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IndustryUpdate

ticals. ePN affirmed that its solution Paya, 1Retail team up on Acumatica Cloud ERP
simplifies the check deposit process
and increases merchant productiv- Paya partnered with POS system vendor 1Retail to provide 1Retail access
ity. to EMV contactless and stored payments in Acumatica Cloud enterprise
resource planning (ERP) software. Paya said its improved checkout experi-
ING Germany to use ence offers best-in-class hardware and reconciliation of all credit card and
Paysafe's cash service ACH payments. The integration enables convenient EMV or contactless
checkout and allows returning customers to make purchases from stored
Paysafe stated its cash arm, viafin- payment information in the Acumatica ERP without a physical card present,
tech, established a partnership the partners stated, adding that Paya ensures PCI compliance by extending
with Germany’s third-largest bank the P2PE solution across the 1Retail and Acumatica environments.
by number of customers, ING
Germany. More than 9 million ACQUISITIONS
ING customers can now make cash
deposits or withdrawals from their
current account at participating J.P. Morgan closes deal for stake in Viva Wallet
retailers across the country, Paysafe
stated. The new cash feature, known J.P. Morgan closed on a 48.5 percent ownership stake in Viva Wallet Holdings
Software Development S.A., a cloud-based payments fintech in Athens. "We
as ING Cash (locally known as ING
Bargeld), is available within ING’s believe the European payments space is a major growth opportunity in
the years to come," said Takis Georgakopoulos, global head of J.P. Morgan
Banking to Go app. To use the ser-
vice, the customer selects ING Cash Payments. "With its strong platform and omnichannel merchant acquiring
capabilities, Viva Wallet is primed to build on its leading position with small
in the app and chooses the amount
they want to deposit or withdraw. and midsize businesses in the region." This transaction, J.P. Morgan noted,
reinforces its commitment to its European payments clients, as well as to the
This generates a barcode that can be
scanned at one of more than 12,500 thriving technology and payments ecosystem in Greece.
partner stores in Germany, and the
amount can be deposited or with-
drawn instantly, Paysafe added.

We Buy Agent Portfolios Lavu launches restaurant-
focused agent sales program
Lavu, a POS software and pay-
ment solution provider, established
an independent agent sales pro-
gram focused on helping ISOs and
merchant level salespeople (MLSs)
grow their portfolios. The program
is a collaboration with CCSalesPro
and its CEO James Shepherd. Lavu
and Shepherd said the intensive
online program includes certifica-
tion courses, webinars and newslet-
ters to train reps in sales strategies
David Daily that leverage free hardware and
Zach Daily CEO & Founder Alex Daily dual pricing to win lucrative res-
Business Development Business Development taurant deals, with lifetime vested
residuals on an 80/20 split. Many
Denise Shomo Katelyn Schickling restaurants are using legacy tech-
President Business Development nologies that cannot support table-
side ordering, delivery app integra-
Contact us today for a complementary portfolio valuation tions and loyalty/rewards tracking,
the partners stated. Restaurateurs
or to inquire about our referral program for ISOs can access Lavu's suite of cloud-
based business management tools
using an iPad app, they added.

+1.610.451.4096

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