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IndustryUpdate

Mercator demystifies debit and prepaid management processes. AvidXchange and GCPay.com
stated they will deliver clients a best-in-class payment
A new Mercator Advisory Group report titled A Rose by automation solution that will enable construction pro-
Any Other Name: What's the Difference Between Debit and fessionals to process conditional payments, such as those
Prepaid? analyzes factors for financial services providers with a "lien waiver," and issue electronic payments to
to consider when deciding on an account structure for subcontractors.
new products. The report covers the differences between
debit and prepaid account types, key factors and tools B2B Gateway, DM Fulfillment join forces
to consider when designing a new product, marketing
and regulations, and the development of a comparative B2BGateway partnered with DM Fulfillment to provide
balance sheet. integrated electronic data exchange communications
and fulfillment support to omnichannel distributors
NACHA reports on same-day ACH and merchants. The two companies said they will sup-
port a joint communication hub, CommerceHub, where
NACHA – The Electronic Payments Association noted orders, shipping notices and tracking information will
that its recent survey shows same-day automated clear- be exchanged between retailers, distributors/merchants
ing house (ACH) usage is expected to grow in 2017. and DM Fulfillment.
Twenty-three financial institutions participated in the
survey during December 2016 and January 2017. Ninety Chase Pay aligns with HMSHost, Parkmobile
percent of respondents indicated the volume of origi-
nation services was the same or higher than expected, JPMorgan Chase & Co. reported that customers of
and 83 percent indicated the volume received was the HMSHost and Parkmobile LLC will soon be able to
same or higher. Results also found the solution is being use Chase Pay while on-the-go. HMSHost operates
implemented by businesses of all sizes, it is being used nearly 2,000 restaurant locations in more than 80 North
for a variety of purposes and there have been no fraud American airports and 99 motorway service centers.
increases experienced by FI respondents since its imple- Starting in the second quarter of 2017, HMSHost loca-
mentation. tions will begin processing transactions on the ChaseNet
platform, and Parkmobile customers will also soon be
NRF, Forrester study retail metrics able to use Chase Pay for on-demand and prepaid park-
ing on the street, at garages, airports and events across
According to The State of Retailing Online 2017: Key Metrics, the United States, the partners stated.
Business Objectives and Mobile, which was released by
the National Retail Federation's Shop.org division and Fidelity selects PAX
Forrester Research Inc., retailers are focusing on sev-
eral key areas to enhance customer experiences across Fidelity Payment Services established a strategic part-
all touchpoints. Forty-five percent of respondents said nership with PAX Technology Ltd. as its preferred pro-
mobile initiatives transformed their overall digital cus- vider of EMV terminals and PIN pads. Fidelity said it
tomer experience; customer service topped the list of has been a strong advocate of PAX's products and was
new initiatives retailers plan to invest in over the next a key player in PAX's entry to the U.S. market in 2011.
year. "PAX consistently delivers devices that provide simplic-
ity and efficiency for even the most novice of users,"
PARTNERSHIPS said Johany Hernandez, Technical Support Specialist at
Fidelity. "Their simple interface is one that merchants
find to be intuitive. They are also competitively priced
Apriva teams with Parlevel for merchants of all sizes. Not only are they economical,
but we have found them to be of the highest quality and
Apriva and Parlevel Systems joined to enhance Parlevel's durability."
one-stop-shop solution for vending operators through
the support of campus cards. In the partnership, Parlevel iPayment, Company.com team up
will deliver hardware, equipment financing, flexible
payment processing, campus processing and analytics iPayment, Inc., a provider of payment and processing
tools. Apriva's gateway platform will provide the oppor- solutions for small to midsize businesses (SMBs), report-
tunity to widely accept campus card payments, expand ed that it formed a partnership with Company.com, a
shared revenue and create a seamless shopping experi- cloud solution provider of enterprise quality operational
ence, the partners said. resources designed to help SMB owners launch, run and
grow their businesses. In addition to free email and a free
AvidXchange aligns with GCPay.com website package (hosting, domain and website builder/
templates included), Company.com's suite also features
AvidXchange partnered with GCPay.com, a construction tools for team collaboration, hiring, local presence and
industry online platform for automating subcontract

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