Leading Lockbox Remittance Processor Expands Product Offering with Robust Electronic Billing and Payment Platform
NEW YORK, NY and CLIFTON, NJ – November 7, 2011 – In a strategic move to provide clients with electronic billing and payment solutions, 3 Point Alliance will begin leveraging the Transactis Software-as-a-Service (SaaS) platform. With a focus on lockbox remittance solutions for billers, 3 Point Alliance saw the need to offer an integrated receivables solution that included an expansive set of electronic presentment and payment options.
“Transactis’ services are as customizable and scalable as our own,” said Richard Daidone, President of 3 Point Alliance, “and in partnering with this industry leader in electronic payments, we are able to create a vertical solution across all platforms of the payments industry for our clients.”
Transactis is in a unique position to provide 3 Point Alliance with a platform to meet the diverse needs of their business-to-business (B2B) and business-to-consumer (B2C) billers. By including B2B features such as eConsent, dispute management, and reconciliation combined with B2C capabilities like PDF push billing, flexible recurring payments, and IVR, Transactis helps its partners deliver solutions to billers of all types and sizes.
“Working with the right channel partners who deliver value added receivables solutions to the market is key to our growth strategy,” comments Joe Proto, CEO & Chairman of Transactis. “3 Point Alliance provides their customers with an exemplary level of high quality, comprehensive services. Adding our electronic billing and payment capabilities to their existing remittance processing solutions gives them the ability to now address the complete receivable needs of their customers.”
Transactis delivers a robust electronic bill and invoice presentment and payment (EBPP and EIPP) solution to replace paper bills and payments with smart electronic transactions. BillerIQ is a feature-rich, configurable white-label solution enabling businesses of all sizes and across all industries to securely deliver electronic bills, invoices and documents and accept payments online, by phone or mobile device. Transactis is HIPAA compliant, SSAE 16 compliant, PCI Level 1 certified, and SOC 2 certified. Transactis investors include StarVest Partners, Metamorphic Ventures, MacAndrews & Forbes Holdings, and ff Venture Capital. For more information visit transactis.com
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