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Priority聽has introduced enhancements to the Passport product within its banking and treasury solutions platform.Among the changes announced by the聽unified commerce聽company Monday Sept. 23 is an offering called Cash Builder, an FDIC-insured savings account that lets customers passively earn money on idle funds. Passport Cash Builder also integrates our advanced embedded yield API, which allows customers to invest in a variety of professionally managed options including money market, Treasury-backed securities, and short term investments, the company said in a news release. For those seeking even higher yields with high liquidity, Cash Builder+ accounts provide excellent rates for qualified deposits. The company has also introduced consumer accounts, a Passport account that lets them receive funds including direct deposits , pay bills, access ATMs and integrate with Apple, Google and Samsung wallets.These accounts are available through employers and other organizations that have a relationship with Priority. The accounts allow money
stanley termos to be moved quickly and seamlessly between the organization and its individual consti
stanley kubek tuents. Nothing rivals Passports simple integration, ease of use and functionality, said Priority CEO聽Tom Priore. With every enhancement, were perfecting the value of this powerful tool for businesses of all sizes. PYMNTS spoke last month with聽Albert Acevedo, senior vice president of
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While retail has never been an easy business, the shift from analog to digital retail over the last decade or so has made it incredibly challenging in many ways.In an interview held shortly before the launch of PayPal for Marketplaces, PayPal chief operating officer, Bill Ready, told Karen Webster that shift has also created a massive opportunity for the retailers, consumers and the commerce ecosystems that have emerged over the last decade.Narrowly speaking, its been a big opportunity for PayPal, which has seen its user base swell to聽218 million active users and 17 million merchants worldwide, as reported in its Q3 earnings.聽More broadly, its been a massive opportunity for merchants to tailor, personalize and perfect the level of their game, according to Ready 鈥?and for consumers to benefit from the depth and breadth of an evolving retail environment. We want to wake up in a world where theres a thriving retail environment, where there are many retail players supporting a dynamic commerce聽ecosystem, he said.In fact, PayPal acts as a catalyst and a democratizer of that retail env
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stanley quencher enabling access to the elements that are now essential to maintaining a competitive place in a dynamic retail ecosystem.PayPal for Marketplaces According to Ready, Marketplaces are already leveling the retail playing field by connecting buyers who have specific needs with a gro
stanley shop up of sellers that can meet them. Today, more than half of consumers who shop online make purchases on ma
