REPAY Recognized as WEX Partner of the Year
21 Mai 2024 - 2:30PM
Business Wire
Leading Integrated Payment Solutions Provider
Acknowledged as a Best-in-Class Partner
Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading
provider of vertically-integrated payment solutions, today
announced it has been awarded Partner of the Year and inducted into
the WEX Circle of Excellence at the WEX 2023 Community Awards.
Chosen from an impressive pool of WEX technology partners, REPAY
has been recognized as a best-in-class fintech partner in the
corporate, embedded, and API-facilitated business-to-business (B2B)
payments category. This is a result of REPAY’s innovative approach
to the payment experience and ongoing collaboration with WEX to
provide next-generation payment technology that accommodates the
modern demands and rapidly changing landscape of B2B vendor
payments.
REPAY partners with WEX to provide virtual card issuance and
processing support for REPAY’s automated vendor payment platform,
providing simplicity and efficiency to AP processes. One of the
main threats to the payment industry today is payment fraud, and
REPAY prides itself on making enterprise clients feel secure in
their integrated payment solution. With WEX as their primary issuer
of virtual card services, REPAY clients benefit from the added
security provided by virtual cards, including one-time use and
customizable amount and approval limits.
“We are honored by the distinction of WEX’s Partner of the Year
Award for Corporate Payments and our induction to their Circle of
Excellence. This reaffirms our dedication to top-notch payment
solutions and showcases the strength of our partnership with WEX,”
said Darin Horrocks, EVP, Business Payments, REPAY. “Together with
WEX, we are committed to delivering secure, integrated vendor
payment solutions that mitigate fraud threats and drive growth for
our clients.”
“WEX is proud to collaborate with REPAY, as we share the same
commitment to simplifying business management operations with
secure, cutting-edge technology,” said Robert Deshaies, WEX’s Chief
Operating Officer, Americas. “Together, we empower businesses with
innovative solutions, ensuring they navigate today’s complex
landscape with confidence and ease.”
About REPAY
REPAY provides integrated payment processing solutions to
verticals that have specific transaction processing needs. REPAY’s
proprietary, integrated payment technology platform reduces the
complexity of electronic payments for clients, while enhancing the
overall experience for consumers and businesses. For more
information, visit www.repay.com.
About WEX
WEX (NYSE: WEX) is the global commerce platform that simplifies
the business of running a business. WEX has created a powerful
ecosystem that offers seamlessly embedded, personalized solutions
for its customers around the world. Through its rich data and
specialized expertise in simplifying benefits, reimagining mobility
and paying and getting paid, WEX aims to make it easy for companies
to overcome complexity and reach their full potential. For more
information, please visit www.wexinc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240521160987/en/
Investor Relations Contact for REPAY: IR@repay.com
Media Relations Contact for REPAY: Kristen Hoyman
khoyman@repay.com Media Contact for WEX: Julie Lydon,
415-816-9397 Julie.Lydon@wexinc.com
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