If your business or contact center accepts payments over the phone manually, it’s time to consider moving to automated IVR payments. But if you’re like many, you probably assume the process will be complicated and possibly expensive. But in reality, it’s tougher to maintain PCI DSS compliance while manually accepting payments. And with pay-as-you-go pricing, […]
Blog Posts About Compass Pay
Understanding The Impact Of IVR Payments By Phone
Companies who integrate IVR payments by phone into their bill-pay options will often see a 10 to 15 percent increase in revenue collected. That may seem like a rather bold statement. After all, you’re probably not the type of consumer who would pay a bill over the phone. Yet, there are still many reasons people […]
Automated Payments By Phone: How It Works
Automated payments by phone is a core capability of the Compass Automation Platform and one of its most popular use-cases. To help you understand how we help you deliver frictionless payments by phone to your customers, we’ve put together a step-by-step explanation in this blog post.
Chatbot Demo Video: Payments By Text
Allowing your customers to pay their bills through a quick and easy text message is the ultimate convenience and customer experience. With saved payment information and integration between your gateway and our Compass Automation Platform, making a payment by text takes less than a minute. Watch our demo video to see just how easy it […]
Make it Easy For Your Customers to Opt-In to Text Payments
Text-to-Pay is becoming a prevalent topic of conversation among current and future clients. And it’s for a good reason. Paying by text message is the easiest way to pay your bills. In the age of COVID-19, it’s the most touch-free payment method available. Best of all, from a customer experience standpoint, nothing could be more simple.
Using Communication Automation To Improve Collections
Profitable revenue is essential for every business. As “work from home” becomes the new normal, keeping that revenue coming in is as vital as ever. Many companies leverage automated IVR systems for collections for many critical reasons. Let’s review the top four. Notifications and Reminders While most people think of traditional IVR systems for intelligent […]
We’re Excited To Announce Our Partnership With Payroc
Payroc, a global payment processing company, has selected IVR Technology Group to offer their merchants using RewardPay Choice with secure 24/7/365 automated payments by phone. Payroc’s RewardPay Choice is their premium processing program, processing $33 Billion in annual payments in 46 countries. Payroc, one of the industry’s fastest-growing payment processing companies, needed to expand its […]
How Contact Centers with Remote Agents Handle Payments
With more contact center agents working remotely, how contact centers handle payment processing has changed. Before COVID, when many contact centers were still brick and mortar facilities, controlling the environment to allow agents to take payment information over the phone was still acceptable. Not any longer. What changed? Several things have changed in this “new […]
We’re Excited To Announce Our Partnership With Bluefin
Bluefin, the Leader in Payment Security, has selected IVR Technology Group to furnish their merchants using their PayConex gateway with secure automated payments by phone and text. PayConex provides secure debit/credit card and ACH payment processing in the United States and Canada. As Bluefin expands its service offerings to its merchants, additional contactless payment options […]
Video: Automating Payments By Phone For Contact Centers
In our chats with current and future clients, we’ve come to learn many of their pain points. With contact centers and large customer service departments, a significant issue is often the inefficiencies in accepting callers’ payments. Some companies are employing clean desks…
How Contact Centers Handle Customer Payments
Consumers are more aware than ever before of the security risks associated with giving their credit card, debit card, or ACH information to others. And yet, over a million contact center agents are tasked with handling payments for these customers. Below are a few ways we see contact centers take customer payments securely and efficiently. […]
Calculating The ROI of an IVR Payment Solution
Your business is taking off; you’re adding personnel and looking at how to streamline processes to boost your efficiencies- congratulations! You now have dedicated staff to take customer calls, and in many cases, those calls are regarding a payment. You’ve heard of IVR systems and know that they can route calls to your business’s appropriate […]
Making Your Payments in a Post-COVID World
There is no doubt that COVID has rocked our world in 2020, altering our perceptions and norms for years. At home, at school, and work, we’ve seen massive disruption in our day to day activities and interactions. Our perception has entirely changed about what is safe and reasonable. While watching a movie recently with my […]
How IVR Systems Help With Contactless Payments
Contactless payments are not just a trend with COVID-19. They are the future, and having a contactless payment strategy is the new norm. Whether your business is serving customers face-to-face or remote, you need a contactless strategy. COVID-19 And IVR Payments COVID-19 has made IVR payments more popular than ever for many of the following […]
Selecting an IVR System for Payment Processing
An Interactive Voice Response (IVR) system is an essential customer experience tool for companies that manage a large volume of calls. It helps to manage incoming calls automatically, routing callers to the right destination, or answer simple questions. Modern IVR systems can connect into your custom data for deeper interactions such as service or order […]
The Rise, Fall and Potential Death of Paper Checks
As we look at the tsunami of change spurred by the coronavirus, one of those archaic items that seem to hang around despite a range of options is the paper check. While the adoption of electronic payments and IVR payments by phone is more and more widespread, many studies indicate that as many as 20% […]