Paya and Paradigm partner for a payments solution
Payment integration and providing solutions based on a single management platform have been a highlighting theme post-pandemic and this is primarily targeted towards small and medium enterprises to reduce their workload and automate payments.
This week, US-based non-bank payments firm Paya has announced a partnership with Paradigm, a company working on building industry supply chain management.
Through this partnership, Paradigm will launch Paradigm Payments which will offer business clients such as contractors, dealers, distributors, and manufacturers the ability to collect and process payments in real-time. This according to the company will lead to ‘greater back-office efficiencies and the opportunity to increase on-site sales’.
“Through our partnership with Paradigm, we’re able to provide our innovative integrated payments solution to more companies in the building industry, as well as in-home service tech professionals,” said Brock Robertson, Paya’s Head of Partner Relationships.
Adding further, Robertson said that integrated solutions would also provide with ‘increased efficiency and ease-of-use’ ultimately allowing companies to collect and process revenue and support their bottom-line growth.
Paya works in a payment integration solution platform that helps in accepting and making payments, expedite receipt of money, and increase operating efficiencies. It has a long-term partnership with Chicago-based BMO Harris bank which is regulated by the Federal Reserve.