US-based integrated payment solutions provider Repay Holdings has joined forces with Sage 500 – a complete enterprise management solution designed to streamline the operations of merchants.
The partnership entails technology integration between the two companies.
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The integration, accessible via APS, a REPAY company, enables merchants to accept B2B payments with Level 3 processing.
This is said to save time as well as money.
The APS Payments Sage 500 solution is available to merchants for free.
It helps merchants to tokenise credit card data to simplify PCI compliance.
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By GlobalDataThey will be able to receive Level 3 B2B payments in Sage 500 via APSPAYS Payment Gateway, enabling Level 3 data processing at reduced rates.
Repay chief revenue officer Susan Perlmutter said: “We have experienced a digital shift in user behaviour, increasing the demand for B2B payment processing technology and accessibility.
“Our new integration with Sage 500 will allow businesses to eliminate legacy processing techniques, including manual data entry and discovery, enabling them to drive quick, frictionless experiences with the best possible rates.”
Repay has integrations with Sage 100 and Sage 300 solutions as well.
Developments at Repay
Last month, Repay acquired accounts payable automation provider cPayPlus for $16m.
With focus on multiple industries such as automotive, property management, and field services, cPayPlus managed over 26,000 enrolled supplier relationships at the time of the deal.
In June this year, cloud-based software solutions provider Inovatec Systems partnered with Repay to improve payment services for lenders.
The partnership will enable lenders and finance companies on the Inovatec system to accept debit cards, credit cards and ACH payments through Repay’s payment channels.
Earlier in 2020, Repay acquired Ventanex, which offers integrated payments solutions to consumer finance and B2B healthcare verticals.
The Ventanex platform enables clients to manage their inbound and outbound payments through a single portal. The system allows customers to transact in several payment types including cheque, debit card, credit card and ACH.
