Copyright © 2014 Albuquerque Journal
An Albuquerque company that created what it says is the world’s first two-click system for buying things through email is now dancing with one of the biggest stars in the payment processing industry.
Heartland Payment Systems, a $2.1 billion publicly traded company that manages credit-card payments for some 300,000 merchants nationwide, signed a partnership agreement this month to promote the new email payment platform to all its clients.
The system, created by Albuquerque-based @Pay (pronounced “at-pay”), allows merchants to offer products and services through code-encrypted emails that permit recipients to buy things with just two clicks on their smartphone, or on any other online mobile device or computer.
“Heartland is a Fortune 1000 company that processes about 11 million transactions per day, or about $80 billion in transactions per year,” said @Pay President and CEO John Killoran. “It’s one of the five biggest payment processors in the country, and they’re now going to market us to all their merchants.”