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IndustryUpdate





                                                                  Payroc's stated goal is to continue to invest in its employ-
                                                                  ees so they can learn and grow as professionals and have
                                                                  the resources they need to provide a differentiated level
                                                                  of support to their customers. "It is our honor to recog-
                                                                  nize Payroc as they are leading by example and making
                                                                  real progress on improving the daily lives of so many,"
                                                                  said Maria Jimenez, chief nominations officer at BIG.

                                                                  Star Financial unveils ATM merchant services
                                                                  Star Financial Services Inc. reported it now offers mer-
                                                                  chant services programs designed for ATM deployers.
                                                                  In addition to new revenue streams through credit card
                                                                  processing and cash discounting services, the program
                                                                  also includes in-depth online and one-on-one training on
                                                                  business models and sales strategies for increasing rev-
                                                                  enue through a dedicated, on-staff trainer, Star Financial
                                                                  noted.

                                                                  Star CEO Yonas Marcos added that the training program
        ANNOUNCEMENTS                                             will help independent ATM deployers "understand the
                                                                  business benefits and revenue opportunities and teach
          BHMI, Payshop honored in PayTech Awards                 them how to sell the various programs we offer and, if
                                                                  necessary, close the sale on their behalf."
          BHMI, creator of the Concourse Financial Software
          Suite, and Payshop, a subsidiary of Banco CTT, received   The Payments Association heralds PAY360 finalists
          the Editor's Choice Award at the July 1, 2022, PayTech
          Awards  ceremony.  Produced  and  hosted  by  FinTech   The  Payments  Association,  which  highlights  innova-
          Futures, the awards aim to recognize innovation in the   tion and collaboration across the payments industry,
          finance and payment industries worldwide, celebrating   revealed the finalists for its 15th annual PAY360 Awards.
          the leaders and solutions that help drive it.           All 106 finalists demonstrated examples of the highest
                                                                  quality across some of the most important areas of pay-
          The two companies were also finalists for the program's   ments, including financial inclusion, open banking and
          PayTech Team of the Year, which lauds teams exhibiting   mobile payments, the association stated.
          exceptional teamwork and collaborative spirit in pro-
          ducing outstanding results.                             The PAY360  Awards were established to recognize
                                                                  companies that have made significant advances in how
          Chargebacks911 achieves platform milestone              people transact today. Winners will be celebrated in an
                                                                  Oct. 5, 2022, ceremony. For details, visit thepaymentsas-
          Dispute technology specialist Chargebacks911 achieved   sociation.org.
          1,000 integrated data connections and ingestible file
          types through its automated plug-in-and-play platform.   RESEARCH


          Chargebacks911 stated that it serves over 30 industry   Bluehost global survey highlights SMB digitization
          verticals spanning across 87 countries, with locations
          in the United States, Europe and  Asia, and now sup-    Bluehost, a web hosting provider, released its third annu-
          ports over 1,000 merchant data sources that reach       al  Small and  Medium Businesses  study, which assessed
          across multiple channels, with segments in CRMs, order   sentiments about digital adoption for business promo-
          management systems, shipping and fulfillment applica-   tion and growth.
          tions, customer service solutions, gateways, fraud filters,
          financial institutions, payment facilitators, and more.  This year's subjects included SMBs in the United States,
                                                                  India,  Australia and New Zealand. Given high infla-
          Payroc lauded for customer service excellence           tion,  only  15  percent  of  respondents  in  the  United
                                                                  States showed a positive outlook about their country's
          Business Intelligence Group gave Payroc WorldAccess     economy, researchers found, but sentiments were more
          LLC a 2022 Excellence in Customer Service  Award.       positive in Australia and New Zealand, where 33 per-
          Payroc attained a 97.87 percent customer satisfaction   cent expressed a positive outlook. In India, 69 percent of
          rate due to incredible enhancements made over the past   respondents were positive about their country's econo-
          year, BIG noted.                                        my in the next year.


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