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PPRO and HighRadius Partner to Expand B2B Payment Options for Global Clients

May 14, 2019

ATLANTA--(BUSINESS WIRE)--May 14, 2019--

PPRO, a leading global e-payments specialist, has partnered with HighRadius, a fintech enterprise Software-as-a-Service company specializing in automating the order-to-cash and treasury management processes, to offer merchant clients more options and a faster and easier way to accept payments from their buyers. The integrated offering from HighRadius and PPRO allows for the discovery and support of local payments in key markets.

By combining the HighRadius ® Integrated Receivables platform with PPRO’s wide array of local payment methods (LPMs), clients receive a completely seamless experience that matches the growing diversity in payment preferences globally.

“We are excited to partner with such an innovative company. HighRadius has developed a great range of B2B solutions, and we are proud to be able to provide their merchants with Local Payment connections from around the world,” said Steve Villegas, Vice President of Partner Management at PPRO. “Together we will offer a unique value proposition to a market that continues to grow and is looking for innovation from its business partners.”

The integrated solution simplifies B2B payments, while also making the process faster and more accurate. Launched throughout the European region, this partnership will broaden the number of payment options available to HighRadius clients, giving businesses access to various LPMs, including Entercash (AT, DE, FI, SE), Giropay, iDEAL, P24, Sofort, Trustly, SEPA, and Bancontact. These non-traditional local payment methods help facilitate the changing, global payment environment. HighRadius customers can now experience the simplicity, convenience, and choice of LPMs.

“As a part of our global expansion and offering of our Integrated Receivables platform, we are embracing newer payment methods as they are becoming more relevant to the B2B world,” said Sayid Shabeer, Chief Product Officer, HighRadius. “We believe with PPRO we will be able to provide a variety of Local Payment Methods to our clients and keep bringing new efficiencies to transactions.”

About HighRadius Corporation

HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes. The  HighRadius® Integrated Receivables platform  reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions and collections.  HighRadius®   Treasury Management Applications  help teams achieve touch-less cash management, accurate cash forecasting and seamless bank reconciliation. Powered by the  Rivana TM  – the Artificial Intelligence Engine Purpose-Built for Finance and the  Freeda TM  Digital Assistant, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks. The  radiusOne TM  B2B Collaboration Network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of increasing operational efficiency through automation, optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, so that companies may achieve strong ROI in just a few months. To learn more, please visit www.highradius.com.

About PPRO

Cross-border e-payment specialist PPRO removes the complexity of international e-commerce payments by acquiring, collecting and processing an extensive range of local payment methods for Payment Service Providers (PSPs) under one contract, through one platform and one single integration. PPRO supports international payment methods across more than 100 countries, allowing PSPs to expand their merchants’ e-commerce reach, arrange hassle-free collection and achieve higher conversion rates.

Founded in 2006 and headquartered in London, PPRO is an EU-certified financial institute with an e-money license issued by the British regulatory body FCA. For more information, please visit www.ppro.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514005320/en/

CONTACT: For PPRO

Media Frenzy Global

nikkia@mediafrenzyglobal.com

(678) 367-0043For HighRadius

Treble

Laura Asendio

highradius@treblepr.com

(512)960-8222

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES FINANCE

SOURCE: HighRadius

Copyright Business Wire 2019.

PUB: 05/14/2019 09:00 AM/DISC: 05/14/2019 09:01 AM

http://www.businesswire.com/news/home/20190514005320/en