Payscout, one of the fastest growing privately held global payments processing providers in the U.S., today announced the launch of Condor, a new payment portal that facilitates frictionless payment processing transactions between a business and its debtors through a front end portal, increasing efficiency without impacting live agents.
“Condor was created to bring order and efficiency to the incredibly cumbersome collections process,” said Payscout CEO Cleveland Brown. “Accounts receivable management can be a costly and time-consuming practice, involving mailing and calling debtors. We saw a need in the market for an evolved, frictionless payment solution and with Condor, our customers are now freed up to focus on debtors that require more interaction.”
The Condor payment portal uses Payscout’s industry leading payment processing platform, while satisfying current consumer preferences for self-serve bill payment options that can be accessed anytime, anywhere. Condor enables verified login so that debtors can view their current account information and set up payment arrangements in real-time, while the company remains compliant with all relevant privacy regulations.
The portal is available as a mobile-enabled web site, IVR, or a combination of the two, with customizable parameters to meet current business operating needs and client requirements. And, because of the flat fee pricing model, with no additional transaction charges, it is the most cost effective option for the vast majority of collection agencies.
Payscout’s deep expertise and understanding of debt collection regulation and compliance gives Condor an edge over competitor portal systems. Payscout’s new user-friendly portal provides easy access for customers to monitor and convert their business transactions.