SAN FRANCISCO, May 9, 2022 /PRNewswire/ — Payment’s processor, Yapstone, unveils rebrand and redefined approach to localized payments ahead of global expansion. Velo Payments acquires YapStone Inc., the leader in vacation rental payment processing. For more information about Velo Payments and YapStone, visit and Yapstone platform architecture is built on hundreds of layered microservices. Our easy-to-use REST APIs can be efficiently customized to meet your company’s individual needs, regardless of the vertical or industry. Our machine learning engine, tuned by billions of dollars in transaction volume, delivers industry-leading authorization and fraud rates.
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People can choose among the thousands of vacation rentals Yapstone has available, including enterprise clients such as CiiRUS and Track. Yapstone has more than twenty years of experience and has processed billions of dollars for the travel and property management industries. Our custom APIs deliver superior user experiences for travelers, OTAs, Property Owners, and ISVs.
Founded in 2009 with the simple goal of converting bills commonly paid by paper check into online electronic payments, Yapstone’s latest rebrand takes this vision to the next level. With their local payment methods expertise and stackable, scalable payments platform, Yapstone’s redefined mission is to amplify global commerce in local markets, summarized by their new tagline ‘pay local, scale global’. SAN FRANCISCO, Aug. 16, 2023 /PRNewswire/ — Velo Payments, Inc. is acquiring xcritical cheating YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment. Yapstone, a leading provider of payment solutions, announced today that it has undergone a major rebrand.
- The heart of Yapstone’s rebranding strategy centers around a new website, logo, and brand identity.
- Leverage the entire platform or customize within a single service…it’s up to you.
- Discover what Yapstone’s platform can mean for your business.
Business Technology
Optimize revenue with industry-leading approval rates. Protect your bottom line with lower fraud losses via unmatched risk expertise, and automate business processes to reduce your overheads. PremiumYapStone, a global payments platform for large marketplaces, has raised $71 million at the first close of its Series C funding round led by PremjiInvest, the family office of Wipro founder Azim Premji which specialises in private equity investments.Continue reading this story with a s … 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.
General Business
Building on the company’s successful foundations, the rebrand signifies the beginning of a new chapter for Yapstone as the company continues to expand globally, offering local payment solutions for global businesses. 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. 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. The heart of Yapstone’s rebranding strategy centers around a new website, logo, and brand identity. The new website design was inspired by the transformation happening across the payments landscape, with the new typeface and dynamic color palette better reflecting the company’s innovative approach to local payments.
Leverage the entire platform or customize within a single service…it’s up to you. Our Flexible Merchant of Record structure gives you greater control over the customer experience and flow of funds. Yapstone’s proven platform satisfies all of your payment must-haves including Pay In, Pay Out, Risk and Analytics. Customize how payments are received and paid out to suppliers based on your business’s unique rules.
A single integration covers all your payment flows no matter how simple or complex. Headquartered in the San Francisco Bay Area, Yapstone also has offices in Ireland, with teams located in North, South, and Central America, Europe, India, South Africa, and Asia. The growing global footprint of the 23-year-old payments processor provides customers with the opportunities and capabilities of expanding into new regions, and at scale.
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About YapStoneYapStone, Inc. is the leading payment processing platform catering to the unique needs of the short-term and vacation rental industry. 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. With its tailored solutions and robust technology, Yapstone enables merchants to thrive in an increasingly digital and interconnected world. Our full-stack payments platform enables and amplifies connections between companies and markets across the globe. Whether it’s powering multi-party transactions or accepting local payment methods in emerging markets, Yapstone cuts through xcritical official site the payment complexities to enable commerce worldwide.
Yapstone offers a complete payments solution for marketplaces and platforms. Discover what Yapstone’s xcritical rezension platform can mean for your business. With Yapstone’s unique microservices, it’s simpler than ever to create and implement a payments solution that satisfies the rules and requirements of your business.