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| Integrated Solutions for Telecom Companies In 2004, the global telecommunications industry generated revenues of approximately $1.2 trillion in US currency. The industry grew by a healthful 6.6% between 2000 and 2004, fueled by the ever-expanding wireless industry. By 2009, the wireless industry will represent 44% of total revenues. Electronic Payment Providers® (EPP) offers secure web and telephone payment processing to the telecommunications industry through our integrated solutions. In addition, with accounts-receivable conversion solutions from EPP, old-fashioned check payments can move with the speed and simplicity of electronic payments. Electronic Payment Providers is the complete solution for many large telecommunications companies. Electronic Payment Providers' mission has always centered on simplifying the often-confusing world of electronic payments. As an industry leader, we take pride in helping clients to increase revenue and efficiency while reducing paperwork and manual entry. By working with the most advanced industry software packages to integrate the latest in payment technology, EPP creates a seamless experience for the end-user. Benefits EPP offers the following multiple benefits and opportunities to telecom companies:
With EPP's integrated approach to payment processing, information is updated within current collection software as soon as the payment clears. This automation eliminates the need for duplicate data entry or time-intensive software training. Telecommunications industries already have all the tools they need to succeed. Timely Payment Plans Companies that implement EPP payment solutions receive guaranteed funds on time every time without waiting for cleared checks or collections management. EPP payment solutions allow customers to enroll in the automatic payment option, which simplifies customer bill payment while enabling telecommunications companies to minimize late payments. Reduce Handling Costs and Losses Other costs related to billing and receivables are incurred by telecommunications companies, including remittance processing, lockbox fees, insufficient funds charges, billing and statement mailing costs, and collection agency fees. EPP's integrated payment solutions eliminate many of the hidden costs associated with billing. Recurring payments also minimize losses associated with NSF checks or late payments. Encouraging customers to enroll in the automatic payment option ensures that telecommunications companies will be paid on time every month. Customer Convenience EPP solutions provide customers with the convenience and security of automatic bill payment transactions. Customers no longer worry about tracking bill payment due dates, writing checks, and mailing statements. Automatic Re-Presentment Re-Present NSF and returned items as many as two times automatically. If your business experiences significant volume of returned consumer checks and is interested in collecting NSF checks in-house electronically, then EPP provides the optimal software solution. EPP Solutions Drive Cost Savings and Efficiencies The benefits of EPP Payment solutions are realized immediately upon implementation. With a high level of automation, EPP solutions pave the way for a paperless billing and accounts- receivable system while returning precious time to focus on your business. Click Here to view an online demo. |
