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PaymentWorks

Coming – May 30

$1.3B In Monthly B2B Transactions On A Fraud-Proof Payment Platform

Date and Time

May 30

12:00 PM ET / 9:00 AM PT

Location will be provided upon RSVP approval

About this Event

As trillions of dollars in B2B Payments have moved from physical checks to electronic, fraud has been increasing. Last year it cost US businesses more than an estimated $2.3B and that number is growing fast.

PaymentWorks has developed a SaaS payments platform that not only facilitates the massive number of transactions executed every day, but also transfers the risk of fraud and compliance from the businesses to PaymentWorks. Their technology is so powerful, the platform has already been deployed by more than 160 large public and private institutions and businesses including Hormel, U-Haul, The State of Maine, and Johns Hopkins among others. There are currently 650,000 payees on the PaymentWorks platform, and the value of transactions exceeds $1.3B per month.

PaymentWorks has established an exclusive partnership with one of the largest US Banks to market the platform to their current and prospective customers. This bank trains its commercial bankers and treasury sales staff on the product. The program contributes a significant percentage of the company’s SaaS bookings.

In 2023 PaymentWorks launched the EarlyPay Vendor Advance Program that has the potential to increase Annual Recurring Revenue per customer by 2-3X. Customers earn cash rebates that can exceed the annual subscription license fee. Bank partners gain a new revenue stream that could be 2X greater than issuing virtual card programs. And, suppliers/payees gain access to cash in a tight interest rate environment.

Join our Webinar with PaymentWorks co-founder and CEO, Thayer Stewart, to hear how their rapidly expanding payments platform optimizes the time value of money, and the potential this creates for investors.

Hosted by Steven Saltzstein. CEO, Force Family Office

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