PHOENIX, April 10, 2012 /PRNewswire/ -- BillingTree®, one of the nation's leading on-demand payment processors, today announced the integration of their payment services with Debt Resolve, Inc.'s DR Collect™. DR Collect enables creditor clients to settle and collect delinquent consumer debts via the Internet in a non-confrontational and resolution-flexible method. It is preferred by many consumers because the process avoids embarrassment or fear of having to speak with anyone. It is a "must have" solution for service industry markets, such as medical, where collection/settlement objectives can be met without sacrificing the client/consumer relationship.
BillingTree now supports DR Collect with a full web service integration supplying access to payment gateways including ACH, Debit and Credit. DR Collect bundles DR Settle™ and certain elements of DR Prevent™ along with significant automation to eliminate most of the integration process for customers. DR Collect clients are typically up and running in only 7-30 days depending on the degree of customization. BillingTree is now available as an option for all payment processing related features within DR Collect.
"BillingTree is pleased to partner with Debt Resolve, a leading, best of breed technology solution," said Randy Phelps, BillingTree's chief operating officer. "By integrating our payment processing capabilities with their powerful cloud based virtual agent, joint customers from multiple verticals including healthcare, utility and ARM will experience a seamless, cost effective solution to the challenge of collecting outstanding debts."
"Our system has proven to be one of the most functional and advanced accounts receivable management tools for servicing accounts via a web channel," stated Michael Cassella, Debt Resolve's chief operating officer. "Integrating BillingTree's leading payment processing engine and ongoing innovation enhances the overall quality of our DR Collect solution, and further increases the likelihood of our customers recovering their unresolved balances."
BillingTree supplies the leading fully integrated, multi-channel electronic payment platform to a growing list of Industries, including Insurance, Utilities, such as power, cable, municipal, and phone, as well as Healthcare and Subscription-billed services. Benefits of electronic payment solutions include an accelerated availability of consumer funds, reduced costs associated with manual-payment processing, improved cash management, and integrated processing by managing all payments, returns, and corrections through a single portal.
About Debt Resolve, Inc. Debt Resolve provides lenders, debt buyers, collection agencies, collection law firms and hospitals with a patent-protected online bidding system for the resolution and settlement of consumer debt as well as a collections and skip tracing solution that is effective at every stage of collection and recovery. The company also provides web-based payment platforms for the financial and healthcare industries. The company is publicly held and trades on the OTC Bulletin Board under the symbol DRSV. Debt Resolve is headquartered in Tarrytown, New York. For more information, visit http://www.debtresolve.com.
About BillingTree The proven leader in on-demand payment processing, BillingTree empowers customers with competitive advantage through a simplification of the billing and receivables process. By delivering the most innovative technology while making it as easy and inexpensive as possible to accept payments, BillingTree has revolutionized the payments landscape. Our software-as-a-service (SaaS) model delivers industry-leading payment solutions, proven integration, and point-and-click simplicity. BillingTree's focus on innovation has allowed us to help more than 2,000 customers eliminate manual processes and automate their payment cycles. BillingTree – Growth is our Business. For more information, visit www.mybillingtree.com or call 877.4.BILLTREE.
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