REPAY Joins Visa Platform Connect, Granting ISO and ISV Clients Next-Generation Payment Infrastructure
Agreement positions REPAY as a clearing and settlement backend, enabling direct access to enterprise-grade infrastructure and real-time money movement capabilities
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.
