PHOENIX, Nov. 14, 2018 -- BillingTree, the payment problem solvers, today announced the expanded integration of text based billing and payments within the CareView and Payrazr Platforms, rebranding the offering 'BillingTree SMS.' The mobile billing solution now available as part of the BillingTree CareView and Payrazr platforms can also be adopted as a stand-alone service. It enables accounts receivables management agencies, healthcare providers, financial institutions and other billers to communicate directly with consumers via their smartphones and facilitates fast, frictionless payments on the same channel.
BillingTree SMS builds on a previous offering expanding this ultra-low effort channel for consumers to get billed and make payments. Once a consumer account is established, text messages can be sent directly to their mobile device and payment can be authorized easily via two-factor authentication. No card present is required, and no app needs to be installed on the mobile device – upon receiving a text request the customer simply follows the prompts for a payment to be executed. The user immediately receives confirmation with the transaction details. In addition to increasing payment volumes and reducing Days Sales Outstanding (DSOs), billers also realize direct cost savings. The paperless solution reduces money spent on manual mail paper & postage plus time taken to manage.
A 6-month free trial of the BillingTree SMS service is available for current and new clients using BillingTree for merchant services. Terms and Conditions apply, offer expires December 31, 2018. To learn more visit: https://start.mybillingtree.com/acton/media/15831/billingtree-sms---free-trial-offer
"Text based billing and payments have been around for quite some time, with consumer adoption just recently exploding. When it comes to collecting on outstanding balances, consumer convenience is key. Our experience finds 80% of consumers receiving a text-pay notification settle their bill, and 65% pay on the first message," said Russ Palay, Director of Product at BillingTree. "With seamless integrations now native within CareView and Payrazr, the new BillingTree SMS is the most convenient channel for both the billers and consumers."
A complimentary webinar and demonstration of BillingTree SMS is scheduled for December 6 at 1:00 pm ET. The session will include a discussion on SMS best practices, compliance and use cases. To register visit: https://attendee.gotowebinar.com/register/5480681028789404417
BillingTree is the leading provider of integrated payments solutions to the Healthcare, ARM, Property Management, B2B, and Financial Services industry verticals. Through its technology-enabled suite of products and services, BillingTree enables organizations to increase efficiency and decrease the costs of payment processing while adhering to compliance regulations. Leveraging more than a decade of market experience, BillingTree is dedicated to growing payments with technology through an integrated omni-channel offering, suite of proprietary products and value-added services, and a company-wide focus on delivering extraordinary customer service.