchants and platforms can benefit from our honest financial products.” Learn more here: https://lnkd.in/gwGC8hzu

Less that one month into work-life here Synchrony and I couldn’t be more thrilled with the experience. This collaboration marks a pivotal moment in Synchrony's journey towards digital transformation. By integrating Skipify's cutting-edge payment infrastructure with Synchrony Mastercard, we're revolutionizing the online checkout experience for our cardholders. This move not only streamlines the process but also enhances authorization rates, conversion, and security for our valued merchants. Moreover, this partnership underscores Synchrony's commitment to financially equitable access. By providing friction-free shopping experiences, we're ensuring that all consumers, regardless of their financial backgrounds, can enjoy seamless transactions and access to the products they need and love. But it's not just about convenience; it's about fostering growth and diversity within the communities we serve. Skipify's innovative technology empowers merchants to deliver exceptional user experiences, driving economic growth and promoting inclusivity. At Synchrony, we understand that a strong technology platform is the cornerstone of success in today's fintech landscape. Through strategic partnerships like this, we're not only staying ahead of the curve but also shaping the future of finance. Join us on our mission to innovate, collaborate, and transform the way people shop and pay online. Together, we're building a brighter, more connected future for all.

🤔 Are you hesitant on changing payment solution because it might be too complex or take too much time ? Gerrit Tebrake, founder the platform Tentary shares his experience integrating payments quickly and easily with Mollie Connect. 🔍 Learn more about how Mollie Connect can help you expand your e-commerce platform, via the link in the comments ⬇️