Payment Savvy logo

Payment Savvy

by Payment Savvy · Since 2010
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorPayment Savvy
Year launched2010
StatusActive
Location5760 Legacy Dr, Plano, Texas US
Countries servedGlobal
Languages1
Integrations1+
Free tier
Free trial
Contact salesYES

About Payment Savvy

Payment Savvy is a payment processing software from Payment Savvy that helps businesses handle their transactions efficiently. It provides online payment processing, custom invoicing, and recurring billing so users can manage their payments and subscriptions effectively. The platform supports various payment methods, including credit and debit cards, which allows for flexibility in transactions. Additionally, Payment Savvy offers detailed reporting features to help businesses track their financial performance. Key capabilities: online payment processing custom invoicing recurring billing detailed reporting multiple payment methods Best for: businesses that need a comprehensive solution for managing transactions and invoices.

Payment Savvy by Payment Savvy is a comprehensive software solution designed for debt collection and payment processing. Its standout features include secure payment processing, customizable payment plans, and automated payment reminders. The user interface of Payment Savvy is intuitive and user-friendly, making it easy for users to navigate through the various functionalities. The design elements are clean and straightforward, enhancing the overall user experience. One of the core functionalities that distinguish Payment Savvy from its competitors is its ability to create customized payment plans for debtors. This flexibility allows for better communication and negotiation with clients, ultimately leading to increased collections. Another innovative aspect is the automated payment reminders, which help to streamline the payment process and improve efficiency. In terms of performance, Payment Savvy excels in speed, efficiency, and reliability, even when managing large datasets or complex operations. The software ensures that payments are processed securely and on time, providing peace of mind for debt collection agencies and their clients.

Pros & Cons

What users like
  • +High-Risk Industry Expertise: Deep experience in supporting regulated and high-risk sectors like collections and healthcare.
  • +Multi-Channel Payment Options: Allows payments through web, phone, SMS, and voice systems.
  • +Strong Dispute Management: Proactive chargeback tools reduce financial loss and admin time.
  • +Tailored Solutions: Works closely with clients to deliver customized setups aligned with their workflows and compliance needs.
What users flag
  • No Public Pricing: Does not publish rates; businesses must request a quote.
  • Small Company Size: A lean team (around 7–10 employees) may limit support capacity or implementation speed.
  • Few Public Reviews: Limited third-party feedback makes benchmarking difficult.
  • Limited API Access: Integrations rely on prebuilt partner solutions rather than open APIs.
  • Potential Cost Impact for Low Volume Users: Convenience fee and IVR systems might carry higher fees for businesses with low transaction volumes.

Features

Key features

Custom Merchant Processing
Provides tailored payment processing solutions for businesses, especially in debt collection and other high-risk industries, supporting credit card and ACH payments.
ACH & Card Acceptance
Handles ACH transfers, credit cards, and debit cards reliably and securely.
Virtual Terminal & IVR
Enables payment acceptance via online terminals, integrated voice response systems, phone, and SMS.
Pay-by-Text & Convenience Fees
Supports text-to-pay and allows businesses to apply convenience fee models to shift processing costs.
Recurring Billing & Chargeback Prevention
Automates recurring payment plans and includes features to reduce and manage chargebacks.

Additional features

Online Payment Gateway
Provides a secure web portal for customers to make payments from any device.
High-Risk Merchant Support
Specializes in industries like debt collection, healthcare, utilities, telecom, e-commerce, and government.
Chargeback Management
Offers tools to proactively prevent disputes and manage chargeback resolution.
Web Payment Negotiator
Allows customers to negotiate and settle payments online.
Real-Time Reporting
Features dashboards with up-to-date transaction data and customizable reporting tools.
Partner Integration
Integrates with collections and accounts receivable platforms through established partnerships.
Branded Receipts & Virtual Terminal
Supports business branding on receipts and invoices, along with virtual terminal payments for agent-assisted transactions.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
13
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇴NOK🇩🇰DKK🇳🇿NZD🇲🇽MXN

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