Payscout, a leading payment processing provider and certified Minority Business Enterprise (MBE), has announced it is now an approved vendor within Latitude Software, a leading accounts receivable management (ARM) platform. This integration provides Latitude users with direct access to Payscout's secure and compliant payment technology within their existing environment. The collaboration is designed to help collection and recovery agencies streamline operations, enhance customer experiences, and increase recovery rates through a seamless, integrated payment solution.
Payscout becomes an approved payment vendor within Latitude Software.
The integration offers direct access to Payscout's Paywire gateway.
It enables compliant Convenience Fee Programs and transaction routing.
Agencies can accept and manage payments within the Latitude interface.
The goal is to streamline operations and improve recovery rates.
It simplifies reconciliation and ensures regulatory compliance.
The direct integration with Payscout’s proprietary Paywire gateway allows Latitude Software users to leverage advanced features tailored for the collections industry. This includes a fully compliant Convenience Fee Program and intelligent transaction routing based on service level. These capabilities are specifically designed to meet the latest card brand regulatory requirements, helping agencies maintain full compliance while optimizing their payment operations.
By embedding Payscout's payment processing directly into Latitude's robust account management system, agencies gain significant operational advantages. They can accept and manage payments securely without switching between platforms, which simplifies reconciliation, reduces manual workflows, and improves agent efficiency. This streamlined process also enhances the customer payment experience, contributing to higher satisfaction and recovery rates.
Latitude Software provides a comprehensive platform for managing the entire credit and recovery lifecycle. The addition of Payscout as an approved vendor strengthens this offering by combining sophisticated account management tools with advanced payment technology. This powerful combination gives agencies full visibility and control over the receivables process, from delinquency through to payment collection.
This partnership represents a strategic enhancement for the accounts receivable management industry. By integrating Payscout's specialized payment technology directly into a leading ARM platform, agencies are equipped with a more efficient, compliant, and user-friendly toolset to drive better financial results and navigate the complexities of modern debt recovery.
About Payscout
Payscout is a payment technology company with acquiring solutions for businesses across the United States. Payscout’s Paywire platform provides integrated payment processing solutions for vertical-specific industries such as Accounts Receivable Management, Healthcare, Education, and Enterprise merchants with a global presence and complex requirements. Payscout has earned acclaim as a new-generation provider of merchant banking services, specializing in online/ecommerce solutions with a predominant proportion of card-not- present (CNP) transactions.
About TEC
TEC Services Group is the leading technology and professional services firm in the credit collections industry for over 28+ years. We are a technology focused company that provides both leading industry solutions along with unrivaled, unbiased, and experienced support.
Our solutions provide companies the tools and services to increase collection rates, reduce overhead and improve compliance. Our unique solutions to managed services, data vendor automation and services for conversions, implementations, consulting, etc. have set us apart from others in the industry.
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