Paya partners with consumer credit provider Artis
ATLANTA, October 27, 2020 (GLOBE NEWSWIRE) – Paya, a leading provider of integrated payment and commerce solutions, has partnered with Artis Technologies, a provider of modern lending solutions for businesses to bring affordable, low-friction financing to their customers when they need it. Through this partnership, Paya’s payment technology will integrate directly into the Artis Connect and Artis Credit platforms, providing a seamless payment experience for companies offering real-time consumer finance.
Paya enables Artis and the businesses it serves to process payments digitally and track them in real time, dramatically increasing operational efficiency. As part of Artis’ real-time lending framework, businesses can help their clients quickly obtain financing for a variety of needs, then automate payment processing based on the client’s new line of credit, ensuring that the funds are readily available to support the continuity of the project.
“Paya’s collaboration with Artis represents another use case of integrated payments tailored to the unique needs of each vertical, this time for the lending space,” said Mark Engels, Paya Director of Revenue. “Through our partnership, Artis will enhance its integrated financial services platforms with integrated payment capabilities, providing businesses with a more efficient way to track and process payments, and improve the overall experience for their customers. “
“Our partnership with Paya brings significant added value to the businesses we serve and their customers, especially those in the home improvement industry who have seen increased consumer demand amid the pandemic,” said Barclay Keith , CEO of Artis. “It’s about integrating financial products into the consumer experience at the right time, and to do that, businesses need to have integrated tools available when they need them. We believe integrated finance is the future, and our partnership with Paya is a way for us to continue to make financial services transparent for businesses and consumers.
Since launching Artis Technologies earlier this year, the company has introduced Artis Credit, a platform that allows businesses to serve as a financing face, while providing lenders with an easy way to gain new market share. consumer loans – as well as Artis Connect, a comprehensive private label platform that enables businesses to offer downstream credit through existing customer relationships.
Paya (Nasdaq: Paya) is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and complete payments, speed receipt of money, and increase operational efficiency. The company processes more than $ 30 billion in annual payment volume through credit / debit card, ACH, and check, making it one of the top 20 payment processing providers in the United States and the 6th in the e-commerce. Paya serves over 100,000 customers through over 2,000 key channel partners focused on targeted and high growth verticals such as healthcare, education, nonprofits, government, utilities and other B2B end markets. The company has built its foundation on offering robust integrations into front-end CRM and back-end accounting systems to improve customer experience and workflow. Paya is headquartered in Atlanta, GA, with offices in Reston, VA, Fort Walton Beach, FL, Dayton, OH, Mt. Vernon, OH, and Dallas, TX. For more information on Paya, visit www.paya.com or follow us on Twitter: PayaHQ and LinkedIn: Paya.
On Artis Technologies
Artis Technologies offers modern lending solutions for businesses to provide affordable, low friction financing to their clients when they need it. Its API-based platforms creatively leverage alternative data sources and ML / AI informed decisions to present real-time loan offerings tailored to each borrower, all within the regulatory infrastructure. current banking sector. Visit heyartis.com for more information.
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