Integrated telecom-industry specific payment processing solution increases merchant convenience, solves PCI security challenges, eliminates the middleman payment gateway and optimizes cost savings IP Pay, the industry leader for integrated telecom payment solutions, today announced a partnership with Powercode, the developer of the Powercode ISP Management system. Through this partnership, IP Pay tokenized payment technology will be directly integrated into Powercode, eliminating the third-party gateway, solving PCI security compliance issues and giving Powercode users the ability to participate in industry-specific emerging market programs that have traditionally been limited to large players like AT&T and Comcast. "The Payment Card Associations, recognizing the unique nature of the recurring service provider business model, have created programs that reward service providers with lower Interchange rates," says Brian Young, Chief Technology Officer of Convergence Technologies Inc. "Unfortunately, only the largest players who are aware of these programs can afford the overhead of direct processor connections required for participation. Most service providers utilize 3rd party gateways, get drowned out in a larger pool of e-commerce merchants and pay higher rates than they should. By cutting out the middleman gateway, we aggregate and provide Powercode users direct processor integration that ensures seamless and safe card-based transactions." Josh Luthman, Vice President of Imagine Networks states "For many years we have been operating with Powercode and IP Pay. The combination of the two is an unparalleled billing system of uniformity, competitive pricing and efficiency. We anxiously await new features coming with the partnership of two fantastic products!" |
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