- Payrazr Account Updater feature reduces payment disruptions from lost, compromised and expired/replaced cards
- Reduces call backs and streamlines back office operations saving agencies time and money
Phoenix, Ariz. – July 18, 2018 BillingTree®, the leading payment technology provider, today announced plans to feature their innovative auto-account updater at the upcoming ACA International Convention & Expo in Nashville. Payrazr Account Updater™ supplies refreshed cardholder data to create a smoother billing cycle for both the agency and their consumers. The solution eliminates the costly process of chasing updated card account details, removing the need for collectors to manually revise payment data while reducing chargeback risk and minimizing rejected payments.
Powered by a partnership and integration with the leading card brands, Payrazr Account Updater maintains the most current card information to help prevent card declines and ensure timely payments from consumers. The service is the latest product to be added to the established BillingTree Payrazr® suite of payment solutions for the ARM industry, designed to help collection agencies deliver uninterrupted payment service to clients.
BillingTree will be showcasing the new solution during the ACA International Convention & Expo, July 23-25 at the Nashville Music City Center. They are also a Gold Sponsor, sponsoring the George Jones Rooftop Experience - ACA International’s Political Administration Fund event during the show.
“The transition to online and mobile payments shows no sign of slowing down as consumers seek to simplify their day-to-day life by eliminating paper checks and setting up recurring payments,” said Chad Probst, Chief Revenue Officer at BillingTree. “Providing a solution that minimizes rejected transactions enables agencies to reduce unnecessary customer interaction, ultimately increasing customer satisfaction while removing the timely and costly task of continually seeking current card information and manually updating payment data.”
BillingTree® is the leading provider of integrated payments solutions to the Healthcare, ARM, Property Management, B2B, and Financial Services industry verticals. Through its technology-enabled suite of products and services, BillingTree enables organizations to increase efficiency and decrease the costs of payment processing while adhering to compliance regulations. Leveraging more than a decade of market experience, BillingTree is dedicated to growing payments with technology through an integrated omni-channel offering, suite of proprietary products and value-added services, and a company-wide focus on delivering extraordinary customer service.