Latest news with #BPPay
Yahoo
28-03-2025
- Business
- Yahoo
BillingPlatform unveils new payment processing solution
BillingPlatform has launched a payment processing solution, BP Pay, to remove the complexity of third-party integrations. BP Pay claims to offer a unified workflow for billing and payment processes, thereby phasing out the traditional 'swivel chair' of using multiple systems, the company said. This integration is intended to facilitate an automated workflow within a single platform, eliminating the need for manual interventions, compliance and external connectors, the company said in a statement. The solution is now available and has been implemented by several customers, including an insurtech firm. This provider, which has been utilising BillingPlatform's revenue lifecycle management solutions for over three years, has implemented BP Pay. BP Pay is designed to optimise payment processing by removing reliance on external systems, which is expected to reduce downtime and failures. It offers support from a single vendor, which could streamline the resolution of issues. The company also promises quicker implementation times and compliance with the payment card industry data security standard (PCI DSS). Additionally, BP Pay provides unified audit trails, which are intended to improve the reliability and ease of record-keeping. BillingPlatform CEO Dennis Wall said: 'By offering best-in-class payments processing directly into our platform we're doing more than just simplifying processes, we're also helping enterprises unlock new levels of business agility and customer satisfaction. BP Pay underscores our vision of providing a complete revenue management solution that adapts to the dynamic needs of modern digital enterprises worldwide.' Last month, BillingPlatform announced that Quickbase, an AI-powered work management platform, expanded its use of BillingPlatform's services by activating native revenue recognition functionality to enhance its revenue management processes. "BillingPlatform unveils new payment processing solution " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
28-03-2025
- Business
- Yahoo
BillingPlatform unveils new payment processing solution
BillingPlatform has launched a payment processing solution, BP Pay, to remove the complexity of third-party integrations. BP Pay claims to offer a unified workflow for billing and payment processes, thereby phasing out the traditional 'swivel chair' of using multiple systems, the company said. This integration is intended to facilitate an automated workflow within a single platform, eliminating the need for manual interventions, compliance and external connectors, the company said in a statement. The solution is now available and has been implemented by several customers, including an insurtech firm. This provider, which has been utilising BillingPlatform's revenue lifecycle management solutions for over three years, has implemented BP Pay. BP Pay is designed to optimise payment processing by removing reliance on external systems, which is expected to reduce downtime and failures. It offers support from a single vendor, which could streamline the resolution of issues. The company also promises quicker implementation times and compliance with the payment card industry data security standard (PCI DSS). Additionally, BP Pay provides unified audit trails, which are intended to improve the reliability and ease of record-keeping. BillingPlatform CEO Dennis Wall said: 'By offering best-in-class payments processing directly into our platform we're doing more than just simplifying processes, we're also helping enterprises unlock new levels of business agility and customer satisfaction. BP Pay underscores our vision of providing a complete revenue management solution that adapts to the dynamic needs of modern digital enterprises worldwide.' Last month, BillingPlatform announced that Quickbase, an AI-powered work management platform, expanded its use of BillingPlatform's services by activating native revenue recognition functionality to enhance its revenue management processes. "BillingPlatform unveils new payment processing solution " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
BillingPlatform Introduces BP Pay® to Redefine Payment Processing with Seamless Interoperability across the Revenue Lifecycle
Global enterprise customers now able to monetize, collect and maximize payments all in one revenue lifecycle management platform DENVER, March 27, 2025 /PRNewswire/ -- BillingPlatform, the enterprise revenue lifecycle management platform for today's innovative business models, today announced the launch of BP Pay®, its new payment processing solution. Designed to eliminate the complexity of third-party payment integrations, BP Pay empowers businesses to deliver a unified experience for their customers while reducing costs, streamlining operations and maximizing payment efficiency. By offering seamless interoperability between billing and payments, BP Pay transforms the traditional "swivel chair" process of flipping between different systems and interfaces for relevant data into a single, end-to-end automated workflow in one platform. With BP Pay, businesses no longer need external connectors or manual interventions, enabling faster implementation, centralized compliance and enhanced customer experiences. BP Pay is available now and already deployed with multiple customers, including a major insurance technology provider. The company has been using BillingPlatform's full suite of revenue lifecycle management solutions for more than three years and added BP Pay to further accelerate its business growth. "BP Pay addresses customer demand for increased revenue and cash visibility and control with a seamless solution that combines billing, invoicing and payment processing in a single platform," said Igor Stenmark, Managing Director and co-founder of MGI Research. "This type of integrated capability should help organizations remove friction from customer experience and reduce revenue leakage." BP Pay addresses critical pain points faced by businesses managing disparate billing and payments solutions, including: Optimized Payment Processing: Seamless, native functionality eliminates external systems, reducing downtime and failures. End-to-End Automation: Streamlined workflows minimize manual tasks, ensuring smoother operations. Enhanced Customer Experience: Reliable performance and single-vendor support enhance satisfaction and simplify issue resolution. Business Efficiency: Faster implementation and centralized PCI DSS compliance reduce setup time and regulatory burden. Unified audit trails make record-keeping easier and more reliable. "By offering best-in-class payments processing directly into our platform we're doing more than just simplifying processes, we're also helping enterprises unlock new levels of business agility and customer satisfaction," said Dennis Wall, BillingPlatform CEO. "BP Pay underscores our vision of providing a complete revenue management solution that adapts to the dynamic needs of modern digital enterprises worldwide." BillingPlatform has earned many recent accolades, including being recognized as the Leader in Forrester Research's "The Forrester Wave™: Recurring Billing Solutions, Q1 2025," being a Leader in the first-ever Gartner® Magic Quadrant™ for Recurring Billing Applications, evaluated with the highest overall rating in the MGI 360™ Ratings Report for Agile Billing, named the Leader in QKS Group's SPARK Matrix™ Report for Subscription & SaaS Billing Management, named to Constellation Research's Smart Services Digital Monetization Platforms ShortList™ for 2024, positioned as an Automated Revenue Management Market Leader by MGI Research and named a leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications Vendor Assessment. The company was also awarded the IDC 2024 SaaS Award for Customer Satisfaction in Subscription Management, recognized as a fast-growing company on Deloitte's Technology Fast 500™, listed on the Inc. 5000 and recognized by the SIIA CODiE Awards program as the Best Subscription Billing Solution. About BillingPlatform, Corp. BillingPlatform empowers businesses with innovative software solutions to optimize revenue generation through every stage of the customer lifecycle, powering growth through operational agility along with a frictionless customer experience. Our industry-leading, cloud-based platform is leveraged by global enterprises to optimize the customer journey from idea to revenue. With global customers across multiple industries, including software, finance, media, transportation, and communications, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit Press Contact: Doug BroadBillingPlatform billingplatform@ View original content to download multimedia: SOURCE BillingPlatform Sign in to access your portfolio
