Aliaswire, provider of DirectBiller, a receivables and payment platform, today announced the launch of DirectEmbed, a comprehensive receivables and fully integrated payment processing solution built specifically for Vertical SaaS providers. DirectEmbed leverages the capabilities of DirectBiller and delivers them via APIs and modules for Vertical SaaS platforms.
Vertical SaaS providers are increasingly adding payment functionality to boost revenue and enhance customer value, but they face significant limitations when working with existing embedded payment solutions. While some solutions emphasize a simple integration, they do it at the expense of functionality, forcing SaaS platforms to build the critical payment and receivables features their customers actually need and value.
DirectEmbed offers out-of-the-box functionality, such as, line-item billing, invoice presentment, one-time payment links, approved credits, budget billing and flexible payer fees with split settlements.
Another common issue with current embedded payment providers is their limited support. “Ease of use” often means that support is relegated to self-help, FAQs and community forums during the integration and deployment phase. Equally frustrating, customer support to resolve real-time issues impacting payments, reconciliation, settlement and money movement is limited and delayed, which slows growth while accelerating end user frustration.
DirectEmbed provides Vertical SaaS providers with a complete, ready-to-deploy receivables platform that accelerates their payment revenue and builds customer value with a modern payment experience and account management experience that customers expect today. Vertical SaaS providers can quickly deploy DirectEmbed through flexible APIs and receive high-touch human support with a dedicated account manager and guidance from experienced technical, integration and customer support teams. With PayFac-as-a-Service, DirectEmbed manages all payment operations, allowing SaaS providers to concentrate on what they do best.
Jed Rice, CEO of Aliaswire, said with DirectEmbed providers can give their business customers a complete receivables and payment solution with much fewer resources and at a significantly reduced cost.