Adyen's Cash Out feature enables InvoiceASAP users to bypass traditional waiting periods for pending funds, offering enhanced financial flexibility.
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| InvoiceASAP partners with Adyen to offer instant payouts, providing businesses with faster access to their funds. Leverage FedNow for streamlined cash flow management. |
Toronto, Canada, August 21, 2024:
InvoiceASAP, a leading provider of invoicing and payment solutions, has announced a strategic partnership with Adyen, a global financial technology platform. This collaboration will enable InvoiceASAP users to receive instant access to their deposited funds, significantly improving their cash flow management.
By leveraging Adyen's single global solution, InvoiceASAP will offer its merchants, primarily field service businesses, a seamless experience for signing up, selling, and getting paid. The partnership will also utilize Adyen's Cash Out feature, allowing users to bypass the traditional multi-day waiting period for pending funds.
"Adyen's advanced payment products and tools, including FedNow™ for Instant Deposits, align perfectly with our goal of providing the fastest possible bank deposits to our merchants," said Paul Hoeper, CEO of InvoiceASAP. "This partnership will empower our users with unmatched velocity and financial flexibility."
Adyen's certification to use the FedNow™ instant payment infrastructure has been instrumental in facilitating this partnership. By leveraging FedNow™, InvoiceASAP can offer its users instant deposit availability, enhancing their overall business efficiency.
"Our collaboration with InvoiceASAP demonstrates Adyen's commitment to innovation and meeting the evolving needs of our clients," said Davi Strazza, president of Adyen North America. "With instant deposits and cash advances, InvoiceASAP users can better manage their cash flow, scale their operations, and invest in growth."
The partnership between InvoiceASAP and Adyen is expected to drive significant benefits for both companies and their customers. InvoiceASAP will be able to offer a more competitive and valuable service to its merchants, while Adyen will further strengthen its position as a leading financial technology platform.