Flywire and Billtrust have announced a partnership aimed at streamlining the receipt of international payments for Billtrust business customers. Billtrust users will receive an integrated solution that adds Flywire’s international payment processing and receivable capabilities to Billtrust’s automated invoice delivery and payment services. The joint offering is designed to help customers more easily collect international payments while lowering the cost of international wire fees and eliminating the manual posting of cross-border payments.
The integrated solution will enable Flywire and Billtrust to securely share account and invoice details while matching reconciliation data on the backend. Flywire will provide a convenient interface for payers to initiate and track cross-border payments to Billtrust customers using their preferred payment method and currency. The partnership also includes joint research, marketing and sales.