Govolution by Deluxe and Fulton Bank Announce Strategic Partnership

Rhea-AI Summary

Deluxe has announced a partnership between Govolution, its ePayment solutions subsidiary, and Fulton Bank to provide advanced payment technology for government and municipal clients. The collaboration focuses on enhancing consumer payment options, optimizing business operations, and improving account reconciliation. Govolution is recognized for its innovative payment solutions, processing over 1.4 million transactions daily for government clients. This partnership aims to leverage Govolution's expertise and technological investments to better serve Fulton Bank’s government customers.

Positive

• Partnership with Fulton Bank enhances service offerings for government clients.
• Govolution processes over 1.4 million transactions daily, indicating strong operational capability.
• Focus on mobile, contactless, and IVR solutions expands payment options for consumers.
• Comprehensive business reporting will improve cash flow and account reconciliation.

Negative

• None.

Deluxe, a Trusted Payments and Business Technology™ company, today announced that Govolution, its ePayment solutions entity aimed at government organizations, has formed a new partnership with Fulton Bank to provide payment technology solutions for the financial institution’s government and municipal customers.

This partnership with the Pennsylvania-based bank will focus on:

• Expanding consumer payment options with mobile, contactless and IVR solutions
• Optimizing business operations through payment integrations
• Providing comprehensive, consolidated business reporting to simplify account reconciliation and improve cash flow

Govolution by Deluxe has a long history of developing payment solutions designed specifically for government organizations, including the first electronic payment engine for the United States Department of Treasury. Today, the company processes more than 1.4 million transactions per day for government entities across the country. Govolution’s high standards surrounding innovative technology and data security are matched only by its commitment to superior customer service to maximize revenue of its clients.

“We chose Govolution because of their expertise in and commitment to the government vertical. Govolution, like Fulton Bank, is customer centric, and both their innovative payment gateway and extensive range of self-service payment channels are designed with the client in mind,” said Paul Czurylo, Commercial Product Team Leader at Fulton Bank. “There are dozens of payment processors, but when it comes to innovation, service and support, Govolution rises above the rest.”

“Govolution has invested heavily in technology, applying the highest standards to data security and creating payment solutions to help government organizations flourish in today’s digital marketplace,” said Mike LoMurro, President of Govolution by Deluxe. “This partnership underscores our reputation as a leader in payment technology and we are delighted that Fulton has chosen us as their preferred provider.”

To learn more, please contact Terry McHugh, Director of Channel Sales, at tmchugh@govolution.com or 609-298-6023.

About Govolution

Govolution, a wholly-owned subsidiary of First American Payment Systems acquired by Deluxe in June 2021, is a leader in ePayment solutions aimed at government organizations. The company developed and launched the first electronic payment engine for the United States Department of Treasury and subsequently deployed applications to more than 80 cabinet-level agencies. Govolution’s proprietary processing platform, Velocity, is security certified with all major payment processors in the United States. Learn more at www.govolution.com.

About Deluxe Corporation

Deluxe, a Trusted Payments and Business Technology™ company, helping businesses pay, get paid, optimize and grow. For more than 100 years, Deluxe has championed businesses so communities thrive at all stages of their lifecycle, from start-up to maturity. Our powerful solutions support millions of small businesses, thousands of financial institutions and hundreds of the world’s most valuable brands. The company operates at significant scale, processing more than $2.8 trillion in annual payment volume. To learn how we can help your business, visit us at www.deluxe.com, www.facebook.com/deluxecorp, www.linkedin.com/company/deluxe, or www.twitter.com/deluxe.

About Fulton Bank

Fulton Bank, N.A. is a subsidiary of Fulton Financial Corporation, a $25.2 billion financial holding company headquartered in Lancaster, PA. Fulton Bank operates more than 225 financial centers throughout Pennsylvania, New Jersey, Maryland, Delaware and Virginia. Learn more at FultonBank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210714005178/en/

FAQ

What is the new partnership announced by Deluxe and Fulton Bank?

Deluxe's Govolution partners with Fulton Bank to provide payment technology solutions for government and municipal clients.

How will the partnership between Govolution and Fulton Bank benefit customers?

The partnership aims to expand consumer payment options, optimize business operations, and simplify account reconciliation for government customers.

What services does Govolution offer in this partnership with Fulton Bank?

Govolution offers mobile, contactless, and IVR solutions, along with integrated business operations and comprehensive reporting.

How many transactions does Govolution process daily?

Govolution processes over 1.4 million transactions per day for government entities across the U.S.