Repay Holdings enhances integration with MeridianLink for streamlined account funding and payments
Repay Holdings Corporation (NASDAQ:RPAY) announced enhancements to its integration with MeridianLink Inc. (NYSE:MLNK) on June 10. The new capabilities allow credit unions and banks within MeridianLink’s network to offer streamlined account funding through debit card, ACH, and digital wallets like Apple Pay & Google Pay.
The expanded account funding options facilitated by REPAY’s integrated payment technology enable financial institutions using MeridianLink Opening to accept funds into new member accounts rapidly, simplifying the onboarding process for credit unions and their members.
REPAY’s integration with MeridianLink Collect optimizes loan collection operations by simplifying accounting and consumer payment processes. Financial institutions in MeridianLink’s network can streamline processing efficiencies by accepting ACH and card payments via web, mobile, IVR, or text.
Repay Holdings Corporation (NASDAQ:RPAY) is a US-based payments technology company, while MeridianLink Inc. (NYSE:MLNK) is a SaaS company offering software solutions for financial institutions in the US. The integration between the two companies aims to enhance payment processing solutions and streamline account funding processes.
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Read more at Yahoo Finance: Repay Holdings Enhances MeridianLink Integration for Streamlined Account Funding, Payments