San Diego, CA -- (SBWIRE) -- 06/18/2013 -- Last month hundreds of high volume merchants were rejected by their merchant provider for overloading the payment system and exceeding the permitted limit on transactions, leaving them without a means to process payments and potentially liable to lose thousands of dollars a day. In many cases, those who lost their original provider found Payment Savvy, a new way of processing online payments that promises to be fast, convenient and free to the merchant.

The payment collections credit card processing software allows users to accept and track payments, and is far more than a simple payment portal, offering detailed analytics and features that make running an online business simpler and smoother.

Its unique selling point, especially for those who recently faced rejection by merchant providers they had paid to subscribe to, is that the software offers free payment processing for the merchant, meaning there is no expensive transaction fee cutting into the profit margin for business users.

A spokesperson for Payment Savvy explained the scale of the potential downfall merchants could have faced, "The merchants that came to us after being let down by their initial provider have saved hundreds of thousands of dollars in cash flow by being quickly able to replace their old systems with the Payment Savvy website integration, making payments fast and free to the merchant, so they could continue processing order payments in no time without interrupting their clients' service or payment schedule. It was a defining moment for our company as we were put to the test and delivered above expectations, in an extraordinary situation that very few people had expected."

About Payment Savvy
Merchants looking for the best solution to accept credit cards and means to utilize ACH Payment Processing software find all their needs met and more at Payment Savvy. Payment Savvy is utilized by over eighteen thousand merchant accounts within every market space. With top notch software technology and partner integrations in place they are confident clients will be satisfied with their services. Call or fill out a web form now and get a merchant account setup within 24 hours. For more information please visit: http://www.paymentsavvy.com/

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Plano, TX -- (SBWIRE) -- 06/11/2013 -- The modern world is undergoing a constant revolution in how it thinks and behaves in response to the incredible power of the internet which is transforming the lives of those living in the developed world. The most significant development is that of online shopping, which is seeing more and more businesses pressured into offering online payment. The disadvantage is that for small businesses, the cost of offering such a system can outweigh the benefits, slowing their growth. Payment Savvy is filling this void with their free payment processing system, which promises to make online payment an accessible process for all.

The software uses a web-based platform that promises 'no cost to the biller', meaning businesses don't have to pay a penny to use the service, which not only allows for online payment via collections credit card processing and all other major methods but also manages receipts and reminders automatically.

The flexibility of the service is also second to none, offering help not only with online payments but payments via phone, IVR, mobile and even text, offering one of the most complete solutions for payment on the move currently available. The IVR service makes use of a proprietary smart AI voice recognition system so companies don't have to pay call centre fees.

A spokesperson for Payment Savvy explained, "To break it down, there really are so many advantages to our service that it would be silly not to use it. Not only do businesses pay absolutely no processing fees, but unlike PayPal only commissions they can accept Visa, Master Card, Discover, ACH, Electronic Checks and other popular methods of payment. The program can process recurring payments in real time as well as intelligently distribute instant payment reminder notifications, ensuring payment management is largely taken care of from within the information known to the system, making maintenance and upkeep a breeze."

About Payment Savvy
Payment Savvy is a premiere Payment Processing company with a focus in account receivables, medical billing, bank loans and utilities. They offer a simple, secure, and free web-based solution to accept all forms of payment including Credit Cards, Debit Cards, Electronic ACH (eChecks) and more. The software uses a convenience fee model also known as "No Cost to Biller" which offers companies free payment processing. For more information, please visit: http://www.paymentsavvy.com

For more information on this press release visit: http://www.releasewire.com/press-releases/payment-savvy-web-based-solution-saves-businesses-money-on-high-volume-payment-processing-264400.htm