Latest news with #EricBernstein
Business Wire
15-07-2025
- Business
- Business Wire
retailcloud and Valor PayTech Announce Partnership to Deliver Seamless, Pre-Integrated Payment Solution
CONCORD, Calif.--(BUSINESS WIRE)--retailcloud, a leading provider of cloud-based retail management solutions, has announced a new strategic partnership with Valor PayTech, a technology company focused on innovative payment solutions. The collaboration introduces a pre-integrated hardware and software offering that simplifies deployment and enhances the in-store payment experience for retailers. 'The goal is to simplify operations at the point of sale' said Kevin Colaco, CEO and founder of retailcloud. 'By pairing our 6IX platform with the advanced capabilities of the Valor VP800, we're giving businesses a streamlined solution that is ready to go" Share The joint solution combines retailcloud's 6IX Everyday License with Valor's VP800 smart payment terminal. Together, they provide merchants with a plug-and-play experience that reduces onboarding time and eliminates common setup challenges. 'The goal is to simplify operations at the point of sale,' said Kevin Colaco, CEO and founder of retailcloud. 'By pairing our intuitive 6IX platform with the advanced capabilities of the Valor VP800, we're giving businesses a streamlined solution that is ready to go right out of the box.' The Valor VP800 is designed for high-volume retail environments and includes dual screens (8-inch user-facing and 5-inch customer-facing), an integrated thermal printer, and support for all major payment types including tap, insert, swipe, and QR code. With secure transaction processing and cloud-based file build capabilities, the device supports a wide range of business needs with minimal configuration required. 'At Valor PayTech, we are focused on building payment technology that helps our partners deliver better solutions to their merchants,' said Eric Bernstein, CEO of Valor PayTech. 'Our work with retailcloud is a perfect example of how smart integration can make payment acceptance easier and more efficient.' This partnership supports a broad range of use cases for independent software vendors (ISVs), value-added resellers (VARs), independent sales organizations (ISOs) and retailers looking for reliable, easy-to-deploy solutions. Businesses can benefit from lower support costs, faster time to market, and a more seamless experience for staff and customers. Availability The joint solution featuring the Valor VP800 terminal and retailcloud's 6IX Everyday License is now available through retailcloud's direct sales team and select channel partners. Businesses interested in learning more or scheduling a personalized demo can submit an inquiry at: About retailcloud retailcloud delivers modern point-of-sale and retail management tools that help businesses of all sizes operate more efficiently. The company's flexible, cloud-based solutions offer real-time insights, simplified workflows, and connected experiences that scale with a business's growth. About Valor PayTech Valor PayTech provides next-generation payment technology for ISOs, ISVs, and merchants. The company offers a full suite of payment solutions, including smart terminals and secure transaction processing, built to support the evolving needs of commerce.
Yahoo
22-05-2025
- Business
- Yahoo
Evolv and Valor Celebrate Existing Partnership in Payment Innovation
NEWBURGH, Ind., May 22, 2025 /PRNewswire/ -- Evolv, a leading provider of advanced payment acceptance solutions, is proud to spotlight its ongoing partnership with Valor PayTech, a premier point-of-sale (POS) technology provider. Since forming their strategic alliance in September 2021, the companies have collaborated to deliver powerful, customized payment solutions under the brand name EvolvPay, empowering merchants with seamless, cutting-edge technology. Founded in 1998, Evolv has built a reputation for helping merchants increase sales, reduce costs, and mitigate risk. Through its extensive network of banks, associations, and sales offices, Evolv delivers comprehensive payment products—including point-of-sale systems, gateways, and terminals. In 2017, Evolv further expanded its value proposition by investing in VIV, a digital marketing agency, allowing the company to offer integrated web development, social media management, and advertising services. Valor PayTech, a trailblazer in POS technology, brings global expertise with more than $2 billion in processed transactions, over 110 shopping cart integrations, and more than 250,000 connected devices worldwide. Known for tailoring their solutions to each processor's requirements, Valor provides merchants with flexible and forward-thinking payment technologies that evolve with industry trends. "Valor has been more than just a technology partner—they've been a vital contributor to our growth," said Allan Noe, CEO & President at Evolv. "By sponsoring our annual sales summit as a Platinum Partner for the past several years, they've not only supported our team but also deepened our understanding of their platform. This collaboration allows us to offer a fully branded, customized solution—EvolvPay—tailored specifically to the needs of our merchant clients." Eric Bernstein, CEO of Valor PayTech, added: "Evolv represents everything we value in a partner—customer-focused, growth-minded, and fearless when it comes to innovation. Working together, we've been able to bring a truly customized and scalable solution to market, and it's exciting to see how EvolvPay continues to raise the bar for what's possible in payment technology." Through shared innovation and mutual commitment to excellence, the Evolv–Valor partnership continues to redefine what's possible in the payment landscape. Together, the companies are delivering superior technology, exceptional service, and unmatched value to partners and merchants alike. For more information about Evolv, visit: more information about Valor PayTech, visit: View original content to download multimedia: SOURCE Evolv Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-05-2025
- Business
- Business Wire
FlexFactor and Valor PayTech Partner to Maximize Merchant Revenue and Reduce Payment Declines
JERICHO, N.Y.--(BUSINESS WIRE)--FlexFactor, the leading provider of real-time payment decline recovery solutions, today announced a strategic partnership with Valor PayTech, an innovative omnichannel payment technology provider. This collaboration enables merchants and ISOs using Valor PayTech's payment solutions to seamlessly activate FlexFactor's advanced decline recovery service, solving one of the industry's most costly challenges—payment declines. "Valor PayTech is a forward-thinking partner that shares our commitment to empowering businesses with technology-driven payment solutions. By integrating our real-time recovery technology into their platform, we are enabling merchants to maximize revenue." Share Declined transactions cost U.S. merchants an estimated $300 billion per year in lost revenue. FlexFactor's AcceptIQ platform harnesses cutting-edge AI and predictive analytics to automatically recover up to 30% of customer transactions that are mistakenly rejected. With this integration, ISOs and merchants using Valor PayTech's platform can dramatically reduce lost sales, increase customer retention, and enhance lifetime value—all without introducing friction into the payment process. "Merchants and ISOs need seamless, intelligent solutions that drive revenue without adding operational complexity," said Elio Vitucci, CEO of FlexFactor. "Valor PayTech is a forward-thinking partner that shares our commitment to empowering businesses with technology-driven payment solutions. By integrating our real-time recovery technology into their platform, we are enabling merchants to maximize revenue effortlessly and strengthen customer relationships." "At Valor PayTech, we are committed to providing payment solutions that enhance merchant profitability and streamline operations," said Eric Bernstein, CEO of Valor PayTech. "Partnering with FlexFactor allows us to take our platform to the next level by ensuring that merchants don't lose revenue due to unnecessary payment declines. Together, we are delivering a best-in-class solution that benefits ISOs, merchants, and their customers alike." With the Valor PayTech integration, merchants can: Recover up to 30% of failed transactions in real-time Increase revenue without changing their existing payment flow Deliver frictionless customer experiences Improve retention and lifetime value with a frictionless recovery experience FlexFactor remains the only market leader offering real-time, post-authorization recovery for both one-time and subscription-based transactions. This partnership cements both companies' positions at the forefront of payment innovation, providing ISOs and merchants with unparalleled tools to optimize transaction success rates. The integration is now available to all merchants using Valor PayTech's payment solutions. About FlexFactor FlexFactor is the industry-leading payment recovery platform, transforming declined transactions into revenue in real-time. Leveraging AI-driven technology and predictive modeling, FlexFactor enables merchants to recover lost sales without friction or additional costs. Covering all decline codes for both purchases and subscriptions, FlexFactor returns up to 20% in annual revenue for its customers. Learn more at About Valor PayTech Valor PayTech provides innovative omnichannel payment solutions designed to empower ISOs, ISVs, and merchants with cutting-edge technology. Offering seamless integrations, real-time analytics, and multi-platform payment acceptance, Valor PayTech helps businesses optimize revenue and enhance customer experiences. Learn more at
