IPayX Teams with ARM Solutions to Offer Soft Collections
Internet Payment Exchange (IPayX) is proud to announce its newest partnership with Ventura, California based Accelerated Revenue Management (ARM) Solutions. ARM will be capable of offering soft collection capabilities through one of IPayX's many types of services. This soft collections feature can be added as an option, that will present an IPayX user with the ability to recover late payments, that are between 60 to 300 days overdue, before they become bad debt. To read the full press release, click here.
To learn more about ARM Solutions, view our business partners section or visit their website at www.armsolutions.net.
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Customer Testimonial
"Med USA has been a partner with Centron Data Services for over 10 years. Centron's quality of service, their reliability and adaptability to meet our needs has been paramount in our decision to continue with Centron year after year.
When Centron unveiled their EBP solution, through IPAYX, we were confident Centron had done all of the necessary comparisons and testing to ensure they were providing a quality solution to us. IPAYX's experienced implementation team was critical to us to ensure we had a well thought-out roadmap to help us implement this new solution with our clients. IPAYX's customer service department has also been responsive to our questions and needs as they arise and has made us confident that we can stand behind this product."
-- Ben Cervinski, Vice President, Med USA, Inc.
It’s Official! EBP Delivers ROI
A recent study, in August, coordinated by Aspen Marketing Services, determined that offering a variety of Electronic Bill Payment and Presentment (EBP) options to customers had a direct measurable impact on customer churn, payment delinquency and overall profitability. Specifically, the study found that the company’s electronic bill users were 12.5 percent less likely to leave the company, 35 percent more likely to pay their bills on time and also purchased 20 percent more products than paper bill users. In addition, they found that automatic, recurring Web payment users were 18 percent less likely to leave and 86 percent more likely to pay their bills on time. To read more about this innovative study, please click here.



