REPAY Joins Visa Platform Connect, Granting ISO and ISV Clients Next-Generation Payment Infrastructure

Key Terms

clearing and settlement financial

The process that happens after a trade where the buyer’s and seller’s details are checked, matched and the actual transfer of money and securities is completed so ownership changes hands. It matters to investors because it guarantees that trades become final and reduces the risk of mistakes, lost payments or double-selling; think of it like an independent escrow service that makes sure both the keys and the cash change hands on time.

api technical

An API, or Application Programming Interface, is a set of rules that allows different software programs to communicate and work together smoothly, much like a waiter translating your order into the kitchen and then bringing your meal back. For investors, APIs are important because they enable real-time access to financial data, trading systems, and other digital services, making it easier to make informed decisions quickly and efficiently.

tokenization technical

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

pci dss regulatory

A set of security rules created by major payment card companies to protect credit and debit card data when businesses store, process, or transmit it. It matters to investors because compliance is like a strong lock on a store: businesses that follow these standards reduce the risk of costly data breaches, fines, legal trouble and customer loss, while noncompliance can lead to direct financial penalties and damage to reputation and revenue.

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Agreement positions REPAY as a clearing and settlement backend, enabling direct access to enterprise-grade infrastructure and real-time money movement capabilities

ATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of bill payment solutions, today announced a collaboration with Visa, a global leader in digital payments, establishing a reseller agreement for the next-generation open payments platform, Visa Platform Connect (VPC). REPAY joins a select group of leading US-based processors bringing VPC to the independent sales channel.

REPAY will serve as the clearing and settlement backend, enabling independent sales organization (ISO) and independent software vendor (ISV) clients to access enterprise-grade infrastructure and build complete end-to-end processing solutions directly to VisaNet and Visa’s ecosystem of payment solutions. ISOs that have already invested in developing their own authorization frameworks can integrate with VPC and leverage REPAY’s clearing and settlement infrastructure to complete processing on a consolidated, modern platform.

Eliminating dependence on legacy processors removes innovation limitations. Traditionally, ISOs and ISVs seeking full processing capabilities were required to route transactions through legacy third-party processors, which often resulted in additional costs and increased complexity. With access to VPC, REPAY’s ISO and ISV clients can take advantage of:

• A single, secure, modern API connection, supporting the full suite of card-present and card-not-present solutions including fraud management, tokenization and dispute resolution.
• Accelerated time to market, enabling connection in less than six weeks.
• Compliance offload, including management of EMV and Payment Card Industry Data Security Standard (PCI DSS) / PIN Transaction Security.
• Visa’s real-time money movement capabilities, including push-to-card disbursements enabling delivery of funds to recipients in minutes.

“Technology-forward ISOs and ISVs have built sophisticated authorization capabilities and are looking for modern infrastructure to support full payment processing,” said Melissa Kirk, Senior Vice President, Clearing and Settlement, REPAY. “REPAY can now provide our clients with direct access to Visa’s platform and the clearing and settlement backbone to support a complete, end-to-end processing solution.”

About REPAY
REPAY provides integrated bill payment solutions to verticals that have specific transaction processing needs. REPAY's proprietary, integrated payment technology provides a comprehensive end-to-end platform offering digital payments, bill design & presentment, and communication services for clients, while enhancing the overall experience for consumers and businesses.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260819065063/en/

Investor Relations Contact for REPAY: IR@repay.com

Media Relations Contact for REPAY:
Kristen Hoyman
khoyman@repay.com

Source: Repay Holdings Corporation