{"id":417730,"date":"2021-01-20T08:33:20","date_gmt":"2021-01-20T13:33:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=417730"},"modified":"2021-01-20T08:33:20","modified_gmt":"2021-01-20T13:33:20","slug":"repay-scales-b2b-payments-offerings-with-billtrust-partnership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/repay-scales-b2b-payments-offerings-with-billtrust-partnership\/","title":{"rendered":"REPAY Scales B2B Payments Offerings with Billtrust Partnership"},"content":{"rendered":"

<\/p>\n

REPAY Scales B2B Payments Offerings with Billtrust Partnership<\/b><\/p>\n

Technology integration accelerates<\/i>REPAY\u2019s virtual credit card adoption, enabling B2B customers to easily automate electronic payments to thousands of suppliers on Billtrust\u2019s Business Payments Network<\/i><\/p>\n

ATLANTA–(BUSINESS WIRE<\/a>)–Repay Holdings Corporation<\/a> (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Billtrust (NASDAQ: BTRS)<\/a>, a B2B accounts receivable automation and integrated B2B payments leader. Through REPAY\u2019s participation in Billtrust\u2019s Business Payments Network (BPN), REPAY\u2019s corporate customers will instantly gain the ability to automate electronic payments to Billtrust\u2019s vast network of suppliers, distributors and vendors \u2013 both accelerating and simplifying the payment process, while also further scaling adoption of virtual credit cards.\n<\/p>\n

\nTraditionally, business buyers must work with each supplier individually to collect, verify, and securely store bank data in order to send payments electronically. REPAY\u2019S B2B offerings, which include those from recent acquisitions, cPayPlus<\/a> and CPS Payment Services<\/a>, help automate those connections for tens of thousands of vendor relationships. The integration with Billtrust will expand REPAY\u2019s reach to several thousand additional suppliers on the BPN, immediately streamlining the payments process for both buyers and their suppliers and enabling payments to be sent in the companies\u2019 preferred formats, including virtual credit cards.\n<\/p>\n

\n\u201cOur goal is always to help our customers simplify and optimize their vendor payments by automating payments through a single interface. We believe our partnership with Billtrust will significantly bolster the adoption of electronic payments to suppliers who participate in the BPN,\u201d said Darin Horrocks, Senior Vice President, B2B, at REPAY.\n<\/p>\n

\n\u201cThe service and supplier industry has seen an acceleration in adoption and preference of digital payments to streamline efficiencies and reduce costs related to the invoice-to-cash process,\u201d said Nick Babinsky, Senior Vice President and General Manager, Business Payments Network at Billtrust. \u201cConsidering REPAY\u2019s powerful payment automation platform and virtual card capabilities, this partnership was a natural fit. Their B2B customers will now be able to instantly leverage the extensive and continually growing Billtrust network of suppliers.\u201d\n<\/p>\n

About Billtrust<\/b><\/p>\n

Billtrust<\/a> (NASDAQ: BTRS) is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. Accounts receivable is broken and relies on conventional processes that are outdated, inefficient, manual and largely paper based. Billtrust is at the forefront of the digital transformation of AR, providing mission-critical solutions that span credit decisioning and monitoring<\/a>, online ordering<\/a>, invoice delivery<\/a>, payments and remittance capture<\/a>, invoicing<\/a>, cash application<\/a> and collections<\/a>. For more information, visit Billtrust.com<\/a>.\n<\/p>\n

About REPAY<\/b><\/p>\n

REPAY<\/a> provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY\u2019s proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers and businesses.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210120005132\/en\/<\/a><\/span><\/p>\n

\nInvestor Relations Contact for REPAY:
\n
repayIR@icrinc.com<\/a><\/p>\n

\nMedia Relations Contact for REPAY:
\n
Kristen Hoyman
\n
khoyman@repay.com<\/a><\/p>\n

KEYWORDS:<\/b> Georgia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Finance Security Banking Accounting Professional Services Software Networks Data Management<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

REPAY Scales B2B Payments Offerings with Billtrust Partnership Technology integration acceleratesREPAY\u2019s virtual credit card adoption, enabling B2B customers to easily automate electronic payments to thousands of suppliers on Billtrust\u2019s Business Payments Network ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated B2B payments leader. Through REPAY\u2019s participation in Billtrust\u2019s Business Payments Network (BPN), REPAY\u2019s corporate customers will instantly gain the ability to automate electronic payments to Billtrust\u2019s vast network of suppliers, distributors and vendors \u2013 both accelerating and simplifying the payment process, while also further scaling adoption of virtual credit cards. Traditionally, business buyers must work with each supplier … <\/p>\n

Continue reading “REPAY Scales B2B Payments Offerings with Billtrust Partnership”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-417730","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nREPAY Scales B2B Payments Offerings with Billtrust Partnership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/repay-scales-b2b-payments-offerings-with-billtrust-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REPAY Scales B2B Payments Offerings with Billtrust Partnership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REPAY Scales B2B Payments Offerings with Billtrust Partnership Technology integration acceleratesREPAY\u2019s virtual credit card adoption, enabling B2B customers to easily automate electronic payments to thousands of suppliers on Billtrust\u2019s Business Payments Network ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated B2B payments leader. Through REPAY\u2019s participation in Billtrust\u2019s Business Payments Network (BPN), REPAY\u2019s corporate customers will instantly gain the ability to automate electronic payments to Billtrust\u2019s vast network of suppliers, distributors and vendors \u2013 both accelerating and simplifying the payment process, while also further scaling adoption of virtual credit cards. 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