LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- UNIPaaS, a leading Payment as a Service (PaaS) provider, has announced a new partnership with American Express that will enable more small and medium-sized businesses (SMBs) to offer their customers the option of paying invoices with Amex Cards through its platform.

UNIPaaS powers Software as a Service (SaaS) platforms' payment services with a white-labelled, fully managed solution, allowing them to easily offer a unified and seamless acceptance of all relevant payment methods to their users. SMBs using UNIPaaS receive generative AI recommendations based on their transaction history to determine which payment methods they should offer their customers to drive faster and more efficient payments.

Customer behaviour shows that when payment options like American Express are offered, a significant share of customers choose this payment method, thereby increasing the speed and efficiency of business invoice payments.

Since its inception, UNIPaaS has processed millions of card transactions along with other payment methods such as direct debits, bank transfers, and mobile wallet payments for a wide range of B2B clients. The company continuously optimises its solution to tailor the payment journey to the specific needs of SaaS platforms in various industries, including healthtech, accounting, education, mobility, and more.

This new partnership enables users of these SaaS platforms to easily accept American Express payments, catering to the many customers that prefer to pay with Amex. This integration simplifies the payment process, improves cash flow management, and enhances overall payment convenience and efficiency.

David Avgi, CEO of UNIPaaS, expressed his enthusiasm: “We are honoured to be selected by American Express for this strategic partnership. This collaboration highlights our dedication to providing SaaS platforms with fully personalised payment user journeys, adapted to their business models and their industry. We see great potential for growth in B2B invoice payments by card.”

Dan Edelman, General Manager of UK Merchant Services at American Express, added: “This new partnership with UNIPaaS gives even more businesses the flexibility and payment convenience of using American Express to pay more of their invoices.”

About UNIPaaS

UNIPaaS is a leading Unified Payment as a Service (PaaS) Provider that empowers B2B SaaS platforms and Enterprise merchants to use payment services as a growth engine. At the heart of successful payments, UNIPaaS offers solutions to seamlessly embed payments directly into SaaS platforms. Supported by UNIPaaS's expert team guidance and advanced technology, including Generative AI, this integration drives user acquisition, enhances activation, and achieves superior retention, thereby significantly boosting its partners' revenue and customer loyalty.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bcb74224-8a71-4e4f-bca8-705a899b56ec

This item of content is a press release from a third party provider who make no warranties or representations in connection with this content and therefore PA can make no warranties in respect of its use.

Tags

More Like This

Unipaas and Mastercard Join Forces to Boost Card Acceptance for SMEs via Vertical SaaS

UNIPaaS launches AI Assist solution to unlock payment growth potential for SaaS platforms

Unipaas and PSE Consulting launch how-to guide for SaaS platforms to drive 10X Average Revenue Per User with next-generation embedded payments

Unlimit and UnionPay International Announce Global Issuing Partnership

Adyen Partners With BILL to Provide Advanced Card Issuing Capabilities

Ingenico and Diggecard announce a comprehensive gift card solution for acquirers using PPaaS, Ingenico's Payments Platform as a Service

BofA Unveils Virtual Payables Solution to Support the Booming B2B Market

Unaric acquires Asperato, a UK Salesforce Software Vendor and Payment Solutions Provider