RPAY - REPAY Partners with PDI Technologies to Automate Accounts Payable Payments for PDI Enterprise Customers
Partnership enables PDI Technologies convenience retail and petroleum wholesale customers to simplify and optimize their vendor payment processes
Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, announced a technology integration with PDI Technologies, Inc. (PDI), a global leader delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, to offer embedded accounts payable (AP) automation to PDI Enterprise customers.
Through the integrated offering, PDI customers will have access to innovative and dynamic AP automation solutions. By utilizing the embedded payment technology from REPAY, AP teams can digitize and optimize outbound payments to vendors and suppliers, enabling companies to gain operational efficiencies and improve internal workflows by removing manual, paper-intensive processes. The use of digital payment methods, including virtual cards, reduces risk by minimizing human error and eliminating paper checks. Furthermore, AP teams will benefit from greater control over the payment process and increased visibility into payment tracking and exceptions.
“REPAY’s mission is to provide best-in-class payment solutions that allow businesses of all types to easily embrace digital payments that provide a better experience for clients, vendors and employees,” said Darin Horrocks, EVP, Business Payments at REPAY. “We are thrilled to partner with PDI to help their customers digitize AP vendor payments and realize efficiencies that ultimately benefit the bottom line.”
“Having a proven and reliable full-service B2B AP payments solution like REPAY helps retailers and wholesalers solve what is otherwise a cumbersome manual process often associated with high costs, payment delays and fraud risk,” said Drew Mize, EVP and GM, North America Enterprise Productivity, PDI. “PDI customers can reduce costs and improve employee productivity when integrating REPAY with the PDI Enterprise solution.”
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231102383348/en/
Investor Relations Contact for REPAY:
IR@repay.com
Media Relations Contact for REPAY:
Kristen Hoyman
khoyman@repay.com