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September 9, 2020

REPAY partners with ABCoA to enhance card payment acceptance and processing

By Johney Amala

REPAY Holdings, a financial technology and payment processing firm, has partnered with Advanced Business Computers of America (ABCoA) to enhance card payment acceptance and processing.

REPAY, as an integrated partner, will enable companies using the ABCoA Deal Pack platform to securely accept debit cards, credit cards, and ACH payments via its payment channels.

ABCoA Deal Pack is an end-to-end software solution for the automotive and financial industries. It is designed to help automotive dealerships and finance companies avoid duplication efforts throughout their workflows, and remain compliant.

The integration is expected to scale up the performance and user experience of subprime automotive and finance companies by avoiding payment entry duplication.

It is also said to save time, minimise error rates, and provide lower overall processing rates on recorded transactions.

REPAY chief revenue officer Susan Perlmutter said: “We are excited to be working alongside ABCoA Deal Pack to further enhance the overall user experience on their platform for those working to process payments within the automotive and financial industries.

“Providing clients with a straight forward payment processing solution is not only convenient for them, but also benefits the end-user as well. When businesses are able to eliminate legacy processes and duplication, they’re likely to witness an increase in workflow efficiency and overall client satisfaction.”

ABCoA president Jonathan Hedy said: “ABCoA Deal Pack takes pride in selectively integrating with best-in-class service providers.

“REPAY has and will remain an industry leader, bringing feature-rich and cost-saving services to our mutual clients. Omni-channel payment innovation and automation are vital to customer success, and our integration ensures a seamless workflow between our platforms.”

Last year, Repay Holdings launched its instant funding product in Canada. The service allows lenders to transfer funds directly to eligible Visa cards through Visa Direct-enabled electronic transactions.

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