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Repay Holdings Corporation provides integrated payment processing solutions for vertical markets with specialized transaction needs. The company’s proprietary platform supports electronic payment channels such as mobile app, text, interactive voice response, virtual terminal, hosted payment page and online customer portal, with activity reported across Consumer Payments and Business Payments.
REPAY news commonly covers quarterly results, adjusted EBITDA and free cash flow metrics, segment trends, enterprise client implementations, Digital Wallet capabilities and payment-channel adoption. Corporate updates also include governance matters such as stockholder rights, board responses to unsolicited proposals, executive leadership changes and capital-structure actions tied to its Class A common stock.
Repay Holdings Corporation (NASDAQ: RPAY) has announced a technology integration partnership with LiveVox, enhancing customer experiences by offering digital payment options and processing capabilities. This collaboration enables accounts receivable and collections teams to accept various payment methods, such as credit and debit cards and ACH payments, 24/7 within the LiveVox platform. The partnership aims to improve agent performance and meet growing customer preferences for digital transactions, benefitting both B2B and B2C markets.
Repay Holdings Corporation (NASDAQ: RPAY) has announced a strategic partnership with the Strategic Regional Healthcare Organization (SRHO), enhancing payment solutions for healthcare providers. This collaboration, facilitated through CPS Payment Services, will deliver automation capabilities for accounts payable disbursements, optimizing efficiencies and generating cost savings. CPS's TotalPay platform will help healthcare clients achieve significant monthly cash rebates, reportedly up to 50% higher than traditional bank programs. The partnership aims to alleviate payment processing complexities and improve the financial performance of health system members.
Repay Holdings Corporation (NASDAQ: RPAY) announced participation in two upcoming virtual investor conferences. On December 1, 2020, management will host a fireside chat at the Wells Fargo TMT Summit at 12:40 PM ET. The following day, December 2, 2020, they will participate in the Credit Suisse 24th Annual Technology Conference, starting at 10:10 AM ET. Both discussions will be webcasts available on the Company's investor relations website, where archived sessions can also be accessed for 90 days.
REPAY specializes in integrated payment processing solutions tailored to specific transaction needs.
Repay Holdings Corporation (NASDAQ: RPAY) announced that its management team will participate in a fireside chat at Citi’s 2020 Financial Technology Virtual Conference on November 17, 2020, at 10:30am ET. The chat will be webcast live on the Company’s investor relations website, with an archived version available for 90 days. REPAY specializes in integrated payment processing solutions tailored for specific transaction needs, simplifying electronic payments while improving consumer and business experiences.
Repay Holdings Corporation (NASDAQ: RPAY) has established an advisory board for its Service Transfer Exchange (STX) solution, aiming to streamline mortgage payment processing. The board includes leaders from LoanCare, loanDepot, PHH Mortgage, RoundPoint Mortgage Servicing, Shellpoint Mortgage Servicing, and US Bank. By addressing the challenges of service transfers, the board seeks to design standards that improve payment workflows, reduce errors, and enhance borrower experiences during the 60-day grace period, ultimately promoting better payment flows within the mortgage sector.
Repay Holdings Corporation (NASDAQ: RPAY) has successfully completed the acquisition of CPS Payment Services for approximately $78 million in cash, with potential earnouts of up to $15 million based on performance through December 2022. This acquisition is expected to significantly enhance REPAY's B2B payment solutions and broaden its market reach into sectors like education and government. CPS, founded in 2011, provides automated payment technology, serving over 160 enterprise clients across various sectors including healthcare and media.
APS Payments, a REPAY company, announced a technology integration with Sage X3, enhancing payment solutions for businesses. Users can now utilize APS ClickToPay and APSPays Vault within the Sage X3 financial management module, facilitating secure credit card and ACH payments with Level 3 transaction processing. This integration complements existing services with Sage 100, 300, and 500. Key features include automated batch reporting, multi-currency capabilities, and 24/7 support, all available at no cost. The integration aims to streamline invoice payments, helping businesses get paid faster.
Repay Holdings Corporation (NASDAQ: RPAY) announced a new integration with Sage X3, enhancing payment processing for medium-sized businesses. This integration allows users to submit invoices directly from the platform, streamlining B2B transactions. Current Sage X3 users can access this feature at no additional cost, enabling secure credit card or ACH payments through APS Payments, a REPAY company. The integration supports Level 3 transaction processing, showcasing REPAY’s commitment to improving business workflows in the financial industry.
Repay Holdings Corporation (NASDAQ: RPAY) announced a definitive agreement to acquire CPS Payment Services for up to $93 million, with $78 million payable at closing. This acquisition, expected to close in Q4 2020, will be financed using cash on hand. CPS provides B2B payments and accounts payable automation technology, serving over 160 enterprise clients across sectors such as healthcare and education. The deal aims to enhance REPAY's B2B offerings, increase its total payment volume to over $4 billion, and expand its supplier network significantly.
Repay Holdings Corporation (NASDAQ: RPAY) will host a conference call on November 9, 2020, at 5:00 PM ET to discuss its third-quarter 2020 financial results. The call will feature CEO John Morris and CFO Tim Murphy. Following the market close, a press release with the financial results will be issued. Investors can access the conference call via webcast on the company’s investor relations website or by phone. A replay will be available shortly after the call ends.
REPAY specializes in integrated payment processing solutions tailored to various industry needs.