PAYMENTS

Merrco Payments Launches Advanced PayHQ Platform to Enable Seamless Payment Solutions

Merrco Payments | January 14, 2022

Merrco_Payments_Launches
Merrco Payments Inc. (“Merrco”) launched the PayHQ platform with enhanced functionality for seamless and secure payments for businesses worldwide. As companies today have a robust approach towards implementing technology patterns into the payment processes for merchants from the U.S. and Canada, Mercco has integrated updated functions in the PayHQ platform so that businesses can process integrated payments legally at the same time.

With the help of PayHQ, technology providers for POS systems and Integrated/Independent Software Vendor (ISV) partners can now grow eCommerce clients base through enabling Payment Card Industry Data Security Standards (PCI DSS) compliant checkout experience. Interestingly, Merrco’s payment portal enables omnichannel payment processing across the U.S. and Canada through a solitary interface and connection.

With that announcement, PayHQ is now serviceable for seamless REST API integration with POS and ISV partners, which enables in-person and online payment card acceptance. The acceptance includes CBD and cannabis ancillary businesses in the U.S.

“We are excited to launch our comprehensive PayHQ solution in the U.S. “It’s a gamechanger to offer solution providers access to a robust payments platform through a modernized integration for both online and in-person purchases within our core vertical and beyond, of course,” said Fern Glowinsky, Merrco’s President & CEO.

PayHQ is an influential end-to-end payment platform. It enables strong transaction authorization through Merrco’s cloud-based technology and offers businesses real-time reporting with valuable insights and data. PayHQ integrations are available for both in-store and eCommerce businesses.

Spotlight

Financial intermediation has changed dramatically over the past 30 years, due in large part to technological change. The paper first describes the role of the financial system in a modern economy and how technological change and financial innovation can affect social welfare. We then survey the empirical literatures relating to several specific financial innovations, broadly categorized as new production processes, new products or services, or new organizational forms. In each case, we also include examples of significant fintech innovations that are transforming various aspects of banking. Drawing on the literature on innovations from the 1990s and 2000s informs what we might expect from recent developments.

Spotlight

Financial intermediation has changed dramatically over the past 30 years, due in large part to technological change. The paper first describes the role of the financial system in a modern economy and how technological change and financial innovation can affect social welfare. We then survey the empirical literatures relating to several specific financial innovations, broadly categorized as new production processes, new products or services, or new organizational forms. In each case, we also include examples of significant fintech innovations that are transforming various aspects of banking. Drawing on the literature on innovations from the 1990s and 2000s informs what we might expect from recent developments.

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INVESTMENT MANAGEMENT

Wells Fargo and HSBC Establish Bilateral Agreement to Settle FX Transactions Through a Blockchain-based Solution

Wells Fargo & Company | December 14, 2021

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FINTECH

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Flaist | November 02, 2020

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PAYMENTS

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