Central Payments is excited to collaborate with Fiserv and Starion Bank to enhance the financial experiences of "Dashers," DoorDash's independent drivers.
SIOUX FALLS, S.D., Dec. 4, 2024 /PRNewswire-PRWeb/ -- Central Payments, a leading provider of innovative payment solutions and program management, is excited to announce it is now supporting accounts for drivers on DoorDash, independent contractors commonly known as "Dashers," through an expanded relationship with Fiserv, a global leader in payments and financial technology solutions, and a new partnership with Starion Bank. As part of this collaboration, Fiserv has embedded financial services within DoorDash's platform, with Starion Bank serving as the sponsor bank for DoorDash Crimson accounts.
Through its role as program manager, Central Payments delivers end-to-end, regulatory-compliant program management, empowering high-growth companies like DoorDash to seamlessly integrate financial services into their platform. Central Payments creates a stable foundation by balancing innovation with robust compliance oversight, ensuring that embedded finance programs are both powerful and secure. As a trusted partner, Central Payments enables businesses to redefine customer experiences with integrated financial services that are accessible and compliant.
"We're thrilled to bring the strengths of these partnerships together in a way that allows us to drive meaningful, real-world impact in the embedded finance space," said Nikkee Rhody, CEO of Central Payments. "Our collaborative work demonstrates the transformative power for companies like DoorDash, to create seamless, integrated payments that empowers both businesses and individuals."
Embedded finance allows companies to move beyond traditional banking constraints, enabling features like real-time payments, virtual accounts, and spend management tools that meet modern needs. As companies like DoorDash embrace these solutions, embedded finance is reshaping the digital economy and setting new standards for customer engagement and loyalty.
For more information on how Central Payments is redefining the future of embedded finance, visit central-payments.com for more information.
About Central Payments
Central Payments, a Sioux Falls, SD based financial technology company, is a recognized leader in embedded finance, leveraging technology and bank-quality experience to deliver seamless, accessible financial solutions to partners across various industries. By connecting businesses with tailored financial tools, Central Payments empowers companies to reimagine their customer experience and thrive in the evolving digital landscape.
About Starion Bank
Starion Bank, a $1.8 billion family-owned community bank, has been a pillar of North Dakota's financial landscape since its establishment in 1969. With 16 locations spanning North Dakota and Wisconsin, Starion remains dedicated to providing top-notch financial services to individuals, businesses, and communities. Learn more at StarionBank.com.
Media Contact
Devon Jones, Central Payments, 1 7069104417, [email protected], https://central-payments.com/
SOURCE Central Payments
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