PaymentVision, an electronic payment processing technology provider, has partnered with Shaw Systems Associates to offer an integrated payment solutions for Shaw Systems clients enabling secure transaction processing.
The partnership will enable the Shaw Systems clients to process all forms of payment including credit card, debit card, or ACH, recurring and fee-based transactions via online, mobile, agent-assisted portal, automated phone system, or directly within the Shaw application.
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PaymentVision payment processing will offer tokenization to prevent exposure of card or bank account data, besides providing integrated card authorization and bank account verification services.
The solution will also offer retail externalization file interface, periodic payments file interface to automatically load payment activity, monetary posting file interface and an open payment gateway.
PaymentVision product director Sean Fleming said: "This integration was a collaborative effort between the Shaw and PaymentVision product teams to integrate an agent-assisted, web and IVR payment capability into a loan servicing and collections workflow, while keeping the systems outside of PCI scope."
Source: PRWeb
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