Modern Payments offers business owners the ability to collect customer-obligation revenue that is typically difficult to collect. Through Modern Payments, a business owner can offer payment flexibility and convenience to customers as well as increase confidence in the ability to collect.

In addition to collection confidence, these payment plans allow the business owner to see future revenue streams. The Modern Payments system makes it easier for customers to pay, so they pay on-time and in-full by either doing a one-time electronic transfer or by setting up an automated payment plan. Cash flow is predictable and measurable!

Through the Modern Payments network, businesses will no longer have to wait for checks in the mail from customers who have promised to pay but never seem to get around to it. Modern Payments gives you the tools to collect quickly, predictably and automatically by entering a few numbers into the system. You will now also have the ability to accept check payments right over the phone.

For example, when a business sends a product or completes a service, the business can either call the customer with the total amount and ask for a complete payment or set up an automated payment plan over the phone. If a contract is signed with agreed upon services and payments, this can also be set up as an automated payment process. With the flexibility of Modern Payments, the business can accept payment either today, next month or over several months without needing to make another phone call or sending a statement.

This capability reduces the amount of expense and effort that goes into the collection process and at the same time reduces the outstanding receivables balance and increases cash collected!

Modern Payments provides up to the minute reporting on pending and historical transactions in easy-to-use pages available 24-hours a day. You can see completed transactions as well as future, pending transactions. Because the system is a secure web-based process, all reports and information can be accessed from anywhere, over the internet.

Rather than waiting for a month-end statement, you can monitor, reconcile and account for transactions when you want to. Modern Payments provides all of the detailed reporting features that a business owner needs to manage customer's payments

Modern Payments uses the same security and information protection technology that the United States Banking System has adopted for their transaction system. You will protect your client's information through a Secure Sockets Layer (SSL) connection using 128-bit encryption. Only approved users will be allowed access to the Modern Payments system.

• IBM-compatible computer with at least a Pentium processor.
• Internet connection with a 28 kbps baud or faster modem (or cable, ISDN or DSL connection).
• Memory and disk space of at least 4 megabytes.
• Microsoft Word or Acrobat Reader to read reports

The best part of the Modern Payments system is how easy it is to use! You simply answer the questions on screen and submit.. One-time transactions or multiple payment plans are automatically transacted. Errors or changes are immediately reported.

Modern Payments offers businesses and customers the flexibility to create current and future transactions on various days of the month and to choose the terms and method of payment in plan.

Businesses can charge interest, edit or delete payments and correct errors in a simple and easy- to-use format. Modern Payments provides a complete, personal system set up. All you have to do is begin processing payments. Modern Payments can have your system up and running quickly and easily.