VelocIT Business Solutions
Acquisition in 2022
VelocIT Business Solutions is a company that specializes in development and business process automation, with a strong emphasis on advanced digital payment services. The firm caters primarily to accounting and ERP partners, offering an omnichannel payment solution that seamlessly integrates ERP systems with merchant accounts. This integration automates and optimizes the payment process, providing businesses with the capability to manage multiple sales channels effectively. Through its innovative solutions, VelocIT aims to enhance operational efficiency and streamline financial transactions for its clients.
Paragon Payment Solutions
Acquisition in 2021
Paragon Payment Solutions is a specialized provider of electronic payment processing services focused on revolutionizing integrated payments. The company offers tailored solutions and strategic partnerships aimed at helping software providers and their customers succeed. Paragon delivers real-time access to data, automated batch processing, and convenient tracking and searching capabilities, particularly for the non-profit and healthcare sectors. Their services are designed to be secure and cost-effective, addressing the unique needs of software providers and merchants. Through these purpose-built programs, Paragon Payment Solutions aims to enhance the overall payment experience for its clients and their customers.
The Payment Group
Acquisition in 2020
The Payment Group, LLC is a payment processing software developer based in Dallas, Texas, incorporated in 2003. The company specializes in providing online payment services to courts, agencies, and municipal departments. Its offerings include court payments, utility payments, onsite payment processing, and phone payment solutions. The Payment Group's fully-integrated software system automates the payment process, allowing clients to receive payments online and process them instantly. This automation not only saves time and reduces costs for its municipal clients but also facilitates easier payment options for citizens, who can pay remotely or via phone. As of October 2020, The Payment Group operates as a subsidiary of Paya, Inc.
First Billing Services
Acquisition in 2019
First Billing Services, LLC is a provider of electronic bill presentment and payment solutions, primarily catering to utility and municipal government clients. Founded in 2011 and headquartered in Dayton, Ohio, the company specializes in innovative billing solutions that also extend to the multi-family, healthcare, and service industries. By integrating its electronic billing and payment services into the workflows of its clients, First Billing Services facilitates increased adoption of electronic payments, streamlines collection cycles, and enhances customer engagement. The company aims to enable organizations to concentrate on their core competencies, ultimately improving customer service and retention while reducing operational costs. As of December 31, 2018, First Billing Services operates as a subsidiary of Paya, Inc.
Stewardship Technology
Acquisition in 2018
Stewardship Technology, Inc. is a provider of electronic payment-processing solutions, specializing in services for nonprofits, faith-based organizations, and educational institutions. Founded in 2002 and headquartered in Mount Vernon, Ohio, the company offers a cloud-based financial platform that facilitates online giving, payment processing, and donation management. Its offerings also include pension and benefit processing services tailored for church employees, along with solutions for mission payments and foundations. As of November 1, 2018, Stewardship Technology operates as a subsidiary of Paya, Inc.