United Thinkers and PayVisors Announce 2016 as a Record Year in Legacy Payment Technology System Replacements with UniPay Platform

United Thinkers jointly with PayVisors complete the year 2016 with a record number of EnterpriseLegacy Payment Technology Systems replacements with the UniPay Payment Management Platform. 

New York, NY – (December 6, 2016): United Thinkers, a New-York based commercial open-source Payment Management Software provider along with PayVisors, successfully completed a record number of legacy payment technology replacement projects in 2016.

This year a record number of businesses have chosen the UniPay Payment Management Platform as an alternative to their existing legacy payment processing platforms. As enterprise payment processing needs expand and consumers demand more options, large organizations feel the need to replace their technology and improve their enterprise payments ecosystem.

The advantages to upgrading to UniPay include reduced maintenance costs, simplified compliance, allowing funding and reporting to be more transparent, the platform also provides extended branding capability, as well as the ability to expand internationally and support multi-currency processing.  The platform consists of an extensive set of features, including merchant on-boarding, chargeback management, sub-merchant funding and remittance as well as availability of EMV-certified cloud-based terminal and mobile vendor-agnostic solutions.

“Most companies are looking for a better payment processing solution these days”, says PayVisors president, Chad Roll.“the biggest obstacle to innovation in payments is the legacy technology currently in place, we are glad to be able to offer a modern enterprise solution that improves the payments ecosystem.” 

UniPay is the only commercial open-source omni-channel payment processing platform available worldwide, that offers On Premise License and Hosted Solutions, the platform has become increasingly popular among Enterprise Merchants, Payment Facilitators, Software Companies and Third Party Payment Providers. A standardized UniPay based legacy technology replacement offering, designed especially for Enterprise Merchants, should also be available next year.

“As we conclude this year, we are happy to acknowledge the growth of the functionality range of our product. We’ve worked hard to meet the demand and thus we now have a more streamlined process that allows rapid implementation of UniPay in payment ecosystem environments as well as simplified migration”, says United Thinkers president, Eugene Kipnis. “We are looking forward to working with PayVisors on implementation of more and more legacy payment technology replacement projects in 2017”  

While several payment facilitators and enterprise companies implemented UniPay on premises in their ecosystems, many software vendors, technology companies, and franchise businesses made integrations with existing deployments of UniPay, including implementation of the new revolutionary terminal cloud solution.

Paul Schaller CEO of one of the early UniPay licensee’s ABC Financial, offered this comment, “We have believed in the UniPay solution from the very beginning. We are very excited about the future of the product and look forward to continued expansion of our use of UniPay.” 

Find out more information at #UniPayGateway website.

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