By merging their respective technologies, PitneyPay and docSense are meeting increased market demand for end-to-end billing and payments solutions and working together to develop innovative eCommerce tools.
The e-billing component of this partnership, Pitney Bowes docSense, serves the needs of large companies transitioning their current paper-based billing and statement processes to web-enabled delivery. The core bill presentment solution, Digital Document Delivery (D3), provides B-to-B and B-to-C payers with necessary tools to maintain workflow and access control, and allow for more efficient review and approval. D3 is offered to major billing organizations under a software license or as a hosted service.
Through the payment component, PitneyPay, users can respond to Electronic Bill Payment and Presentment (EBPP) or Electronic Invoice Payment and Presentment (EIPP) by sending or receiving payments as an ACH Debited payment, escrow, or any combination of payment/escrow, to securelyexecute payments online. PitneyPay is capable of dispensing simultaneous payments to multiple vendors associated with the transaction through its web-based integrated payment routing system.
Over the past year, we have been developing our transaction capabilities and now have one of the most secure and versatile online payment engines available, said Michael Ryan, Vice President PitneyPay. By teaming up with docSense, we will expand the breadth of our offering to provide our customers with a more complete solution for their eBusiness transactions.
Working together, docSense and PitneyPay will support both divisions’ customers to improve the levels of service provided. Both D3 and PitneyPay are XML-compatible and fully compliant with integration standards of most Internet players. Furthermore, D3 can support multiple languages, making it possible to conduct International commerce. The two support a broad spectrum of online transactions by businesses, consumers and governments will be able to attract new customers in multiple markets.
SOURCE: COMPANY PRESS RELEASE
