PaymentSpring Announces Name Change to Nelnet Payment Services

Rhea-AI Summary

PaymentSpring, a division of Nelnet (NYSE: NNI), has rebranded as Nelnet Payment Services to unify its operations under the Nelnet name. The name change aims to enhance opportunities for market expansion and partnerships. Nelnet Payment Services provides innovative and affordable payment solutions, focusing on expanding its product offerings to maintain competitive advantages. The company serves various industries and is positioned as a leading payment gateway, delivering secure payment solutions to businesses and independent sales organizations.

Positive

• Rebranding to Nelnet Payment Services enhances brand unity and market presence.
• Focus on expanding product offerings to maintain competitive advantages.
• Provides secure, reliable payment solutions across multiple industries.

Negative

• None.

LINCOLN, Neb., Aug. 10, 2022 /PRNewswire/ -- PaymentSpring, a division of Nelnet, Inc. (NYSE: NNI) and a leader in secure payment technology for education and non-profits across the United States, has announced it has changed its name to Nelnet Payment Services.

Nelnet Payment Services currently serves as the payment engine for products and services across multiple Nelnet business units. This name change will further unify the business with the Nelnet brand to create opportunities to expand into new markets and facilitate additional partnerships.

Throughout its history, Nelnet Payment Services has created product and service offerings designed to simplify and secure the payment experience. Over the years, the company has expanded into a variety of industries and has added proven processing partners, powerful integrations, and leading services. 

"As Nelnet Payment Services, we will continue to provide innovative and affordable payment solutions to our existing partners," said Becky Pollock, president of Nelnet Payment Services. "We'll also focus on enhancing our product set to provide unique, competitive advantages in support of new opportunities available through existing Nelnet business lines and beyond."

About Nelnet Payment Services

Nelnet Payment Services is a premier payment gateway, enabling software partners to offer secure, reliable payment solutions to their customers and members. From small businesses needing an easy gateway to add to their new business site to independent sales organizations in search of a processor that offers a better payment experience for their portfolio, Nelnet Payment Services delivers. For more information, visit nelnetpaymentservices.com.

 

View original content:https://www.prnewswire.com/news-releases/paymentspring-announces-name-change-to-nelnet-payment-services-301603780.html

SOURCE Nelnet Payment Services

FAQ

What major change did PaymentSpring announce on August 10, 2022?

PaymentSpring announced that it has changed its name to Nelnet Payment Services.

How will the rebranding benefit Nelnet (NNI)?

The rebranding aims to unify operations and create opportunities for market expansion and new partnerships.

What services does Nelnet Payment Services provide?

Nelnet Payment Services offers secure and reliable payment solutions for education and non-profits.

Who is the president of Nelnet Payment Services?

Becky Pollock is the president of Nelnet Payment Services.

What industries does Nelnet Payment Services serve?

Nelnet Payment Services serves a variety of industries, focusing on providing innovative payment solutions.