Expands Secure and Trusted Payment Solutions Beyond Mail and Postage
Pitney
Bowes Inc. (NYSE:PBI), a global technology company that provides
innovative products and solutions to power commerce, today announced the
launch of its cloud-based payments engine designed to integrate with
third party shipping and ecommerce platforms to deliver payments
processing as part of a seamless digital experience that offers terms, a
consolidated invoice and flexible payment options.
The Pitney Bowes payment solutions provide businesses the flexibility to
better manage their shipping spend by aggregating all shipping
transactions into one consolidated, itemized invoice and easily control
their cash flow through credit terms, including the choice to pay now or
later. By leveraging the Pitney Bowes Bank, an FDIC insured institution
charted in Utah, the company is able to provide uniform payments
products, lending terms and interest rates in the U.S.
“For decades, Pitney Bowes clients have enjoyed the value and
convenience of our payment solutions, including Purchase
Power and Reserve Account, to manage and process billions of dollars
in postage,” said Ron Totaro, General Manager, Global Financial
Services, Pitney Bowes. “We are excited to expand our payments
capabilities to power new shipping and ecommerce offerings from Pitney
Bowes and select partners. With the rapid rise in parcel shipping fueled
by explosive growth in global ecommerce, our payments platform will
deliver greater convenience and power innovative new solutions in the
multi-billion dollar shipping payments marketplace.”
Pitney Bowes has deployed its payments engine as part of its new SendProTM
multi-carrier office shipping solution, which enables businesses to
better manage their shipping among carriers – including the U.S. Postal
Service, FedEx and UPS – from one platform with a consolidated view of
shipments and costs to flexible payment options with the USPS.
The Pitney Bowes payment solutions are an integral part of the Pitney
Bowes Commerce Cloud, a commerce enabler, providing access to
solutions, analytics and APIs across the full commerce continuum with
speed and agility to help clients identify customers, locate
opportunities, enable communications, power shipping from anywhere to
everywhere and manage payments.
About Pitney Bowes
Pitney Bowes (NYSE: PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas of
customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than 1.5
million clients in approximately 100 countries around the world rely on
products, solutions and services from Pitney Bowes. For additional
information, visit Pitney Bowes at www.pitneybowes.com.
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