Merchant Solutions
Collection Agencies & TotalTransact
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 TotalTransact technology make an ideal partnership. TotalTransact is a leading integrated payment system for debt collection agencies that makes initiating, processing, and managing electronic payments fast, accurate, and assured. TotalTransact 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 minimum staff time and maximum effectiveness.
The “All-in-One” Collection Agency Payment System
Once a debt collection organization becomes involved in the collection process, the matter must be handled quickly, efficiently, and with respect and courtesy. TotalTransact represents the standard for automating your entire payment process, end to end. Once payment arrangements have been negotiated and agreed upon, TotalTransact enables an agency to implement an automated program that ensures the debt will be liquidated with no excuses.
- Easily automate the process of dividing large balances into a series of installments
- Accept one-time payments by phone through eCheck or credit card
- Develop customized, recurring payment schedules that are easy to manage, regular, and error-free
- Electronically deposit checks to your bank account without leaving the office, using remote deposit capture
- Accept secure payments over the Internet
- Save expense with a solution that costs less to acquire, operate, and maintain.
Configurable, Cost-Effective & Comprehensive
TotalTransact 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 is 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. TotalTransact gives you the ability to start small, using only the essential modules, then grow to serve your expanding payer base, without the need to change systems. Features include:
- Compatibility with swipe card reader
- Virtual terminal
- Remote deposit capture
- Online payment page
- Automated payment processor
- Integrated batch processing
- Seamless reports
Schedule a Web Demo
For an in-depth look at what TotalTransact can do for you, please contact an authorized reseller and ask to schedule a web-based demo. To locate a reseller in your area, call 1-877-729-8325, or click here.
