Fintech

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of PayPal Zettle in the U.S., a digital point-of-sale solution that enables small businesses to seamlessly sell across in-person and online channels. The launch comes at a time when there has been a historic shift in consumer behavior towards digital and omnichannel commerce, and businesses need to adapt to meet their customers wherever they are.

With PayPal Zettle, small businesses will get an integrated solution that enables them to accept a range of payments in-person with the Zettle card reader, helps them start selling online, and also helps them manage sales, inventory, reporting and payments across channels, all in one place. PayPal Zettle will also enable businesses to leverage PayPal's suite of payment and commerce solutions – from invoicing to PayPal's Business Debit Mastercard.

Partnering with PayPal for both in-person and online commerce, small businesses can offer their customers increased payment options, including credit and debit cards, PayPal and Venmo QR Codes, popular digital wallets and access to PayPal's business lending solutions. All in-person and online sales can be easily viewed and managed through a business's PayPal business account, and businesses will have access to their funds typically within one day.

PayPal Zettle also offers interoperability through PayPal's vast partner network, so businesses can easily link their PayPal Zettle accounts with their preferred ecommerce, accounting and point-of-sale partners. PayPal Zettle is already integrated with a range of partners including BigCommerce , Lightspeed , QuickBooks Online and SalesVu , and will be integrating with additional partners in the coming weeks and months.

"Consumers want seamless and integrated digital experiences no matter where they shop. As a result, small businesses need access to omnichannel payment and commerce tools to help them effectively compete and meet their customers wherever they are – in-person, online and in-between," said Jim Magats, SVP, Omni Payments, PayPal. "We believe in the power of small businesses, and we will leverage PayPal Zettle to better serve in-person businesses and enable them to go digital seamlessly."

Small businesses like Speakcheesy , The Bullpen and Windybush Hay Farms are already seeing success using PayPal Zettle in the U.S.

"We recently switched to PayPal Zettle for our point-of-sale solution and we're so glad we did," said Mitch Guttenberg , co-owner, The Bullpen. "Being able to easily leverage multiple PayPal products, view and track all of our transactions in one centralized hub, and have all of our payments settle in one place has been a big win for us. Best of all, our customers and employees love PayPal Zettle because it's so fast and easy to use."

"As merchants adapt their businesses to start selling across more channels, the complexity of managing operations becomes a primary point of friction," said Mark Rosales , Vice President, Business Development and Payments, BigCommerce. "PayPal Zettle's complete point-of-sale integration with BigCommerce empowers our merchants to operate in a truly omnichannel ecosystem, connecting their digital operations with their offline business in a simplified way, saving time and most importantly, giving our merchants greater control over their business."

PayPal Zettle is available to small businesses across the U.S. beginning today at a very competitive price. Businesses can purchase their first PayPal Zettle card reader for $29, with additional readers available for $79 . The PayPal Zettle transaction rate in the U.S. for card processing is 2.29% + $0.09 cents * at launch, and PayPal and Venmo QR Code transactions will be 1.9% + $0.10 cents * via PayPal Zettle. Businesses can learn more and sign-up here .

About PayPal
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 375 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

*Fees are subject to change.

Contact:
Grace Nasri
gnasri@paypal.com

Cision View original content: https://www.prnewswire.com/news-releases/paypal-brings-paypal-zettle-to-the-us--its-digital-in-person-and-omnichannel-solution-301322609.html

SOURCE PayPal Holdings, Inc.

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25-year Financial Services Industry Expert John Durrant Named President of FIS Banking Solutions Group

Key facts

  • John Durrant assumes role of FIS Banking Solutions President on Sept. 1.
  • Durrant succeeds Martin Boyd who has announced plans to retire from FIS.
  • Boyd, who joined FIS in 2015 through the acquisition of SunGard, will remain with the company until the end of the year to ensure a smooth transition.

Financial technology leader FIS ® (NYSE: FIS) announced today that financial services veteran John Durrant has joined the organization and will assume the role of President of the company's Banking Solutions business effective Sept. 1.

News Provided by Business Wire via QuoteMedia

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New integration offers enhanced two-way sync of projects, invoices, and expenses between Knowify and QuickBooks Online Advanced

Knowify, leaders in the construction business management software space, announced today the release of the Knowify Connector - a new and improved integration with QuickBooks Online Advanced which further simplifies the financial management of construction projects for contractors. INTUit (Nasdaq: INTU), the global technology platform behind TurboTax QuickBooks Mint Credit Karma and Mailchimp has made the connector available for all users who utilize both QuickBooks Online Advanced and Knowify at no additional cost.

Knowify and QuickBooks

The Knowify Connector makes it easier than ever for construction businesses to collect data on projects, invoices, and expenses in a single place, eliminating the need for double-data-entry and preserving data quality. The nearly real-time sync of data between the platforms means that users can evaluate project profitability in real-time, and better understand where they have cost overruns. The Connector enables project managers and financial professionals to work in lockstep, so projects can progress without interruption, and the impact of an individual project's profitability on the overall business can be quickly gauged.

"The Knowify Connector has made the already deep integration between QuickBooks Online Advanced and Knowify even more powerful and accessible." Said Marc Visent, CEO and Co-founder of Knowify. "Knowify's mission is to give growing construction companies the tools and guidance needed to execute on projects more efficiently and to understand how each project they take on is affecting their business overall. The Knowify Connector gives contractors faster, more accurate project data, so they can have a clear idea of how their projects and overall business are performing."

Key Benefits:

  1. Streamline your project processes: Avoid dual data entry for projects created in Knowify and corresponding project financials in QuickBooks Online Advanced.
  2. Track performance at a glance: Share project info between Knowify and QuickBooks Online Advanced, to quickly gauge profitability and see actualized project costs vs budget broken down by materials, equipment, labor, and more.
  3. See project updates in real time: Business owners and financial professionals working in QuickBooks Online Advanced and your project managers operating in Knowify can work in sync using the latest project information.

To learn more about Knowify, visit: https://www.knowify.com/

To learn more about the Knowify Connector, visit: https://quickbooks.intuit.com/r/bookkeeping/whats-new-in-quickbooks-online-june-2022/

To learn more about QuickBooks Online Advanced for Construction, visit: https://quickbooks.intuit.com/industry/construction/

About Knowify

Founded in 2016, Knowify's business management software empowers trade contractors and subcontractors to build their business with confidence using a simple but powerful suite of tools. With the ability to create proposals, track employee time and expenses, track job-costs at a granular level, and handle invoicing, Knowify shows the impact every job is having on your business, so you know exactly which projects to focus on. Knowify acts as a single source of truth for every project, eliminating all the manual data entry and expense tracking that keeps business owners and managers tied up at their desk. Knowify also features an extensive integration with Intuit QuickBooks, and is a top-rated construction solution on Intuit's Apps.com.

About Intuit

Intuit is the global technology platform that helps consumers and small businesses overcome their most important financial challenges. Serving more than 100 million customers worldwide with TurboTax , QuickBooks , Mint , Credit Karma , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social .

Preview of the Knowify Connector

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SOURCE Knowify

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Intuit Mailchimp CEO and Co-Founder Ben Chestnut to take on Business Advisor Role; SVP of Intuit QuickBooks Money Platform Rania Succar assumes Mailchimp CEO Duties

INTUit (NASDAQ: INTU), the global technology platform behind QuickBooks , TurboTax , Mint , Credit Karma , and Mailchimp , announced today that Ben Chestnut has made the decision to step back from his role as CEO of Intuit Mailchimp to take on a Business Advisor role within the organization.

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FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator

Key facts:

  • Ten growth-stage fintech companies have been chosen to take part in the 2022 FIS Fintech Accelerator program, allowing participants to develop their solutions through mentoring, training and a monetary investment.
  • Presented by FIS Impact Ventures and The Venture Center, this year's cohort represents green banking, buy now pay later, P2P payments, debt management, data privacy automation, crypto currency risk management, fraud transaction monitoring, cloud-based compliance, earned wage access and regulatory compliance solutions.
  • Firms founded by women comprise thirty percent of the 2022 cohort.
  • All ten startups will meet with hundreds of bankers, financial services leaders, and venture capital firms during the Accelerator program.

Financial technology leader FIS ® (NYSE: FIS) and The Venture Center have announced the ten companies selected for the 2022 FIS Fintech Accelerator program , providing these growth-stage fintechs with mentoring, training and a monetary investment to develop their solutions.

News Provided by Business Wire via QuoteMedia

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FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator

Key facts:

  • Ten growth-stage fintech companies have been chosen to take part in the 2022 FIS Fintech Accelerator program, allowing participants to develop their solutions through mentoring, training and a monetary investment.
  • Presented by FIS Impact Ventures and The Venture Center, this year's cohort represents green banking, buy now pay later, P2P payments, debt management, data privacy automation, crypto currency risk management, fraud transaction monitoring, cloud-based compliance, earned wage access and regulatory compliance solutions.
  • Firms founded by women comprise thirty percent of the 2022 cohort.
  • All ten startups will meet with hundreds of bankers, financial services leaders, and venture capital firms during the Accelerator program.

Financial technology leader FIS ® (NYSE: FIS) and The Venture Center have announced the ten companies selected for the 2022 FIS Fintech Accelerator program , providing these growth-stage fintechs with mentoring, training and a monetary investment to develop their solutions.

News Provided by Business Wire via QuoteMedia

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ANZ New Zealand to move to FIS Modern Banking Platform

Key facts

  • ANZ New Zealand will be the first bank outside the U.S. to utilize FIS' Modern Banking Platform deployed on Microsoft Azure.
  • Once completed, the bank will leverage cloud-based technology for core modernization.

ANZ Bank New Zealand Ltd (ANZ New Zealand) has selected financial technology leader FIS ® (NYSE: FIS) to modernize its core banking capabilities.

News Provided by Business Wire via QuoteMedia

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