REPAY Partners with NxtEdge by DiningEdge to Deliver Embedded AP Payments for Hospitality and Food & Beverage Operators

Key Terms

accounts payable financial

Accounts payable are the short-term bills a company owes to suppliers or service providers for goods and services it has already received but not yet paid for — like a stack of IOUs from the business to its vendors. Investors watch accounts payable because rising or falling balances affect a company’s cash on hand and short-term financial health, signaling how well it can cover obligations, manage cash flow, and fund operations without borrowing.

virtual card financial

A virtual card is a digital version of a payment card that creates a unique card number and security details for online or app-based purchases without a physical plastic card. Think of it as a temporary key you give a merchant instead of handing over your main wallet — it reduces fraud, limits how much or where money can be spent, and simplifies tracking. Investors care because growing use of virtual cards can lower fraud losses, boost demand for payment services, and improve corporate expense management, all of which can affect revenue and risk profiles for banks and fintech firms.

ach financial

ACH (Automated Clearing House) is an electronic network banks use to move money between accounts, like a digital mail carrier that delivers payroll, dividends, bill payments and other transfers. Investors care because ACH affects how quickly a company can pay shareholders, collect revenue or move cash for operations; slower or disrupted ACH flows can change available cash, timing of dividends and short-term liquidity assumptions.

procure-to-pay financial

A procure-to-pay process covers every step from deciding a needed purchase and placing the order to receiving the goods or services and completing the supplier payment. It matters to investors because an efficient process keeps costs predictable, speeds up or delays cash outflows, reduces risks like late deliveries or duplicate payments, and supports stronger supplier relationships—think of it like a company’s shopping and checkout system affecting its cash flow and reliability.

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New integration combines modern payment solutions and invoice automation within NxtEdge’s inventory management platform

ATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a new technology partnership with NxtEdge, a provider of inventory and cost management software and AP automation solutions for the food and beverage industries. Through the integration, REPAY’s Payables Platform (RPP) will be embedded within the NxtEdge platform, enabling end-to-end accounts payable (AP) automation for customers.

NxtEdge’s platform already delivers robust invoice automation capabilities, and with REPAY’s payment technology embedded directly into the workflow, customers can now seamlessly move from invoice capture to payment execution - all within a single system. The combined solution streamlines back-office operations for country clubs, independent restaurants, hotels and resorts, and multi-unit restaurant groups.

By leveraging REPAY’s Payables Platform, NxtEdge users will be able to automate vendor payments through virtual card, ACH, and other digital payment networks, reducing manual processes, improving visibility, and increasing efficiency across the invoice-to-payment lifecycle. REPAY’s integrated technology is designed to eliminate friction in B2B payment workflows while enhancing control, security, and scalability for growing businesses.

“Food service and hospitality operators are under increasing pressure to do more with less, and that starts with simplifying back-office processes,” said Darin Horrocks, Executive Vice President, Business Payments at REPAY. “We’re excited to partner with NxtEdge to embed our payables technology directly into their platform, enabling customers to seamlessly automate the entire invoice-to-payment workflow. This partnership reflects our continued focus on delivering value through deep software integrations that reduce complexity and drive operational efficiency.”

The partnership enhances NxtEdge’s ability to deliver a fully unified procure-to-pay experience, helping customers eliminate paper-based processes, reduce payment delays, and strengthen vendor relationships through faster, more reliable payments.

“At NxtEdge, our mission is to simplify the complex workflows hospitality operators manage every day,” said Naomi Canning, President of NxtEdge. “By integrating REPAY’s Payables Platform directly into NxtEdge, we’re connecting invoice processing, approvals and vendor payments with the same platform our customers use to manage purchasing, inventory and costs. This gives operators one connected workflow from purchasing and inventory through invoice processing and payment.”

This partnership further expands REPAY’s growing ecosystem of integrated software partners, continuing its strategy of embedding payment capabilities directly into industry-specific platforms to deliver seamless, value-added experiences for businesses.

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.

About NxtEdge

NxtEdge provides inventory and cost management software with integrated AP automation built specifically for hospitality and food & beverage operations. The platform connects purchasing, vendor price comparison, invoice automation, AP approvals, payments, accounting integrations, inventory management and food cost control in one streamlined workflow. Serving country clubs, hotels and resorts, restaurants, and multi-unit hospitality operations, NxtEdge helps operators control costs, reduce manual processes and gain greater visibility across their entire operation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260826327940/en/

Investor Relations Contact for REPAY: IR@repay.com

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

Source: Repay Holdings Corporation