RevenueWire
RevenueWire has provided payment and performance marketing services for clients around the globe for 15 years. Now RevenueWire has launched a Visa registered ISO called PayMotion, which is sponsored by US financial services powerhouse, Wells Fargo.
Finalist for:
Product of the Year
Interviewee: Omar Sequera
What’s your company’s story?
RevenueWire has provided global payment processing services for ecommerce merchants for over a decade. In the last two years, RevenueWire has been re-developing its payment platform to achieve the designation of a Registered ISO, sponsored by Wells Fargo. This new ISO-enabled payment platform is called PayMotion.
PayMotion provides merchants with an end-to-end ecommerce solution to open their own merchant account, enable secure checkouts and automate transactional emails, all under a merchant-branded user experience at every touchpoint. The PayMotion platform also comes with built-in tax automation, fraud prevention applications and chargeback mitigation tools, allowing SMBs with bootstrap budgets access to big-business ecommerce tools at no upfront cost. All of this translates into more revenue for our merchants.
Who do you work with? What are some interesting projects you’re involved in?
RevenueWire works with some of the best payment partners in the world. We have relationships with upstream processors such as Wells Fargo, PayPal and PayVision in three regions around the world. We also work with the industry’s leading providers for fraud prevention, chargeback mitigation, tax automation, PCI compliance and KYC requirements, all supported by our multi-region infrastructure through AWS. To become a Registered ISO this past year meant RevenueWire had to change a number of business practices from how our technology works to how the business onboards merchants and monitors transactions. These changes have helped put RevenueWire and the PayMotion platform in the top echelon of payment service providers in the US, Canada and the EU.
What are you most proud of in the work that you do?
We’re most proud of achieving the Registered ISO status this past year. This is no small feat and took us nearly two years and significant investment. We’ve created a superior payment platform with easy onboarding that allows our clients to obtain a merchant account and start processing transactions globally in a matter of days (versus months). Our clients also benefit from our years of experience to significantly improve approval rates, conversion rates, as well as chargeback prevention and revenue recovery. All of this translates into more money in our client’s pocket.
If your team had a theme song, what would it be and why?
The song, chosen by our entire staff is “The Eye of the Tiger” by Survivor. Why?
We’re all about rising up, back on the street, succeeding at hard goals. Overcoming adversity, hanging tough and staying hungry. We really feel like the cream of the fight, rising up to the challenge of our rivals.
What are some hopes and dreams for your company?
PayMotion’s mission is to democratize big-business payment technology by making it readily available for SMBs with bootstrap budgets, at no upfront cost.
We hope to help ecommerce businesses sell more online through a combination of our platform capabilities and our white-glove service and expertise. We’re happiest when our clients are happy with our performance.
Why is Victoria a great spot for your organization?
Victoria is one of the best places to live and work in the world. Not only do we get to attract amazing talent to work with a global business, but we get to live in the most beautiful city in the world with the best outdoor playground right at our door. Where else would you find mild temperatures, beautiful scenery and plenty of interesting opportunities, without the two hour morning commute?
Nicknamed “Tectoria”, technology is our city’s #1 industry and helps to bring an energetic and creative vibe to the city, along with the excitement that comes from a startup culture. All of this is wrapped in a locale that has great vintage stores and hip coffee shops, epic hikes and artisanal breweries, ocean adventures and dozens of festivals. All while cycling to the office – year round!