Describe the company – the elevator pitch …
Push Payments provides payment processors, banks, and fintech providers the ability to move money in real-time between bank accounts.
Utilizing our simple and secure RailStorm API, an A.I. based revolutionary payment platform provides customers the infrastructure necessary to achieve an unprecedented advantage over competitors.
— Push Payments (@PushPayments) September 7, 2017
How are you different?
We are different because our capabilities empower our customers to build their own network, route transactions based on their specific needs, build their own payable interface, or seamlessly integrate their ERP as many banks they would like in only a couple weeks.
We are the first bank and payment network agnostic platform available as a PaaS, and is connected and processing.
Our API can supplement or replaces slower and expensive payment processes, like ACH, Bank Wire Transfer, and even SWIFT, in one simple integration.
We are here to help your company raise the bar by streamline your processes, provide liquidity to your merchants and instant gratification to your consumers.
Why will the company/product do well?
We live in a On Demand world and our growing need for instant gratification is immense. While marketing departments and fintech companies have established this exception, the back office is still manual, batch processes and ridden with human error.
The Federal Reserve and NACHA have laid out plans for the development of fast and ubiquitous payments, a government-sponsored solution is not likely to reach fruition until at least three to five years. Push Payments provides a real-time payment solutions that is available today and can transfer funds from one bank account to another in less than 1 second supporting all the processes where services and be enhanced and cost reduced.
— Push Payments (@PushPayments) September 20, 2017
Where are you based?
Push Payments is Headquartered in Fort Lauderdale, Florida. Fort Lauderdale and the surrounding area is already home to several financial services and technology firms like American Express, FIS, Citrix, and Ultimate Software.
When was the company launched?
Originally founded in 2008 as boutique consulting firm specialized in customized payment product solutions, the company has evolved into a cutting-edge payment processor. The company officially launched as PUSH Payments, a real-time payment processor, in June of 2016.
What have been your biggest wins to date?
Accomplishing instant access to 4 billion US bank accounts
What type of people (market segment) are you trying to attract to your product?
We are grateful to the payments industry which has provided us with the experience and knowledge to build the most innovative platform in the market today!
So we look to share our innovation with the same industry that we have spent our entire career learning from.
Fintech companies, payment processors, community, regional & large banks all have a once in a lifetime opportunity to build the next generation eco-system on a fully digital payment & data change platform which will take all the fiction out of your integrations, increase exposure for your products and simplify instantaneous funds and data transfer between monetary and nonmonetary accounts.
— Push Payments (@PushPayments) September 21, 2017
Tell us about your team?
The founders of PUSH Payments have been in the payments industry for over 25 years each. Our team members are payment industry professionals with diverse backgrounds in Banking, Technology, Compliance, and Operations each with a unique insight allowing us to always “push the envelope” and innovate.
What are your long-term plans for your product/company?
Be the catalyst for fintech, legacy payment companies, banks and corporations to connect and exchange payment and related data without the need to integrate with each other.
What are your favourite tech gadgets?
Anything that makes my life easier or allows me to track my progress to a goal. Fitness trackers, new digital SLR cameras and non-intrusive mobile apps with good UI.
What tech gadgets do you wish you could use to help you?
I wish I had a USB port on my brain to load knowledge faster! Yes, I’m a geek!
How do people get in touch with you?
Push Payments website allows you to send us a message or schedule a direct appointment or demo. Or book time with us during one of the conferences where we will be presenting.