ConnexPay Launches Intelligent PayOuts Technology

Author

Slice of Finance Team
16 Jun

Key Highlights:

  • Patent-pending Intelligent PayOuts technology integrated into ConnexPay's platform.

  • Harnesses AI, machine learning, and big data for optimal payment outcomes.

  • Reduces cross-border and FX fees, boosts card acceptance, and maximizes rebates.

  • Provides strategic supplier payments based on global transaction volume.

Source (Business Wire)

Notable Quote

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"ConnexPay continues to be at the forefront of payments innovation, with our launch of Intelligent PayOuts being another prime example. This market-leading technology is truly generative and derives learnings from our global payment network to ensure each client delivers the right payment to achieve the optimal payment outcome."

Ben Peters, Chief Executive Officer at ConnexPay

Our Take:

ConnexPay's introduction of the Intelligent PayOuts technology marks a significant advancement in the payments industry. By embedding AI, machine learning, and big data into their platform, ConnexPay not only enhances the efficiency of payment transactions but also ensures superior financial outcomes for their clients. This innovation aligns with ConnexPay's history of pioneering payment solutions, reinforcing their position as a leader in the sector. The integration of Intelligent PayOuts with their existing suite of payment capabilities, such as ConnexPay Exclusives, underscores their commitment to delivering comprehensive, cutting-edge solutions to businesses globally.