News from Fintech

Click here to view the Fintech Focus newsletter archive and read about changes to alcohol regulations, new product offerings, and trends within the industry.

Fintech in the News

Fintech Welcomes New Customers, Adding More than 12,200 Relationships and 50 New Distributors in May

Tampa, FL, June 15, 2017 – Processing $2.4 billion on payments for its beverage alcohol retailers and distributors in May, 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 12,200 new relationships in May adds to the company’s total of more than 450,000, processing with over 3,000 distributor partners.  Several leading national retail chains and long-time Fintech clients including BJ’s Wholesale Club, Circle K, Kroger, and Sheetz continued to use Fintech OneSource to increase efficiency and profitability by onboarding new locations.

Welcome to Fintech!
Fintech also welcomed numerous new clients attracted by top notch customer service and distributor coverage.

 

New clients selecting Fintech’s OneSource® solution in May included the following:

Abby’s Inc.
Oregon pizza restaurant chain Abby’s, whose pies are legendary, launched Fintech’s OneSource solution in the month of May. 

Cracker Barrel
Homestyle country cooking leader Cracker Barrel began utilizing Fintech at its new convenience store concept locations last month.

Dari Mart
Oregon-based convenience store client Dari Mart launched Fintech in all of its locations.

 

Enmark Stations 
With stores in the Carolinas and Georgia, convenience store operator Enmark Stations began utilizing Fintech in May.

TooJay’s  
Florida-based gourmet deli, TooJay’s  implemented Fintech at its restaurant locations during the month of May.

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

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

Echo Valley Vineyard
Wine distributor Echo Valley Vineyard, located in Kentucky, adopted Fintech to simplify payment and business processes.  

Hub City
New Jersey beer distributor Hub City has joined Fintech’s OneSource for its alcohol deliveries.

Moda Beverage
Washington wine and liquor distributor Moda Beverage has implemented Fintech electronic payment processing for its alcohol invoices.

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 450,000 relationships and working with over 3,000 distributors, Fintech processes over 500,000 invoices weekly, representing $25 billion in payments annually. For more information on our new products & services, visit www.fintech.net and follow us on FacebookTwitter, and LinkedIn.

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