ATLANTA--(BUSINESS WIRE)--Jun 11, 2024--
ConnexPay, the world’s first all-in-one payments platform, today announced the launch of its patent-pending Intelligent PayOuts technology. Intelligent PayOuts is embedded into ConnexPay's best-in-class payments platform and harnesses the core elements of AI, machine learning and big data to deliver optimal payment outcomes for clients around the world.
“ConnexPay continues to be at the forefront of payments innovation, with our launch of Intelligent PayOuts being another prime example,” said Ben Peters, Chief Executive Officer at ConnexPay. “This market-leading technology is truly generative and derives learnings from our global payment network to ensure each client delivers the right payment to achieve the optimal payment outcome.”
Top Intelligent PayOuts outcomes:
- Boost card acceptance
- Reduce cross-border and FX fees
- Maximize rebates
- Strategic supplier payments
Intelligent PayOuts optimizes outcomes based on all transaction volume across the ConnexPay network. Clients not only benefit from better outcomes based on their payment volume, but they also benefit from results based on the entire network's volume — a much larger data set than they would be able to draw upon on their own.
Earlier this year, ConnexPay announced the launch of ConnexPay Exclusives, a suite of payment capabilities that includes the Global Travel card, Flex card, and ConnexPay UATP card.
Peters continued, “The combination of Intelligent Payouts, ConnexPay Exclusives, and our multi-card network provides our clients unmatched breadth to drive the best results for their business.”
Learn more here about ConnexPay’s PayOut capabilities.
About ConnexPay
ConnexPay is the first payments company to seamlessly combine both PayIns and PayOuts into a single global platform, requiring only one contract and providing unified reconciliation. The flexibility of ConnexPay’s technology allows clients to manage all their B2B payment needs, from acquiring sales, managing fraud, and paying suppliers, all on one platform. ConnexPay’s solutions are applicable across a broad spectrum of corporate payment use cases, including global travel, ticketing, insurance and warranty claims, loyalty and rewards, and media and advertising. Founded in 2017, ConnexPay serves clients on six continents and provides payments services to over 175 countries and territories worldwide. In 2023, ConnexPay earned the Travel Innovator of the Year award at Phocuswright and was named to the Inc 5000 list of fastest-growing companies in America. Learn more at www.connexpay.com and follow us on LinkedIn.
View source version on businesswire.com:https://www.businesswire.com/news/home/20240610029108/en/
CONTACT: Liza Amaro
Head of Marketing, ConnexPay
(706) 617-4710
KEYWORD: GEORGIA NORTH AMERICA UNITED STATES UNITED KINGDOM EUROPE CANADA
INDUSTRY KEYWORD: TECHNOLOGY PAYMENTS FINANCE FINTECH OTHER TECHNOLOGY PROFESSIONAL SERVICES SOFTWARE CONSUMER DATA MANAGEMENT ARTIFICIAL INTELLIGENCE
SOURCE: ConnexPay
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PUB: 06/11/2024 01:00 AM/DISC: 06/11/2024 01:00 AM
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