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Posted 6th December 2022

Make Platform Payments Your Superpower

Vertical market software is particularly niche, and it should be tailored to each business – as well as across every industry.

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Make Platform Payments Your Superpower
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Vertical market software is particularly niche, and it should be tailored to each business – as well as across every industry. From practice management to field service business software, property management to gym/fitness facility software, and non-profit/charity software or other verticals, Payrix has solutions that we can’t refuse. Here we explore its values and aims as it wins the exciting accolade of Best Mobile Commerce Solutions Provider – Southeast USA.

A great example of vertical market software is a point of sale (POS) system which is a combination of hardware and software that allows merchants to receive payments from customers, instantaneously – the communication between banks and payment processors is made possible by POS hardware and software.

There are many benefits to POS systems such as increased sales, better cash flow management, lower chances of theft, and customer convenience. When a customer buys things, they want the payment to go through instantly so that they may receive their goods right away.

Cash flow management is improved for businesses through POS systems because the money is usually transferred to the bank at the end of the working day. Alongside this, these electronic payments are easy to account for and resolve. As a bonus, since the reconciliation process can be automated, costs for businesses can be lowered.

Customer convenience plays a huge part in the benefits of POS systems as they wish to carry less cash. Also, by offering great POS systems, businesses can actually make more money as customers impulsively buy more. The ROI of the company then skyrockets as a result of this.

Also, a plethora of businesses are more likely to suffer theft and, therefore, it is great for them to be able to reduce the presence of cash on the premises. In the same vein, companies can save a substantial amount of money from security services by using POS systems, as there is less cash around. Also, when money is transferred electronically, we can guarantee less spread of viruses such as Covid-19 that has rippled throughout the world.

Introducing Payrix, we take a moment to look at how it is changing the world of mobile commerce solutions for intricate and innovative POS software. As a dedicated and intelligent team of payments and software experts, Payrix offers vertical software companies with a full-service platform where they can grow their business for the long run. This passion for easy payments to transmogrify a business puts Payrix in good stead, increases its success, and nurtures its network of business cooperation.

Payrix is on a mission to be the preeminent provider of embedded payment solutions for software businesses who want to monetize their platforms and eliminate friction. It’s why we combine expertise, quality and innovation with a flexible, all-in-one platform to empower our clients to focus on growth and pursuing their passion.

With strong ethics and values, Payrix lives by its desire to support its customers in a sustainable and fair way. With its product roadmap and customer experience entwined, Payrix “can unleash our possibilities”. Guaranteeing a streamlined service, and relationships that are nurtured from the beginning, Payrix has a surplus of customer and hiring experience that has allowed it to flourish.

Its values are integrity and accountability, client experience, innovation, continuous improvement, and teamwork – all of which have boosted it forward in the competitive industry. Staying true to its word and by being committed to its customers, Payrix is clear, honest, and understanding. In this way, Payrix is flourishing from all of the connections it has made – and kept – over its time.

Building solid relationships with its clients is the number one priority for such a provider. Always searching for ways to perfect and innovate its products, it empowers its customers and constructs a relationship that will stand the test of time. Not only this, but Payrix is devoted to sustaining the relationships within its team. Working side by side, the entire team have compassion for one another – and the end results truly show it.

Payrix ensures green to fuel growth, property management software, higher growth and returns, simplified processes, and much more. For example, field service business software can hugely benefit from Payrix’s solutions. Due to the fact that Payrix has the perfect set up to allow quick payments with simple billing and fee models, and better maintenance, a field service business can get paid via web, mobile, or ACH.

As a new vertical software platform supporting a plethora of industries and services, Payrix promises – and delivers – the best user experience possible. This is due to the launch of its product with an embedded payment solution that is compatible with all different payment types. Payrix knows that it is not a “one-size-fits-all” solution – which is exactly why it tailors its services to fit each business, never-mind each varying industry.

Dealing with underwriting, risk, and liability processes, Payrix analyses data so that its customers can have peace of mind and the smoothest experience. Manually and automatically collecting data is no small feat, however, Payrix has solutions that make it all swift and successful every time. This analysis contributed towards risk management of any business, and allows for breathing space when it comes to compliance regulations.

Charities can also hugely benefit from Payrix’s aid as it helps registered payment facilitators to switch over to a single platform for all of their payments needs. By doing so, each charity can severely reduce the costs of multiple software tools and vendors whilst keeping the same user experience throughout every service.

For the future, Payrix is going to become a giant in its industry, spreading around the world at a quick and unstoppable rate. It is already well on its way to this. The possibilities are endless with Payrix as it continues to invent easier and more effective solutions, and this is exactly why Payrix has won Best Mobile Commerce Solutions Provider – Southeast USA. We look forward to seeing what it does next.

For business enquiries, contact Billie-Anna Maher from Payrix on their website –  https://www.payrix.com/

Categories: Innovation, News


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