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Spire Launches Pay with Spire, a Merchant-Branded Pay-by-Bank Solution at the Point of Sale

Summary by GlobalFinTechSeries

Spire’s exclusive collaboration with Discover® facilitates ACH transactions at the point of sale, enabling the same experience and convenience of credit and debit cards while significantly lowering processing fees Former Apple executive Matt Brennan joins company as Chief Executive Officer Spire, the ultimate payment solution for everyday spend, has launched its new Pay with Spire platform that leverages Discover Network to deliver the first-ev…

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Digital Transactions

‘Debit With Benefits’ Debuts As Spire Launches Its Pay by Bank Service - Digital Transactions

What may be the first merchant-branded, automated clearing house-based pay-by-bank service has launched. Pay with Spire Inc., a Dallas-based payments provider, says its new Pay with Spire platform enables merchants to accept pay-by-bank transactions with no integration and at lower acceptance costs than credit or debit cards. Spire says the pay-by-bank service, which it touts as “debit with benefits,” is available now and in use at more than 55,…

4 days ago

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