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NEACH Payments Group (NPG), a provider of payment solutions for financial institutions and third-party providers, has announced a strategic partnership with Propelr, a full-service payments provider. This collaboration delivers secure, cost-effective payment processing options to NPG’s clients, addressing the increasing complexity and expense of payment acceptance in the current financial services environment.
Payment acceptance continues to grow more complex and costly due to evolving regulatory requirements, fraud risks, and operational demands. Through this alliance, NPG clients benefit from Propelr’s modern infrastructure and support structure, enabling streamlined processing while maintaining high standards of security and compliance.
Propelr provides wholesale-level processing rates that help lower overall payment costs for NPG’s client base, which includes financial institutions, corporations, and vendors. Combined with real-time insights into payment activity, clients achieve greater visibility and control, allowing them to focus on core business activities rather than payment management challenges.
The partnership incorporates Propelr’s robust security features to protect transactions and reduce risk exposure. Clients also receive 24/7 dedicated support, ensuring responsive assistance and minimizing disruptions in payment operations.
Propelr’s model emphasizes tailored solutions that align with each organization’s specific goals and needs. This consultative approach complements NPG’s long-standing commitment to delivering practical tools that address operational, regulatory, and risk considerations effectively.
“Payment acceptance has become increasingly complex and expensive for many organizations,” said Sean Carter, AAP, APRP, president and chief executive officer of NEACH Payments Group. “Partnering with Propelr allows us to offer our clients a streamlined, secure, and cost-effective solution backed by responsive service and real-time insights. This partnership reinforces our commitment to helping organizations operate more efficiently while staying focused on their customers.”
“We’re proud to partner with NEACH Payments Group to bring additional value to their client base through our seamless and secure payment acceptance solutions,” said Angelo Grecco, chief executive officer of Propelr. “Our customized approach to payment acceptance and bespoke support structure empowers NEACH Payments Group to deliver the same exceptional service their customers expect — now with modern payment acceptance capabilities that simplify and optimize their day-to-day operations.”
Organizations interested in exploring these benefits can request a complimentary savings analysis to evaluate potential cost reductions compared to their existing setup.
About NEACH Payments Group
NEACH Payments Group (NPG) is a wholly owned subsidiary of NEACH, the New England Automated Clearing House Association. NEACH Payments Group helps financial institutions, corporations, and vendors solve operational and regulatory challenges, manage risk, and drive financial or business improvement. The organization supports financial institutions, businesses, and third-party providers by helping them manage risk, maintain compliance, drive improvements, and strengthen the bottom line. For years, NEACH Payments Group has provided hundreds of audits and risk assessments, with more than 90% of customers returning year after year.
About Propelr
Propelr is a modern payments provider that enables small and mid-sized businesses, as well as global brands, to process billions of dollars in card transactions annually. Through a consultative, client-first model, Propelr delivers customized payment solutions built around each client’s operational goals and processing needs. Built for growth and long-term performance, Propelr helps businesses optimize their payments ecosystems to increase efficiency and drive meaningful bottom-line impact.
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