Payments platform and payment facilitator WePay is continuing to demonstrate that it has kept its integrated payments DNA intact well beyond its 2017 acquisition by big bank JP Morgan Chase.
A new relationship with field service platform provider Workiz takes advantage of WePay’s faster payments offering, which it announced this fall in partnership with its parent company.
Workiz introduced its new in-house payments service, which it’s calling WorkizPay, last week. WorkizPay enables same-day payments for the company’s customers with Chase Bank accounts, and two to three-day funding for those who bank at other institutions, the company said.
“We are constantly expanding the Workiz platform to help tradespeople become more successful business professionals,” Adi Azaria, CEO of Workiz, said in the announcement.
“WorkizPay allows our customers to get among the fastest and most competitive payout rates in field service, with same-day payouts for Chase Bank customers. We’re thrilled to offer field service professionals the ability to run their business within a single platform without having to worry about APIs or integrations, saving them time and money.”
This new offering enables tradespeople to accept payments in real time for their services, an important benefit for professionals who often have to cover material costs while they await payment from their customers. Workiz also touted the integrated aspect of its new payments solution, noting that field service professionals have historically had to rely on multiple applications for their business needs, including booking and billing.
Invoiced, an accounts receivable automation platform, also recently announced that it has launched a new integrated payments offering in partnership with WePay. Invoiced Payments allows the 23,000 businesses who use the company’s accounts receivable solution to begin accepting online invoice payments by credit or debit card or ACH without having to manage a separate relationship with a payments provider.
“At Invoiced, our entire purpose is to make billing and collections efficient, effective and easy,” Jared King, co-founder and chief executive officer for Invoiced, said in a press release.
“By offering Invoiced Payments, powered by Chase, we are able to provide the most comprehensive integrated A/R and payments solution available to businesses.”
The new service includes instant onboarding and seamless integration, as well as transparent rates, the company said.