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Flute Flute's platform combines payment acceptance, reporting,
merchant servicing and embedded finance capabilities
Unified Payments Platform into a centralized dashboard. Merchants can view
https://flute.com payments, deposits and transaction reporting in one place
while also accessing business management tools such as
invoicing, recurring billing and dispute resolution.
Built to help businesses run
The platform's embedded finance capabilities are designed
to provide same-day payouts and working capital offers
based on merchants' own transaction histories.
"Most merchants didn't choose their payment processor
so much as they just inherited one," Derek Dean, CEO of
Flute, said in a statement. "We built Flute to free growing
businesses from that trade-off."
Centralize payments, The platform is intended to provide more transparent
pricing, simplified reporting and modern payment
reporting and acceptance tools while reducing operational friction for
merchants handling disputes, cash flow management and
financing reconciliation.
Flute Chief Product & Technology Officer Avin
Arumugam said the company designed the platform to
lute launched a unified payments platform help merchants use payment data more strategically across
designed to help small and midsize businesses their operations. "With Flute, that data feeds their working
manage payment acceptance, working capi- capital, their reporting and their tools," Arumugam stated.
F tal and day-to-day operations from a single "We didn't build a platform that processes payments, we
account. built one that helps businesses run."
The launch accompanies the company's rebrand from The company mentioned that since its founding, it has
Aurora Payments to Flute and follows what it described signed more than 113,000 customers and processed more
as a multi-year investment in leadership, engineering and than $40 billion in payment volume. Its partner network
product development. includes ISOs, ISVs and trade associations including
Jewelers of America and National Funeral Directors
The new platform targets businesses operating in what Association.
Flute calls the "everyday economy," including independent
retailers, salons, restaurants, veterinary clinics, hospitality The unified platform is now available to merchants and
businesses and professional service providers. According partners nationwide. Learn more at https://flute.com.
to the company, many of those merchants have traditionally
faced a choice between modern self-service payment tools
lacking industry-specific support and legacy processors
with outdated technology and pricing models.
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