Comtech, producers of Collect!, credit and debt collection software, and PDCflow, payment and esignature software, have partnered to create an integrated and seamless payment processing and payment authorization service.
“PDCflow is excited to work with Comtech on this new opportunity,” said Matthew Snedden, COO of PDCflow. “Both our payment services and our esignature solution were designed for the debt collection and accounts receivable industries. We have been serving these industries for over 14 years now.”
This partnership will grant Collect! users the option to collect payments via credit card or ACH for both one-time and recurring payments from within the Collect! software.
It also will allow consumers to electronically sign for and consent to recurring payment schedules within seconds. The signed proof of authorization is then stored, along with an audit report, proving identity and authorization with a dual authentication procedure and geolocation.
Collect!’s integration with PDCflow allows its clients to eliminate the struggle of obtaining proper proof of authorization for all payment types. Concurrently, it fulfills the client’s needs to remain compliant with Regulation E, Electronic Funds Transfer Act, NACHA Regulations, and Visa/MC PCI Compliance.
“Comtech is very pleased to be working with PDCflow to increase the seamless integrations available with Collect!,” said Fritz Schulze, CEO of Comtech. “We encourage Collect! users to automate as many routine functions as possible to make the best use of their staff time.”
Comtech’s wide variety of clients and PDCflow’s technology solutions for simple payment processing and signature compliance will provide thousands of users with an enhanced and more efficient workflow.
This will save them time, money and effort by speeding up the process of obtaining compliant payment authorizations from consumers. Oversight by the CFPB and regulatory committees has increased the regulations credit and debt collectors must adhere to. Automating these requirements and reducing the time and effort of staff gives these businesses a competitive edge.
For more information or to get started with Comtech and PDCflow's integration, please visit the Comtech partner page.
About Comtech Collect!
Comtech’s Collect! software is currently installed in 40 countries by over 1,400 companies. The list of businesses they serve includes collection agencies, debt buyers, medical and dental billing offices, legal collections, credit unions and banks, credit grantors, municipal fine collection offices, car dealerships, rental application verification offices, and a host of finance, credit and billing organizations. For more please visit: https://www.collect.org/
PDCflow's payment communication software is designed to create faster customer payment cycles. Send your payment portal to customers through the digital communication channels they prefer – email, SMS, and web chat. Bundle contracts or invoices with payment requests into one digital workflow. Customers can review, sign, and complete payments in a couple of clicks.
Flexible and customizable APIs and drop-in components allow for easy integration. Accept payments through multi-channels while keeping internal systems out of PCI scope.
Established in 2003, PDCflow national client base includes debt collection, medical billing, manufacturers, and accounts receivable teams in a variety of industries. Headquartered in Ogden, Utah with a remote team, PDCflow remains committed to keeping development and customer support in-house. Find out more: https://www.pdcflow.com/.