Fintech Aliaswire Inc. and data company Deluxe are joining forces on a new partnership that will introduce Aliaswire's DirectBiller bill payment technology across the extensive Deluxe network of banks, partners and direct clients.
The collaboration highlights the significant opportunity to digitize more business payments. "Our goal is to facilitate our clients' transition to digital payment offerings," says Michael Reed, Deluxe's Division President of B2B Payments. "[We] have been providing digital payment solutions to our customers for some time, and now, in partnership with Aliaswire, we aim to extend our reach."
The expansion provides Deluxe with a strategic advantage, as the capabilities are seamlessly embedded in our Merchant Services Platform, First American, offering a comprehensive online payment processing experience for our clients."
Recognizing the unique payment preferences of each client, this partnership seeks to enhance digital processing solutions, enabling businesses to send bills, accept payments, and access funds in accordance with their preferences. The integration of DirectBiller into the Deluxe platform amplifies its capabilities, broadens Deluxe’s outreach, and fortifies its ability to serve a more diverse range of clients.
Aliaswire CEO Jed Rice says Deluxe's reputation as a trusted and respected provider in the banking industry with thousands of financial institution clients is a perfect fit for DirectBiller. "We’re excited to partner with Deluxe as more banks look to actively incorporate online bill pay into their integrated receivables offerings to generate reliable revenue and build stickier client relationships in an unstable environment.”
DirectBiller, the only independent biller direct platform delivered primarily through channel partners, is a highly adaptable platform employed by leading banks and their commercial clients, spanning small and mid-sized companies to Fortune 500 enterprises. It manages the entire process from invoicing through payment reconciliation, seamlessly integrating with banks' treasury management systems and their clients' ERP systems.
Businesses can effortlessly transmit digital bills, accept digital payments, and receive funds on the following business day. Payers can conveniently view bills and make payments via web, mobile, IVR, kiosk, Text2Pay and digital wallets.
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