CardConnect, one of the nation's fastest-growing providers of payment processing services, today announced its acquisition of SmartPay, an enterprise online billing tool developed by Onsharp, an interactive agency that designs, builds and supports web-based technology solutions.
The SmartPay enterprise billing tool gives a business's customers the ability to receive, view and pay their bills online, eliminating the need for paper invoices. The tool is particularly beneficial for businesses that rely on invoicing - such as law firms, hospitals and manufacturers - and are looking for a way to streamline the process.
"As we've continued to add tools to the CardConnect suite of products, we knew that online billing and invoice presentment was an essential offering for the 50,000 merchants we serve," said Jeff Shanahan, President of CardConnect. "Now with the ability to send electronic invoices, we're helping businesses to simplify their payment acceptance and automate the Accounts Receivables process as much as possible."
Joe Sandin, President of Onsharp, is excited to offer SmartPay to CardConnect's existing and future customers. "We've built an extremely powerful enterprise-level billing system," Sandin said. "With CardConnect's large merchant base and national salesforce, we hope to extend SmartPay's reach and continue to provide online billing solutions to some of the country's most well-known brands."
In the coming weeks, CardConnect will be releasing the SmartPay product to its existing and future merchants, as well as to its salesforce.