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 resolution; BlytzCollect, which makes use of text-based cost 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 gained 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 gained 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 development from a contemporary automotive funds resolution right into a complete platform that helps vehicle financing, property administration, and shopper finance. BlytzPay helps firms improve the way in which they convey with clients, acquire funds, and handle income operations.
“We didn’t simply construct a funds product; we constructed what truly occurs round a cost,” Blytz CEO and Founder Robyn Burkinshaw stated. “Conversations. Comply with-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 parts—BlytzPay, BlytzCollect, and BlytzCash—that join funds, engagement, and automation right into a single operational layer. BlytzPay helps fashionable, text-first, Bankless Invoice Pay cost experiences to make it simpler for purchasers to pay and for companies to gather. BlytzCollect permits finance groups to leverage AI-driven voice and BlytzPay’s immediate, textual content cost hyperlinks to automate outreach and enhance recency through on-time funds. BlytzCash delivers cost accessibility that enables clients to pay with money in-person at any one among 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 cost suppliers are targeted on processing transactions as cheaply as attainable,” Burkinshaw stated. “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 have interaction the shopper earlier than, throughout, and after the cost.”
The corporate famous that Blytz will probably be launched throughout its web site, product interfaces, and advertising supplies over the subsequent few weeks. Current clients will have the ability to proceed utilizing the identical services and products 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 gained 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 dwelling Better of Present honors. An innovator within the subject of pay-by-text, the corporate gives a funds and collections administration platform that reinforces collections effectivity by as much as 50% in as little as three months. BlytzPay boasts a 53% chargeback dispute win price 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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