SpryWallet empowers utilities to seamlessly embed payment capabilities into their SpryPoint applications, enabling them to streamline payment, revenue and reconciliation processes.
SpryPoint, the leading enterprise software-as-a-service (SaaS) provider to Utilities across North America, is proud to announce the upcoming release of SpryWallet, an embedded payment solution designed specifically for the SpryCIS and SpryEngage platforms. SpryWallet empowers utilities to seamlessly embed payment capabilities into their SpryPoint applications, enabling them to streamline payment and revenue and reconciliation processes, while enhancing the checkout experience for the end customer.
With SpryWallet, utilities will benefit from:
- Embedded Payment Processing: SpryWallet natively integrates payment processing capabilities directly into SpryCIS and SpryEngage, allowing utilities to seamlessly accept front counter and online payments, providing an exceptional user experience.
- Frictionless Recurring and Automatic Payment Support: Simplifies the onboarding process for new and existing customers with SpryWallet’s streamlined enrolment flows to drive electronic payment adoption.
- Integrated Reconciliation: SpryWallet unifies bills, statements and payments optimizing the reconciliation process, eliminating hours of administrative work and the need to manage the process outside the SpryCIS platform.
- Security and Compliance: With robust security features and compliance controls, SpryWallet processes your transactions using best-in-practice data security and tokenization.
“We’ve been listening to our clients relay the friction and frustration they experience with third-party payment processing. We think there’s an opportunity to go beyond payments as a product, and instead deliver it as a natively integrated feature to SpryCIS and SpryEngage. To that end, we are excited to introduce SpryWallet to the utility community,” said Kyle Strang, CEO at SpryPoint. “By embedding payment capabilities directly into the SpryPoint platforms, utilities can bring payments closer to their existing meter-to-cash processes and at the same time, modernize and streamline the checkout experience for their customers.”
SpryWallet will be available for SpryCIS in July 2024, with support for SpryEngage later this year.
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