Billtrust and CardConnect Announce Partnership to Simplify and Secure Invoice Payments
April 19 2017 - 11:37AM
CardConnect® (NASDAQ:CCN)
, a leader in payment
processing and technology solutions, and Billtrust, the leader in
payment cycle management, today announced a strategic partnership
that will improve efficiency and secure the invoice-to-cash process
for its shared customers.
Through the strategic partnership, Billtrust integrated Quantum,
its end-to-end payment cycle management solution with CardSecure®,
CardConnect’s comprehensive enterprise payment processing platform.
The integrated solution supports businesses by simplifying
the way they process, collect and apply credit and debit card
payments. The solution also provides customers with a secure
payment acceptance gateway, advanced merchant acquiring services,
and PCI-validated point-to-point encryption (P2PE) and tokenization
for complete data breach protection.
Prior to the public announcement of this partnership,
CardConnect and Billtrust's integrated solution had already been
successfully implemented with a number of top B2B companies
including thyssenkrupp Elevator. On Thursday, April 20th
thyssenkrupp Elevator will be speaking at Billtrust’s user
conference, Billtrust CONNECT 2017, in Orlando, Florida, on the
results they have achieved with CardConnect and Billtrust’s
combined solution. CardConnect will also be in attendance as
a Gold Sponsor.
“Billtrust is constantly seeking new ways to strengthen data
security for our customers,” said Mitchell Rose, Senior Vice
President Partner Solutions at Billtrust. “The integration of
CardConnect’s PCI-validated payment processing platform into our
solution, backed by their patented tokenization technology solves
real problems for our clients and is a great addition to our
offering.”
“Many of our customers are challenged with the very time
consuming task of manually reconciling invoices. Through our
partnership with Billtrust, we are pleased to offer a turnkey
solution that makes the invoice presentment, payment and cash
application process effortless and secure,” said Mark Passifione,
Senior Vice President of Enterprise Sales at CardConnect.
About CardConnectCardConnect (NASDAQ:CCN) is a
leading provider of payment processing and technology solutions,
helping more than 67,000 organizations – from independent coffee
shops to iconic global brands – accept billions of dollars in card
transactions each year. Since its inception in 2006, CardConnect
has developed advanced payment solutions backed by patented,
PCI-validated point-to-point encryption (P2PE) and tokenization.
The company’s small-to-midsize business offering, CardPointe, is a
comprehensive platform that includes a powerful reporting and
transaction management portal that extends to a native mobile app.
For enterprise-level organizations, CardSecure integrates
omni-channel payment acceptance into several ERP systems – such as
Oracle, SAP, JD Edwards and Infor M3 – in a way that minimizes PCI
compliance requirements and lowers transaction costs.
About BilltrustBilltrust accelerates cash flow
by automating invoice delivery, invoice payment, and cash
application. Companies can improve operational efficiency
throughout the invoice-to-cash process with electronic invoicing
and payments in a flexible, cloud-based solution. Finance
executives and AR specialists love and recommend Billtrust payment
cycle management solutions for the remarkable cost savings,
ease-of-use, and improved customer satisfaction rates.
Media Contact
CardConnect
Michael Starosciak
484.654.9668
CardConnect Corp. (NASDAQ:CCN)
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