Paya and RECUR360 Form Strategic Alliance to Implement Integrated Payments for B2B Clients
Paya | July 14, 2021
Paya, a leading supplier of integrated payments and commerce solutions, has established a strategic alliance with RECUR360, a cloud-based software and automation solution provider that provides recurring payment, invoicing, and collection capabilities across a variety of B2B sectors. RECUR360 will provide its clients greater capabilities and support for integrated card and ACH transactions as a result of the agreement, while also expanding into new, underserved areas such as wholesalers, distributors, and field service providers.
“Through this strategic collaboration, RECUR360 will provide its clients with greater efficiency across the end-to-end payments process while also providing an enhanced user experience,” stated Paya CEO Jeff Hack. “The collaboration also expands Paya's possibilities to serve B2B-focused software clients in the field services market, where our integrated payments capabilities may deliver a significant value proposition.”
“Our cooperation with Paya marks another important step forward in value for our customers,” stated Andrew Abrams, Recur360's Founder and CEO. “We are pleased about Paya's comprehensive API library and automated onboarding process, both of which will make RECUR360's clients' payments process more simple and efficient.”
Paya is a leading supplier of integrated payment and frictionless commerce solutions that assist clients in accepting and making payments, expediting money receipt, and increasing operational efficiencies. The firm handles approximately $35 billion in yearly payment volume by credit/debit card, ACH, and cheque, ranking it among the top 20 payment processors in the United States. Paya serves over 100,000 clients through over 2,000 major distribution partners in high-growth verticals such as healthcare, education, non-profit, government, utilities, and other B2B end markets. The company's basis is focused on providing powerful connections with front-end CRM and back-end accounting systems to improve customer experience and workflow. Paya is based in Atlanta, Georgia, and has offices in Reston, Virginia, Fort Walton Beach, Florida, Dayton, Ohio, Mt. Vernon, Ohio, Dallas, Texas, and Tempe, Arizona.
RECUR360 TECHNOLOGIES LLC is a prominent Invoice and Payment Automation service for QuickBooks Desktop and Online users. RECUR360 accelerates QuickBooks workflow by accelerating recurring invoice creation, payment processing, batch emailing, collections, late fees, convenience fees, and sales tax calculation. Because the programme is web-based, accounting and sales users may access it from any web browser at any time and use the extensive security settings to generate unique user logins with limited module access. RECUR360 now offers improved credit card and ACH processing rates, as well as reconciliation technology, to QuickBooks customers as a result of its partnership with Paya. RECUR360 is used by businesses with Monthly and Annual Recurring Revenue (MRR/ARR), as well as subscription-based products and services, to process over $250 million in payment transactions per year. Custom connections may also be built to link with other front-end programmes, such as CRM systems, IT management systems, and time and expense management systems. RECUR360 is headquartered in Scottsdale, Arizona, and has virtual offices around the United States.