- Flywire, a global payments enablement and software firm, has said that it will work with Quadient as part of a push to automate and digitise global business-to-business payments.
- The move will result in a series of benefits for customers of both companies.
- “Integrating Quadient’s cloud suite with leading enterprise platforms and partnering with best-in-class technology providers like Flywire is a key aspect of our go-to-market approach,” said a spokesperson for Quadient.
Two big names in the finance world have announced a new collaboration to help with the automation and digitalisation of international cross-border payments.
Flywire, a global payments enablement and software firm, will work with Quadient, a company specialising in business process automation and customer experience.
The move will see Quadient’s ‘accounts receivable’ service, YayPay by Quadient, rolled out to Flywire’s business clients all over the world.
The Flywire offer, which includes vertical-specific software packages and a global payment network, will now integrate with the YayPay service.
For Quadient, clients will be offered the chance to enjoy dynamic payment options – including settlement for payments in over 240 nations around the world.
Ultimately, over 140 global currencies will be available to use.
It will also be possible for YayPay users to use Flywire while making international transactions via electronic banking or direct debit.
In a statement, the executive vice president and general manager of business-to-business at Flywire said that the company was pleased to have had the opportunity to pair up with Quadient.
Ryan Frere said that he considered the relationship between the two firms to be a “natural fit”.
“When the opportunity came up to partner with the YayPay by Quadient invoice and billing solution, this was a natural fit,” he said.
He added that Flywire had a strong commitment to helping firms operate more efficiently.
“Flywire is committed to driving operational efficiencies for business all around the world, and this partnership enables us to extend the reach of our solution. We’re thrilled to partner with the Quadient team.”
Quadient’s chief strategy and product officer for Accounts Receivable Automation said that the partnership would bring two top companies together.
Anthony Venus said that Flywire represented “the obvious choice” when it came to striking up a partnership.
“This is a strategic partnership that brings two market-leading companies together, and Flywire’s incredible network and payment architecture was the obvious choice for YayPay as we continue to expand our international footprint,” he said.
“Integrating Quadient’s cloud suite with leading enterprise platforms and partnering with best-in-class technology providers like Flywire is a key aspect of our go-to-market approach.”
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