Payment News

Paymetric, Inc, a company that provides enterprise level payment solutions to companies enabling them to streamline their process, announced today that it has established a partnership with United Tranz*Actions. The deal would allow for United Tranz*Actions to offer their customers Paymetric payment platform to offer better electronic check processing and ACH transaction process which will help the company better manage bad debt exposure by offering a better customer experience and by improving cash flow.

Both companies will integrate to combine their product offering under the existing platform and this will not present any disruption to the current work flow processes that are in place.

Ken Silver, who is the vice president of Paymetric’s ePayments, says he is excited about the new partnership with United Tranz as they offer a great solution that solves their customers’ problems by meeting their demands of having more payment options.

Paymetric will also be able to utilize United Tranz’s Remote Deposit Capture services with guarantee for merchants to be able to deposit checks electronically without having to go to the bank as well as United Tranz’s unique ACH Processing program with guarantee

Dean Middleton, president of United Tranz said that it’s great that Paymetric can now offer their customers check guarantee payment options and because of the partnership United Tranz gives them more visibility in the ERP market as they now has access to Paymetric’s clients.

Chief Executive Officer of Paymetric, Larry Wine, believes that the new relationship with United Tranz shows that the company is dedicated to providing its customers all of the payment options that are available today and will continue to build partnerships with industry leaders to provide the best payment platform to their customers.

Source: company press release via Business Wire