As Payments as a Service (Paas) soars, multiple businesses have formed partnerships and rolled out new EMV-enabled security to protect sensitive payment information.
According to the latest edition of the PYMNTS.com Payments as a Service Tracker, done collaboratively with Cayan, several companies have partnered with one another to improve their security going forward.
Action Systems announced a pair of partnerships with payment technology providers Vantiv Integrated Payments and Payment Logistics. The partnerships will provide ASI and their resellers using the company’s Restaurant Manager 19.1 solution with a fully certified EMV payment processing solution.
Meanwhile, TSYS and Dejavoo Systems have teamed up and last month they announced that the Dejavoo Z and V series devices received EMV certification. These devices will give merchants real-time tools and information, while accepting both contactless and contact payments from mobile wallets, PIN-based credit and MSR-based EMV debit cards.
Other partnerships recently announced include:
Winecard and Verifone agreeing to a five-year partnership for Asian expansion.
Micronics and retailcloud have teamed up on an EMV-enabled solution that will be introduced as part of a POS bundle, which will include an EMV reader, a thermal printer and other pieces, from Ingenico Group.
Each month, the Tracker Scorecard features and ranks companies based on several criteria including engagement and marketing, hardware, operations, payments acceptance and processing, POS, security and software.
There are 39 global PaaS providers appearing in the scorecard, with nine new additions including: Appetize, BluePay, Digital River, Computop, Creditcall, Global Payments, Meritus Payment Solutions, Moneris Solutions and WorldPay.
Here’s a look at the companies making the PaaS Top 20 list and their respective scores:
1. Cayan – 83
2. First Data – 78
3. Verifone – 74
4. Aurus Pay – 72
5. Agilysys – 71
6. RedFynn – 64
7. Global Payments – 63
8. BluePay – 62
(t) 9. Adyen – 60
(t) 9. Payline Data – 60
11. NCR Corporation – 59
12. Ingenico – 58
(t) 13. Elavon – 56
(t) 13. TSYS Merchant Solutions – 56
15. Total Merchant Services – 55
(t) 16. Chase Payments – 54
(t) 16. Square – 54
18. Net Element – 52
19. Poynt – 51
20. First American Payment Solutions – 50
The tracker also features interviews with executives from Retail Pro, ShopKeep, CardFlight and also a mobile payments analyst from 451 Research.
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