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THE INDUSTRY STANDARD IN AUTOMATED PAYMENT SYSTEMS FOR COLLECTION AGENCIES.
SPEEDS CASH FLOW. REDUCES STAFF TIME. IMPROVES PROFITABILITY.
There are a thousand ways people get into debt. But there’s only one way to get out of it. Trouble is, too many simply don’t have the discipline to develop or stick with a payment program unless, or until, a plan is imposed by a creditor. That’s where debt collection agencies and MP Transact technology make an ideal partnership. MP Transact for Collections is a leading Integrated Payment System for debt collection agencies that makes initiating, processing, and managing electronic payments fast, accurate, and assured. MP Transact for Collections is powerful, flexible, cost-effective, and easy to use and administer. Now debt collection agencies of any size can develop, administer and manage automated payment programs with a minimum of staff time, and maximum effectiveness.
THE INTEGRATED PAYMENT SYSTEM™ FOR COLLECTION AGENCIES.
Once a debt collection organization becomes involved in the process, the matter must be handled quickly, efficiently and with respect and courtesy. That’s one of the reasons we created MP Transact for Collections. We refer to MP Transact for Collections as an Integrated Payment System because it represents the standard for automating your entire payment process—end to end. Once payment arrangements have been negotiated and agreed upon, MP Transact for Collections enables an agency to implement a program that ensures the debt will be liquidated with no excuses.
- Easily automates the process of dividing large balances into a series of installments.
- Accept one-time payments by phone through ACH or credit card.
- Develop customized, recurring payment schedules that are designed to be easy to use, regular, and error-free.
- Accept secure payments over the Internet.
- Costs less to acquire, less to operate, less to maintain.
CONFIGURABLE. COST-EFFECTIVE. COMPREHENSIVE.
MP Transact for Collections integrates a number of features into a fully operational payment processing system that enables collection managers and staffs to administer all forms of debtor remittals in a format that’s easy to use, flexible, and secure. Best of all, this technology gives you the ability to connect a merchant account and create additional options for collection. MP Transact for Collections gives an agency the ability to start small, using only the modules you need, then grow them to serve an expanding client base, without the need to change systems. Features include:
- Swipe Card Reader-compatible
- Virtual Terminal
- Online Payment Page
- Automated Payment Processor
- Integrated Batch Processing
- Seamless Reports
- Merchant Account Integration
A MODERN PAYMENTS PRODUCT
The MP Transact technology was developed by Modern Payments to help every size and type of business conduct transactions more efficiently and more profitably. Modern Payments represents the payment initiation and processing software component of the Zions Bancorporation treasury services technology family of companies. Our software plays an essential role in today’s dynamic e-commerce marketplace because it delivers a payment technology that enhances the ability to compete, speeds time to market, reduces financial risk, and improves profitability.
RECOMMENDED SYSTEM REQUIREMENTS
- IBM-compatible computer with at least a Pentium processor
- Internet connection with a 28 kbps baud or faster modem (Or cable, ISDN or DSL connection)
- Memory and disk space of at least 4 megabytes
- Microsoft Excel or Acrobat Reader to read reports
- Internet Explorer 6.5 or above
SCHEDULE A WEB DEMO
For an in-depth look at what MP Transact can do for you, please contact an authorized Modern Payments reseller and ask to schedule a web-based demo. To locate a reseller in your area, call 1-877-729-8325, or email us at info@modernpayments.com.
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