BlytzPay, a collections management platform that speeds up payments and boosts customer engagement for buy here pay here (BHPH) dealers and lenders, is proud to announce a new patent approval for its groundbreaking solution. This approval marks a significant milestone for the company, which continues to revolutionize how customers engage with payment systems, particularly in the realm of cash-enabled multipay and promise-to-pay functionality.
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The approved patent, titled Digital Engagement Platform for Payment Solutions with Cash-Enabled Multipay and Promise-to-Pay, builds upon BlytzPay’s earlier innovations in payment technology. It is a continuation-in-part of U.S. Patent Application No. 18/064,454, which was filed on December 12, 2022, and a further continuation of U.S. Non-Provisional Patent Application No. 16/869,543, granted as Patent No. 11,526,858, and claims priority to U.S. Provisional Patent Application No. 62/844,353, filed on May 7, 2019.
The technology outlined in the newly-approved patent aims to enhance the customer experience by utilizing mobile technology to facilitate seamless payment processing. It introduces an innovative platform that allows customers to engage in cash transactions more efficiently, supporting multipay features and enabling promise-to-pay arrangements in order to provide users with greater flexibility and convenience.
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“Our technology is a game changer for both merchants and consumers,” said Robyn Burkinshaw, Founder and CEO of BlytzPay. “We are making payment processing more inclusive by integrating cash transactions into a mobile-friendly ecosystem. All of this aligns with our mission to create frictionless, secure, and accessible payment experiences for users across all demographics.”
BlytzPay’s latest innovation enhances the ability of businesses to cater to a wider range of customers, including those who rely on cash, while also leveraging the convenience and speed of digital transactions.
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Source – PRNewswire
