Partnership will enhance payment capabilities for lenders and finance companies across the Inovatec system
Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced its partnership with Inovatec Systems Corp, a provider of industry-leading, cloud-based lending solutions for all financial institutions.
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“Inovatec’s extensive experience across automotive, equipment, and consumer sectors, along with its strong presence in the United States and Canada, makes this a valuable and exciting partnership to embark on”
As an integrated partner with Inovatec, REPAY will enable lenders and finance companies on the Inovatec system to securely accept debit cards, credit cards, and ACH payments through its digital suite of consumer-facing payment channels, including text-to-pay, Interactive Voice Response (IVR) phone pay, the REPAY mobile app, and online payment portals.
With its strength in business process automation, Inovatec’s configurable loan servicing and customer engagement platform provides full servicing capabilities and portfolio analytics while allowing businesses to create customized processes and workflows throughout the lifecycle of a loan or lease.
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“Inovatec’s extensive experience across automotive, equipment, and consumer sectors, along with its strong presence in the United States and Canada, makes this a valuable and exciting partnership to embark on,” said Susan Perlmutter, Chief Revenue Officer of REPAY. “These critical times have proven how important it is for lenders to offer convenient, easily accessible digital payment solutions to their customers to help reduce friction in the loan origination and repayment processes.”
Inovatec’s cloud-based software solutions for the automotive industry streamline the process of submitting applications to lenders. Combined with REPAY’s market-tested, proven transaction processing platform, Inovatec can ensure an optimal customer experience with a turnkey, fully digital solution that can be rapidly deployed end-to-end.
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