Benzinga | Jun 29, 2021 11:34AM EDT

Repay To Offer Automated AP Solutions To Premier

* Repay Holdings Corp (NASDAQ:RPAY) inked a group purchasing agreement via subsidiary CPS Payment Services for advanced accounts payable (AP) solutions with healthcare improvement company, Premier Inc.

* CPS will provide Premier members with advanced automation capabilities for AP disbursements, enabling healthcare providers and hospitals to streamline internal workflows and realize savings through revenue-generating rebates.

* Price action: RPAY shares traded lower by 0.25% at $24.31 on the last check Tuesday.