REPAY scales B2B payments offerings with Billtrust partnership

Thursday 21 January 2021 12:41 CET | News

Repay, a provider of vertically-integrated payment solutions, has announced a technology integration with Billtrust, a B2B accounts receivable automation and integrated B2B payments company.

According to the press release, through REPAY’s participation in Billtrust’s Business Payments Network (BPN), REPAY’s corporate customers will instantly gain the ability to automate electronic payments to Billtrust’s vast network of suppliers, distributors and vendors – both accelerating and simplifying the payment process, while also further scaling adoption of virtual credit cards.

Traditionally, business buyers must work with each supplier individually to collect, verify, and securely store bank data in order to send payments electronically. REPAY’S B2B offerings, which include those from recent acquisitions, cPayPlus and CPS Payment Services, help automate those connections for tens of thousands of vendor relationships. 

Furthermore, the integration with Billtrust will expand REPAY’s 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’ preferred formats, including virtual credit cards.

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Keywords: repay, Billtrust, business partnership, B2B payments, electronic payments, virtual credit cards
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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