Everyware, a company redefining payment processing and customer engagement via two-way text communication, has been selected as one of the Payments’ NexTen Innovators to work on solving critical challenges facing the industry at this year’s TRANSACT. The event will take place at Mandalay Bay Convention Center in Las Vegas from April 30th to May 2nd.  

TRANSACT is a show focused solely on the business of payments technology. Powered by Electronic Transactions Association (ETA), the world’s largest payments industry trade group, TRANSACT is the place where financial institutions, networks, payments companies, fintech and technology innovators gather to make the deals that shape the industry.

“We are inspired by the remarkable slate of companies participating in the Payments’ NexTen at TRANSACT,” said ETA Interim CEO Amy Zirkle.The entire ecosystem will benefit from their new and innovative approaches. We look forward to showcasing them on the show floor at TRANSACT and we are eager to see what they do next.”

Everyware will be exhibiting at TRANSACT’s WorldPay NexTen Zone with the opportunity to pitch and receive comprehensive feedback from a panel of industry mentors. This event will allow the company to work alongside other innovative industry players. There will also be exclusive networking opportunities with startups, investors, and leading payment industry executives.

“Consumers are going to demand a fast, simple and secure text payment solution,” said Larry Talley, CEO and Founder of Everyware. Our Pay-By-Text solution is taking mobile payments to a whole new level of convenience and speed with over 100 million dollars already collected in payment transactions using our one simple click to purchase technology.”

Everyware is solving problems for the payment industry by incorporating text communication with payments. The company offers a faster and more convenient way to collect payments utilizing its Pay-By-Text solution. This provides merchants with the tools to automate collecting payments via text. Consumers can securely make a payment on their phone without talking to anyone and it allows consumers to text back any questions to help drive the adoption of contactless payments.

The digitization of daily life is making connected devices and phones the preferred payment tools for consumers. At the event, Everyware will discuss how the adoption of contactless payments in the U.S. market can be increased utilizing its pay by text solution, both on the consumer side as well as the merchant side. Other topics to be discussed at the event include Facial Recognition/Biometrics, Internet of Things (IoT), Data, and Artificial Intelligence/Machine Learning.

Disclosure: This article includes a client of an Espacio portfolio company