Remitia Ltd Information

GROWTH THROUGH PAYMENTS Our truly scalable plug and pay solution delivers growth though payments, either as an overlay to an already existing platform or as a stand-alone solution, to the entire supply chain with a specific focus in addressing the previously unattainable $20 trillion USD commercial opportunity of SME/SMB payments via partnerships or direct and using First Data’s global infrastructure to make payments. Driven by detailed current and historic buyer payment data, Remitia’s payment analytics map supplier behaviour to determine risk and eligibility into the programme. Our proprietary analytics remove risk and allow for invoices to be paid instantly with zero process change, zero balance sheet impact and allows the buyer the flexibility of running the programme at cost or to make a profit. We enable large buyers to pay their suppliers’ invoices instantly, determining their commercial outcome and benefits, without the buyer needing to make changes to their existing processes, and without compromising their existing banking relationships or supply chain finance programmes. Instant payment to SMBs is a benefit to the economy and reinforces government policy designed to nurture SMBs and promote the prompt payment of small suppliers.