Page 13 - GS230402
P. 13
IndustryUpdate
Enigma, Noble tackle Propane industry picks Qualpay
business underwriting
Qualpay, a cloud-based payments platform, received the exclusive affinity
Enigma, a data science company endorsement from the National Propane Gas Association as the preferred
that provides intelligence about the industry vendor for payment processing.
financial health and identity of U.S.
businesses, partnered with Noble, The NPGA is the national trade association representing the U.S. propane
a fintech infrastructure company industry. Qualpay said it is recognized for providing customers the benefits
that powers verification, credit of an integrated payment gateway and merchant account, simplified cash
underwriting and decisioning for reconciliation, and easy-to-use, customizable business reporting. “Qualpay is
companies embedding financial simplifying the way businesses do payments, making them the right partner
services. Together, Enigma and of choice in payment solutions for our member organizations,” said Stephen
Noble believe they will provide Kaminski, NPGA President and CEO.
companies with a clear picture of
the financial health of small and Transcard integrates with Mastercard Track
midsize businesses, enabling faster,
more accurate underwriting deci- Transcard, a provider of payment and data technology, said it integrated
sions. Enigma said its proprietary its family of embedded payment solutions, called SMART Suite, with
machine learning algorithms com- Mastercard's innovative Track Business Payment Service. Business Payment
bine hundreds of public and private Service is a global open-loop commercial network designed to simplify and
data sources to generate its data automate the exchange of payments data between buyers and suppliers. The
about the financial health of more network, Transcard noted, helps facilitate the collection and exchange of
than 30 million small and midsize data across the payment methods and rails available in SMART Suite, and
businesses. Noble stated its plat- businesses on the network set preferences for how they would like to make
form enables companies to manage or take payment, and suppliers on the network receive enhanced remittance
risk at any step of the customer details, reducing manual processing.
journey for any financial product—
from onboarding, to underwriting
and decisioning, to ongoing moni-
toring.
Onfleet, Aeropay team up
Onfleet, a delivery management
software company, and Aeropay, a
digital payments provider for the
cannabis industry, formed a part-
nership that integrates Aeropay's
digital payment solutions with
Onfleet’s last mile delivery man-
agement software platform. Onfleet
and Aeropay work with a variety of
retail businesses offering delivery
to help streamline the delivery and
payment process—especially useful
for cannabis retailers, the partners
stated. As consumers shift from
shopping at storefronts to buying
cannabis products online, Aeropay
enables cannabis businesses to offer
an appealing, compliant and cash-
less digital payment method for
customers, they added, noting that
Onfleet is a trusted platform that
cannabis dispensaries can use to
manage drivers, plan routes, fulfill
deliveries and ensure compliance
with local regulations.
13