US$
Trillion
consumer debt as of q3 2019
%
Consumers
want to manage bills via mobile devices
%
Debtors
intend to pay past due obligations
DELIVERING VALUE
WHAT ARE THE MAIN BENEFITS OF AN AUTOMATED BILL NEGOTIATION SERVICE?
- High Convenience: Providing self-service payment options allows for the convenient and quick covering of unpaid monthly bills with a debit card, bank account transfer, or other methods.
- Automatic Subscription Cancellation: Our online bill negotiation service can allow for automatic subscription cancellation, preventing more debts from generating through recurring billing payments.
- Saving Time: Debtors can quickly pay their medical bills or other dues, your customers save time on getting their money, and your collection agency can provide an efficient bill negotiation service - it is a win-win-win situation!
- Avoiding Debtor’s Embarrassment: Debtors are intimated to answer collection calls and have their bills negotiated. People are often ashamed of their unpaid monthly bills and feel embarrassed to discuss them even with a provider of the best bill negotiation service asking just a few questions.
- Limited Human Contact: An average customer feels more comfortable negotiating bills online without having to talk to someone in person or even on their cell phone. They are more likely to interact with your agency this way, read the payment reminders, cover their unpaid monthly bills, and cancel unused subscriptions to save money in the future. Also, with limited human contact required, you will not have to hire additional employees.
- Lowering the Probability of Errors: Automated bill negotiation services always follow the same set of criteria and rules, providing consistency in outcomes and reducing the probability of errors.
- Improved Security: With an automated bill negotiation service, you can provide higher levels of security for sensitive information, reducing the risk of data breaches that can be dangerous for both the collection agency and its clients.
- Reducing Repetitive Tasks: Bill negotiation services require a lot more work than just trying to reach the delinquents to talk about their debts and payment terms. Such a repetitive and monotonous activity can be handed over to an automated bill negotiation service so that your agents can focus on other important tasks requiring human attention.
- Scalability: Automated bill negotiation services can easily scale to handle increases in volume without the need for significant additional resources, making it easier for collection agencies to grow their business.

Introducing an innovative web payment processing solution that delivers a positive experience for both your agency and the consumers! With Payment Savvy's cost-effective automated online bill negotiation services, you can give your debtors a complete and compliant self-service payment tool!