BOLTS Technologies and JetPay Announce Partnership
January 10 2018 - 7:17PM
JetPay Corporation ("JetPay" or the "Company") (NASDAQ:JTPY), a
payment processor and HR & Payroll services provider and BOLTS
Technologies, a software provider that specializes in deposit
account onboarding solutions for financial institutions; have
partnered to offer Financial Institutions “best in class” payments,
HR & Payroll, and account opening technology.
Through the partnership with JetPay, Financial Institution
clients of BOLTS Technologies can benefit from JetPay’s leading
edge payments products and a suite of HR and Payroll services
that includes a “white glove” service standard for which
JetPay is known.
BOLTS’ customizable omni-channel account opening platform, which
includes a dynamic rules engine, will allow JetPay to offer its
Financial Institution clients greater control over the account
onboarding process. In addition, with BOLTS’ unique funding
integration, onboarding new clients becomes seamless and proves to
drive deposit growth and retain valued relationships.
“BOLTS Technologies and JetPay have partnered to provide
Financial Institutions innovative solutions from both companies
that will save time and increase client profitability,” said Diane
Faro, CEO of JetPay. “We value the opportunities with BOLTS and
continue to see growth opportunities with our Financial Institution
partners making this a win-win partnership,” Ms. Faro
continued.
“BOLTS Technologies is excited to offer JetPay’s funding
services to our bank and credit union customers to assist them with
funding new and existing account holders’ deposit accounts.
Combining BOLTS’s seamless deposit onboarding platform with
JetPay’s full range of funding options will further enhance our
deposit account offering,” said Scott Field, CEO of
BOLTS.
About JetPay Corporation
JetPay Corporation, based in Center Valley, PA, is a leading
provider of vertically integrated solutions for businesses
including card acceptance, processing, payroll, payroll tax filing,
human capital management services, and other financial
transactions. JetPay provides a single vendor solution for payment
services, debit and credit card processing, ACH services, and
payroll and human capital management needs for businesses
throughout the United States. The Company also offers low-cost
payment choices for the employees of these businesses to replace
costly alternatives. The Company's vertically aligned services
provide customers with convenience and increased revenues by
lowering payments-related costs and by designing innovative,
customized solutions for internet, mobile, and cloud-based
payments.
About BOLTS TechnologiesBOLTS Technologies specializes in
providing software that speeds up the account opening process,
improving the customer experience and allowing the banker to spend
more time helping new or existing depositors with other banking
business. The BOLTS’s single-platform account opening solution
assists both the branch employee by allowing them to onboard
customers anywhere using a tablet and the customer, giving them the
ability to open accounts for a new customer in less than five
minutes and existing customers in approximately 90 seconds.
BOLTS’s account onboarding platform BOLTS OPEN, distinguishes
itself as an extremely customizable platform that has provided its
customers with unparalleled control through its dynamic rules
engine.
Media Contact:Michelle Jenkins, Chief
Marketing
Officermichelle.jenkins@jetpay.com
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