BlytzPay, a collections management platform that speeds up payments and boosts customer engagement for buy-here, pay-here dealers and finance companies, announced a new patent approval for its solution, saying this week it marks a significant milestone for the company

The approved patent, titled Digital Engagement Platform for Payment Solutions with Cash-Enabled Multipay and Promise-to-Pay, builds upon BlytzPay’s earlier innovations in payment technology. It is a continuation in part of U.S. Patent Application No. 18/064,454, which was filed on Dec. 12, 2022, and a further continuation of U.S. Non-Provisional Patent Application No. 16/869,543, granted as Patent No. 11,526,858, and claims priority to U.S. Provisional Patent Application No. 62/844,353, filed on May 7, 2019.

BlytzPay highlighted the technology outlined in the newly approved patent aims to enhance the customer experience by utilizing mobile technology to facilitate seamless payment processing.

It introduces an innovative platform that can allow customers to engage in cash transactions more efficiently, supporting multi-pay features and enabling promise-to-pay arrangements in order to provide users with greater flexibility and convenience.

“Our technology is a game changer for both merchants and consumers,” BlytzPay Founder and CEO Robyn Burkinshaw said in a news release. “We are making payment processing more inclusive by integrating cash transactions into a mobile-friendly ecosystem.

“All of this aligns with our mission to create frictionless, secure, and accessible payment experiences for users across all demographics,” Burkinshaw added.

Burkinshaw and president and chief financial officer Alison Andreozzi discussed collections and more during a Speed Session at Used Car Week 2024 in Scottsdale, Ariz. That conversation is part of an episodes of the Auto Remarketing Podcast available below.