BillingTree partners with SwervePay to expand payment technology into vertical markets

PHOENIX, Oct. 17, 2017 /PRNewswire/ -- BillingTree® the leading payment technology provider, today announced a new partnership with leading mobile payment company SwervePay LLC. The partnership allows customers in emerging service verticals to drive revenue and increase customer engagement with enhanced mobile and online payment channels.

The agreement will bring together established BillingTree solutions such as IVR and portal with mobile-enabled payment technology from SwervePay. Customers will be able to use payment data to unlock new revenue, reduce bad debt write off and improve customer engagement through the use of appropriate automatic text message notifications. The resulting suite of technologies will be underpinned by robust payment facilitation services and available for customers in a variety of service-focused verticals including healthcare, property management, credit unions and auto finance.

BillingTree and SwervePay will be demonstrating the technologies and discussing the partnership at the 2017 AAHAM ANI in Nashville October 18-20.

"An increasing number of organizations are realizing the payment options they offer are not in line with customer preferences, often finding themselves wasting valuable employee time by using traditional methods to chase payments," said Jaeme Adams, CEO at SwervePay. "This partnership will extend the scope of the payment options, helping increase payment convenience through the use of innovative technology to benefit both providers and their customers."

"This partnership is the perfect addition to our product portfolio. Adding the latest technology to the BillingTree solution suite allows the company to ensure its customers are able to meet the changing payment demands of today and tomorrow," said Greg Mallin, Director, Business Development at BillingTree. "The new payment options will enable us to expand our service offerings to key vertical markets which have been identified as a focus for BillingTree."

About SwervePay
SwervePay is leading the consumer-centric revolution by reducing the complexity of interacting with today's consumer-facing technologies eliminating the need for mobile apps to facilitate a payment. Organizations can engage consumers with Text to Pay opportunities that offers one click payments. The cloud-based system presents the right data at the right time, greatly improving consumer payment resolution. SwervePay eliminates statement cost, improves staff efficiency and collects consumer balances faster. SwervePay draws on a proven track record of success to significantly increase cash flow to various industries utilizing their suite of payment products. Learn more about SwervePay at www.swervepay.com

About BillingTree
BillingTree® is the leading provider of integrated payments solutions to the healthcare, ARM, property management 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.

SOURCE BillingTree

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