PaymentCloud acquires contactless payments startup Paysley

Thursday 22 October 2020 12:09 CET | News

US-based PaymentCloud has acquired the majority share of the contactless payments technology startup Paysley, for an undisclosed amount.
The acquisition will serve to combine the contactless payment functionality of Paysley with the payment processing power of PaymentCloud. With a customisable interface, Paysley can provide a platform for fundraising, donations, recurring rent payments, and businesses utilising text message payment requests.

Allowing a customer's phone to be the point of sale without an account, Paysley's wants to bring diverse payment options to business owners. The personalised QR code feature allows customers to pay securely on their phone by inputting their card information or via Apple Pay and Samsung Pay accounts. 

With the acquisition finalised, Paysley is now being offered nationwide through approved ISOs and MSPs. Paysley can be added to existing merchant accounts and POS systems as well as a stand-alone, all-in-one solution.

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Keywords: PaymentCloud, Paysley, acquisition, mobile payments, US, QR payment, POS
Categories: Payments & Commerce
Countries: United States
This article is part of category

Payments & Commerce