Paymentus Ranked #1 Provider of Biller Direct Electronic Bill Presentment and Payments (EBPP) Solutions by Aite-Novarica
March 01 2022 - 5:20PM
Business Wire
Definitive Evaluation of Leading Billing
Providers Underscores Paymentus’ Technology and Customer Service as
Key to Best-in-Class Ranking
Paymentus Holdings Inc. (NYSE: PAY), the leading provider of
electronic bill presentment and payment solutions (EBPP), today
announced that it is the only vendor to achieve an overall
best-in-class status in Aite-Novarica Group’s “2021 Aite Matrix:
Biller Direct EBPP Solutions” landscape report. The combination of
Paymentus’ innovative payments platform, its proprietary Instant
Payment Network®, and exemplary customer service and support led to
Paymentus’ overall #1 ranking in the Aite Matrix, Aite-Novarica
Group’s comprehensive vendor evaluation methodology.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220301006244/en/
Paymentus Holdings, Inc. (NYSE: PAY) is
the only vendor to achieve an overall best-in-class status in
Aite-Novarica Group’s “2021 Aite Matrix: Biller Direct Electronic
Bill Presentment and Payments (EBPP) Solutions” landscape report.
The combination of Paymentus’ innovative payments platform, its
proprietary Instant Payment Network®, and exemplary customer
service and support led to Paymentus’ overall #1 ranking in the
Aite Matrix.
The Aite-Novarica Group report highlights the critical role that
modern bill payment capabilities play in the overall customer
experience, “with choice in payment method, frictionless payments
experiences and security the top of mind for billers and
consumers.” As the only vendor to approach the best-in-class
status, Paymentus’ category leadership in key areas was highlighted
by Aite-Novarica EBPP experts, including:
“Client satisfaction with the level of
service provided is…the number one criterion that prospects use for
determining engagement in strategic vendor relationships. Paymentus
leads in this category, with clients expressing very high levels of
satisfaction with service from sales through delivery, the ability
to deliver on promises, and cost to value.
“[The] Product Features [category considers]
ease of integration, deployment options, and the breadth of e-bill
delivery, payment, and supported notification channels and payment
methods. It also considers the vendor’s ability to stay ahead of
the curve with forward-looking capabilities such as alternative
payment methods and channels and add-on capabilities such as
disbursements, collections, subscription billing, cross-border bill
pay, and B2B bill pay capabilities. Paymentus is the leader in this
category, providing the strongest EBPP payment platform with
multiple channels, payment options, and next-generation
capabilities.”
“Paymentus is the only vendor evaluated that
is approaching a best-in-class EBPP biller direct solution. The
company has a solid score in all categories and among the vendors
evaluated, can be considered the best strategic partner.
“Aite-Noverica, with their credibility and authority, finding
Paymentus to be the best-in-class EBPP provider is both an honor
and an endorsement of the tireless work from our team, the next
generation capabilities of our platform and the power of the
Instant Payment Network®,” said Dushyant Sharma, Founder and CEO of
Paymentus. “For 17 years, Paymentus has focused on one singular
goal, to build the world’s most intuitive, integrated, and
frictionless billing and payment ecosystem. This report establishes
an important benchmark for the industry and underscores our vision
for the future of bill pay.”
To review a summary of the February 2022, Aite Matrix: Biller
Direct EBPP Solutions report please visit:
https://www.paymentus.com/2022/02/best-in-class/.
About Paymentus
Paymentus is a leading provider of cloud-based bill payment
technology and solutions for more than 1,700 billers and financial
institutions across North America. The company was named the
industry’s best-in-class provider of EBPP solutions by
Aite-Novarica in February 2022. Our omni-channel platform provides
consumers with easy-to-use, flexible and secure electronic bill
payment experiences through their preferred payment channel and
type. Paymentus’ proprietary Instant Payment Network® , extends our
reach by connecting our network partners’ platforms and tens of
thousands of billers to our integrated billing, payment, and
reconciliation capabilities. For more information, please visit
www.paymentus.com.
SOURCE: PAYMENTUS CATEGORY: COMPANY NEWS
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220301006244/en/
Investor Contact Paul Seamon pseamon@paymentus.com
Media Contact Tony Labriola tony@thinkinsideout.com
Paymentus (NYSE:PAY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Paymentus (NYSE:PAY)
Historical Stock Chart
From Apr 2023 to Apr 2024