|
Smart Payment Solutions Partners with SofterWare and Delivers Strategic Payment Services
Thursday, November 20, 2008
- Announces the Integration of Electronic ACH Payment Processing - Creates Savings and Convenience -
ARLINGTON, Va., Nov. 20 /PRNewswire-USNewswire/ -- Smart Payment Solutions (SPS), a full-service payment solutions company that specializes in ACH and credit card processing, today announced a new partnership with SofterWare Inc., a leading provider of administrative software to manage child care centers, non-profit fundraising, camps & conference centers, as well as public and private schools. The partnership was designed to provide cost-effective and efficient electronic payment tools for e-check payments made online and via automated pre-authorized debits.
The partnership combines cutting-edge administrative software technology from SofterWare with Smart Payment Solution's proven virtual payments platform. Smart Payment Solutions provides its services to businesses of all sizes and is well suited for child care centers and other non-profits looking to accelerate payment collection and increase cost savings.
"Processing our ACH payments via SofterWare's integration with Smart Payment Solutions is just fantastic," said Scott Seip, Senior Account Manager at Day Nursery Association. "It is much easier than our previous payment solution from our bank, and the integration with our accounting ledgers is a huge time-saver, since the transaction amounts are always based on the parent's current balance and their electronic payment is automatically recorded on their account."
The SofterWare/SPS payment solution uses a PCI-certified Web-based gateway to transmit all ACH (Automatic Clearing House) transactions. The virtual terminal eliminates the need to install and manage software and eliminates paper-based invoicing. Aberdeen Research estimates that fully automated companies can save $10.87 per-payment - approximately $1.1 million in savings for businesses processing 100,000 B2B payments per year.
"We chose Smart Payment Solutions to provide Electronic Funds Transfer (EFT) processing for our clients because of their proven expertise in efficient ACH payment processing and the fact that they share our strong commitment to customer service," explains Doug Schoenberg, CEO, SofterWare Inc. "The SPS partnership reflects our ongoing commitment to reduce time spent on administrative tasks and streamline payment processing for our customers."
"We are delighted to be working with SofterWare. Their software products for recurring payments and online payments have revolutionized how daycare centers and camps collect their fees and how non-profits collect pledges and donations," said Matt Whitaker, President at Smart Payment Solutions.
About Smart Payment Solutions
Smart Payment Solutions is a full service payment solutions company that helps corporations and non-profit organizations increase cash flow and control costs by electronically processing payments efficiently and securely. Headquartered in Arlington, Virginia, with an office in Indiana, Smart Payment Solutions was founded in 2002 and is a subsidiary of Solveras Payment Systems. By employing a highly consultative approach, the company is able to create customized solutions that meet clients' unique needs. Services include ACH payment processing, credit card processing, check recovery services, remote deposit capture, and virtual terminals. For more information visit www.smartpaymentsolutions.com or call 800-320-7258.
About SofterWare
SofterWare Inc., based in Horsham, Pennsylvania, provides software for Nonprofit Fundraising (DonorPerfect); Childcare Center Management (EZ-CARE2); Camp and Conference Center Management (EZ-CAMP2); and Public and Private Schools (MMS). The company's client base includes thousands of organizations throughout North America and the world. SofterWare's mission is to develop, market, maintain and support software that is easy to learn, easy to use, and adaptable to users' unique needs. For more information on SofterWare and its products, please visit www.softerware.com.
SOURCE Smart Payment Solutions
|
|
|
|
 |
After the Fighting in Gaza | Jan 8, 2009
|
|
Bling Nation Adds Daniel Rogers as Chief Financial Officer | Jan 7, 2009
|
|
Bankcard Empire Adds Affiliate Site to Aid in Latest Trends Resulting from Retail's Black Monday | Jan 7, 2009
|
|
Suburban men arrested on fraud charges | Jan 7, 2009
|
|
Prevent Identity Theft for Free (!) with Identity Finder | Jan 7, 2009
|
|
Hustler's Larry Flynt and Girls Gone Wild CEO Joe Francis Ask for Government Bailout of the Adult Entertainment Industry | Jan 7, 2009
|
|
Medifast Named Baltimore SmartCEO Future 50 Company for Second Time | Jan 7, 2009
|
|
Chicago Tribune Has the 411 on Local News | Jan 7, 2009
|
|
Nashville Schools Adopt Glencoe's Social Studies Programs for Grades 6-12 | Jan 7, 2009
|
|
Affinion Security Center's Card Patrol Identity Theft Protection Service Chosen by More than 200 Financial Institutions | Jan 7, 2009
|
|
|
