Predicting the Top Five Payment Trends for 2024
Most business payment solutions are outdated and lack the ability to integrate with your existing systems, leading to inefficient workflows and manual processes.
REPAY's advanced payment technology seamlessly integrates with your existing ERP and CRM systems to automate and streamline your entire payment process. From B2B transaction acceptance to vendor and supplier payments, REPAY makes it easy to manage all of your payments in one place while reducing costs and improving efficiency.Get Started
With REPAY, you can accept loan and down payments and automate outbound vendor payments using one integrated platform. With a streamlined system that gives you the efficiency you need and the control you want, you can focus on moving inventory, delighting customers and optimizing productivity.
Automate outbound vendor payments
Offer omni-channel solutions: mobile, online, phone and text
Access realtime reporting and reconciliation dashboards
Accept credit or debit cards, ACH, checks, eCash and digital wallets
Our solutions put you in the driver’s seat of determining how and when you pay vendors and suppliers. Integrated with your DMS, simplify accounts payable and improve vendor relations with automated payments and a dedicated vendor enrollment team.
Streamline the way you manage accounts payable and receivable with a single payment system that integrates easily with your DMS. Our technology makes the transition straightforward for you and your employees, requiring little training and optimizing workflows almost immediately.
Offering payment convenience doesn’t have to be complicated or expensive. Speed up the time to revenue and increase on-time payments by providing a seamless, omni-channel payment experience for your borrowers.
See how our payment experts worked with a dealership chain to put almost $20,000 into their budget and save over 70 hours of manual labor with automation.
Give your customers the flexibility to pay their loans or bills in the way that works best for them. With REPAY, you can offer a variety of payment options.
Don’t break a sweat when it comes to onboarding your vendors. Our team contacts each one to verify their payment preference and set up your ability to automatically pay them. Since REPAY is integrated into your existing operating systems, you can easily approve payments and track them in real time.
Increase on-time payments and improve the borrower experience by supporting how borrowers prefer to pay.
Fund your borrowers faster to give them quicker access to much-needed funds. Instant Funding immediately pushes funds to your customers’ debit and prepaid cards, eliminating the delays and security concerns associated with paper checks.
eCash streamlines payment acceptance, enabling customers to pay their loans or bills using cash at any of the thousands of participating payment locations, including major convenience stores, dollar stores and pharmacies.
U.S.-based and available 24/7/365, our dedicated customer service team can assist you with every aspect of REPAY’s payment processing program.
Digital payment technology evolves every day, and REPAY has the resources and expertise to keep you ahead of the changes. Rely on REPAY to simplify payments and manage the platform integrations for improved cash flow, streamlined internal processes and increased customer and vendor satisfaction.
Are you using payment technology to manage your loan portfolio effectively? A 2019 Experian study shows auto loan debt is at a record high. As an auto lender, your first thought might be, “Well, of course. Cars are more expensive, and more people finance them now.”
Reliable and fast vendor payments are critical for dealerships because they must keep their inventory stocked and bills paid to grow and scale with the ever-changing market. Too often, payments are slowed by the manual process of cutting and mailing checks which leave dealerships with high labor costs associated with the accounts payable (AP) process.
It might (or might not) surprise you that many B2B businesses are still using outdated payment methods like paper checks for their accounts payable (AP) processes. In fact, according to a study from PYMNTS, “25% of B2B payments are made via paper checks.”