NCR Delivers Robust Payments and Accounting Functionality for Small Businesses Through Autobooks Partnership

Rhea-AI Summary

NCR Corporation (NYSE: NCR) and Autobooks have partnered to integrate digital invoicing, payment acceptance, and accounting features into NCR Digital Banking. The partnership aims to provide comprehensive payment and cash management solutions for small businesses, helping financial institutions attract, retain, and support these customers. Tap to Pay capabilities will be enabled later this summer, allowing small businesses to accept contactless payments using smartphones.

Positive

• The partnership between NCR and Autobooks aims to strengthen relationships and loyalty with small business customers, providing leading digital-first payment and receivables tools.
• The integration of Tap to Pay capabilities will offer small business customers a convenient way to accept contactless payments without additional hardware.

Negative

• There are no substantial negative points arising from the PR content.

ATLANTA--(BUSINESS WIRE)-- NCR Corporation (NYSE: NCR), a leading enterprise technology provider, and Autobooks have partnered, seamlessly integrating sophisticated digital invoicing, payment acceptance, and accounting features into NCR Digital Banking. NCR and Autobooks have more than 100 joint financial institution customers live.

The partnership enables financial institutions to offer a comprehensive suite of integrated payments and cash management solutions built specifically for small businesses. By allowing small businesses to accept payments in a variety of ways, both in-app and online, and manage those receivables through additional accounting and reporting tools, banks and credit unions can more effectively attract, retain and support these customers.

“In recent years, third-party competitors have attempted to enter the small business segment with a wide range of products and services, many designed to disintermediate relationships with primary financial institutions,” said Derik Sutton, Chief Marketing Officer of Autobooks. “Together, Autobooks and NCR are delivering leading digital-first payment and receivables tools, helping financial institutions strengthen relationships and loyalty with the critical small business market.”

Later this summer, NCR and Autobooks will also enable Tap to Pay capabilities, allowing financial institutions to offer their small business customers the ability to use smartphones to accept in-person, contactless payments — without the need for additional hardware.

“We are proud to enable leading payments features and functionality for small businesses, seamlessly embedded into their digital banking experience,” said Doug Brown, president, NCR Digital Banking. “Together with Autobooks, we are providing small businesses with an easy way to get paid – an important yet traditionally underserved need. These innovations will allow our banks and credit unions to grow deposit relationships, increase revenue and create a competitive differentiator.”

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in transforming, connecting and running technology platforms for self-directed banking, stores and restaurants. NCR is headquartered in Atlanta, Georgia, with 35,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

View source version on businesswire.com: https://www.businesswire.com/news/home/20230803650391/en/

NCR Media Contact

Scott Sykes

NCR Corporation

scott.sykes@ncr.com

Source: NCR Corporation

FAQ

What is the partnership between NCR Corporation and Autobooks about?

The partnership aims to integrate digital invoicing, payment acceptance, and accounting features into NCR Digital Banking, providing comprehensive payment and cash management solutions for small businesses.

What capabilities will be enabled later this summer?

Later this summer, Tap to Pay capabilities will be enabled, allowing small businesses to accept contactless payments using smartphones.

How will the partnership benefit financial institutions?

The partnership will help financial institutions attract, retain, and support small business customers by providing leading digital-first payment and receivables tools.