ProPay® Launches the ProPay Payment Network at SaaStr
February 06 2018 - 10:30AM
Business Wire
SaaStr Annual 2018 will be held Feb. 6 – 8 in
San Francisco, Calif.
ProPay®, a TSYS® company, today announced the launch of the
ProPay Payment Network at SaaStr, an event that comprises thousands
of SaaS global decision makers. The Payment Network is a robust
suite of services that enables SaaS platforms to facilitate the
movement of money globally between merchants, marketplaces,
affiliates, consultants and partners with a single point of
integration. The ProPay Payment Network allows platforms complete
flexibility in how they fund their sub merchants. Platforms can
also modify the Payment Network to fit their business.
“We are thrilled to introduce the ProPay Payment Network to the
SaaS community,” explains Dave Duncan, President of ProPay. “Now by
leveraging ProPay’s Payment Network, SaaS platforms can create
sophisticated payment ecosystems that support their unique payment
strategies.”
The ProPay Payment Network provides many benefits,
including:
- PCI compliant payment processing
designed for SaaS platforms and payment facilitators
- Affiliates get paid how they
prefer—global EFT, wire or debit or prepaid card
- Handles corporate commissions funding
and real-time or expedited transfers
- Customized branding and web portal with
white label option (multiple languages)
- Improves shopping experience, giving
customers the ability to pay for goods in their preferred
currency
- Transfer money to vendors or suppliers
in real time, as soon as a transaction is made
- Available in 130 currencies across 180
countries
“The ProPay Payment Network helps platforms and merchants
capitalize on the movement of funds amongst participants,” says
Mike Cottrell, Senior Vice President of ProPay. “You work with one
company to bring funds into the platform through our acquiring
processing; then using a set of sophisticated API’s, we enable our
partners to disburse funds to the appropriate party. We’ve been
facilitating payments for decades, and these enhancements further
our leadership in this space. “
About ProPay
Since 1997, ProPay has provided simple, secure and affordable
payment solutions for organizations ranging from small, home-based
entrepreneurships to multi-billion-dollar enterprises requiring
complex payment solutions. ProPay’s ProtectPay®platform
provides software integrators, payment facilitators and SaaS
providers with all the tools necessary to easily implement payment
processing. As a leading provider of complete end-to-end payment
security solutions, ProPay helps reduce the client organization’s
risk of sensitive payment data compromise. ProPay is a wholly owned
subsidiary of TSYS (NYSE: TSS) and is a leader in payment data
security. For information, visit www.propay.com or call
888.227.9856.
About TSYS
TSYS® (NYSE: TSS) is a leading global payments provider,
offering seamless, secure and innovative solutions across the
payments spectrum — from issuer processing and merchant acquiring
to prepaid program management. We succeed because we put people,
and their needs, at the heart of every decision. It’s an approach
we call ‘People-Centered Payments®’.
Our headquarters are located in Columbus, Ga., U.S.A., with
approximately 11,800 team members and local offices spread across
13 countries. TSYS generated revenue of $4.9 billion in 2017, while
processing more than 27.8 billion transactions. We are a member of
The Civic 50 and were named one of the 2017 World's Most Ethical
Companies by Ethisphere magazine. TSYS is a member of the S&P
500 and routinely posts all important information on its website.
For more, visit tsys.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180206005945/en/
TSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorProPayScott Nelson,
+1-801-341-5660scott.nelson@propay.com
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