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About Bizpay
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BizPay has earned its position as a leading provider of payment processing services
through our keen awareness of our client's needs and requirements and then delivering
solutions that meet those needs consistently and efficiently.
Here you will find important information that will assist you in understanding the
nature of our business and the progress we are making in developing new features
and solutions to help you in your business
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Press Releases
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Businesses and Nonprofits Can Now Accurately Project their Future Cash In-Flows from Recurring Payments Created by their Customers and Donors
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(Morrisville, NC – August 11, 2008) – BizPay Direct®, a pioneer in Online Payment Processing solutions continues to leverage its Software as a Service (“SaaS”) On-Demand technology platform by announcing the addition of Innovative Cash Flow Projection features which provide a clear window into the future incoming cash flows from single and recurring e-payments.
“The ability to project future cash payments from online recurring and single payments is an invaluable tool for any business or nonprofit organization. This is especially true in periods of economic decline.” said Richard Corpora, President of BizPay Direct®. “Nothing is more critical to the success of your businesses or nonprofit then maintaining sufficient cash balances and knowing what to expect your cash balances to be over the next six, twelve or even eighteen months and more. Generating cash flow projections for your recurring payments now takes only a few clicks of the mouse. The new and innovative features provide tremendous flexibility to generate both detailed and summarized projections, including several sorting, filtering and drill-down capabilities.” Said Corpora
Highlighted features include:- Generate Projections for unlimited number of periods
- Present in detailed and summarized formats with extensive drill-down capabilities for:
- Customers, Donors, Members, etc.
- Pay Items (what the payment is for)o Sort by Payment Dates, Customer, Donor, Member, Pay Item and more
- Summarize projections by Month, Quarter and Year
- Easy export to Excel, PDF, CSV, TXT and more
Cash Flow Projections are now conveniently available in both our BizPay Direct® and Donorbuddy® products. It’s easy to generate a detailed 2-3 year cash flow projection with a couple clicks of your mouse and then just as simple to export your results to a spreadsheet such as MS Excel for further analysis." Said Corpora
About BizPay Direct, Inc.:
BizPay Direct, Inc. is a leading provider of Online Payment Processing Solutions used by businesses and non profits to best manage their online payment transactions. The heart of the BizPay Direct differentiation is its unique Software as a Service (“SaaS”) ‘On Demand’ Payment Processing Technology. BizPay Direct’s® online payment solutions seamlessly tie together a business with its customers and a nonprofit organization with its members and donors. A comprehensive management function provides organizations with the tools necessary to fully manage their payment processes. From a Private Labeled Console, organizations receive comprehensive reporting, customer and member self-service portals, as well as global notifications and alerts via email and text messaging, thereby keeping all users informed throughout the entire payment process. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/ and/or http://www.donorbuddy.com/.
BizPay Direct® and Donorbuddy® Contact:
Marketing
TEL: 919-319-0446 Ext 13
FAX: 919-319-0447
Email: info@bizpaydirect.com
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Small to Medium Size Businesses and Nonprofits Can Now Offer Customers and Donors Multiple Online Payment Methods Using a Single Solution and Payment Gateway
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(Morrisville, NC – May 27, 2008) – BizPay Direct®, a pioneer in Online Payment Processing solutions continues to leverage its Software as a Service (“SaaS”) On-Demand technology platform by announcing the addition of Merchant Service Provider and Payment Gateway solutions to its existing payment processing platform.
“Providing multiple payment choices is an absolute necessity for businesses and nonprofits of all sizes if they wish to implement and manage successful online payment strategies.” said Richard Corpora, President of BizPay Direct®. “Payment behaviors differ across the generational landscape with Generation X and Y individuals utilizing online payments significantly more than the Baby Boomer and Traditionalist generations. Providing convenience, speed and choice relative to payment methods will go a long way in satisfying the needs of your customer or donor base and accordingly, aid in streamlining and optimizing your cash flow.” Said Corpora
“Being a Merchant Service Provider and Payment Gateway for merchant services is an important and strategic milestone for us. Our Service Oriented Architecture (SOA) and Dot Net technology platform have again given us the ability to respond quickly and effectively to client feedback and market opportunities for enhanced application functionality that provides our client base the solutions to effectively compete in their respective markets at a fraction of the cost." Said Corpora
BizPay Direct’s® Merchant Service and Payment Processing authorization and settlement transactions will be processed by TSYS Acquiring Solutions (a wholly owned TSYS® NYSE: TSS subsidiary), the pre-eminent supplier of acquiring solutions and related systems and integrated support services.
About BizPay Direct, Inc.:
BizPay Direct, Inc. is a leading provider of Online Payment Processing Solutions used by businesses and non profits to best manage their online payment transactions. The heart of the BizPay Direct differentiation is its unique Software as a Service (“SaaS”) ‘On Demand’ Payment Processing Technology. BizPay Direct’s® online payment solutions seamlessly tie together a business with its customers and a nonprofit organization with its members and donors. A comprehensive management function provides organizations with the tools necessary to fully manage their payment processes. From a Private Labeled Console, organizations receive comprehensive reporting, customer and member self-service portals, as well as global notifications and alerts via email and text messaging, thereby keeping all users informed throughout the entire payment process. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/ and/or http://www.donorbuddy.com/.
BizPay Direct® and Donorbuddy® Contact:
Marketing
TEL: 919-319-0446
FAX: 919-319-0447
Email: info@bizpaydirect.com
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Innovative Turn-key Electronic Payment Solutions Provide Small to Medium Size Businesses the Tools to Effectively Manage Their Cash Flow
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(Morrisville, NC – September 25, 2007) – BizPay Direct®, a pioneer in Online Payment Processing solutions continues to leverage its Software as a Service (“SaaS”) On-Demand technology platform to rapidly expand its convenient, secure and low cost e-commerce solutions and services to small and medium size businesses and nonprofit organizations across the country.
“BizPay Direct’s® On-Demand hosted cash management solutions for direct deposit and direct payment continue to build momentum in the small to medium size business markets by providing increasing numbers of businesses and nonprofit organizations with an optimal and cost effective way to accept online payments as well as to pay their employees and vendors via direct deposit.” said Richard Corpora, President of BizPay Direct®. “With a 100% client retention rate for clients that have registered and commenced using our Direct Payment and Deposit solutions, we have processed over $200 million in payments during the most recent 12 months.” Said Corpora“.
We are pleased with the progress to date and the momentum we have established during the first half of 2007. Our Service Oriented Architecture (SOA) and Dot Net technology platform have provided us the foundation to respond quickly and effectively to client feedback and market opportunities for enhanced application functionality that will provide our client base the solutions to effectively compete in their respective markets at a fraction of the cost. We are enthusiastic about the partnerships and clients we have signed to date, and welcome the many referrals received from our happy and satisfied clients." Said Corpora
BizPay Direct’s® online payment solutions seamlessly ties together a business with its customers and a nonprofit organization with its members and donors. A comprehensive management function provides organizations with the tools necessary to fully manage their payment processes. From a Private Labeled Console, organizations receive comprehensive reporting, customer and member self-service portals, as well as global notifications and alerts via email and text messaging, thereby keeping all users informed throughout the entire payment process.
About BizPay Direct, Inc.:
BizPay Direct, Inc. is a leading provider of ACH Payment Processing Solutions used by businesses and non profits to best manage their direct deposit and direct payment requirements. The heart of the BizPay Direct differentiation is its unique Software as a Service (“SaaS”) ‘On Demand’ ACH Payment Processing Technology. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/
BizPay Direct® and Donorbuddy® Contact:
Marketing
TEL: 919-319-0446
FAX: 919-319-0447
Email: info@bizpaydirect.com
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Innovative and Easy to Use ‘On-Demand’ E-Commerce Solution Reduces Donation and Fee Collection Costs by 50% to 80%
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(Morrisville, NC – May 24, 2007) – BizPay Direct®, a pioneer in ACH Payment Processing Technology, announces the completion and launch of Donorbuddy®, an innovative E-Commerce solution designed to provide non-profit organizations the tools to effectively manage their donation and fee collection functions. The service also allows donors the ability to contribute 24/7 and have access to their donation history including year-end tax reports. Donorbuddy® provides an optimal payment collection solution by combining a rich feature set and the latest in technology innovations in online transactions and data security.
“Our mission to the non-profit community is to provide “turn-key” solutions that save time, money, allow the collection of donations and fees faster and more consistently and in the end result in stronger long-term relationships between the non-profit organizations and their donors and members.” said Richard Corpora, President of BizPay Direct. “Most online donation and fee collection systems are too costly to operate and too complex to implement for the majority of non-profit organizations. Donorbuddy®, an On-demand “Software as a Service” solution provides non-profit organizations of all sizes with an optimal payment solution that can be easily set-up on-line and allow processing collections within minutes. The Donorbuddy® approach completely revolutionizes the way in which non-profits manage their contributions and fee collection processes,” said Corpora.
By using Donorbuddy®, non-profit organizations can reduce their donation processing costs by 50% to 80% and increase pledge fulfillment rates to a high of 98%. This increase can be as much as 50% higher than mail-based monthly donor programs.In addition to the payment gateway, a comprehensive management function provides non-profits with the tools necessary to fully manage their payment processes. From a Private Labeled Console, organizations receive comprehensive reporting, member, and donor self-service portals, as well as global notifications and alerts, including immediate Thank You and Tax Receipt notifications being sent to all donors and members when payments are initiated, thereby keeping all users informed throughout the entire payment process.
About Donorbuddy®:
Donorbuddy®, a division of BizPay Direct, Inc. provides low cost Internet-based, easy to use, e-commerce solutions to nonprofit organizations of all sizes. Combining the power of the Internet and the low cost structure of electronic payments via the Automated Clearing House (“ACH”) Donorbuddy® provides an innovative online payment solution that ensures MORE of every dollar donated to nonprofit organizations actually goes to the organization. For more information, visit http://www.donorbuddy.com/
About BizPay Direct, Inc.:
BizPay Direct, Inc. is a leading provider of ACH Payment Processing Solutions used by businesses and non profits to best manage their direct deposit and direct payment requirements. The heart of the BizPay Direct differentiation is its unique ‘On Demand’ ACH Payment Processing Technology. BizPay Direct® is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/
BizPay Direct® and Donorbuddy® Contact:
Marketing
TEL: 919-319-0446
FAX: 919-319-0447
Email: info@bizpaydirect.com
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Agreement Will Enable Choice Technologies to Provide Private Labeled ACH Payment Services to its 4,000 Plus Nationwide customer base.
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(Morrisville, NC - September 20, 2006) - BizPay Direct™, a Pioneer in ACH Payment Processing Technology, today announced that Choice Technologies, an accounting software solutions provider and owner of the award winning People's Choice Accounting Systems, has chosen BizPay Direct's 'Deposit on Demand' (DOD) and 'Payment on Demand' (POD) solutions to provide ACH payment solutions to its installed base of more than 4,000 small to medium sized businesses nationwide on a Private Label basis.
By utilizing BizPay Direct's robust and reliable direct deposit and payment solutions, Choice Technologies now has the ability to integrate ACH processing with its award winning People's Choice Accounting solutions under their National brand.
"Our business depends upon providing our customers with the tools and solutions they need to run their businesses efficiently and profitably. The addition of the BizPay Direct ACH payment solutions under the Choice Technologies brand allows us to provide our customers with a seamless payment gateway for employee direct deposits as well as customer collections of accounts receivable and much more," said Roger Leistad, Choice Technologies President and CEO.
"We are very pleased to work with Choice Technologies and provide a single, centralized ACH payment processing solution for their award winning People's Choice Accounting solutions," said Richard Corpora, President of BizPay Direct. "Accounting applications that provide a true, low cost ACH payment gateway, for their payroll, accounts receivable and payable modules will certainly be able to differentiate their products in the marketplace."
About BizPay Direct:
BizPay Direct is a leading provider of ACH Payment Processing Solutions used by businesses and non profits to best manage their direct deposit and direct payment requirements. The heart of the BizPay Direct differentiation is its unique 'On Demand' ACH Payment Processing Technology. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/.
About Choice Technologies:
Choice Technologies is a national provider of accounting software solutions geared toward small to medium size businesses of all types including Non Profit organizations. Choice offers a variety of low-cost accounting solutions that have the built-in flexibility and functionality to grow as your business grows. For further information please visit http://www.safechoice.com/.
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Agreement Will Enable Acadia NorthStar to Provide Direct Deposit Service to over 70 Charter Schools
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(Morrisville, NC – June 26, 2006) – BizPay Direct™, a Pioneer in ACH Payment Processing Technology, today announced that Acadia NorthStar, a leader in charter school financial services, has chosen BizPay Direct’s ‘Deposit on Demand’ Solution (DOD) to provide direct deposit services to its charter school clients. By utilizing BizPay Direct’s cost-effective and reliable direct deposit processing solution, Acadia NorthStar now have available to them for the first time the ability to manage all of their charter school clients direct deposit needs from a single, seamless, customized platform.
"We're extremely excited to be able to integrate BizPay Direct’s robust DOD solution into our internal systems, and believe it will play a key role in the direct deposit services we can now offer our clients," said Dave Faunce, Acadia NorthStar’s CFO. "Prior to using the BizPay Direct solution, we had to adhere to each school’s individual banking institution’s interface and system. It was extremely inefficient, costly, and frustrating – the BizPay Direct DOD product immediately solved that problem."
"Given Acadia NorthStar’s leadership in support of the charter schools, their choice of BizPay Direct is a gratifying validation of our ACH payment processing solutions,” said Richard Corpora, President of BizPay Direct. “ By standardizing interfaces and customer accounts, the BizPay Direct DOD solution acts as a payment gateway, allowing Acadia to manage their charter school client base via a single, centralized payment processing interface.”
About BizPay Direct:
BizPay Direct is a leading provider of ACH Payment Processing Solutions used by businesses and non profits to best manage their direct deposit and direct payment requirements. The heart of the BizPay Direct differentiation is its unique ‘On Demand’ ACH Payment Processing Technology. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/
About Acadia North Star:
Acadia NorthStar is a national leader in charter school financial and information services. We partner with our clients to provide cutting-edge solutions to the challenges facing today’s charter schools. Charter School accounting and budget management is our firm's cornerstone service. For further information please visit http://www.acadianorthstar.com/.
BizPay Direct Contact:
Marketing
TEL: 919.319-0446
FAX: 919.319.0447
Email: info@bizpaydirect.com
Acadia NorthStar Contact:
David M. Faunce
TEL: 828-287-9800 ext. 311
FAX: 828-287-9800
Email: dave@acadianorthstar.com
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Payment Processing Solutions Enable Businesses & Non Profits to Have Complete Control of their ACH Transactions
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(Morrisville, NC – June 19, 2006) – BizPay Direct™, a pioneer in ACH Payment Processing Technology, announces commercial availability of both its ‘Deposit on Demand’ (DOD) and ‘Payment on Demand’ (POD) product solutions. Both products are built on the BizPay Direct “On Demand’ Processing Technology, the first to support businesses & non profit organizations who manage large customer and donor bases.
The DOD and POD solutions provide businesses & non-profit organizations with the ability to process payment transactions either by uploading a standard ACH payment file or by creating ACH payment transactions online. These payments are handled using an automated process that includes data verification, NACHA compliance validation, and other security measures to ensure the confidentiality and integrity of the transactions.
“With the release of these two products, we have made available simple, easy to use “On Demand’ direct deposit and payment solutions that has been, until now, unavailable in the market.” said Richard Corpora, President of BizPay Direct. “Customers can access and use the system as much or as little as they need for a single monthly subscription amount plus a small transaction fee for payments processed.“
About BizPay Direct:
BizPay Direct is a leading provider of ACH Payment Processing Solutions used by businesses and non profits to best manage their direct deposit and direct payment requirements. The heart of the BizPay Direct differentiation is its unique ‘On Demand’ ACH Payment Processing Technology. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/
BizPay Direct Contact:
Marketing
TEL: 919.319-0446
FAX: 919.319-0447
Email: mailto:sinfo@bizpaydirect.com
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New Technology Enables ‘On-Demand’ Direct Deposit & Direct Payment
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(Morrisville, NC – June 12, 2006) – BizPay Direct™, a pioneer in ACH Payment Processing Technology, announces completion of its BizPay Direct software platform which enables the full integration of Direct Deposit and Direct Payment ACH processing into one unified, seamless platform for managing all ACH based transactions.
Acting as a web based payment gateway, the BizPay Direct platform is uniquely designed to enable businesses and non-profits to offer direct deposit and direct payment solutions via a single, centralized environment.
“On-Demand means exactly that – when you demand access to your direct deposit and payment systems for creating payment transactions or uploading ACH files for processing, or simply accessing data for generating reports, you have it.” said Richard Corpora, President of BizPay Direct. “Most payment processing providers in today’s marketplace offer a very basic payment gateway for businesses to process electronic payments. Other than the payment transaction itself, there is little else offered to help a business manage its cash flow and incoming or outgoing payments. The BizPay Direct approach is designed to completely revolutionize the way in which businesses and non profits manage their payment processing,” said Corpora.
In addition to the ACH payment gateway, a comprehensive management function provides businesses and non-profits with the tools necessary to fully manage their payment processes including comprehensive reporting, employee, donor, and customer self-service portals, as well as global notifications and alerts that keep all users informed throughout the entire payment process.
About BizPay Direct:
BizPay Direct is a leading provider of ACH Payment Processing Solutions used by businesses and non profits to best manage their direct deposit and direct payment requirements. The heart of the BizPay Direct differentiation is its unique ‘On Demand’ ACH Payment Processing Technology. BizPay Direct is a privately held company based in Research Triangle Park, North Carolina. For more information, visit http://www.bizpaydirect.com/
BizPay Direct Contact:
Marketing
TEL: 919.319.0446
FAX: 919.319.0447
Email: info@bizpaydirect.com
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