
Electronic Payments
What Electronic Payment does:
Accelerates the revenue cycle and reduces administrative costs through a broad range of online payment options and opportunities
Electronic Payment capabilities:
Enables customers to maintain multiple payment accounts
Provides three payment options: via reply email triggered by contact from your Customer Service representative; immediately at the point of service (via self-service kiosks or customer service); and by telephone
Includes low cost card swipe readers that help minimize credit card payment costs
Allows for one-time payments without enrollment
Establishes real-time payment plans
IPayX’s Electronic Payment benefits:
The simplicity of using the IPayX system will delight your customers and benefit you as it helps accelerate the payment process and save money. Using proprietary technology, IPayX’s electronic payment capability manages exceptions, such as checks without coupons and unmatched returns, and provides complete reconciliation of payments – reducing the need for additional human resources.
Even if your customers opt to pay using traditional paper checks, there’s no need to leave them out of the electronic loop. Through email, they can receive an exact duplicate of their paper bill (including all inserts), print out the payment coupon and mail back with a check – saving you money and providing an automatic electronic record of delivery.
IPayX Electronic Payment features:
Credit card and eCheck transactions
Real-time authorization of credit cards
Data capture
Data file for auto posting to your A/R system
Customer service payment processing
Accept credit card and debit payments over the phone
Immediate reversal of payment transactions as required
Maximum payment flexibility
Pay Now option for one-time payments
Payers can define when, and from which account, payments are made
Management reporting
Type and source of payment
Downloadable data
Enrollment and email information
Detail and summary level