History

The Payments Company, a privately held company in Richmond, Virginia, was founded in 2009. The staff includes a team of experienced banking, payments, and IT personnel with over 100 years of financial and payments expertise. The goal of the company is to assist clients in automating the vendor payment process using our proprietary web-based software. The Payments Company provides personalized and customized service and consulting to clients and assists them in reaping the financial and operational rewards of utilizing the AP advantage™ solution.

Unlike most of its competition, The Payments Company provides full servicing of vendor payments including research, enrollment, data storage, technical support, processing, and reconcilement. These comprehensive services enable our clients to focus on core competency services without hiring and maintaining specialized expertise to implement and manage e-payments programs.

The Payments Company has specialized software, a proprietary network, and a vendor database of over 25,000 vendor payment instructions. Payment processing partners of The Payments Company include VISA®, The Bancorp Bank, MSI and BB&T.

We work with large clients such as Patient First and QubicaAMF and have many affiliations, including but not limited to the Retail Merchants Association, Chesterfield Chamber of Commerce, and Greater Richmond Chamber of Commerce.

We provide a complete solution for you to pay vendors electronically while keeping your current software and AP Processes.