MiCamp Solutions, a recognized leader in payment processing solutions, and CapX Payments, an innovator in payment solutions, today announced a new cash discount program for merchants called WAVit. The program will allow merchants to drastically reduce their credit card processing fees and provides significant cost savings.

CapX Payments, a subsidiary of Prepaid Ventures, is a partnership of industry veterans bringing nearly 75 years of payments experience to market. “CapX Payments is excited about our new partnership with MiCamp and the revolutionary merchant solutions we will bring to market with our combined efforts. CapX specializes in investing in new niches in the payment space, and MiCamp’s partnership allows us to deliver on that motto. With the combined years of experience and unique product offerings in MiPoint and WAVit, our partnership will revolutionize the payment space,” says Paul Compton, President of CapX Payments.

Andrew Siden, CEO of Prepaid Ventures, added, “We are thrilled to have Paul and his team leading us, and the rest of the industry, as we bring much needed choice and change to the marketplace.” Micah Kinsler, President of MiCamp Solutions, echoed the CapX team’s enthusiasm by saying, “We’re excited to offer merchants a more cost-effective way to do business. With the cash discount program, merchants are able to keep more of the money they earn and can accept all the ways their customers would like to pay.”

About MiCamp Solutions:

MiCamp Solutions is a trusted leader for payment processing solutions in the restaurant, hospitality, and retail industries. Supported by extensive expertise, strong partnerships, and proven technologies, MiCamp Solutions offers the latest advancements in payment processing to increase security while optimizing business operations. For more information, visit micamp.com.

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