San Francisco-based digital payments provider Sipree has rebranded itself as DigitalPay.
Concurrently, the company has announced new partnerships to expand instantaneous payout service.
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The new inclusions include digital debit card and around 250 retailer and grocery disbursement options.
DigitalPay chairman and lead investor Andy Sandler said: “DigitalPay is excited to be setting a new standard for consumer choice, convenience and speed that will greatly improve brand satisfaction.”
DigitalPay delivers Enterprise SaaS to expedite payouts. The company offers multiple payout options for several industry verticals including travel, legal services administrator, consumer rebate and the gig economy.
The company said that it particularly emphasised on these fours sectors as they possess the potentiality for payment growth. The service requires no app downloads or on-boarding.
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By GlobalDataDigitalPay CEO Chris Whipps said: “We think businesses should play by the same rules as consumers and send money instantly to a payee’s preferred endpoint.
“It’s the best-of-both worlds: consumers get money where they want it, when they want it and businesses get a positive brand experience that’s not been previously possible with traditional payments.
“I am thrilled to have our trusted partners in place to help us deliver on our promise of efficiency, cost savings, and customer delight from digital payments.”
