PHOENIX, July 18, 2018 /PRNewswire/ — BillingTree®, the leading payment technology provider, today announced plans to feature their innovative auto-account updater at the upcoming ACA International Convention & Expo in Nashville. Payrazr Account Updater™ supplies refreshed cardholder data to create a smoother billing cycle for both the agency and their consumers. The solution eliminates the costly process of chasing updated card account details, removing the need for collectors to manually revise payment data while reducing chargeback risk and minimizing rejected payments.
Powered by a partnership and integration with the leading card brands, Payrazr Account Updater maintains the most current card information to help prevent card declines and ensure timely payments from consumers. The service is the latest product to be added to the established BillingTree Payrazr® suite of payment solutions for the ARM industry, designed to help collection agencies deliver uninterrupted payment service to clients.
BillingTree will be showcasing the new solution during the ACA International Convention & Expo, July 23-25 at the Nashville Music City Center. They are also a Gold Sponsor, sponsoring the George Jones Rooftop Experience – ACA International’s Political Administration Fund event during the show.
“The transition to online and mobile payments shows no sign of slowing down as consumers seek to simplify their day-to-day life by eliminating paper checks and setting up recurring payments,” said Chad Probst, Chief Revenue Officer at BillingTree. “Providing a solution that minimizes rejected transactions enables agencies to reduce unnecessary customer interaction, ultimately increasing customer satisfaction while removing the timely and costly task of continually seeking current card information and manually updating payment data.”
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