REPAY Expands eCash Payment Acceptance Capabilities for Bill Pay and Loan Installments
2023年8月24日 - 8:30PM
ビジネスワイヤ(英語)
Digital cash acceptance simplifies the cash
payment process to increase customer satisfaction and on-time
payments
Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading
provider of vertically-integrated payment solutions, today
announced the expansion of eCash acceptance capabilities for
lenders and other businesses to accept bill and loan installment
payments from their customers at nearly 100,000 U.S. retail
locations. By digitizing and integrating cash payments, clients can
increase customer satisfaction by offering more payment choices
across REPAY’s verticals, including personal finance, auto finance,
credit unions and mortgage.
Leveraging eCash, REPAY bridges the gap between online and cash
payments to simplify the payment experience and improve
accessibility for the underbanked community and those who prefer to
pay using cash. Consumers select eCash at checkout to generate a
barcode which they take to the nearest participating retail
location for the retailer to scan and accept the cash. Once the
transaction is completed through a financial network utilized by
REPAY, the funds are deposited to the client and the payment is
automatically posted, streamlining reconciliation to offer lenders
increased efficiencies.
eCash offers additional benefits for lenders, including
increased payment volume and on-time payments, enhanced security,
reduced chargebacks and improved customer satisfaction. Further,
because the retailer handles all cash management, there are fewer
risks and lower costs to cash transactions for the lender.
As a leader in the transformation of integrated digital
payments, REPAY continues to expand and enhance its solutions for
all networks that send and receive funds.
“REPAY is committed to improving the payment experience for our
clients and their customers by delivering innovative solutions that
support evolving payment preferences,” said Jake Moore, EVP,
Consumer Payments, REPAY. “With today’s expanded eCash solutions,
lenders can offer even more bill payment options, which will drive
customer satisfaction and attract new customers while also
enhancing efficiency and security.”
For more information about REPAY’s platform, visit
www.REPAY.com.
About REPAY
REPAY provides integrated payment processing solutions to
verticals that have specific transaction processing needs. REPAY’s
proprietary, integrated payment technology platform reduces the
complexity of electronic payments for clients, while enhancing the
overall experience for consumers and businesses.
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version on businesswire.com: https://www.businesswire.com/news/home/20230824345687/en/
Investor Relations Contact for REPAY: ir@repay.com
Media Relations Contact for REPAY: Kristen Hoyman
khoyman@repay.com
Repay (NASDAQ:RPAY)
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