Increase, the modern banking core engineered for builders, is partnering with Vantaca, an AI-first technology company purpose-built for community association management, to power the company’s new Vantaca Vendor solution. By using Increase’s banking infrastructure and APIs, Vantaca was able to embed payment infrastructure directly into its platform and build a comprehensive vendor pay experience for property management companies. The solution, Vantaca Vendor, is a fully embedded payments experience spanning ACH, cards, and checks.
“We weren’t looking for a payments vendor. We were looking for infrastructure to power a lasting product,” said John Moore, Vice President, Vantaca Vendor. “Increase was the only partner that gave us every rail through one API, talked to us like engineers, and didn’t ask us to compromise on what our customers actually needed.”
Using Increase’s direct connection to the Federal Reserve, Vantaca can pull funds from a property manager’s external bank account, with access to all three same-day ACH windows for same-day settlements. After funds settle into the Increase account, Vantaca is able to give management companies the option to choose the best method for payouts:
Card payments — Built on Increase’s card-issuing stack, Vantaca can issue one-time virtual cards.
ACH transfers — With Increase, Vantaca can send same-day ACH payments at every Fed window, with visibility into settlement tracking.
Physical checks — Increase’s check API lets Vantaca issue, mail, and track physical checks programmatically, with built-in Positive Pay for fraud detection, expedited shipping, real-time delivery events, and full check customization.
Real-time payments — Increase is integrated with the RTP network, enabling Vantaca to send money to a recipient’s bank account in less than 60 seconds.
“Most providers would have put our check requests on a roadmap. Increase shipped an embeddable QR code component and custom signature support within days. That’s the difference between a vendor and a partner, and it’s the reason we were able to launch on the timeline our customers needed,” said John Moore, Vice President, Vantaca Vendor.
