Fintech Grows Its Electronic Invoice System
Published in CSP Daily News
Adds 280 Circle K sites, 127 Winn Dixie locations
TAMPA, Fla. -- For more than two decades Fintech’s efficient, cost saving data and payment solution has been instrumental to the rollout of alcohol in large chains across the country. The beginning of 2014 proved no different as more than 800 new locations were added to the Fintech system last month. Contributing momentum to that number were large expansions by both Circle K Midwest and Winn Dixie.
Circle K Midwest
A corporate and franchise customer, Circle K Midwest added 280 locations to their 1,020 stores already using the Fintech system. Circle K Midwest and RDK Ventures have been using Fintech as their one source solution for data and payments since 2007.
A leader amongst the grocery industry, Winn Dixie has been working directly with Fintech to pay alcohol invoices electronically since 2001. Their recent acquisition of 127 locations from the Delhaize Group will increase their total of Winn Dixie stores operating on the Fintech system to over 900.
In addition. each month 20 to 30 new alcohol distributors are added to Fintech’s electronic data and payment system. January welcomed 26 new distributors to Fintech’s growing list of more than 2,200 distributors spanning all 50 states.
Fintech, a U.S. Chamber of Commerce Best Business of the Year winner located in Tampa, Fla., provides electronic data and payments to the alcohol industry, eliminating the need to pay alcohol purchases by cash, check or money order. Fintech now serves over 275,000 relationships in all 50 states.