Paya Acquisition Adds Services for Non-Profit, Faith Based and Educational Businesses

Payment platform Paya offers new services to businesses in the nonprofit, faith-based and educational industries with acquisition of payment facilitator Stewardship Technology. For these industries, having a reliable payment platform makes it possible to raise funds and accept payments using today’s mobile devices and connected systems. The solutions Stewardship Technology has in place will be integrated with Paya’s suite of payment-related services and management software to provide customizable offerings for each industry. Small businesses operating in these segments will now have access to industry leading payment technology for integrated services. This is what Paya President Greg Cohen, pointed out in the press release. Cohen said, “With this acquisition, Paya will be primed to offer new capabilities and launch into new verticals that will support our continued growth while maintaining our mission to be the best payments technology solution for businesses. We’re thrilled to bring the entire Stewardship Technology team into the Paya family to accelerate growth.”