VPay Continues Three-Year Growth Streak in 2019
Summary
PLANO, Texas--(BUSINESS WIRE)--VPay, a leading turnkey payment platform, today announced a successful close to 2019 that included significant growth in revenue, customers and employees. “Our continued growth is a testament to our ability to position clients for sustainable success as they strive to keep up with the changing needs of their policyholders and members, as well as the service providers we pay on their behalf.” In addition to the strong company growth in 2019, VPay continued to elevate its position in the market by introducing new, mobile-friendly functionality for policyholder, claimant and multiparty payment. The added functionality expands the company’s platform by providing a B2B and B2C solution that addresses rising demand for easier, faster and customizable payment options. Through this designation, the company joins a select group of industry innovators that contribute to Nacha’s strategic efforts to remove friction, increase quality, improve cash flow accessibility and support sound risk management and security for ACH payments. “We are well-positioned to continue our current momentum in 2020 following a banner year that allowed us to expand both our team and platform, ensuring our clients have the most advanced claim-payment solutions on the market,” said Andy Roberts, CEO for VPay.