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IndustryUpdate

offered promotions, citing affordability (30 percent) and agement for businesses, the partners stated. TreviPay
cash flow challenges (54 percent) as barriers. handles invoicing, credit and collections, enabling
Sonder to focus on premium guest experiences.
Beyond pricing, top hurdles include managing customer
traffic, marketing, inventory and stress. Notably, 38 per- TreviPay CEO Brandon Spear said the solution builds
cent of respondents said discounts aren't needed, and loyalty through flexible, frictionless payments. Initially
32 percent indicated they fear devaluing their offerings. launching in the United States, U.K. and Canada, Sonder
Xero urged owners to prioritize financial clarity and Billing will expand globally to support over 9,000
operational agility over short-term price wars for sus- units, boosting efficiency and revenue as business travel
tainable, year-round profitability. spending rebounds worldwide, the partners noted.

PARTNERSHIPS UATP, Burbank to deliver card-present over internet
UATP has partnered with Burbank, creator of the world's
Juspay, HSBC to build future-ready first card-present over internet (CPoI) technology, to
acquiring solution offer airlines a secure way to process card-present trans-
actions online. CPoI enables shoppers to tap their physi-
HSBC and Juspay formed a strategic partnership to cal payment cards on mobile devices and enter PINs,
launch a first-of-its-kind, full-stack acquiring platform authenticating transactions as card-present and dramati-
designed for digital-first, global merchants. The uni- cally reducing fraud, chargebacks and false positives,
fied solution combines HSBC's international reach with the partners stated.
Juspay's advanced payments infrastructure to streamline
the entire payment value chain. Merchants gain access With fraud rising 69 percent annually and false positives
to multiple payment methods, improved success rates, costing merchants $443 billion, this innovation delivers
lower costs and industry-leading reliability through a major cost savings and liability protection, they added.
single provider, the partners stated. UATP CEO Ralph Kaiser said the partnership reflects
UATP's commitment to cutting-edge solutions that sim-
HSBC's Lewis Sun said the collaboration removes plify payments, enhance security and unlock new rev-
payment complexity, enabling merchants to focus on enue opportunities for merchants worldwide.
growth. Juspay's Sheetal Lalwani noted the partnership
showcases how banks and fintechs can co-create future- Worldpay now Kroger's exclusive
ready infrastructure that blends institutional scale with payment processor
the agility of modern technology.
Worldpay entered an exclusive agreement to provide
PayPoint, NoteMachine team up to support ATMs Kroger with comprehensive payment processing servic-
es across in-store, online, and mobile channels. Serving
ayPoint expanded its partnership with NoteMachine, a over 11 million customers daily, Kroger will leverage
Brink's company, to provide full engineering support for Worldpay's innovative, secure, and reliable technology
more than 3,000 ATMs across the UK. Building on their to deliver a seamless checkout experience. Jason Pavona,
2024 collaboration, NoteMachine will now deliver both Worldpay's North America general manager, said the
first- and second-line maintenance, ensuring consistent partnership underscores the company's commitment to
uptime and reliability. helping leading retailers stay at the forefront of com-
merce innovation.
PayPoint's Anthony Sappor emphasized the importance
of ATMs in maintaining cash access for communities Worldpay's solutions will enhance Kroger's payment
with limited banking services. NoteMachine CEO Steve operations through advanced security, efficiency, and
Makaritis said the partnership highlights his company's flexibility, reinforcing both companies' focus on improv-
expertise in delivering large-scale, high-quality engineer- ing customer convenience and maintaining leadership in
ing support. Together, the companies aim to maintain a the rapidly evolving payments landscape.
seamless, efficient ATM network serving businesses and
consumers nationwide. ACQUISITIONS

TreviPay, Sonder to launch net terms program
BookNow Software acquired by ROLLER
TreviPay, a global B2B payments platform, partnered
with hospitality brand Sonder to launch Sonder Billing, Tequity served as exclusive financial advisor to CRM-
a net-terms program allowing corporate travelers to pay native booking and operations platform BookNow
for accommodations on 30-day terms with consolidated, Software in its acquisition by ROLLER, a global venue
VAT-compliant invoicing. The program streamlines cor- management company. The deal expands ROLLER's
porate travel payments while enhancing cash-flow man- European and U.S. presence and strengthens its support

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