News from Fintech

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Fintech in the News

Fintech Celebrates October by Welcoming New Customers, Adding More than 15,400 Relationships and 64 New Distributors

Tampa, FL, November 10, 2016 – Processing over 2.1 million invoices for its beverage alcohol retailers and distributors in October, Fintech continues to set the pace in providing the OneSource® solution for beverage alcohol customers nationwide and welcomed several new clients with locations across the nation. This accomplishment is the result of servicing over 430,000 relationships and 2,800 alcohol distributors across the country and reflects the addition of more than 15,400 new relationships in October.

Welcome to Fintech!
Top notch customer service and extensive distributor coverage were deciding factors in Graham Enterprise, Inc. choosing Fintech to handle its beverage alcohol business. The Illinois-based convenience store chain, Graham Enterprises knows Fintech can be counted on to deliver extraordinary results when it comes to alcohol purchase data and invoice payment.

Customers increasing their use of Fintech’s solutions in October included the following:

BJ’s Restaurants
Long time Fintech client and restaurant corporation BJ’s Restaurants launched Fintech’s OneSource solution in its new restaurant locations, bringing on 32 relationships in October.

Colvin Oil
Fintech customer and convenience store chain Colvin Oil added 60 Fintech relationships in October.

Fred Meyer
Fred Meyer, leading Kroger superstore chain, rolled out its store locations on Fintech, adding 1,790 relationships in October.

Rosauers Supermarkets
Rosauers Supermarkets, a premier grocery chain, rolled out several locations and added 129 relationships in October.

Walmart
During the month of October, Walmart launched 524 new Fintech relationships in numerous states.  

Fintech also welcomed hundreds of independent retailers in the month of October.

64 New Fintech Distributors
Sixty-four distributors adopted Fintech’s regulated commerce solution to simplify collections and increase efficiencies in the month of October. Fintech provides customized invoice information and electronic payments for distributors of all sizes - - including craft brewers, small batch distilleries, boutique wineries, and the nation’s largest beer, wine, and spirits wholesalers. Fintech enables distributors to streamline business processes and receive every payment in full and on time.

Distributors that enrolled in Fintech in October include:

Empire Distributors - Wilmington
Empire Distributors’ Wilmington, North Carolina house adopted Fintech to simplify payment and business processes.

Northern Eagle
New York Anheuser-Busch distributor Northern Eagle Beverages has joined Fintech’s OneSource for its alcohol deliveries.

Oil Horse Brewing Co.
Texas-based beer distributor Oil Horse Brewing Co. has joined Fintech for electronic payment processing and data services. Steel City’s product can be found in such retail outlets as Rotolo’s Pizzeria and Cajun Steamer Bar & Grill.

Click here to view a list of retailers and distributors using Fintech’s service around the country.

About Fintech
Fintech®, a U.S. Chamber of Commerce Best Business of the Year winner located in Tampa, Florida, is the OneSource® solution for your beverage alcohol business.  Not only does our platform provide user-friendly data and analytic reporting to equip businesses with powerful purchasing knowledge, we also act as a strategic advisor, connect and grow businesses through industry partnerships, and provide electronic payments to save alcohol retailers and distributors time and money. Fintech is the only EFT provider that is compliant and available for use in all fifty states. Servicing over 430,000 relationships and working with over 2,800 distributors, Fintech processes over 500,000 invoices weekly, representing $24 billion in payments annually. For more information on our new products & services, visit www.fintech.net and follow us on Facebook, Twitter, and LinkedIn.

Media Contact: Emily Carbone - ecarbone@fintech.net - 800.572.0854 x 3887