Solutions by Text (SBT), a leader in compliance-first conversational commerce, has acquired Triple Play Pay (TPP), a cutting-edge payment orchestration platform. This strategic move integrates SBT's messaging expertise with TPP's modern payments infrastructure, creating a unified solution for seamless, compliant payment experiences in consumer finance.
Consumer finance businesses increasingly demand integrated tools for compliant customer interactions and payments. The acquisition addresses this by embedding advanced payment options directly into SBT's FinText™ platform, reducing fragmentation and enabling transactions within trusted messaging flows.
Over the past year, SBT has seen strong adoption, with 75% of approved transactions from enabled customers using Apple Pay and Google Pay, alongside a nearly 400% surge in TextPay volume as businesses initiate payments via text.
"The acquisition of TPP marks a pivotal moment for SBT and the consumer finance businesses we serve," said David Baxter, Chief Executive Officer at Solutions by Text. "By unifying messaging and payments as one seamless platform, we are eliminating the need for fragmented tools, enabling consumers to engage and pay in one secure, trusted experience. This accelerates our vision of a frictionless journey, reduces time to value, and solidifies SBT's position at the forefront of compliant engagement and payments innovation."
The combined platform delivers enhanced features:
Industry-Leading Compliance & Infrastructure: PCI-compliant gateway supporting ACH, debit/credit cards, and mobile wallets like Apple Pay and Google Pay.
Faster Onboarding & Streamlined Monetization: Automated merchant provisioning via TPP's PayFac program for rapid deployment.
Sophisticated Security and Control: Advanced fraud monitoring, real-time reporting, analytics, virtual terminal, and reconciliation tools.
Omni-Channel Payment Innovation: Robust APIs for payments across messaging, systems of record, portals, and digital channels, orchestrating compliant messages and transactions.
"We are excited to join SBT and help lead the next era of payment innovation," said Ben Kauder, founder of TPP. "By combining SBT's leadership in compliance-first conversational commerce with our advanced payment infrastructure, we are creating a unified platform that delivers secure, frictionless payment experiences at scale."
This acquisition empowers financial institutions with greater autonomy in managing diverse payment options amid growing consumer preferences for mobile wallets and alternative methods, while simplifying complexity and ensuring transparency.
SBT continues to redefine compliant, convenient payment experiences through integrated digital communications.
About Solutions by Text
Solutions by Text (SBT) enables businesses in consumer finance to effectively and conveniently reach their customers. Through a compliance-first messaging platform that seamlessly integrates payments, SBT helps foster meaningful conversations that drive measurable results. For too long, companies have relied on low-yield communication methods such as phone calls, mail, emails, and apps—leaving customers overwhelmed and messages lost in the noise. To break through, businesses need a solution that ensures precision, reach, and results. SBT delivers on this promise, helping its customers achieve outcomes like up to a 400% ROI and a 97% reduction in time to revenue. Good conversations pay off™.
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