World Wide Payment Solutions To Process With Cynergy Data
As a new merchant-services company, World Wide Payment Solutions LLC says its recent agreement to process its transactions through Cynergy Data LLC will enable the start-up to sell its services to a broad range of merchants.
“They were willing to look at more types of merchants,” Nate Bunnell, World Wide CEO, tells ISO&Agent Weekly. “They were willing to look at high-risk merchants.”
Bunnell and Ryan Burgon, World Wide president, started the South Jordan, Utah-based merchant-services company earlier this year after each having worked elsewhere in the payments industry.
World Wide works with independent sales agents in approximately six offices, and has some direct sales staff, Bunnell says.
TransFirst Signs Mindbody Merchant Referral Deal
Merchants using business-management software from Mindbody Inc. will be referred to TransFirst for merchant services under an exclusive agreement between the two companies, according to TransFirst, a Hauppage, N.Y.-based payment processor.
Personal trainer, spa, and similar health-and-wellness businesses most often use San Luis Obispo, Calif.-based Mindbody’s software.
Mindbody, itself an ISO, signs up about 400 merchant accounts a month, TransFirst says. The two companies want to increase the total to more than 1,000 accounts monthly.
MasterCard Teams Up With SmartHub On Mobile Payments
MasterCard Worldwide announced last week it has formed a joint venture with Smart Hub Inc. to develop a global-mobile payment system.
Smart Hub, a unit of Smart Communications Inc. of Makati, Philippines, provides the mobile-payments platform for the venture, and MasterCard provides access to its network.
The companies have been working together on an project in Brazil announced last year. They are working with Itau Unibanco, Redecard, and mobile-network operator Vivo in that initiative.
