Transaction Trends

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Transaction Trending EP14: How Payment Facilitators Are Shaking Up the Payments Ecosystem, with Mark Bishopp, CEO, Amaryllis

7-25-2018

Transaction Trending EP14: How Payment Facilitators Are Shaking Up the Payments Ecosystem, with Mark Bishopp, CEO, Amaryllis

Payment facilitators are shaking up the sales channel in the payments industry. With a new approach to underwriting and a heavy emphasis on fintech, Payment facilitators like Square and Stripe are providing new payments solutions to merchants of all sizes.

Payment facilitators are important to ETA. Our new committee on Payment Facilitators meets regularly to discuss the industry and make connections. We also bring hundreds of payment facilitator and software leaders together at our events like TRANSACT and the TRANSACT Tech series.

ETA CEO Jason Oxman met up with Mark Bishopp earlier this summer at TRANSACT Tech Atlanta. Mark is CEO of Amaryllis, a full-service software platform that can service any payment facilitator. Under his leadership, Amaryllis has forged partnerships with some big players in payments technology. Mark is an expert in the nuts and bolts of the PayFac marketplace, so Jason and Mark took a moment between sessions at TRANSACT Tech Atlanta to discuss PayFacs and how the market is responding to their innovations.

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About ETA

The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $6 trillion in purchases in the US and deploying payments innovations to merchants and consumers. Learn more: www.electran.org.