Utah-based funds and collections platform BlytzPay introduced an “evolution” of its platform and the launch of Blytz, which connects funds, buyer engagement, and automation in a single layer.
Blytz consists of three parts: BlytzPay, a text-first billpay answer; BlytzCollect, which makes use of text-based fee hyperlinks to reinforce outreach; and BlytzCash, which facilitates in-person money funds through a community of 88,000+ retailers across the US.
Based in 2017, BlytzPay received Better of Present in its Finovate debut at FinovateSpring 2019 and once more later that 12 months at FinovateFall 2019 in New York. Robyn Burkinshaw is Founder and CEO.
BlytzPay, which received Better of Present in its Finovate debut at FinovateSpring 2019 and once more later that 12 months at FinovateFall, has introduced an “evolution” of its platform and the launch of Blytz. Blytz represents a brand new iteration of the corporate’s clever funds and collections platform that connects funds, AI-powered buyer engagement, and automation right into a single operational layer.
The announcement displays the corporate’s progress from a contemporary automotive funds answer right into a complete platform that helps vehicle financing, property administration, and client finance. BlytzPay helps corporations improve the way in which they impart with prospects, acquire funds, and handle income operations.
“We didn’t simply construct a funds product; we constructed what truly occurs round a fee,” Blytz CEO and Founder Robyn Burkinshaw mentioned. “Conversations. Observe-ups. Actual outcomes. The trade retains pretending funds are simply transactions, however they’re not. Blytz is funds and collections in a single movement, which is the way in which it ought to have been all alongside.”
The Blytz platform consists of three components—BlytzPay, BlytzCollect, and BlytzCash—that join funds, engagement, and automation right into a single operational layer. BlytzPay helps fashionable, text-first, Bankless Invoice Pay fee experiences to make it simpler for purchasers to pay and for companies to gather. BlytzCollect allows finance groups to leverage AI-driven voice and BlytzPay’s on the spot, textual content fee hyperlinks to automate outreach and enhance recency through on-time funds. BlytzCash delivers fee accessibility that permits prospects to pay with money in-person at any considered one of BlytzPay’s nationwide community of greater than 88,000 retailers. The platform helps flip knowledge into automated conversations, frictionless funds, and real-time visibility leading to quicker funds, lighter workloads, and stronger buyer engagement.
“Most fee suppliers are centered on processing transactions as cheaply as potential,” Burkinshaw mentioned. “However companies don’t simply want transactions; they want higher outcomes, as a result of getting paid isn’t nearly transferring cash—it’s about the way you interact the client earlier than, throughout, and after the fee.”
The corporate famous that Blytz will probably be launched throughout its web site, product interfaces, and advertising supplies over the following few weeks. Present prospects will be capable of proceed utilizing the identical services they’re at the moment utilizing inside the broader Blytz platform and ecosystem.
Based in 2017 and headquartered in Lehi, Utah, BlytzPay made its Finovate debut at FinovateSpring 2019 the place it received Better of Present. The corporate returned to the Finovate stage later that very same 12 months for FinovateFall in New York, the place BlytzPay once more took residence Better of Present honors. An innovator within the area of pay-by-text, the corporate presents a funds and collections administration platform that enhances collections effectivity by as much as 50% in as little as three months. BlytzPay boasts a 53% chargeback dispute win fee and notes that assortment groups working for BlytzPay’s vehicle dealership companions have reported time financial savings of 30%.
Picture by Michael Beener on Unsplash
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