First Party Biller

Ground-Breaking Innovation

Are you in the business of offering first-party biller services as an EBO or BPO to your collection clients? In the intricate world of collections and payment processing, innovation is the key to success. Payscout is at the forefront of this evolution with its groundbreaking First Party Biller Program.

Understanding the First Party Biller Program

Payscout’s First Party Biller Program is a comprehensive solution designed to empower businesses to manage their billing processes efficiently and effectively. At its core, the program enables businesses to take control of their receivables, offering greater flexibility and customization than traditional third-party billing solutions. 

Key Features and Benefits

Enhanced Service Offering: By including payment acceptance in your package pricing, you can streamline the payment process for your clients while reducing the impact on their staff and systems. This integration also minimizes potential vulnerabilities during data transfer.

Maintain Control: With Payscout’s program, you can retain control of the entire process, vendor relationships, and systems. Utilize your existing integration to Payscout in most cases, eliminating the need for agents to learn your clients’ systems. As the Merchant of Record, you manage the process and no longer need to wait on Direct Payment reports to do your posting.

Direct Deposits: Your clients consider first-party accounts as current receivables and expect immediate deposits to maintain cash flow. Our program allows you to deposit funds directly into their bank accounts without violating banking rules designed to prevent money laundering schemes.

Simplified Underwriting: Since you hold the Merchant Account, there’s no need for full underwriting of your clients. We only require basic ownership information and a simple form from your client to facilitate direct deposits.

Cost-Effective Solution: Say goodbye to expensive set-up or monthly charges. While some low monthly fees apply for each additional client added to the program, merchant fees are based on your current volume. Moreover, adding enough transaction volume through your clients could qualify you for a lower rate category for all your payments.

Trusted Solutions for Major Enterprises

Explore the convenience of Payscout’s First-Party Biller program – a tailored solution that empowers businesses in accounts receivable management, healthcare, and other verticals. 

Take charge of customer relationships directly through seamless onboarding tailored to suit your business needs and preferences with Payscout’s customizable First-Party Biller solution. To learn more about the program, click the link to visit our website or contact us at sales@payscout.com.