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  • Payarc Partners with Amazon Web Services (AWS) to Develop Payments Artificial Intelligence Platform 

    Payarc Partners with Amazon Web Services (AWS) to Develop Payments Artificial Intelligence Platform 

    Greenwich, CT – [April 5, 2024] – Payarc, a leader in innovative payment processing solutions, announces it is working with Amazon Web Services (AWS) to enhance business intelligence for its clientele. Leveraging AWS machine learning, generative artificial intelligence (gen AI), analytics, security, and business intelligence technologies such as Amazon Macie, Amazon SageMaker, Amazon Redshift, data lake Foundation on AWS, Amazon QuickSight, Amazon QuickSight Q, and Amazon Q, Payarc aims to redefine financial data analysis in the payment industry. 

    Under the leadership of Zachary Martinez, CEO of Payarc, this initiative aims to equip Payarc’s customers with advanced analytics tools, enhancing decision-making processes with comprehensive data analysis.  

    “Our work with AWS signifies Payarc’s dedication to providing cutting-edge technology solutions,” Martinez said. “AWS’s cloud infrastructure and leading generative AI services embedded in Payarc’s proprietary business management platform, will empower our clients with real-time insights and predictive analytics, setting new standards in the payment processing landscape.” 

    This venture into advanced business intelligence underscores Payarc’s ambition to provide state-of-the-art technology solutions. Through AWS’s secure and scalable cloud services, Payarc aims to enhance its data operations, offering clients a competitive edge in a data-centric business environment. 

    “AWS is helping Payarc use advanced technologies like generative AI and analytics to enhance payment processing for customers, providing them with the visibility to make more informed financial decisions and optimize operations,” said Greg Pearson, Vice President of AWS Global Sales. “We look forward to collaborating with Payarc to help them innovate more personalized and secure payment experiences that will support the company’s growth for years to come.” 

    The collaboration aligns with Payarc’s strategic focus on innovation and customer success, enhancing its offerings with powerful analytics and data visualization tools. This collaboration strengthens Payarc’s market position and demonstrates its commitment to delivering forward-thinking solutions that cater to evolving business needs. 

    Explore Payarc AI

    Janine Aboy

    May 6, 2024
    News
    ai, public-relations
  • Payarc and Lendiom Forge Alliance to Enhance Payment Solutions for Real Estate Industry 

    Payarc and Lendiom Forge Alliance to Enhance Payment Solutions for Real Estate Industry 

    Greenwich, February 13, 2024— Payarc, a distinguished leader in payment processing solutions, announces its strategic partnership with Lendiom, a cutting-edge platform that elevates the management of owner-financed contracts and rental properties in the real estate sector. 

    This collaboration represents a significant step forward in redefining payment processing solutions tailored specifically for real estate investors and property managers. By joining forces, Payarc and Lendiom aim to address key challenges encountered by industry professionals, offering a streamlined and customized payment experience. 

    “We’re thrilled to partner with Payarc to provide our users with a comprehensive payment solution,” Hunter Haley, CEO of Lendiom, said. “Our platform has always been designed to make managing installment payments and rental properties easier for real estate investors and property managers. With Payarc, we’re taking it to the next level.” 

    The partnership between Payarc and Lendiom is driven by a shared vision to reduce payment processing costs, facilitate deeper payment integration, and deliver personalized solutions tailored to Lendiom’s unique requirements. This collaboration eliminates barriers to entry, ensuring an easy and intuitive onboarding process for users, while simplifying payment processing tasks for industry professionals. 

    Bradley Hilton, CTO of Lendiom, said, “Through the integration process, the personal support Payarc has provided has been exceptional. Working with Stephen at Payarc was second to none and is an example of their commitment to our partnership.” 

    Real estate investors and property managers leveraging Lendiom’s innovative platform gained access to Payarc’s suite of payment processing benefits, including cost-effective solutions, secure payment gateways, and expert support services. This partnership empowers industry professionals to optimize their operations and focus on driving business growth. 

     “We are strongly dedicated to delivering tailored, innovative, omnichannel payment solutions that optimize transaction experiences,” said Zachary Martinez, CEO of Payarc. “Lendiom’s vision for streamlining processes and their focus on personalized relationships with their customers aligns perfectly with our mission of enabling payments.” 

    This strategic alliance between Payarc and Lendiom marks a pivotal moment in the evolution of payment solutions within the real estate industry. Together, they are poised to set new standards of efficiency, support, and innovation, ultimately enhancing the payment experience for real estate investors and property managers. 

    Payarc

    March 11, 2024
    News
  • Payarc Strengthens Leadership Team with Key Appointments  

    Payarc Strengthens Leadership Team with Key Appointments  

    Greenwich, February 27, 2024 – Payarc, a leading provider of innovative payment processing solutions, is pleased to announce two significant appointments to its leadership team, marking an exciting chapter in the company’s growth trajectory. 

    Firstly, Payarc welcomes John Minutaglio as its new Chief Technology Officer (CTO), effective February 20, 2024. With over three decades of distinguished experience in technology and product leadership across the Financial Services and FinTech industry, John Minutaglio brings a wealth of expertise to his new role. His track record of successful team building, product innovation, and project management will play a pivotal role in driving Payarc’s technological advancements and enhancing its service offerings. 

    “I am very excited to welcome John Minutaglio to the Payarc family as our new Chief Technology Officer,” said Zachary Martinez, CEO of Payarc. “John has demonstrated strong leadership, successful team building, product innovation, project management, and large project implementations that will greatly benefit our team.” 

    Minutaglio’s extensive payments experience includes senior leadership positions at prominent organizations such as Fiserv and TSYS Acquiring Solutions, where he spearheaded the development of electronic payment systems and managed end-to-end payment solutions supporting millions of transactions daily. Most recently, Minutaglio served as the Chief Technology Officer of Marquis Software Solutions, contributing to the advancement of data analytics and marketing solutions for financial institutions. 

    “I am absolutely thrilled to join the Payarc team as Chief Technology Officer,” said John Minutalgio. He continues, “Payarc’s unwavering dedication to customer satisfaction, coupled with its relentless pursuit of excellence in support and service, truly sets it apart in the payment processing industry. It’s incredibly inspiring to be part of a company that prioritizes its customers at every turn and consistently delivers innovative solutions tailored to their needs.” 

    In addition to Minutaglio’s appointment, Payarc is pleased to announce the promotion of Keith McNeely to the position of Chief Risk Officer. McNeely, who has been an integral part of the company since its inception six years ago, has demonstrated exceptional commitment, leadership, and invaluable contributions to the organization. As the second person to join Payarc’s team in company history, McNeely’s decision to take a chance on the company during its early days has played a pivotal role in shaping its success. 

    Beyond his official role, McNeely has been instrumental in the day-to-day operations of Payarc, providing insightful guidance and leadership that has contributed to the company’s growth and success. His strategic mindset and dedication to excellence have extended far beyond risk management, and he has been instrumental in fostering partnerships that have significantly contributed to Payarc’s revenue growth. 

    “Additionally, I am delighted to announce Keith McNeely’s promotion to Chief Risk Officer. Keith’s dedication, leadership, and strategic vision have been instrumental in our success, and I have full confidence in his ability to excel in his new role,” said Martinez. 

    Minutaglio’s strategic insights, technological acumen, and leadership skills will undoubtedly contribute to Payarc’s goal of continually elevating the payment processing industry. Together with McNeely and the rest of the Payarc leadership team, their expertise and dedication will drive Payarc’s success to the next level. 

    Payarc

    March 8, 2024
    News
    press-release
  • Empower Your Business with the PAYARC Partner Hub

    Empower Your Business with the PAYARC Partner Hub

    Welcome to a transformative experience designed exclusively for agents – the PAYARC Partner Hub. Making payment processing for agents, easier. This comprehensive solution is crafted to unlock the full potential of your business. Let’s delve into the features that make this hub a true game-changer: 

    Download E-book
    Partner Hub Webinars

    Access to Exclusive Webinars and Training

    Stay ahead in the dynamic payment industry landscape. The Partner Hub opens doors to a diverse array of exclusive webinars and training sessions. Take part in our monthly live webinars that equip you with the ins and outs of PAYARC products and industry sessions set to improve your skills at any experience level. Elevate your understanding of PAYARC’s offerings and stay abreast of industry trends, ensuring you’re not just a participant but a leader in the payment space.

    Robust Marketing Materials Library

    Empower your merchants with the right resources. Dive into our extensive library of marketing materials and collaterals, meticulously tailored to enhance their experience with our user-friendly systems and state-of-the-art POS devices. Explore APIs, quick reference guides, online ordering capabilities, equipment details, and a wealth of other resources. 

    Partner Hub Marketing Materials Library

    Real-Time Tracking Dashboard

    Gain unparalleled insights into your business with our intuitive dashboard. Monitor live merchant applications, review underwriting progress, access your residuals, and glean instant insights into your overall business performance. With this, you can have up-to-date merchant processing reports so you can take immediate action with any changes in your portfolio. Stay in control, make informed decisions, and drive success with the real-time pulse of your operations at your fingertips.

    MyPAYARC

    Custom CRM for Agents: Under the My PAYARC section, check out merchant activations, bonuses to be earned, bonus activities, commissions, deposits, batch reporting, and more. Be fully equipped with our centralized and feature-rich platform.

    Download E-book

    In Detail

    • My PAYARC: Direct access to the My PAYARC Dashboard. 
    • New Application: Navigates to the Apply Wizard for new applications. 

    Dashboard Widgets: 

    • Live Merchants: Categorizes merchants into Active, Dormant, and Inactive categories. 
    • Applications Status: Tracks applications from waiting on the signature to approve or decline. 
    • Residuals: Displays partner residuals from the previous month. 
    • Upcoming Training: Highlights the latest Demio webinars. 
    • Latest News: Updates and newsletters from the last three months. 
    • Upcoming Releases: Stay informed about forthcoming events and updates. 

    My PAYARC Overview: 

    • Merchant Activation: Displays recently activated merchants. 
    • Bonus to be Earned: Shows pending bonus amounts and terms. 
    • Bonus Activity, Residuals, Partner Income: Charts detailing bonuses, residuals, and partner income. 
    • Top 10 Merchant Activities: Insights into volume, transactions, chargebacks, and refunds. 

    Apply Wizard

    • Seamless access to view, create, and submit applications. 

    My Commission: 

    • Bonus Summary: Detailed bonus information. 
    • My Residuals: Monthly residuals details. 

    My Merchants:

    • Merchant Details: Comprehensive view with performance metrics. 
    • Deposits & Batch Report: Summary of transactions and batch transactions. 
    • Deposits & Batch Transactions: Detailed transaction records. 
    • Chargebacks, ACH Returns: Comprehensive list with detailed merchant information. 
    • API Keys: Access to unique API keys for added security. 
    • Upcoming Training, Marketing Materials: Stay updated on webinars, marketing materials, and new product releases. 
    • FAQs: Answers to common questions about partner accounts and merchant activities. 

    The PAYARC Partner Hub transcends the conventional notion of a tool; it’s a gateway to the future of agent partnerships. It makes payment processing for agents easier. Crafted to provide you with essential tools and resources for unparalleled success, it’s time to unlock the full potential of your merchant services business. Take the next step in your journey toward a brighter, more prosperous future by contacting us today.  

    Your dedicated Relationship Manager is not just a contact point; they are your guide through this exciting venture, ready to provide more information and insights to propel your business forward. 

    Gain access to the PAYARC Partner Hub today!

    Become an Agent Partner
    Download E-book

    Payarc

    January 18, 2024
    Agent Insights, News, Payment Processing, Technology
    independent sales agents, payment-processing
  • PAYARC Recognized as One of the Fastest Growing Companies on the Inc. 5000 List 

    PAYARC Recognized as One of the Fastest Growing Companies on the Inc. 5000 List 

    Greenwich, August 17, 2023 — PAYARC is proud to announce its inclusion in the prestigious Inc. 5000 list of the fastest-growing companies in 2023. This remarkable achievement is a testament to PAYARC’s dedication, innovation, and relentless pursuit of excellence, propelling the company to new heights in the business landscape.  

    Inc 5000

    The Inc. 5000 ranking is based on the percentage revenue growth from 2019 to 2022. PAYARC’S 2023 ranking at number 986 is a result of a 602% increase in 3-year growth. This impressive trajectory reflects its commitment to delivering top-notch solutions and services to its clients while consistently exceeding expectations. Founded in 2016 by CEO Zachary Martinez and President Jared Ronski, PAYARC has rapidly emerged as a prominent player in the payments industry, demonstrating exceptional development and stability. 

    As a provider of payment processing services, PAYARC strives to bridge the gap between merchants and omnichannel payment solutions. The company’s technology-driven payment platform streamlines payment processes through best practices and transparent pricing models, allowing companies to move faster, work smarter, and make better decisions. 

    Being featured on the Inc. 5000 list underscores PAYARC’s exceptional performance and signifies its position among the most dynamic and forward-thinking companies in the United States. With unwavering dedication, the company has achieved remarkable growth in a highly competitive market. Much of this success can be credited to a best-in-class customer support team and a core value commitment to service. 

    Jared Ronski (President) and Zachary Martinez (CEO)

    “It’s an honor to be recognized on the Inc. 5000 list as one of the fastest-growing companies. This achievement speaks volumes about the hard work and dedication of our team. We remain committed to delivering innovative solutions and exceptional value to our clients,” said Zachary Martinez, co-founder and CEO of PAYARC. 

    The 2023 Inc. 5000 ranks privately held U.S. companies based on revenue growth from 2019 to 2022. Eligible companies must have generated at least $100,000 in 2019 and $2 million in 2022.  

    For more information about PAYARC’s services, achievements, and future endeavors, please visit www.payarc.com. 


    About PAYARC: PAYARC provides payment processing solutions to all types and sizes of merchants. With the latest technology, best practices, and transparent pricing models, PAYARC allows businesses to streamline their payment processes and focus on what matters. 

    By continuously refining its two core pillars, technology and customer service, PAYARC provides everything merchants need in a payments solution, allowing companies to move faster and work smarter, one payment at a time. 

    Media Contact: Jessica Wachendorf, VP of Marketing, jessica.wachendorf@payarc.com 

    Note to editors: The 2023 Inc. 5000 list ranks companies based on their percentage revenue growth from 2019 to 2022. To be eligible, companies must have been founded and generating revenue by March 31, 2019, and must be privately held, for-profit, and independent U.S.-based entities, not subsidiaries or divisions of other companies, as of December 31, 2022. Note that some companies on the list may have gone public or been acquired since then. The minimum revenue required for 2019 is $100,000, and the minimum for 2022 is $2 million.   

    Payarc

    October 13, 2023
    News

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Payarc LLC is a registered ISO/SP of Chesapeake Bank, Kilmarnock, VA; Evolve Bank & Trust, Memphis, TN; FFB Bank, Fresno, CA; and a registered payment facilitator of Pathward Bank.

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