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real-time payments for such wallets, reducing payment
processing costs and enhancing customer loyalty,
AppBrilliance stated.
AppBrilliance's Money API leverages banks' Request for
Payment APIs to create seamless, white-labeled payment
experiences, eliminating payment friction across all
Real-time payments channels, the company stated. This enables digital wallet
apps to provide a swift, secure payment process for
for closed-loop merchants and consumers, AppBrilliance stated, adding
that in addition to lowering processing costs, the platform
reduces fraud and chargebacks while enhancing customer
digital wallets loyalty and increasing sales through a smoother payment
experience.
Founded in 2016 and backed by Truist Ventures,
ppBrilliance, a provider of real-time payment AppBrilliance stated it offers card-free, frictionless
(RTP) solutions, is capitalizing on a recent rule transactions protected by multiple U.S. patents and drives
change by The Clearing House to expand the innovation in real-time payments to unlock strategic
A use of real-time payments to closed-loop digi- opportunities for its partners. The company is partnering
tal wallets in the United States. with leading payment processors, digital wallet platforms
and banks to create joint opportunities to meet growing
Traditionally, companies like Starbucks and CVS have market demand for scalable real-time payment solutions.
relied on conventional payment sources to fund their For more information, visit https://appbrilliance.com/
closed-loop wallets. AppBrilliance's Money API platform, wealthfront-appbrilliance.
integrated with RTP and FedNow networks, allows
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David Daily
Zach Daily CEO & Founder Alex Daily
Business Development Business Development
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President Business Development
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