What Multi Service Technology Solutions does

Multi Service Technology Solutions, Inc. (MSTS) operates the TreviPay brand, a B2B payments and accounts receivable (A/R) automation platform serving enterprise sellers globally. Founded in 1978 and headquartered in Overland Park, Kansas, MSTS traces a 40+ year legacy in B2B payments and trade credit, evolving from a traditional trade credit provider into an AI-augmented order-to-cash automation vendor. The platform processes $1B+ in annual payment volume, generates 1M+ invoices per year, supports 100K+ buyers across the TreviPay network, and operates in 45+ countries and currencies with localized compliance and invoicing in 30+ markets.

The product portfolio spans six core solutions — Pay by Invoice (embedded B2B net terms), B2B Payments (cross-channel/ERP payment processing), Accounts Receivable Automation, Credit & Risk Management (AI-enhanced underwriting against 30+ databases), Smart Invoicing, and Collections Management — supplemented by modules including Order-to-Cash Automation, Universal Acceptance, All-in-One Payments, UATP Net Terms for Travel, and the Financial Partner Gateway for embedded banking integration. AI is positioned as a feature layer across the order-to-cash lifecycle, applied to credit decisioning, invoicing, collections, anomaly detection, and buyer re-engagement. The platform exposes APIs and developer documentation (docs.trevipay.app) for ERP, eCommerce, and payment-processor integrations.

MSTS monetizes through a mix of transaction-based fees on B2B payment processing, recurring and managed-service contracts for A/R automation, and embedded platform fees via the Financial Partner Gateway. Go-to-market is enterprise field sales targeting large B2B sellers, with named customers including Best Buy, Walmart, Currys, Samsung, Lenovo, HSBC, Allianz Trade, GM, Air Canada, PACCAR, International (Navistar), Choice Hotels, Staples, Albertsons, Toyota Material Handling, and SuperMicro. Flagship card-network partnerships with Visa (Pay by Invoice) and Mastercard, plus UATP for travel, broaden distribution beyond direct sales into issuer and acquirer ecosystems.

Name

Multi Service Technology Solutions

Legal name

Multi Service Technology Solutions, Inc.

Website

https://msts.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Multi Service Technology Solutions operates the TreviPay B2B payments and accounts receivable automation platform, processing $1B+ annually across 45+ countries for enterprise sellers in retail, manufacturing, banking, airlines, hotels, and trucking, with AI-augmented credit decisioning and embedded net terms.

Ownership category

akta.pro rank

Product category

B2B Payments and Accounts Receivable Automation

NAICS

Nondepository Credit Intermediation (5222), Activities Related to Credit Intermediation (5223)

SIC

Short-Term Business Credit Institutions (6153), Services-Prepackaged Software (7372)

akta.pro primary industry

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

akta.pro secondary industry

Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)

Keywords

• B2B payment solutions
• Accounts receivable automation
• Order-to-cash automation
• Trade credit services
• Embedded net terms

Headquarters

HQ city

Overland Park

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. B2B Payment Processing: Transaction-based revenue from processing B2B payments, invoicing, and net terms across the company's global network. The company processes $1B+ annual volume and generates millions of invoices annually.
2. A/R Automation Managed Services: Fully managed accounts receivable automation software and services including credit management, smart invoicing, and collections management.
3. Financial Partner Gateway: Embedded financing platform for banks and financial institutions to automate A/R for commercial customers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Multi Service Technology Solutions, operating as TreviPay, provides a global B2B payment and credit platform that enables enterprise sellers to offer net terms, automate invoicing, perform credit and risk decisions, and run collections across 45+ countries. The platform combines AI-powered order-to-cash automation with fully managed services to streamline B2B payments, accounts receivable, and trade credit for retail, manufacturing, banking, airlines, trucking, and hospitality sectors.

Product overview

TreviPay is a B2B payment and accounts receivable automation platform operated by Multi Service Technology Solutions. The platform combines AI-powered automation with fully managed services to help enterprise sellers streamline the entire order-to-cash process. The core portfolio includes Pay by Invoice for B2B net terms transactions, B2B Payments for cross-channel and ERP payment processing across 45+ countries, and Accounts Receivable Automation covering credit management, smart invoicing, and collections management. These core solutions are complemented by specialized modules including Order-to-Cash Automation for end-to-end workflow streamlining, Universal Acceptance for diverse payment types, All-in-One Payments consolidation, UATP Net Terms for Travel industry integration, and Financial Partner Gateway for embedding TreviPay's capabilities into banking platforms. The platform serves multiple industries including retail, manufacturing, banking, airlines, and hotels.

Differentiator

Problem solved

Functional benefit

Products and services

• Pay by Invoice B2B payment solution enabling enterprise sellers to offer buyers net terms. Allows businesses to purchase on credit and unlocks new revenue opportunities for sellers while increasing average order value.
• B2B Payments Enterprise payment platform that automates payments and invoicing across channels and ERPs for B2B digital transformation, supporting payments in 45+ countries and currencies.
• Accounts Receivable Automation Fully managed A/R automation platform and services that streamline credit, invoicing, and collections. Reduces manual work and ensures predictable cash flow.
• Credit & Risk Management AI-enhanced underwriting and credit decisioning solution using 30+ databases for quick risk and compliance checks, accelerating credit approvals for buyers.
• Smart Invoicing AI-enabled invoicing automation solution that applies personalized invoicing to cut manual tasks, match buyer preferences, and meet global compliance requirements.
• Collections Management Fully managed collections solution that ensures predictable cash flow, reduces manual work, and guarantees Days Sales Outstanding (DSO) improvement through automated workflows.
• Universal Acceptance Solution enabling acceptance of diverse payment types and terms to serve global B2B buyers across different markets and payment preferences.
• All-in-One Payments Comprehensive payment solution consolidating multiple payment methods and terms into a unified platform for simplified B2B transactions.
• TreviPay & UATP Net Terms for Travel Specialized net terms solution for the travel industry, integrating TreviPay's payment capabilities with UATP (Universal Air Transport Plan) for airline and travel sector transactions.
• Financial Partner Gateway Embedded financing platform enabling banks and financial institutions to automate A/R for commercial customers by integrating TreviPay's payment infrastructure.

Quantifiable outcome

• Reduction in Days Sales Outstanding (specific percentage not disclosed in detail)
• +2 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• VisaflagshipStrategic or Co-development PartnerTreviPay has teamed up with Visa to expand Pay by Invoice capabilities across the Visa network, unlocking new B2B revenue opportunities for issuers while delivering a familiar, trusted payment experience for buyers. TreviPay's Pay by Invoice solution enables Visa issuers and their business buyers to use Visa credentials for supplier payments to unlock new B2B opportunities.
• MastercardcoreTechnology or IntegrationPartnership for net terms solution in combination with Mastercard acceptance. The collaboration helps businesses improve cash flow, reduce friction at checkout and scale trade credit globally.
• UATPcoreStrategic or Co-development PartnerTreviPay & UATP Net Terms for Travel solution providing specialized net terms for the travel industry through UATP's global payment network.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Plastiq: Plastiq enables businesses to pay any B2B bill via credit card, with features for trade credit and net-terms style workflows. It overlaps with TreviPay's Pay by Invoice and card-network-enabled B2B payment capabilities.
• HighRadius: HighRadius provides AI-powered order-to-cash, treasury and B2B payments software to enterprise finance teams. The overlap with TreviPay's AI-driven O2C, collections and credit decisioning stack is substantial, particularly in the enterprise segment.
• Melio: Melio offers B2B bill payments and AR automation targeted at small and mid-sized businesses. While its customer segment skews smaller than TreviPay's enterprise base, it competes in the same B2B payments and AR automation category.
• Bill.com: Bill.com is a leading B2B payments and AP/AR automation platform for SMBs and mid-market. It directly competes with TreviPay on accounts-receivable automation, invoice management, and B2B payment processing, though it skews smaller-customer than TreviPay's enterprise focus.
• Balance: Balance provides a B2B payments platform enabling sellers to offer net terms and trade credit to buyers, with automation of credit decisioning and collections. Functionally and category-wise it is closely comparable to TreviPay's core offering.
• AvidXchange: AvidXchange automates AP and B2B payments for mid-market and enterprise. While its primary focus is AP rather than AR, it competes with TreviPay for embedded payments share with enterprise finance and shared-services customers.
• Resolve: Resolve is an AI-driven B2B payments and net-terms platform focused on automating accounts-receivable workflows for B2B sellers. It is a direct emerging competitor to TreviPay's Pay by Invoice and AR automation products.
• Versapay: Versapay offers A/R automation and B2B payments with embedded net-terms capabilities. Its collaborative AR and supplier-facing portal directly overlap with TreviPay's order-to-cash automation and collections-management offerings.

Broad incumbents

• Ramp: Ramp is a broad spend management and corporate-card platform that also touches B2B payments and AP automation. While it does not offer TreviPay's net-terms/credit product, it competes for enterprise treasury wallet share and could expand into net-terms.

Emerging players

• Modern Treasury: Modern Treasury provides payment-operations infrastructure (APIs for money movement, reconciliation, ledgers) used by fintechs and platforms. It is an emerging player that competes in the broader B2B/enterprise payments-infrastructure layer that TreviPay also serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/MultiSvc
• YouTubeyoutube.com/@trevipay
• Facebookfacebook.com/TreviPay
• LinkedInlinkedin.com/company/trevipay

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multi Service Technology Solutions