Collection agencies are an integral part of the economy. The ability to collect on outstanding debts is something that many people cannot do, and as a result, they often turn to third-party companies for help. IVR payments are an excellent way to ensure that you get paid on time every single time. If you want more information about how these collections can be made easier with a payment processor, then continue reading today!

This is something that every business owner dreads, but it happens all the time. Imagine getting a notification from your bank saying they can’t process your business’s payment transactions anymore, effective immediately. They’ve deemed your business “high-risk” and no longer wish to do business with you.

IVR payments make the customer experience even better!

Integrated Solutions for Collections Payments

During this pandemic, BillingTree is taking collections payment processing to the next level by closely analyzing our partner’s merchant activity. Your clients/customers want convenient, contactless methods to make their payments.

When it comes to the collections industry, research has shown that the customer experience has a more integral role to play than previously believed. Evidence has shown that the breakdown of human interaction in modern business is the cause of many of today’s revenue problems. Fewer people have been using face-to-face communication in recent years, that trend exponentially increased with the dawn of COVID-19. While this is excellent news for streamlining businesses and improving productivity, it can...

Compliance in Collections Payment Processing

Collections payment processing desperately needs a digital revolution! That’s where we come in.

Despite misconceptions about the collections industry, the goal of major organizations, like the ACA, is to educate and provide products/ services to members at price points they probably could NOT get on their own. Businesses, especially essential ones like hospitals, will continue to need collection services to survive and thrive in the future.

Taking payments online is not as easy as you may think, especially if you want to connect your core system, web applications and mobile apps to the payment gateway.