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Velo Payments and YapStone customers will benefit from faster payments and reduced transaction fees, delivered via a unified advanced global payment management system built on innovative technologies, including Open Banking, agnostic rails, and robust fraud prevention. Under Villante’s direction, YapStone developed innovative solutions for property management software integration and payment processing. Velo Payments and YapStone customers will “benefit from faster payments and reduced transaction fees, delivered via a unified advanced global payment management system built on innovative technologies, including Open Banking, agnostic rails, and robust https://scamforex.net/ fraud prevention.” Through technologies such as Velo’s open banking platform, this merger promises “to deliver seamless global payment experiences for businesses and individuals by reducing the cost and complexity of payments, especially across borders.” Its platform enables businesses to collect payments online and offline while allowing anyone to pay from their mobile money, local and international cards, and directly from their bank. The company offers services including voice-assisted payments, digital billing, and merchant payment solutions.
Tune in to hear Michael explain why they tweak their pricing model often, what they do to double their revenue each year, and the tactics that got them their first hundred customers. In today’s xcritical cheating episode, I share the mic with Michael Mandel, the CEO of CompStak, a crowd-sourced real estate information site for real estate brokers to trade comps online. It was founded in 2004 and is based in Nairobi, Kenya. It was founded in 2007 and is based in Paris, France. It was founded in 2013 and is based in Bengaluru, India. It was founded in 2011 and is based in Toronto, Ontario.
With its wide range of features and services, Yapstone makes it easy for customers to make secure payments quickly and conveniently while providing merchants with the insights they need to better understand their customers. From online payments, to in-store payments and more, Yapstone makes it easy for customers to make secure purchases quickly and conveniently. Velo Payments, Inc. is acquiring YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment. YapStone’s growth from a startup to processing billions in payments demonstrates Villante’s ability to scale businesses effectively. The company’s success stems from its focus on specific market verticals and creating efficient payment systems for traditionally check-based transactions.
With a track record of delivering secure, seamless payment experiences, Yapstone has established itself “as a trusted partner for businesses operating in the STVR marketplace.” As mentioned in the announcement, YapStone, Inc. claims it is “the leading payment processing platform catering to the unique needs of the short-term and vacation rental industry.” The definitive merger agreement signifies “a strategic alignment of vision and technology, combining Yapstone’s established payfac and MSB licensure with Velo’s complex disbursements platform for e-commerce and marketplace business models.” Velo Payments, Inc. is acquiring YapStone Inc., a payment processing platform in the short-term and vacation rental industry, known for its payment solution,
- Velo Payments and YapStone customers will benefit from faster payments and reduced transaction fees, delivered via a unified advanced global payment management system built on innovative technologies, including Open Banking, agnostic rails, and robust fraud prevention.
- Yapstone also offers a range of integration tools to make it as simple as possible for businesses to integrate their existing sites or apps with the platform.
- YapStone is included in 4 Expert Collections, including Fintech 100.
- Their product suite encompasses everything from custom-branded cards to mobile payment technologies, all designed to streamline payment mechanisms for users.
- This development adds another dimension to Villante’s public profile, which has historically been focused primarily on his business achievements and financial ventures.
Q: How much is Tom Villante have net worth in 2025?
Yapstone, Inc. is known for providing payment processing services, particularly for the property management and hospitality industries. Businesses and clients were set to be connected to hyperlocal payment methods in new areas, regions, and markets around the world, which enabled them to offer customers improved financial control. These are set to be delivered via a unified advanced global payment management system, which was designed on multiple effective technologies, such as Open Banking, fraud prevention and fraud detection services, and agnostic rails. Yapstone is the leading payment processing platform for the vacation rental industry.
TouchBistro serves the restaurant sector, including full service, fine dining, family style, multi-unit, quick service, fast casual, bar, club, and brewery establishments. It was founded in 2016 and is based in London, England. It was founded in 2009 and is based in Santa Clara, California. YapStone is included in 4 Expert Collections, including Fintech 100. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
The company prioritizes flexibility and customization, allowing merchants to select services tailored to their specific needs. Overall, Yapstone’s pricing structure varies based on the specific services used and the volume of transactions processed. By leveraging APIs, they aim to create customizable payment experiences while ensuring secure handling of sensitive financial data.
This acquisition is about building a better future—for your business, your hosts, and your customers. As the short-term rental market expands globally, we’re ready to scale with you. STR businesses rely on complex fund flows—split payouts, cross-border transfers, revenue sharing, and beyond.
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Furthermore, the enterprises also prioritise the process of building safe and customer-centric services that reduce the complexity and the difficulty of payments. Following this announcement, the customers of both Velo Payments and YapStone will be given the possibility to benefit from faster and more secure payments, as well as reduced transaction fees. Their solution provides property owners, booking platforms, and hosts with an integrated way of accepting payments. The challenges of the STR industry are complex, but we believe payments don’t have to be. The STR industry thrives on innovation, and payments should do the same. By bringing Yapstone into the Velo family, we are uniting two companies that have spent years serving this industry, solving complex challenges, and helping businesses like yours grow.
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Whether you’re a property manager, a platform operator, or a host, the ability to handle payments quickly, reliably, and securely can make all the difference. At Velo, we know that payments are the backbone of a thriving short-term rental business. Yapstone also provides a range of additional services including merchant accounts, virtual terminals, digital wallets, customer loyalty programs, and more. Yapstone’s cross border payment technology eliminates the need for currency conversion and ensures a seamless transaction process between buyers and sellers.
- This fee may cover the costs of compliance and other administrative services.
- With its technology, Yapstone supports recurring billing, offering robust fraud detection and compliance features that address industry-specific payment challenges.
- The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
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- Additionally, developers can access detailed documentation and resources for troubleshooting and debugging.
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With a track record of delivering secure, seamless payment experiences, Yapstone has established itself as a trusted partner for businesses operating in the STVR marketplace. About YapStoneYapStone, Inc. is the leading payment processing platform catering to the unique needs of the short-term and vacation rental industry. The definitive merger agreement signifies a strategic alignment of vision and technology, combining Yapstone’s established payfac and MSB licensure with Velo’s leading complex disbursements platform for next-generation e-commerce and marketplace business models. SAN FRANCISCO, Aug. 16, 2023 /PRNewswire/ — Velo Payments, Inc. is acquiring YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment. Step-by-step guide explains the process, platforms, and benefits of using orchestration in payments.
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This development adds another dimension to Villante’s public profile, which has historically been focused primarily on his business achievements and financial ventures. The company became profitable within two years of operation and maintained growth without additional funding for 11 years, showcasing strong financial management. He actively participates in industry discussions and maintains relationships with competitors to stay informed about market developments. The company’s initial focus on rent payments expanded to include vacation rentals and sharing economy transactions. YapStone’s success is reflected in its processing volume, handling over $18 billion in online and mobile payments annually.
Learn how to make your own payment processor, from business model and licensing to tech setup, compliance, and white-label solutions. After the application has been reviewed and approved, you’ll be able to access the YapStone platform and start accepting payments right away. What’s more, businesses can also take advantage of Yapstone’s free tools like tracking links, customizable invoices, and automated notifications to help them streamline their payment processes. Developers can use Yapstone’s API to quickly integrate the platform into their existing systems, allowing them to benefit from its full range of features and services. Yapstone also offers a range of integration tools to make it as simple as possible for businesses to integrate their existing sites or apps with the platform. Whether you’re a small business or an enterprise, Yapstone is the perfect platform for all your payment needs.
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For more information, go to xcritical.com or follow us @xcritical on LinkedIn, Twitter, and Facebook. Whether it’s powering multi-party transactions or accepting local payment methods in emerging markets, Yapstone cuts through the payment complexities to enable commerce worldwide. Yapstone, a leading provider of payment solutions, announced today that it has undergone a major rebrand. Overall, Premier One Payments positions itself as a versatile player in the payment processing landscape.
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The STR industry has never been more dynamic.
Velo Payments to Acquire YapStone and Revolutionize the Payments Landscape
Under his leadership, the company evolved into a major player in the payment processing industry. This financial sector experience gave him deep insights into payment processing and market opportunities. Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockxcritical, online lending, and other forms of Fintech.
And with Yapstone’s commitment to innovation and service excellence, customers can rest assured that their data is safe and secure at all times. In addition, Yapstone offers a mobile app for both iOS and Android devices, allowing customers to complete transactions in just a few taps. The platform is also backed by a team of dedicated support professionals who are available to assist users with any issues that arise. Benefits of using the platform also include easy integration with existing ecommerce stores, as well as robust fraud protection features. The business mogul and Frankel were seen holding hands and sharing smiles throughout their evening, marking their first public appearance together. His membership in the Young Presidents’ Organization (Santa Monica Bay chapter) reflects his commitment to leadership development and community engagement.

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