Repay to offer Sage integration
It’s no longer enough to be a commercial payment services provider – you have to integrate with enterprise management or accounting packages too. In the latest example, Repay, the Atlanta-based B2B payments processing company has announced an integration with Sage 500, an enterprise management product. REPAY was already connected with Sage 100 and Sage 300. Earlier this year, BNP Paribas’s virtual card was integrated into Coupa’s Business Spend Management (BSM) platform and last year, Bellin had integrated its tm5 treasury management system with SWIFT gpi.
Under this latest partnership, technology integration will allow merchants via Repay subsidiary APS enabling B2B payments with level 3 processing. The new APS payment Sage 500 will be available to merchants at no cost and can easily tokenize credit card data to simplify PCI Compliance. For merchants, the extension will enable them to receive level 3 payments in Sage 500 through APSPAYS Payment Gateway.
“We’ve experienced a digital shift in user behaviour, increasing the demand for B2B payment processing technology and accessibility,” says Susan Perlmutter, Chief Revenue Officer, at Repay. “Our new integration with Sage 500 will allow businesses to eliminate legacy processing techniques, including manual data entry and discovery, enabling them to drive quick, frictionless experiences with the best possible rates.”
Last month, Repay acquired cPayPlus LLC, an accounts payable automation company, for $8 million and another $8 million based on the performance of the company in future.