Amaryllis Exposes Common 3rd Party Payment Claims that Blur the Lines between Hype and Reality

  WEST PALM BEACH, FL - 01/10/2018 (PRESS RELEASE JET)

Amaryllis, a global leader in the complex world of payments between buyers and sellers, today announced that the company will be launching a new series, ‘3rd Party Payments: Hype vs. Reality.’ This six-part series will explore what a complete technology solution for complex payment models looks like and the types of questions that need to be asked when evaluating a solution. Key topics will include: 

• Merchant Onboarding
• Transaction Processing
• Billing
• Compliance and Risk
• Payouts
• Reconciliation and Reporting

“As a 3rd party payment SME, I have been exposed to the good, the bad and the ugly. I believe most of what is out there is hype or at best a broad generality left for interpretation. What provider doesn’t have the best solution? Can any provider really make such promises without concessions? The list goes on and on.” said Mark Bishopp, Amaryllis’ CEO. “I feel it is now time to have a true open discussion about 3rd party payments and what solutions really address versus what they claim.”

“To kick off this initiative, I will be hosting a CEO Chat on January 18th at 1:30 PM EST. This will provide an open forum to share insights from our '3rd Party Payments: Hype vs. Reality’ series. We will explore ‘Merchant Onboarding’ during this month’s session and cover common marketing claims such as: Instant Boarding and Total Control. In addition, folks can ask me anything that they may be hearing or wondering about in the space.”

“No other CEO in this market will open the door to allow you to ask the tough questions. Looking forward to chatting.” 

Amaryllis 

With a vision to optimize the complex world of payments between buyers and sellers, the Amaryllis SaaS Payment platform is a configurable, scalable, API-driven payment engine built specifically for the omni-channel economy servicing all acquirers, payment facilitators, marketplaces, ISOs, ISVs, VARs and other models.

Unlike competitive solutions that simply provide a technology stack, Amaryllis is the only software provider that has experience from both sides of the table. By leveraging our team’s over 60+ years of combined payment processing and 3rd party payment model experience, our team is uniquely positioned to be your trusted advisor on “what good looks like” in supporting 3rd party complex payment models since we possess that experience. Our Executive and Senior leadership teams have held senior positions with acquirers and with payment facilitators in multiple verticals. No other provider in the space can make this statement!