News from Fintech

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Fintech in the News

Fintech Celebrates November by Welcoming New Customers, Adding More than 12,000 Relationships and 50 New Distributors

Tampa, FL, December 14, 2016 – Processing over 2.2 million invoices for its beverage alcohol retailers and distributors in November, Fintech continues to set the pace in providing the OneSource® solution for beverage alcohol customers nationwide. Important developments included welcoming a number of new clients with locations across the nation. The addition of more than 12,000 new relationships in November brought the company’s total to more than 430,000, including over 2,800 distributors.

 

Welcome to Fintech!
Top notch customer service and extensive distributor coverage were deciding factors in E.W James & Sons’s choosing Fintech to handle its beverage alcohol business. The Tennessee-based grocery store chain knows that 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 November included the following:

General Porpoise
General Porpoise, a Seattle-based gourmet doughnut shop, added 40 relationships in November.

Hideaway Pizza
Oklahoma and Arkansas-based pizza chain Hideaway Pizza added Fintech’s OneSource solution in restaurants, bringing on 85 relationships in November.

 

RaceTrac Petroleum
New Fintech customer and convenience store giant RaceTrac Petroleum rolled out locations in November and added 801 relationships.

Target

Leading superstore chain Target rolled out store locations on Fintech, adding 241 relationships in November.

Walmart
During the month of November, Walmart launched 295 new Fintech relationships in numerous states.  

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

50 New Fintech Distributors
Fifty distributors adopted Fintech’s regulated commerce solution to simplify collections and increase efficiencies in the month of November. 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 November include:

Hestia Cellars
Hestia Cellars, located in Washington, adopted Fintech to simplify payment and business processes.  The wine distributor’s products can be found in retail locations including Costco and Whole Foods.

Locust Cider
Washington state cider distributor Locust Cider has joined Fintech’s OneSource for its alcohol deliveries.

Mouvance Winery
Idaho-based winery Mouvance Winery has joined Fintech for electronic payment processing and data services.

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