April 03, 2018

Payrailz Announces Move to New Office to Support Company’s Momentum

-Smart payments company expands to cater to accelerated growth; additional staff-

Glastonbury, Conn., Apr. 3, 2018 – Payrailz,  a digital payments company offering smarter more engaging and secure bill payment and money transfer solutions to banks and credit unions, today announced that it has moved headquarters to a larger office to accommodate the company’s rapid growth strategy and momentum, located at 95 Glastonbury Boulevard, Glastonbury, Connecticut, 06033.

In a new era driven by the “Do it For Me” phenomenon, Payrailz was founded to help financial institutions succeed by offering a smarter, secure and more engaging payments experience that surpasses the current solutions available in the market.

In support of the company’s growth and momentum within the industry, the new office is more than double the original office’s footprint. The new location will offer more work space for employees combined with an innovation lab and an open, flexible venue for client meetings and product demonstrations.

“We are excited to relocate to a larger office space as it supports our company’s plans to further expand,” said Fran Duggan, CEO of Payrailz. “The industry’s response to our vision has been phenomenal, so we are adding resources to ensure we deliver superior service to our clients. Our new headquarters will give us a more accessible and innovative space for our employees to stimulate more creative ideas as we look to fill a wide range of positions. We are certainly very excited about our prospects and we look forward to continuing to present new innovations to financial institutions.”

Payrailz’s intelligent and sophisticated technology is designed to propel financial institutions ahead of their competitors by utilizing data and artificial intelligent tools to proactively meeting consumers’ and business’ needs and providing a unique online and mobile payments experience. As a company based in Connecticut, Payrailz is committed to developing and partnering with local talent and contributing to the state’s rapid growth as a fin-tech hub.

About Payrailz

Payrailz is a digital payments company offering advanced bill payment and money transfer solutions to banks and credit unions. In a society that increasingly has become focused on a “do it for me” culture, Payrailz’s smart technology makes the difference. Payrailz creates smarter payment experiences for the financial services industry that are predictive and more engaging than currently available alternatives. Financial institutions can confidently embrace Payrailz’s cloud based technology engine, including AI, dynamic workflow, open data exchange, and a robust SDK to offer unique payment solutions to their customers. Payrailz helps FIs meet the payment expectations of today and the payment innovation needs of tomorrow. For more information, visit www.payrailz.com, or visit them on Twitter @payrailz, Facebook or LinkedIn, or contact Mickey Goldwasser at 860.430.9245.