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Simpay (formerly Alpha Card Services, but legally still Alpha Card Services, LLC) is a United States–based company that provides card processing services, payroll, Point of sale (POS) systems, gift and reward cards, ATM services, and merchant cash advances to smaller businesses in a wide variety of industries in the United States.
Phone support is available for account management and password reset help, Mon-Fri: 8am-12am ET; Sat: 8am-10pm ET. For additional hours of operation for different services visit our support options page for contact info.
Key takeaways. Credit card payments made over the phone or internet are classified as “card- not-present” (CNP) payments. CNP payments come with more fraud risk for both merchants and consumers.
In 2010, the company acquired public-sector-payment company Point & Pay, as well as merchant services technology provider CDI Tech. [1] In January 2011, North announced the launch of Payanywhere, a mobile payment processing tool. The acquisition of payment services company Velocity occurred in 2013. [1]
A key feature of the solution platform beyond payment acceptance is Payanywhere Inside, an online merchant portal that enables businesses to access reporting, manage employee permissions, accept phone and online payments via a virtual terminal, send and manage invoices, take action on chargebacks, and access additional business management tools.
In April 2014, Nayax purchased InOne Technologies LLC, based in Maryland, currently operating as the US subsidiary of Nayax Ltd., now known as Nayax LLC. [19] In July 2016, Nayax acquired VendSys [ 20 ] In August 2016, Nayax's product VPOS was awarded Best Payment System in the UK 2016 Vendies by Vending International. [ 21 ]
In 2010, the People's Bank of China issued administrative measures regarding online non-financial payment services. [9]: 33 These measures retroactively recognized the legal status of online third-party payment platforms like Alipay. [9]: 33 Prior to the 2010 measures, these services existed in a legal grey area. [9]: 32
A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card...