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IndustryUpdate
efit from the layered security," said Dave Oder, CEO of outstanding senior unsecured notes in addition to all
Shift4. accrued and unpaid interest. AcquisitionCo acquired
common shares of DirectCash and subsequently amal-
Shopify, Amazon integrate gamated with DirectCash to continue as DirectCash
Payments ULC. The common shares will also be delisted
Shopify Inc. revealed that its merchants selling in U.S. from the Toronto Stock Exchange.
dollars are now able to add the Amazon Inc. sales
channel to their Shopify accounts. The integration is EVO purchases Sterling Payment
designed to seamlessly connect Shopify store owners
to the millions of customers searching for products on EVO Payments International LLC acquired Sterling
Amazon. Merchants can now conveniently manage their Payment Technologies. EVO said the acquisition enhanc-
product catalog for their ecommerce website, retail store, es its existing integrated payments offering and extends
Amazon store, and other sales channels all in one place, its distribution capabilities in the growing integrated
according to Shopify. payments space. Paul Hunter will continue managing
the Sterling team, which will be responsible for EVO's
Wix, Square integrate overall U.S. integrated solutions offerings and will oper-
ate under the Sterling brand.
Wix.com Ltd. revealed it integrated with Square Inc.
to give Wix merchants and entrepreneurs in North One Step Retail acquires JD Associates
America a new way to accept online and in-person
credit card payments. The partners stated this integra- One Step Data Inc. acquired the assets of Boston-based
tion improves payment processing and allows both Mander Inc., doing business as JD Associates. With the
online and in-person payments via mobile device-based acquisition, One Step Retail Solutions will add over 118
POS systems; they added that any online Wix store years of combined industry expertise, including former
can become a physical store instantly via the Wix App, JD Associates principal John Deery and other key per-
which automatically and fully syncs the POS with the sonnel. According to One Step, the added resources will
Wix online catalog and inventory. Wix also intends to both augment its New York presence and complement
expand the relationship across verticals, including Wix the company's core discipline of servicing the complex
Bookings, over the coming months. retail technology needs of Tier 3 and smaller retailers.
The company said it will maintain a physical presence,
"We know that for small businesses both ecommerce and as well as both sales and technical resources, in Boston.
mobile functionality are crucial," said David Schwartz,
Vice President of Ecommerce at Wix. "Today, Wix man- Avery Scott acquired by PAI
ages more than 305,000 ecommerce subscriptions glob-
ally. Now, by integrating the Wix App with the Square Payment Alliance International acquired Louisville-
POS, users can accept payments in any location." based ATM operator Avery Scott LLC. PAI noted that
the acquisition will add more than 400 ATM locations
World First, Shop.com team up throughout the Louisville-metropolitan area to PAI's
nationwide network. "We're joining forces with PAI
World First and Shop.com, a virtual marketplace that because both companies value each other's expertise,
sells over 50 million products in over 200 countries, reputation, dedication to customers, and commitment to
joined forces to make it easier for ecommerce retail- introducing new and innovative ATM processing solu-
ers to sell to overseas customers. World First will now tions," said Ron Fadel, CEO for Avery Scott.
provide exchange services in 140 currencies and 45
countries worldwide for Shop.com sellers, who will also APPOINTMENTS
have direct access to the benefits of World First's award-
winning customer support, the companies noted, add-
ing that the arrangement will provide Shop.com sellers Six leaders to join ETA Board
competitive rates on foreign currency exchange, as well The Electronic Transactions Association elected six new
as a suite of products designed to protect them from cur- directors to two-year terms of service on its Board. The
rency volatility.
ETA also released the names of its 2017 officers and
appointments to the Presidential Advisory Council of
ACQUISITIONS the organization's board. The six newly elected direc-
tors include Sarah Arvin, Senior Vice President, Chief
Cardtronics seals DirectCash deal Marketing and Product Officer at Worldpay; Eric Dunn,
CEO, Quicken Inc.; Eric Hoffman, Director of Internet
The DirectCash Payments Inc. acquisition by Cardtronics Software and Services, Apple Inc.; Kevin Jones, President
Holdings Ltd. under its AcquisitionCo subsidiary, is and CEO, Anovia Payments LLC; Chris Lee, President,
complete. DirectCash redeemed all of its issued and North American Strategic Partnerships and Emerging
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