Datatel’s integration with VoPay’s A2A network platform delivers to businesses, healthcare providers and government institutions a complete suite of C2B and B2B EFT acceptance, bank-debit and payout solutions that enable businesses to accelerate bill-to-payment time and provide a simplified payment experience for its customers
Datatel Inc., a leader in IVR Payments and Payment Technology solutions for over 20 years announced a partnership with VoPay to bring advanced EFT acceptance and payout solutions to Canadian businesses.
As part of its strategy to enable merchants to accept payments and initiate payouts through multiple channels 24/7 by the way of easy-to-use software – including EFT, direct debit payments, payouts and account-to-account payments – Datatel has partnered with VoPay, a leading-edge payment technology solution provider specializing in fast, data-rich, and efficient open banking payment technology.
Datatel’s integration with VoPay’s A2A network platform delivers to businesses, healthcare providers and government institutions a complete suite of C2B and B2B EFT acceptance, bank-debit and payout solutions that enable businesses to accelerate bill-to-payment time and provide a simplified payment experience for its customers.
For example, an insurance company can direct customers to pay their bills by visiting their website or from a link included in an invoice which allows the customer to make authorized A2A payments by connecting a bank account, have its ownership validated, and pay for their policy. Policyholders can also authorize future policy payments from the same bank account from the same interaction. Or a car dealership can direct customers to make their vehicle down payment by sending them a payment link that allows the new car owner to authorize the payment directly from their bank account, thus, allowing deals to close faster as well as eliminating the paperwork and paper cheque exchange process commonly used in the industry.
Read More: Socure and SpecTrust Partner to Seamlessly Deliver Digital Identity Verification and Fraud Solutions
“Our partnership with VoPay will make it as easy as possible for businesses to add [bank linked payments] with as little work as possible,” says Barnard Crespi, co-founder, and Co-CEO at Datatel. “Through our combined solutions, we aim to deliver a simplified payment experience and remove the complexities that businesses currently experienced with their payment process”
In addition to enabling automated account-2-account C2B and B2B payments, Datatel also provides through its partnership with VoPay risk mitigation as a built-in service. This ensures all transfers originating from a payee will complete as intended or cancelled without a negative impact on the customer or business.
“We look forward to this great partnership with Datatel, and the impact it will have on businesses and how they operate,” said Hamed Arbabi, Chief Executive Officer at VoPay. “Through this partnership with Datatel, we are aiming to solve critical payment pain points and inefficiencies for both businesses and consumers across North America by utilizing Open Banking payment technology and data intelligence solutions.”
Read More: Grayscale Investments Doubles Its Suite of SEC Reporting Investment Products
