Today BillingTree unveils that major Community Association software provider, TOPS Software LLC, has partnered to offer integrated Merchant Services and Payrazr Marketplace solutions interfaced via API to its software applications. The new partnership extends a flexible range of card not present (CNP) payment options to TOPS clients and their members, helping streamline and maximize the return of community payments and dues.
The Payrazr solution suite offers Condos and Homeowners Associations (HOAs) utilizing TOPS Software multiple payment channels (above traditional mailed check acceptance) including online portals and Interactive Voice Response (IVR); with the ability to accept payment by card and e-check/ ACH. These 24/7 self-serve solutions supply residents with more convenient means to securely settle their maintenance and service balances, or set up recurring payments to help avoid late payments. Both offerings include validation of account data and balances along with payment acceptance - freeing staff to focus on other service issues. The integration is estimated to be fully tested and ready for live TOPS clients to begin using in Q3 2017.
"TOPS Software is pleased to be able to present Billing Tree's payment solutions as an option for our community association management clients," said David Black, Director of Partner Relations for TOPS Software. "Collections is a challenge our clients regularly struggle with, and secure, compliant merchant services is an integral part of solving that challenge."
"We are delighted to partner with community association management industry leader TOPS, extending the reach of the Payrazr Marketplace and BillingTree Merchant Services," said Greg Mallin, Business Development Consultant, at BillingTree. "The flexibility and range of options BillingTree and Payrazr Marketplace solutions provide creates more ways for HOA members to resolve community balances; allowing TOPS customers to better manage their payment operations so their customers are happier and their HOAs can drive further revenue."