Adding to its growing portfolio of software integrations, the REPAY payment platform will offer convenient payment acceptance options for Paydit customers, spanning credit, debit, and ACH payment capabilities
Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY"), a leading provider of vertically-integrated payment solutions, today announced an integration with Paydit, a US-based provider of digitized and automated debt collection solutions. As part of the integration, Payditโs customers will be able to offer expanded payment options to match consumer payment-of-choice preferences, including credit, debit, and ACH payments, through Payditโs online portal.
Payditโs online platform is a modern, customer-centric solution for the debt negotiation process, automating everything from payment plan negotiation to status tracking and reporting. Through the REPAY integration, consumers will have a seamless, more convenient payment experience and Payditโs corporate customers will have access to a more robust system for reporting, tracking, and overall payments management. REPAYโs integration further enhances Payditโs commitment to transforming the collection process by offering personal customization and flexible payment options, designed for better overall outcomes for consumers and businesses.
โAs companies in the consumer finance, fintech, and credit union industries look for ways to improve the customer experience, convenient and fast payments continue to stand out as a powerful differentiator โ boosting customer satisfaction while also moving the needle for organizations that embrace them,โ said Susan Perlmutter, CRO at REPAY. โThrough our integration with Payditโs portal, their customers will be able to utilize a number of payment types that makes the debt reconciliation process easier, faster, more organized, and more efficient overall.โ
โREPAYโs expertise working across the payments landscape has been extremely helpful as we work to strengthen our product offering and deliver on our brand vision,โ said Richard Formoe, Co-Founder and CEO at Paydit. โWeโre confident that with REPAYโs seamless payments integration and ability to embed within our larger tech stack, weโll be able to address the needs of businesses and ensure a positive customer experience for our end users.โ
About REPAY
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAYโs proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers and businesses.
About Paydit
Paydit is a white-label, online debt collection platform that leverages AI and ML to empower consumers with a self-serving, digital debt negotiation experience available 24/7. Payditโs technology acts as a โVirtual Agentโ enhancing collections capacity.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211117005026/en/
Contacts
Investor Relations for REPAY:
repayIR@icrinc.com
Media Relations for REPAY:
Kristen Hoyman
khoyman@repay.com
