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Payrailz: Partners With Mastercard
- The goal is to offer users an easy way to view, manage and pay bills
- The pilot also will integrate the Payrailz Smart Payments Platform with Mastercard Bill Pay Exchange
- Bill Pay Exchange enables users to get bills quickly and view them live on their bank’s app or website
- Payment can be handled with cards, real-time payments or bank transfers
- The Glastonbury, Connecticut startup Payrailz founded in 2016 by co-founders Fran Duggan, Paul Franko and Rich Pelikan
- Then the company raised $3.5 million in its latest funding round in August of 2018