Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically integrated payment solutions, has announced its partnership with Katabat, a global supplier of debt management software solutions, the company said.
The integration between the two platforms brings new efficiencies to the consumer lending and receivables management industries, streamlining communications, optimizing consumer engagement, and reducing delinquencies over the loan lifecycle.
Katabat´s digital debt collection software offers world-class solutions that enable clients to meet the growing consumer demand for omni-channel access to review payment offers and make payments. REPAY´s proprietary platform will serve as one of the payment engines behind Katabat´s solutions, enabling lenders and debt collection agencies to seamlessly accept credit and debit cards as well as ACH payments, 24/7, through an online web portal. Katabat clients will also have the ability to take advantage of consumer-facing payment channels, including text pay, Interactive Voice Response (IVR)/phone pay, and the REPAY mobile app.
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY´s proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers and businesses.
With more than a decade of experience delivering debt collection solutions to global banks and debt collection agencies, Katabat combines collections and machine learning expertise to help clients engage with customers and increase collections. Katabat partners with lenders and collectors across multiple industries to stay on the cutting edge of debt management, machine learning, automation, regulatory compliance, and data security. To learn more about our full range of debt management products, contact Katabat at firstname.lastname@example.org.