Softgate Systems, a leading provider of retail bill payment solutions, and The Pay-O-Matic Corporation, the largest check-casher in New York and Metro area provider of walk-in payment services, today announced that the two companies are working together to build an enhanced new payment platform for use with Pay-O-Matic's independent agents.
The new solution will create a fully integrated platform that leverages Softgate's bill payment processing engine and combines the two companies' complimentary products like expedited payments, prepaid wireless, international top-ups, and prepaid debit cards. Both companies' retail agent networks will be able to offer their customers an expanded array of services due to the coming together of these two in-person payments providers. Those using Pay-O-Matic's current agent software will transition to POMLINK™, a single source solution, powered by Softgate, which will support all their payments needs.
"Softgate Systems is a recognized leader in retail payment processing and Pay-O-Matic is known for delivering valuable products to consumers and financial services providers. It was a natural fit for us to work with Softgate so that we can give our independent agents enhanced technology that will result in a superior customer experience," said Robin Miles, CEO, Pay-O-Matic. "We are focused on providing value to consumers, both directly and through our agent network, continuously delivering innovative ways to drive store traffic and build customer loyalty."
"Developing a powerful processing network and advanced integration capabilities to meet the needs of leaders such as Pay-O-Matic is one of our unique strengths. We are excited about the benefits that this solution will be bringing to Pay-O-Matic and their agents, as well as the additional products Softgate will be able to offer to our retail agent network. We look forward to working with them and together delivering a unique single source solution," said Rick Auletta, President and CEO, Softgate Systems.