KixPay and SecureFee merge to form AcordPay
TORONTO, ON - NOVEMEBER 20, 2020
Insurance payment leaders KixPay and SecureFee are pleased to announce that they have merged to form AcordPay. After a successful 2-year partner relationship, the companies are merging their US and Canadian operations to achieve greater economies of scale and continued focused efforts on providing brokers with complete payment processing needs. AcordPay will be headquartered in Palo Alto, CA and continue operations in Atlanta, Toronto and Vancouver.
“With a tighter connection between the two companies, we will be able to provide excellent service to both our Canadian and US customers, but also focus on expanding our product offering to better service the insurance community.”, said Mike Senechal, CEO AcordPay.
“We are excited by this opportunity and the market can expect additional announcements from us in the near term.”.
There will be no change to any customers or the day-to-day operations of either company.
Link to Original Article Here
AcordPay is the leader in insurance payments technology, providing a suite of payment solutions for collecting premiums (Credit Card, Debit Card, ACH, EFT and Interac), managing the receivables lifecycle, settling with markets and paying claims, policy refunds and vendors. Brokers, MGAs, Carriers and other insurance solution providers rely on AcordPay's payments-as-a-service platform to ensure flow of funds throughout the insurance policy lifecycle. With offices throughout North America, the insurance industry relies on AcordPay to process billions of dollars per year in digital payments.
KixPay provides the insurance industry with compliant and economical credit card and other electronic payment options, created by professionals with years of experience in the insurance and payments industries. For more information visit us at kixpay.com.