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NewProducts
ConnexPay ACH or paper check, including automated check printing
and delivery when needed, the company added.
Payment Valet
https://www.connexpay.com “We kept hearing the same story: great software, growing
business, payment processing that couldn’t keep pace,”
said CEO Ben Peters. “Payment Valet is built from the
ground up to remove that burden and deliver reliability
at scale.”
The solution combines four core capabilities, described by
ConnexPay as follows:
1. Payee network management keeps recipient pay-
ment details current, reducing failed transactions
and manual updates.
2. Payment delivery fulfillment routes each payment
through the preferred method of the recipient.
Streamline payment 3. Payment preference management allows payees to
update their own details through white-labeled por-
delivery with 4. Payee care services provide recipient support, with
tals, easing administrative workloads.
managed services ConnexPay handling inquiries and payment issues
under the client’s brand.
solution Payment Valet is aimed at organizations where payment
delivery creates operational strain. Vertical SaaS platforms
in industries such as construction, property management
and hospitality can add end-to-end payment capabilities
without building infrastructure, ConnexPay pointed out.
onnexPay introduced Payment Valet, a man-
aged services solution designed to simplify the Fintech providers can expand into payouts through white-
often fragmented last mile of B2B payments. label or partnership models. High-volume disbursement
C The new offering extends the company’s uni- organizations, including insurance brokers and claims
fied payments platform beyond processing, adding pay- processors, gain compliance-ready payment delivery with
ment delivery, payee network management and supplier audit trails and scalable operations, the company added
support services. .
The launch builds on ConnexPay’s platform, which
While many organizations have modernized how connects incoming and outgoing payments in real time
they accept and process payments, delivering funds to to reduce working capital constraints. By extending into
recipients remains complex and manual. Payment Valet managed payment delivery, the company is positioning
addresses that gap by centralizing payment delivery into Payment Valet as a way for businesses to offload operational
a fully managed service, ConnexPay stated. complexity while improving payment efficiency and
reliability. For more information, please visit https://www.
The solution handles tasks ranging from maintaining connexpay.com.
payee preferences to issuing payments via virtual card,
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