Freely Payments

Freely Payments is a Washington, D.C.-based fintech company specializing in B2B payment solutions for the food and beverage industry. Founded by industry veterans with extensive experience in payments, food distribution, and financial technology, Freely Payments provides innovative payment processing services tailored specifically for wholesale foo... d distributors and restaurants. The company has pioneered proprietary technology that enables vendors and suppliers to accept credit card payments from their customers while completely eliminating traditional processing costs. Through strategic partnerships with card networks including Mastercard, Freely Payments optimizes interchange rates to make card acceptance economically viable for businesses that have historically avoided credit card transactions due to high fees. The platform offers two core solutions: freely acceptance, which allows vendors to accept credit card payments at no cost with cashback incentives on every transaction, and freely pay, a co-branded credit card program that provides customers with cash back on purchases, early-pay discounts, and interest-free payment floats. The company's intelligent routing system ensures each transaction is processed at the lowest possible cost while streamlining accounts receivable operations through automated collections and payment management. Freely Payments has been selected for Mastercard's Start Path SMB Program and received a Catalyst Grant from the Arlington Innovation Fund to further enhance its platform capabilities and expand features for clients in the food service sector.Read More