Kalixa Group has been selected by Invapay, a procurement and electronic payment solution provider, as its global acquiring partner.
Invapay will use Kalixa Accept’s acquiring and payment gateway services to process payments for more than 55,000 Invapay suppliers, including public and private sector companies. Kalixa Accept is already live and integrated into the Invapay platform.
Invapay’s cloud-based trading and payment platform allows its corporate customers to manage purchases and payments from strategic, long tail and one-time-only suppliers from source to settle. It allows buyers to search, request quotations, order and pay for goods and services online in a highly secure on-line environment.
Invapay optimises the customers back office processes and efficiency, maximises control and ensures that payments to suppliers are acted upon order fulfilment. Kalixa Accept is used to process card payments made by Invapay’s corporate customers to their various suppliers, many of which are small to medium sized enterprises and do not accept card payments.
Kalixa will be enabling both Visa and MasterCard card payments for the Invapay customer base with further payment methods to follow. Invapay expects its customer base to grow to more than 50 corporate clients and 150,000 suppliers with transaction volumes worth £2.5 billion by the end of 2015.
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