PLANO, Texas, March 14, 2016 /PRNewswire/ -- Payment Savvy, an innovative payment processing company, has just launched a new "convenience fee solution" that includes free payment processing. As Chad Deatherage noted, the new convenience fee payment processing will allow their clients to accept credit and debit cards as well as electronic checks at no cost.
As Deatherage noted, this new service will be especially useful for billing companies and account receivables businesses. Even though the "convenience fee solution" was just recently launched, several business owners from these industries have already contacted Payment Savvy to inquire about the new effective service.
Another advantage of the new payment processing service is that clients will no longer receive payment processing statements each month. As an added bonus, both debtors and customers can submit their payments with a quick tap of a button.
For example, if a customer pays $200 with a debit card, the full amount will be deposited into the company's bank account after being collected. Payment Savvy will then collect a minimal convenience fee.
"You collect 100 percent of the money leading to your profit levels increasing," Deatherage said.
The benefits of the free payment processing are many, noted Deatherage. For example, in addition to no processing fees, companies are able to accept payments 24 hours a day, seven days a week via phone, web, mobile or text.
About Payment Savvy:
Payment Savvy is a fully integrated payment processing company that specializes in offering free payment services by their "Convenience Fee Model" within collections agency, healthcare, utility, law firms, and telecom space, etc. In today's economy it is critical for merchants to offer convenient payment solutions in order to stay competitive in the market. Customers not only prefer to pay with their credit cards, studies show consumers pay higher balances when credit and debit card processing is an option. Payment Savvy offers incredible tools to accept ACH, Debit and Credit Cards. With their convenience fee technology and software integrations in place with many different industries, they are confident clients will not only be satisfied with their services but pay absolutely nothing. For more information, please visit http://mypaymentsavvy.com/
SOURCE Payment Savvy