IVR Technology Group and Fundtech have formed a partnership that expands the functionality of IVR Technology Group’s Pay-by-Phone virtual terminal, the companies announced July 9.
As a result, end-users may turn any pushbutton telephone into a virtual payment card terminal by using Fundtech’s TotalTransact payment card gateway, according to a press release.
One of the first users of the combined service is Newton (Kan.) Medical Center. “We are always looking for ways to improve the experience people have with our hospital,” Melanie Hanna, Newton Medical patient services director, said in the release. “Our patients now have a fast and convenient way to pay their medical bills by using the ITG-Fundtech” service.
The IVR Pay-by-Phone gateway combines automated clearinghouse capability with credit card processing. A significant benefit to businesses using the Pay-by-Phone virtual terminal is the ability to certify, in accordance with the Payment Card Industry Data Security Standard, that the system does not store, process or transmit payment card data over the voice-over-IP network, the companies said in the release.
By working with Total Transact, users of the IVR Pay-by-Phone virtual terminal may pay bills via credit or debit card or eCheck and have the transaction processed and completed immediately, according to the release.