Priority Payment Solutions
Founded Year
2005Stage
Unattributed | AliveTotal Raised
$2MLast Raised
$2M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-20 points in the past 30 days
About Priority Payment Solutions
Priority Payment Solutions focuses on providing integrated payments and banking solutions within the financial services industry. The company offers a scalable native platform for payment processing, accounts payable automation, and a suite of services for merchants, financial institutions, and other business sectors. Priority Payment Solutions primarily serves sectors such as merchant services, financial wellness, and property management. It was founded in 2005 and is based in Alpharetta, Georgia.
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Expert Collections containing Priority Payment Solutions
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Priority Payment Solutions is included in 3 Expert Collections, including Payments.
Payments
3,033 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
9,294 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Banking
22 items
Latest Priority Payment Solutions News
Oct 5, 2018
Finovate Fresh of its return to the Finovate stage, alternative payment platform Sezzle announced this week that Priority Payment Systems will offer Sezzle as a payment option for its merchants. This will allow Priority Payment Systems merchants to add the e-commerce financing technology both at the product page and at checkout. “We’re excited to offer our clients and their merchants a new alternative payment method, providing more choices for consumers and differentiation in the marketplace,” Priority Payment Systems CEO John V. Priore said. Founded in 2005, Priority Payment Systems has 174,000+ SME merchant customers, and processes 39+ billion electronic transactions a year. Sezzle founder and CEO Charlie Youakim praised the company’s “scale and breadth in e-commerce,” and called the Alpharetta, Georgia-based firm “an excellent financial services partner for Sezzle.” Sezzle provides POS financing that enables consumers to pay for purchases in four interest-free installments over a six-week period. Sezzle pays the merchant directly, assuming all repayment risk, and has helped more than 1,800 e-commerce retailers boost average order values by an average of 20%. Sezzle is also a popular option with younger consumers who are less likely to have a credit card. The company noted that 80% of the 100,000+ shoppers on its platform are less than 35 years old. Brent Sandor, Marketing Director at 686, a fashionable outerwear and technical apparel retailer, underscored Sezzle’s value in providing payment flexibility. “Our products are very popular with young consumers, but it’s hard for some of them to afford the full purchase price, and Sezzle enables them to budget and spread their purchase over time.” Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle demonstrated its “Shop Now, Pay Later” alternative payment system for e-commerce checkouts at FinovateFall 2018 last month. Earlier this year, the company announced a partnership with fellow Minneapolis startup, CartStack, to help e-commerce merchants better engage with their customers. In May, Sezzle added former Bluestem Brands VP and U.S. Bank executive Karen Hartje as CFO. With $10.9 million in funding, Sezzle includes E-Merge and CSC Upshot among its investors.
Priority Payment Solutions Frequently Asked Questions (FAQ)
When was Priority Payment Solutions founded?
Priority Payment Solutions was founded in 2005.
Where is Priority Payment Solutions's headquarters?
Priority Payment Solutions's headquarters is located at 2001 Westside Parkway, Alpharetta.
What is Priority Payment Solutions's latest funding round?
Priority Payment Solutions's latest funding round is Unattributed.
How much did Priority Payment Solutions raise?
Priority Payment Solutions raised a total of $2M.
Who are the investors of Priority Payment Solutions?
Investors of Priority Payment Solutions include Comvest Partners.
Who are Priority Payment Solutions's competitors?
Competitors of Priority Payment Solutions include Stripe, Helcim, Worldpay, WePayments, Payoneer and 7 more.
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Compare Priority Payment Solutions to Competitors
Stripe operates as a technology company that specializes in online payment processing and financial infrastructure for Internet businesses. The company provides a suite of products that enable businesses to accept payments, manage billing and subscriptions, handle in-person transactions, and integrate various financial services into their operations. Its platform is designed to support startups, enterprises, and everything in between with scalable, API-driven solutions. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
Planet Payment specializes in tax-free shopping services and (Value Added Tax) VAT refund solutions within the retail and hospitality sectors. The company offers a VAT refund service for international shoppers and provides businesses with end-to-end payment solutions and tax-free refund processes. Planet Payment was formerly known as Fintrax. It was founded in 1985 and is based in Galway, Ireland.
Worldpay provides electronic payment processing services to merchants and financial institutions. It offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management for national merchants, and regional and small-to-medium-sized businesses. The company was founded in 1993 and is based in London, United Kingdom.
InComm Payments specializes in innovative payment technology solutions. The company offers a range of products including frictionless payment options, alternative payment methods like cryptocurrency, and management services for healthcare benefits. InComm Payments primarily serves sectors such as retail, healthcare, and e-commerce with its technology. It was founded in 1992 and is based in Atlanta, Georgia.
FlexM is a company that focuses on providing Fintech as a Service (FaaS) in the financial technology industry. The company offers a range of services including digital banking, payment solutions, and regulatory compliance management systems, all designed to provide modern and digital alternatives to traditional banking and payment methods. It primarily serves sectors such as banks, fintechs, money service businesses, start-ups, and marketplaces. It was founded in 2014 and is based in Singapore.
PayU provides global payments and financial technology, solutions. The company offers a global payment platform that enables merchants to process online payments, optimize transaction approval rates, and utilize advanced security and anti-fraud measures. PayU primarily serves the ecommerce industry, providing financial services and payment solutions to businesses looking to expand their reach in emerging markets. It was founded in 2002 and is based in Hoofddorp, Netherlands. PayU operates as a subsidiary of Naspers.
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