PaymentsSignaPay’s PayLo Celebrates 5th Anniversary

PRNewswire PRNewswireSeptember 24, 20214 min

SignaPay, a leading merchant services and payment solutions provider recently celebrated the five-year anniversary of its revolutionary PayLo program, a technology that provides merchants the ability to assess a uniform customer service fee to every sale made while remaining compliant with all applicable state laws and card brand regulations.

Today, PayLo continues to be the payment industry’s most recognized and reputable cash discount/service fee solution working with a vast array of retail and e-commerce merchants nationwide.  SignaPay continues its rapid growth servicing more than thirty thousand merchants nationwide with SignaPay remote offices in cities throughout the United States.

Over the past five years PayLo has celebrated many accomplishments –

  • September 2016 – Initial roll out through our Los Angeles SenorPay Office
  • January 2017 – Boarded our 500th PayLo Merchant
  • February 2018 – Boarded our 10,000th PayLo Merchant
  • March 2018 – Opened our SignaPay SouthEast Office
  • December 2019 – Opened our SignaPay MidWest Office
  • April 2020 – Boarded our 25,000th PayLo Merchant

“When I think back to our initial roll out, we knew we had a dynamic product that would set the benchmark for the industry to follow said Matt Nern, Managing Partner and SVP of Sales and Marketing for SignaPay.  I believe our growth is in large part due to the collective contributions, energy and vision the company shared as a whole.”

SignaPay’s commitment to empowering merchants through payment technology continues to evolve as does the payments landscape.  Through additional hardware offerings, gateway partnerships and guidance from a number of regulatory agencies PayLo too continues to evolve to meet the ever changing dynamics of a fast paced, technology driven industry.

Said John Martillo, Founder and CEO of SignaPay, “As we celebrate these past five years, we’ve understood that throughout this growth, this journey, PayLo would continue to evolve as does any successful entity or product.  Our continued focus on recognizing this will further drive our growth and we’re looking forward to what’s ahead.”

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