Payment Savvy, a US-based payment processor, has introduced a new ‘convenience fee solution’ that includes free payment processing.
The company said that its newly launched solution will allow its clients to accept credit and debit cards and electronic checks at no cost.
Payment Savvy vice president of sales Chad Deatherage said that the service will be especially useful for billing companies and account receivables businesses.
The company added that clients will no longer receive payment processing statements each month, and both debtors and customers can submit their payments with a quick tap of a button.
Payment Savvy offers free payment services by their ‘Convenience Fee Model’ within collections agency, healthcare, utility, law firms, and telecom space, etc.