Member Since August 2023
ConnexPay is an innovative VC-backed financial technology and payments company offering the first truly combined virtual card issuing and merchant acquiring solution. No other provider in the world is currently offering a solution with ConnexPay's capabilities. In 2018, ConnexPay won the Summit competition at Phocuswright and was named the Most Innovative Start Up. Our platform is designed from the ground up specifically for travel agencies, tour operators, and other travel intermediaries or e-commerce platforms. ConnexPay has numerous patents pending on its technology which fundamentally reduces transaction risks resulting in lower card acceptance costs for clients. ConnexPay's unique model provides unlimited credit for clients to fund supplier payments and frees up additional growth capital. These are just a few of the operational benefits with the ConnexPay model.
ConnexPay is the first and only company to bring together the two sides of the payment process—payments acceptance and virtual payments issuing—into a single platform with one contract and one reconciliation. The flexibility of this technology allows clients to adopt the full end-to-end acquiring and issuing solution or leverage ConnexPay’s innovative intelligent routing issuing-only platform. Through innovative and patent-pending payments technology, ConnexPay provides reduced payments risk, a new source of revenue, automated reconciliation, and guaranteed lower merchant processing fees—all while avoiding large lines of credit or prepayments. Founded in 2017, ConnexPay is a leading payments provider for travel agencies and brokers, ecommerce providers, online marketplaces, and more.