Published by Gbaf News
Posted on July 27, 2017
Integrated technologies to benefit small businesses by delivering fast and secure mobile payments processing at below-average rates and sync payment data with accounting platforms in real time
Payably™, a FinTech platform offering one of the only mobile payments solutions to integrate data with QuickBooks Online in real time, today announced its partnership with CardConnect®, a leading payment processing and technology company.
Payably will integrate CardConnect’s cutting-edge payment processing technology with its already-existing mobile payments platform. This strategic partnership allows Payably to streamline its merchant services offering by simplifying and speeding up each aspect of the mobile payments process – the initial onboarding (registration and approval), processing payments, and receiving payments. Additionally, this partnership provides Payably with the flexibility to offer competitive card processing rates and increases the level of data security integrated into the platform.
“CardConnect’s recent focus has been on attracting innovative partners and developing our strategic relationships with products like Payably,” said Angelo Grecco, Chief Business Development Officer at CardConnect. “Through these partnerships, we are able to better service our SME customers both directly and indirectly.”
Payably provides small business owners with a platform to accept and process mobile payments, but its core business model is focused on its SaaS-based technology platform that operates on the back end to automatically connect payment transactions with merchants’ accounting platforms and generate business analytics in real time. It eliminates the need for manual data entry in bookkeeping and prevents duplicate entries without requiring business owners to take any additional steps – once the payment is received, the information appears in QuickBooks Online without lag time. Additionally, Payably automatically collects this data to produce up-to-the minute reports on transactional data.
“Our partnership with CardConnect ensures our customers are still receiving the best in accounting integration and analytics reporting, while also providing them with access to best-in-class payments technology – meaning quicker transactions and increased security and data breach protection,” said Steven Shollenberger, Co-Founder of Payably. “This partnership supports our key philosophy for Payably – be the best at what we do well and integrate the technologies that other companies have already perfected into our platform to alleviate the administrative burdens placed on small business owners, allowing them more time and resources they can reallocate to growing their businesses.”
In conjunction with this partnership, Payably announced changes to its subscription offerings. It now will offer three distinct services, which can be bundled based on customer needs – a shift from the all-in-one platform previously offered.
Payably’s new service model and the benefits from this partnership will take immediate effect.
Integrated technologies to benefit small businesses by delivering fast and secure mobile payments processing at below-average rates and sync payment data with accounting platforms in real time
Payably™, a FinTech platform offering one of the only mobile payments solutions to integrate data with QuickBooks Online in real time, today announced its partnership with CardConnect®, a leading payment processing and technology company.
Payably will integrate CardConnect’s cutting-edge payment processing technology with its already-existing mobile payments platform. This strategic partnership allows Payably to streamline its merchant services offering by simplifying and speeding up each aspect of the mobile payments process – the initial onboarding (registration and approval), processing payments, and receiving payments. Additionally, this partnership provides Payably with the flexibility to offer competitive card processing rates and increases the level of data security integrated into the platform.
“CardConnect’s recent focus has been on attracting innovative partners and developing our strategic relationships with products like Payably,” said Angelo Grecco, Chief Business Development Officer at CardConnect. “Through these partnerships, we are able to better service our SME customers both directly and indirectly.”
Payably provides small business owners with a platform to accept and process mobile payments, but its core business model is focused on its SaaS-based technology platform that operates on the back end to automatically connect payment transactions with merchants’ accounting platforms and generate business analytics in real time. It eliminates the need for manual data entry in bookkeeping and prevents duplicate entries without requiring business owners to take any additional steps – once the payment is received, the information appears in QuickBooks Online without lag time. Additionally, Payably automatically collects this data to produce up-to-the minute reports on transactional data.
“Our partnership with CardConnect ensures our customers are still receiving the best in accounting integration and analytics reporting, while also providing them with access to best-in-class payments technology – meaning quicker transactions and increased security and data breach protection,” said Steven Shollenberger, Co-Founder of Payably. “This partnership supports our key philosophy for Payably – be the best at what we do well and integrate the technologies that other companies have already perfected into our platform to alleviate the administrative burdens placed on small business owners, allowing them more time and resources they can reallocate to growing their businesses.”
In conjunction with this partnership, Payably announced changes to its subscription offerings. It now will offer three distinct services, which can be bundled based on customer needs – a shift from the all-in-one platform previously offered.
Payably’s new service model and the benefits from this partnership will take immediate effect.
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