Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
E-invoicing, SCF & E-procurement

Liquid FSI's Convert2Pay integrates into MedBillIt.com billing software

Thursday 17 November 2016 | 01:11 PM CET

Liquid FSI has announced Convert2Pay, a financial technology platform designed to enhance product offerings from the alternative finance and factoring industries. 

According to Liquid FSI, “the SMB financing industry is reaching maturity with high cost of customer acquisition, declining renewal rates, ISO channel conflict, and stiff competition from new market entries like PayPal, Square, and American Express”.

Liquid FSI provides lenders with a business process improvement tool by offering a direct, low-cost channel to the healthcare market.  Factors will use Liquid FSI’s invoice verification function. Healthcare professionals can use Convert2Pay to convert claims/invoices on-demand to better management capital requirements.

“Since our strategy is to integrate our ‘View, Verify, Convert’ technology into the medical billing, healthcare practice and lab management ecosystem, it’s a win-win for lenders and borrowers.  In fact, one of our first customers is a major alternative lender that recognized the opportunity to connect directly.  The company signed a ‘white label’ software agreement and will be offering Liquid FSI as a flanker brand,” claims Liquid FSI.

 advertisement
 advertisement
 advertisement
 advertisement