In Other News: PRIORITY (e/tab); MASTERCARD (AU); PERK (1Q); and WELLS (lockbox).
PRIORITY – Priority Payment Systems, one of the fastest growing payments companies in the U.S., and strategic partner e|tab, a leading provider of affordable hospitality and restaurant self-service technologies, announce their extended partnership and reveal how the e|tab solution has improved the operating efficiency of Stefanina’s St. Louis Pizzeria and increased their online ordering volume by 400%.
MASTERCARD – MasterCard Priceless Cities has expanded to Australia. As part of MasterCard’s ongoing commitment to connect cardholders to Priceless experiences, MasterCard announced, Priceless Cities presents ‘An Appetite for Paradise Curated by Neil Perry’. Launching this July at the iconic private island sanctuary of One&Only Hayman Island is the first of two VIP culinary escapes to extraordinary locations. Surrounded by astonishing natural beauty, One&Only Hayman Island is a place of restorative peace, indulgence and adventure.
PERK – Perk.com, Inc. reported 1Q/16
total revenue increased to $17.7 million, an increase of 155%; gross profit was $9.1 million, or 51% of total revenue; and net income was approximately $1.3 million, which included $0.8 million in non-recurring transaction costs incurred during the quarter.
WELLS – For corporate treasurers, online banking and electronic payments have sped up deposits of customers’ payments. Yet 80% of their customers still pay with a paper check, according to PYMNTS.com. One of the fastest ways for a company to turn that paper check into a deposit is to use the Wells Fargo lockbox network, which for the first time is ranked America’s fastest, according to the new Phoenix-Hecht Postal Survey Release 2015-2 1.