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IndustryUpdate

Past year-over-year increases in Amazon Prime Day universal payments orchestration platform, NETePay
debit purchases within the Co-op portfolio have been as Hosted, a multiprocessor gateway that consolidates pay-
high as 271 percent, a result experienced in 2020 when ments, tokens and data across brick-and-mortar, ecom-
COVID stimulus funds and pre-holiday timing sparked merce, mobile and unattended environments.
unprecedented volume, Co-op stated. Amazon Prime
Day 2020 also took place on Oct. 13 and 14 versus the Technology partners can now offer a variety of Android-
more typical summer months. based PAX hardware solutions that plug and play with
Datacap's payments platform, they added.
EU etailers opening physical stores, Tribe finds
Movius, Theta Lake empower AI compliance
A new report from Tribe Payments revealed that 40 per-
cent of ecommerce businesses in Europe plan to open a Mobile communication company Movius and Theta
physical store in the next three years. The report, which Lake, a provider of communication compliance and
surveyed online and multichannel merchants across security solutions, partnered to enable highly regu-
Germany, Lithuania, Spain, the Netherlands and the lated industries to efficiently scale secure and compliant
UK, also found the majority of merchants believe shop- mobile communications to improve business productiv-
pers increasingly seek a better customer experience (84 ity. "Our partnership with Theta Lake brings the best of
percent), cross-border shopping (81 percent), payment both companies' technologies together to create a win-
using multiple device types (80 percent) and greater ning communication and compliance solution for lead-
personalization (79 percent). ing financial institutions around the world," said Ananth
Siva, CEO at Movius.
Fifty percent of respondents said they struggle to com-
pete with larger chains that offer an innovative customer Movius and Theta Lake together provide mobile voice
experience at checkout; 46 percent indicated regulatory and messaging tools with integrated compliance capture,
compliance is a challenge; 46 percent struggle to navi- archiving, and surveillance in a unified, non-disruptive
gate trends such as BNPL, multicurrency and contact- solution that covers voice and electronic communica-
less; and reducing fraud is a challenge for 27 percent, tions together, the partners noted.
particularly ecommerce merchants, researchers noted.
Ovvi picks Factor4 as gift card provider
PARTNERSHIPS Factor4 LLC, a provider of gift card and loyalty solu-
tions, completed gift card integration with Ovvi, a devel-
Chargebacks911, CellPoint offer new solution oper of technology for the restaurant, hospitality and
retail industries. The integration allows Ovvi to offer a
Payments orchestration provider CellPoint Digital and best-in-class omnichannel gift card solution that enables
Chargebacks911 partnered to provide best-in-class merchants to seamlessly process gift card transactions
chargeback prevention, management and resolution to in-store, online and via mobile devices completely com-
CellPoint clients. Chargebacks911 reported that it man- patible with Ovvi's POS software and hardware solu-
ages over 2.4 billion transactions per month and benefits tions, the companies stated.
the entire value chain, delivering positive results for
merchants, acquirers and issuers. Dan Battista, Factor4 CEO, said that the restaurant and
retail verticals are "two of our strongest and this integra-
"We're incredibly excited to start working with tion enables us to extend another top POS option to our
Chargebacks911," said CellPoint Digital CEO Kristian customers in these verticals." Manan Mehta, Ovvi's CEO,
Gjerding. "Its global footprint and breakthrough tech- added that the multi-store management platform "gives
nology makes it the natural choice to be our exclusive Ovvi the tools to serve chain stores better."
partner in providing merchants with chargeback man-
agement solutions." Quantic, MagTek team up to enhance payments
Datacap, PAX devise attended, MagTek, a supplier of secure payment technology, and
unattended solutions Quantic, an omnichannel, processor-agnostic POS solu-
tion, reported that they integrated MagTek's iDynamo
Payment solutions provider PAX Technology Inc. part- 6, a secure card reader authenticator, with Quantic's
nered with Datacap, a hardware and processor-agnostic multichannel, cost-effective POS for restaurant and retail
omnichannel payments gateway in North America. merchants.

The companies stated they can now provide POS tech- "The MagTek iDynamo 6 offers a sleek form-factor, is
nology partners with a ready-to-install integration into ready for iOS and Android systems, integrates easily,
PAX's PxRetailer software, a turnkey integrated pay- accepts classic plastic and digital wallet transactions,
ment solution for any vertical, coupled with Datacap's and connects directly to the phone or tablet," said Vigyan

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