{"id":371,"date":"2020-10-07T15:06:00","date_gmt":"2020-10-07T15:06:00","guid":{"rendered":"https:\/\/platforms.globalpayments.com\/en\/?p=371"},"modified":"2025-03-25T11:51:38","modified_gmt":"2025-03-25T11:51:38","slug":"payrix-announces-international-expansion-as-digital-commerce-heats-up","status":"publish","type":"news","link":"https:\/\/platforms.globalpayments.com\/en\/newsroom\/payrix-announces-international-expansion-as-digital-commerce-heats-up\/","title":{"rendered":"Payrix Announces International Expansion as Digital Commerce Heats Up"},"content":{"rendered":"
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FRISCO, Texas, Oct. 7, 2020 \u2013 Payrix, the acknowledged leader in embedded fintech, today announced its official launch into Australia and New Zealand \u2013 as it completed the acquisition of Brisbane-based payment service provider, IntegraPay. The company\u2019s expansion efforts will remove barriers, boost revenue and accelerate money movement for a network of growing software-as-a-service (SaaS) clients with operations overseas.<\/p>\n\n\n\n

A digital payments trailblazer in infrastructure-as-a-service technology, Payrix is deeply client-focused, determined to fuel stickiness and monetization for vertically-focused SaaS providers. On the heels of the company\u2019s recent Series A extension<\/a>, this acquisition positions Payrix as one of few truly independent payment technology providers supporting its clients as part of a global strategy, and will add an additional $1.75B in processing volume to the Payrix Platform.<\/p>\n\n\n\n

As more vertical SaaS providers turn to embedded commerce to innovate their product, increase lifetime client value and build enterprise value \u2013 Payrix continues to have a laser focus on client success and demonstrate what it takes to reimagine the digital payments ecosystem, again and again.<\/p>\n\n\n\n

\u201cWe\u2019ve listened to our clients and many have exciting plans to expand globally \u2013 it became clear we needed to eliminate obstacles that were holding them back,\u201d said Payrix CEO, Eric Frazier<\/a>. \u201cWe believe IntegraPay\u2019s market-leading technology, customer-centricity and local presence will deliver the seamless user experience and growth results our clients need to scale smart.\u201d<\/p>\n\n\n\n

Operating in Australia, New Zealand, the United States and the United Kingdom, IntegraPay<\/a> is the region\u2019s leading independent payment services provider, processing more than a million transactions a month and delivering flexible solutions, local service and innovative technology to over 5,000 clients.<\/p>\n\n\n\n

\u201cWe are delighted to have found a partner that shares both our growth ambitions and core values for serving clients,\u201d IntegraPay CEO, John De Stefani<\/a> said.<\/p>\n\n\n\n

The opportunity to monetize payments for growth today with global reach tomorrow is what attracted SaaS leaders like OpusXenta \u2013 Australia-based SaaS funeral management platform \u2013 and Storable\u2019s best-in-class tech brand in self-storage, to partner with Payrix.<\/p>\n\n\n\n

\u201cI wanted to help my customers accept payments, but also grow my company in the right way \u2013 thinking about my growth today, and tomorrow. Payrix\u2019s vision for expansion matched our plans, so it was the perfect fit,\u201d said Tony Lorge<\/a>, Founder and President of OpusXenta<\/a>.<\/p>\n\n\n\n

\u201cWe were looking for a partner that could help us serve our global customer base and scale to billions of dollars in card volume,\u201d said Storable<\/a>, CEO Chuck Gordon<\/a>. \u201cAfter an extensive review of our options, we chose Payrix because it was the right mix of technology, client focus and collaborative culture.\u201d<\/p>\n\n\n\n

Payrix enables software companies to jump start a high-growth payments business, as well as those ready \u2013 to fully seize the embedded payments opportunity as a payment facilitator. Payrix\u2019s out-of-the box, full production platform is seamlessly layered into a client\u2019s platform, mobile app or marketplace. This creates a world-class customer experience and allows clients to tap into additional revenue streams that accelerate growth.<\/p>\n\n\n\n

As clients continue to expand overseas, each will have broad, extensive needs with other forms of payment, in multiple currencies. Australia and New Zealand marks a major step forward for Payrix\u2019s client base, existing and prospective. With plans to expand to additional markets in 2021, Payrix will continue to open doors for its software clients to thrive around the world.<\/p>\n\n\n\n

About Payrix<\/strong>
Payrix enables vertically-focused SaaS companies to embed and manage payments natively within their software, securing additional recurring revenue and creating an awesome experience. Payrix provides the tools to create a seamless, embedded user experience, and offers clients the choice of payment facilitation-as-a-service (PFaaS) or a full payment infrastructure (payment IaaS) product based on business appetite. Payrix is a cloud built, API-first platform that is highly flexible, customizable and scalable.<\/p>\n\n\n\n

Created by payments and technology experts, Payrix is designed to seamlessly grow with tomorrow\u2019s innovative technology platforms. Payrix is a privately-held company, headquartered in Frisco, TX and backed by Blue Star Innovation Partners and Providence Strategic Growth.<\/p>\n\n\n\n

For more information about Payrix, visit http:\/\/platforms.worldpay.test<\/a>.<\/p>\n\n\n\n

About IntegraPay<\/strong>
Established in 2009, IntegraPay is an Australian-based, global integrated payments technology company that provides subscription, recurring and in-video payment solutions for businesses, business management software providers and banks. IntegraPay services clients that require ongoing payment solutions and operate in a range of industries, with a particular focus on the childcare, accounting\/ bookkeeping, health and fitness and charity sectors.<\/p>\n\n\n\n

IntegraPay processes around $2 billion dollars of payments annually. The company has offices located in Brisbane, Sydney, Melbourne and the United States. For more information www.integrapay.com.au<\/a>.<\/p>\n\n\n\n

Media Contact:<\/strong>
Katie Wickham
Director \u2013 Marketing
katie@payrix.com<\/a><\/p>\n\n<\/div>\n <\/div>\n

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