Thryv Holdings, Inc. (NASDAQ:THRY), the provider
of Thryv® software, the fully integrated, end-to-end
customer experience platform for growing small businesses,
announces that its payment processing service, ThryvPaySM, has
become the largest payment processing option within the Thryv
platform, both in volume processed and number of transactions as of
May 2021.
“With five popular payment processing choices available within
Thryv’s platform, ThryvPay is favored among users,” says Ryan
Cantor, Thryv’s VP of Product and Marketing. “In fact, Thryv
customers who have signed up for payment services within the
software since the beginning of 2021 have chosen ThryvPay more than
half of the time. The other four payment options, combined, make up
the remaining.”
“The success of ThryvPay is due in great part to our team’s
close working relationships with our clients,” Cantor continues.
“Our service-based businesses needed a payments service that works
the way they do. They asked for the ability to schedule payments,
add tips and offer options to help offset transaction fees, such as
transparent, flat-rate credit card fees. We also gave them the
ability to utilize ACH to collect payments, which is a huge money
saver for them.”
In May, ThryvPay saw $5.5 million in total processed volume.
This consistently increasing volume puts ThryvPay on track to
deliver a payment processing platform with a $66 million annualized
run rate within just over six months after its initial launch.
Growth in volume is fueled by both growing new merchant signups, as
well as month-over-month processing growth from existing
merchants.
Barry Gabster, CEO of InitiateU, shared that using ThryvPay has
been effortless. “It’s easy and centralized being able to run
invoices and collecting payments in one place,” he said. “Customers
can choose Credit or ACH and I don’t have to worry!”
With ThryvPay, business owners can also offer their customers
installment plans, customized payment plans and membership
programs. Thanks to ThryvPay’s partnership with Plaid for fraud
prevention, users know that funds are available at the point of
sale for ACH payments, which means no more returned checks and
hefty insufficient funds fees.
On the heels of ThryvPay’s in-platform success, Thryv launched
the stand-alone ThryvPay mobile app, free to download on iOS and
Android devices. The app allows any small business to utilize the
core features within the payment processing service, and provides a
better customer experience by adding the ability to collect
contactless payments, which today’s consumers prefer.
To learn more about Thryv’s payment processing options such as
ThryvPay, visit Thryv.com.
About Thryv Holdings, Inc.
The company owns the easy-to-use Thryv® end-to-end customer
experience software built for small business that helps over 40,000
SaaS clients with the daily demands of running a business. With
Thryv, they can get the job, manage the job and get credit. Thryv’s
award-winning platform provides modernized business functions,
allowing small-to-medium-sized businesses (SMB) to reach more
customers, stay organized, get paid faster and generate reviews.
These include building a digital customer database, automated
marketing through email and text, updating business listings across
the internet, scheduling online appointments, sending notifications
and reminders, managing ratings and reviews, generating estimates
and invoices and processing payments.
Thryv supports franchise operators and multi-location business
owners with Hub by Thryv™, a software console that enables
businesses managers to oversee their operations using the Thryv
software.
Thryv also connects local businesses to consumer services
through our search, display and social media management products,
our print directories featuring The Real Yellow Pages® tagline, and
our local search portals, which operate under the DexKnows.com®,
Superpages.com® and Yellowpages.com URLs and reach some 35 million
monthly visitors. For more information about the company, visit
thryv.com.
Thryv delivers business services to more than 360,000 SMBs
across America that enable them to compete and win in today’s
economy.
On March 1, 2021, Thryv announced it closed the acquisition of
Sensis, Australia’s leading digital, marketing and directory
services provider, which helps Australians connect and engage
through its leading platforms, digital consumer businesses (Yellow,
White Pages, True Local and Whereis), search engine marketing and
optimization services, website products, social, data and mapping
solutions, and through its digital agency Found. Sensis is also
Australia’s largest print directory publisher including the Yellow
and White Pages.
Headquartered in Melbourne, Sensis has a sales presence in all
states and territories across Australia.
Learn more about Thryv on LinkedIn and Medium.
Media Contact:
Paige Blankenship
Thryv, Inc.
972.453.3012
paige.blankenship@thryv.com
Investor Contact:
Cameron Lessard
Thryv, Inc.
214.773.7022
cameron.lessard@thryv.com
KJ Christopher
Thryv, Inc.
972.453.7068
KJ.Christopher@thryv.com
###
Paige Blankenship
Thryv, Inc.
972.453.3012
paige.blankenship@thryv.com
Thryv (NASDAQ:THRY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Thryv (NASDAQ:THRY)
Historical Stock Chart
From Apr 2023 to Apr 2024