Payload, a rapidly growing Fintech start-up, today announced that it will be taking its powerful, integration-first inbound and outbound payment capabilities to the next level through a new relationship with J.P. Morgan. J.P Morgan has supported Payloadâs new payment facilitator status, which Payload will utilize to deliver an innovative, unified and API-driven fintech platform. Payloadâs flexible payment platform aims to tackle the more complex payment workflows of industries like real estate, insurance and legal payments, among other verticals, that the traditional Fintech industry has struggled to support. Payload will now be among a small community of Fintechâs offering ACH, Card Network, and Real Time Payments (RTP) through a unified API platform.
âThis new solution, powered by J.P. Morgan, will unlock our ability to deliver disruptive payment capabilities to the real estate industry and other industries that suffer from rigid and manual payment workflows,â said Ryan Rybolt, CEO, Payload. âMany industries havenât benefited from the payment digitization era because of numerous constraints that we aim to overcome with our new platform and capabilities. We believe having access to J.P. Morganâs industry expertise and analytics will help inform our expansion strategy,â Rybolt continued.
âWe are delighted to have been selected as Payloadâs banking provider as they leverage our innovative payments solutions to unlock more advanced capabilities, while creating a more seamless experience for their customers. As the payments ecosystem evolves, J.P. Morgan is committed to harnessing innovative technologies to deliver industry-leading solutions for companies of all sizes and every stage of growth,â said James Carlin, Managing Director, Midwest â Technology & Disruptive Commerce, J.P. Morgan Commercial Banking.
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