About Us

Tyler Technologies Acquires Rapid Financial Solutions

Rapid has joined Tyler Technologies, the leading provider of integrated software and technology services to the public sector. Read the full announcement here.

About Us

Providing frictionless fintech and payment solutions through technology innovation

Rapid’s Platform-as-a-Service (PaaS) empowers your organization to go beyond payments with a complete suite of fintech, payment processing, card issuing, and mobile engagement solutions, giving consumers greater choice and connection to the services they want and need.

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Rapid Financial Solutions was founded in 2005 as a pre-paid card program manager and processor in the sports industry under the brand name RefPay.

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Niche Solutions

Today, Rapid Financial Solutions specializes in niche disbursement solutions for state, federal, and local government agencies.

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In 2022, Rapid joined Tyler Technologies, the leading provider of integrated software and technology services to the public sector.

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We serve over 1,700 municipalities, school districts, property managers, and associations across the U.S.

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Today’s Tech

As the leading court disbursements solution, we help courts step into today’s technology, move away from cash and paper checks, and into electronic payments.

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The Leader

We are the national leader in managing resident and parolee funds for correctional facilities across the U.S.

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Pro Rodeo

We disburse all payouts for the Professional Rodeo Cowboys Association.

What makes Rapid different?

  • In-house account and card fulfillment — ability to customize card carriers and terms and conditions to meet individual needs

  • Direct issuing sponsorship with three U.S. banks — regulated by standard banking rules and regulations

  • We’re a vertically integrated company — we own and operate our proprietary processing platform, which is connected to major credit and debit networks.

  • Payment facilitator (or PayFac) — As a payment facilitator, or PayFac, for over 300 organizations, Rapid can take care of all of your merchant service needs.

  • In-house call center providing all tiers of customer support.

  • In-house IT and development teams, focused solely on fintech

  • White labeled technology — Rapid can help your organization strengthen its brand

Compliance certifications

PCI DSS V3-2-1 • SOC 1 Type 2 Certified • Mastercard Level 2 • Tokenized IDs

Nice to meet you!

Across the U.S., Rapid is helping government eliminate disbursement headaches, solve for unique payment processing scenarios, and create more engaging experiences. Interested in learning how we can help you too?
Click the big red button below to start a conversation with one of our payments experts.