Woodforest Acceptance Solutions And Propelr Announce Strategic Partnership To Streamline Payment Acceptance

In a significant move within the financial services sector, Woodforest Acceptance Solutions (WAS) and Propelr have announced a strategic partnership aimed at enhancing the payment acceptance experience for a wide range of clients, including Independent Software Vendors (ISV partners), merchants, agents, and Independent Sales Offices (ISOs). This collaboration is set to offer an expanded suite of solutions that are directly integrated with Visa's frontend, aligning with Propelr's mission to provide its clients with a variety of options to meet their unique payment needs.

Todd Linden, president and chief executive officer of Woodforest Acceptance Solutions, highlighted the synergy between WAS's dual role as both a processor and an acquiring bank and Propelr's impressive ISV enablement platform. "Together, we can enable our clients to build their businesses in and around payments, offering increased platform reliability, faster processing network speed, and enhanced POS lane efficiency," Linden stated.

The partnership is poised to empower Propelr in delivering tailored payment solutions for specific industries while also offering improved customer and competitive intelligence. This initiative will allow qualified ISV partners and enterprise-level merchants to independently manage their merchants, providing an industry-disruptive opportunity for portability and the ability to establish a distinct valuation of the payments aspect of their business.

Angelo Grecco, co-founder of Propelr, expressed enthusiasm about the partnership. "This strategic partnership positions us to better serve our clients by offering complete control over their processing accounts, with enhanced access to transaction and customer-level data," Grecco said. This is particularly beneficial for integrated partners and enterprise-level clients seeking an active role in their payment processing.

Additionally, Propelr has incorporated Delta1st POS into its resell portfolio. Developed by Woodforest Acceptance Solutions, Delta1st POS is a modernized point of sale system offering streamlined packages designed for small and medium-sized businesses. These packages include On The Go, All-in-One, and eCommerce bundles, enabling businesses to leverage customized solutions tailored to their specific processing needs.

Woodforest Acceptance Solutions stands as a leader in the payments industry, dedicated to offering secure, innovative, and convenient payment solutions to major enterprises as well as small to medium-sized businesses. As a subsidiary of Woodforest National Bank, WAS boasts over 40 years of expertise in payment processing. By merging the roles of acquiring bank and processor, WAS offers modernized payment platforms and reliable networks that address business growth challenges.

Propelr is an innovative payments provider that assists small-to-mid-sized organizations and global brands in managing billions of dollars in card transactions annually. With a consultative approach, Propelr delivers customized payment solutions tailored to the specific needs of its clients. It also offers developer-friendly integrations for businesses aiming to incorporate payment acceptance into their existing applications.

For more information on Woodforest Acceptance Solutions' offerings, including the Delta1st Point-of-Sale solution, visit www.woodforestpay.com and www.Delta1stPOS.com. Additional details about Propelr can be found at www.propelrpay.com/.