Speedpay Selected as Billing and Payments Provider for Rapid Auto Loans
14 8월 2018 - 9:55PM
Business Wire
Speedpay’s platform will provide Rapid Auto
Loans’ customers with a convenient, efficient electronic payments
experience
Speedpay, Inc.®, a Western Union subsidiary,
announced it was selected as the electronic billing presentment and
payments provider for Rapid Auto Loans, a Florida-based consumer
finance company specializing in immediate short-term cash loans on
vehicles. As part of its agreement with Speedpay, Rapid Auto Loans
will now offer customers a personalized, efficient payments
experience through Speedpay’s industry-leading platform.
“We understand there’s no one-size-fits-all solution to
payments, so we worked with Rapid Auto Loans to configure a
solution that addresses their customers’ needs,” said Frank
Lockridge, senior vice president, Western Union Global Payments and
head of Speedpay. “Working together closely, we were able to
implement an efficient payments solution to help Rapid Auto Loans
save money.”
Prior to signing with Speedpay, Rapid Auto Loans faced
challenges with payment processing. Looking for a convenient
offering that provided them with more control, the family-operated
company selected Speedpay, which created a payments experience
designed to meet the needs of Rapid Auto Loans’ customers.
“We are committed to providing personalized experiences for
customers who have immediate funding needs and working with
organizations that align with our brand values,” said Vana
Gerardi-Ross, chief operating officer, Rapid Auto Loans. “It was
important for us to find a cost-effective, comprehensive payments
provider with a focus on digital customer solutions to help us
develop a specialized offering – and we found that with
Speedpay.”
Due to Speedpay’s near perfect uptime, Rapid Auto Loans can
process payments with very few interruptions and customer service
representative interactions. Speedpay drives measurable results for
clients by developing payments strategies that are proven to
maximize ROI, reduce costs, increase efficiency and improve
customer experience and satisfaction.
About Speedpay
Speedpay, a Western Union subsidiary, is a pioneer in the
billing and payments industry, driving measurable results for
clients for nearly 30 years. Speedpay provides expert,
account-based consultation to develop bill presentment and payments
strategies tailored to clients’ unique needs. From web to mobile,
IVR, CSR or walk-in, Speedpay offers innovative solutions that help
simplify the customer payment experience to ensure customers can
pay according to their preferences, and billers get paid on time.
Our configurable approaches that help billers manage billing and
payments are proven to maximize ROI, reduce costs, increase
operational efficiency and improve customer experience and
satisfaction. For more information, please visit www.speedpay.com
or follow us on LinkedIn.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement. Our omnichannel
platform connects the digital and physical worlds and makes it
possible for consumers and businesses to send and receive money and
make payments with speed, ease, and reliability. As of June 30,
2018, our network included over 550,000 retail agent locations
offering Western Union, Vigo or Orlandi Valuta branded services in
more than 200 countries and territories, with the capability to
send money to billions of accounts. Additionally, westernunion.com,
our fastest growing channel in 2017, is available in 45 countries
and territories to move money around the world. In 2017, we moved
over $300 billion in principal in nearly 130 currencies and
processed 32 transactions every second across all our services.
With our global reach, Western Union moves money for better,
connecting family, friends and businesses to enable financial
inclusion and support economic growth. For more information, visit
www.westernunion.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180814005171/en/
Brownstein Group for SpeedpayShari Rosen,
267-238-4132srosen@brownsteingroup.com
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