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IndustryUpdate
cash and manually entered transactions with omnipresent reporting. "This
will allow merchants to see their entire transaction history, both mobile and
online, in a single place," the company stated. The SDK also has surcharging
capabilities and is expected to shortly integrate RewardPay, Payroc's discount
pricing option.
Sound Payments offers recovery program
Sound Payments launched a nine-month recovery program to support part-
ners and businesses affected by COVID-19. The technology company is waiv-
ing fees for three months for new merchants added in May, June or July, as
well as an additional six months of fees reduced by 50 percent. "This has been
a challenging time for so many, and it makes sense to do everything we can to
ANNOUNCEMENTS help make businesses successful," said Walter Allen, national sales manager
for Sound POS.
AmEx rolls out resources
during COVID-19 RESEARCH
American Express Co. created a reg- Built In lists fintechs to watch
ularly updated resource webpage to
aid merchants during the pandemic. Built In, an online hub for the tech market, published "39 fintech companies
The landing page – titled "Support and startups to keep in your back pocket," a report by Alyssa Schroer that
and Resources for Merchants in provides an overview of 39 companies that are "revolutionizing the fintech
Response to Coronavirus (COVID- space." Several, Billtrust, Gravity Payments, OnDeck and Venmo, are familiar
19)" – contains information and names in payments. Others are lesser know. For the complete list, visit https://
related links on the company's pol- bit.ly/2WTQcew.
icy changes, business trends and
tools, services and offers, support
for small businesses, government
resources and more. For details,
please visit https://amex.co/3fNbL92.
NAB enhances sales
partner program
North American Bancard LLC took
significant steps to help agents
and merchants navigate these
challenging times. With the lat-
est release of its proprietary pay-
ments app, NAB's full lineup of
Payanywhere Smart Solutions
(the Smart Terminal, Smart Flex,
and Smart Point of Sale, with two
new solutions coming soon) offers
lightning-fast EMV transactions, all
while providing critical solutions
to enable curbside, NFC contact-
less checkout, and online ordering,
NAB stated, noting it also upgraded
its Peak Bonus program.
Payroc introduces new SDK
Payroc created a new software
development kit (SDK) so business-
es can implement a semi-integrat-
ed certified EMV solution directly
into their own mobile application
to accept EMV, card swipes, ACH,
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