PPRO,
a leading global e-payments specialist, has partnered with HighRadius,
a fintech enterprise Software-as-a-Service company specializing in
automating the order-to-cash and treasury management processes, to offer
merchant clients more options and a faster and easier way to accept
payments from their buyers. The integrated offering from HighRadius and
PPRO allows for the discovery and support of local payments in key
markets.
By combining the HighRadius® Integrated Receivables platform with
PPRO’s wide array of local payment methods (LPMs), clients receive a
completely seamless experience that matches the growing diversity in
payment preferences globally.
“We are excited to partner with such an innovative company. HighRadius
has developed a great range of B2B solutions, and we are proud to be
able to provide their merchants with Local Payment connections from
around the world,” said Steve Villegas, Vice President of Partner
Management at PPRO. “Together we will offer a unique value proposition
to a market that continues to grow and is looking for innovation from
its business partners.”
The integrated solution simplifies B2B payments, while also making the
process faster and more accurate. Launched throughout the European
region, this partnership will broaden the number of payment options
available to HighRadius clients, giving businesses access to various
LPMs, including Entercash (AT, DE, FI, SE), Giropay, iDEAL, P24, Sofort,
Trustly, SEPA, and Bancontact. These non-traditional local payment
methods help facilitate the changing, global payment environment.
HighRadius customers can now experience the simplicity, convenience, and
choice of LPMs.
“As a part of our global expansion and offering of our Integrated
Receivables platform, we are embracing newer payment methods as they are
becoming more relevant to the B2B world,” said Sayid Shabeer, Chief
Product Officer, HighRadius. “We believe with PPRO we will be able to
provide a variety of Local Payment Methods to our clients and keep
bringing new efficiencies to transactions.”
About HighRadius Corporation
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company
which leverages Artificial Intelligence-based Autonomous Systems to help
companies automate Accounts Receivable and Treasury processes. The HighRadius®
Integrated Receivables platform reduces cycle times in your
order-to-cash process through automation of receivables and payments
processes across credit, electronic billing and payment processing, cash
application, deductions and collections. HighRadius® Treasury
Management Applications help teams achieve touch-less cash
management, accurate cash forecasting and seamless bank
reconciliation. Powered by the RivanaTM –
the Artificial Intelligence Engine Purpose-Built for Finance and the FreedaTM Digital
Assistant, HighRadius enables teams to leverage machine learning to
predict future outcomes and automate routine labor-intensive tasks. The radiusOneTM B2B
Collaboration Network allows suppliers to digitally connect with buyers,
closing the loop from supplier receivable processes to buyer payable
processes. HighRadius solutions have a proven track record of increasing
operational efficiency through automation, optimizing cash flow,
reducing days sales outstanding (DSO) and bad debt, so that companies
may achieve strong ROI in just a few months. To learn more, please visit www.highradius.com.
About PPRO
Cross-border e-payment specialist PPRO
removes the complexity of international e-commerce payments by
acquiring, collecting and processing an extensive range of local payment
methods for Payment Service Providers (PSPs) under one contract, through
one platform and one single integration. PPRO supports international
payment methods across more than 100 countries, allowing PSPs to expand
their merchants’ e-commerce reach, arrange hassle-free collection and
achieve higher conversion rates.
Founded in 2006 and headquartered in London, PPRO is an EU-certified
financial institute with an e-money license issued by the British
regulatory body FCA. For more information, please visit www.ppro.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190514005320/en/