CARY, NC – Sept. 12, 2016 – MercuryGate® International, Inc., a global provider of cloud-based transportation management solutions, today announced the integration of LoadPay, a secure payment platform powered by Truckstop.com. LoadPay enables third party logistics providers (3PLs), brokers and shippers to schedule automated payments to carriers while offering the option of PayMeNow™, a quick payment solution for carriers who elect to receive funds more rapidly.
MercuryGate TMS continues to be at the forefront of providing comprehensive and best-in-class solutions to its customers. LoadPay solves common industry pain points and is positioned to become the industry standard for providing payments quickly, securely and efficiently to all parties within the transportation industry.
“MercuryGate strives to be an enabler of success for all parties within the supply chain. Carriers often struggle with cash flow issues due to the inefficiencies of the historic industry payment model. Brokers, 3PLs, and shippers need a turnkey and secure solution to pay carriers and reduce fraud risk. LoadPay solves these universal issues,” said Monica Wooden, MercuryGate Co-Founder & Chief Executive Officer. “In addition to reducing payment risk, the integration of LoadPay will enable our customers to receive the benefits of the PayMeNow™ savings and having the ability for quick pay.”
LoadPay will be seamlessly integrated within MercuryGate to provide customers with a unique payment option which will save time and money for each company involved. Customers will be able to schedule and automate payments from within the TMS to easily facilitate all invoices and accounts payables. Communication between transportation partners will also greatly improve, as carriers will have real-time visibility to their cash flow through a simple, yet powerful mobile app.
“We are very excited to partner with MercuryGate as they are a market leader and a best-in-class solution provider within transportation management,” said Farid Zaffar, LoadPay General Manager. “LoadPay resolves numerous, long-standing, industry challenges, and will revolutionize the payment process within the transportation industry. The partnership between Truckstop.com and MercuryGate will be a major catalyst to that end.”
Key Features
- LoadPay is a secure payment platform which connects carriers, brokers, and shippers.
- Carriers maintain more control and visibility into their scheduled payments.
- Shippers and logistics professionals receive the benefits of carriers electing a PayMeNow™ option.
- LoadPay eliminates the need to ask carriers for banking information.
- LoadPay can significantly reduce the risk borne by shippers and logistics professionals when sending payments by check.
- PayMeNow™ provides carriers with more control over their cash-flow.
MercuryGate provides product demonstrations for LoadPay, and its full line of transportation solutions, available through the company website, www.mercurygate.com.
About LoadPay
LoadPay is a product of Truckstop.com, which is one of the largest marketplaces for online freight matching and industry data. LoadPay was created to help carriers improve their cash flow and gain visibility into their upcoming payments. In addition, it provides a secured payment platform for all parties to conduct business without concern of fraud. For more information, visit www.loadpay.com.
About MercuryGate
MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency. MercuryGate offers business intelligence to improve transportation processes, increase customer satisfaction, and reduce costs. Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at www.mercurygate.com or on Twitter at @MercuryGate.
