With the relaunch, Onyx CenterSource officially retires the names Onyx Payments as well as Net Trans Services and Worldwide Payment Systems, companies it acquired in recent years. "While it is time to retire these brands and move forward under Onyx CenterSource, our customers will continue to benefit from the people, products and services associated with those groundbreaking platforms," said Onyx CenterSource CEO Mark Dubrow. "We've transformed over the last few years, first being spun off from Pegasus Solutions in 2013, winning significant new clients as Onyx Payments and more recently acquiring two companies to greatly expand our market coverage to new and existing customers around the globe," he said."In recognition of this evolution and based on feedback from our customers, we decided it was time to better reflect our market position with a brand name that conveys our position as a center point within our industry – a name that will also take us into the future as we continue to grow." Dubrow said the reason behind the rebranding is twofold: "First, as we've evolved from primarily issuing commission payments on behalf of hotels to also serving the commission-recovery needs of travel agencies, the descriptor 'payments' was no longer fully representative of our suite of offerings. Get the full story at Onyx CenterSource