Heartland Payment Systems is now offering its customers the innovative, cost-effective VersaPay ARC eInvoicing system as a means of eliminating the time, cost and cash flow challenges associated with paper invoices delivered by mail. Under a reseller agreement between Heartland and VersaPay Corporation’s U.S. subsidiary, Heartland is providing U.S. small and mid-size businesses with the capability to transform their manual invoicing operations into an efficient electronic system that delivers invoices online in a secure merchant-branded portal and provides their customers with the option to pay using credit or debit cards.
“The VersaPay ARC eInvoicing platform is a particularly useful solution for any business that traditionally sends customers paper invoices, especially small to mid-size businesses such as accounting, law, insurance, manufacturing, distribution and many others,” said Kris Herrin, chief of emerging products, Heartland Payment Systems. “Paper invoices typically cost a few dollars to process from end to end, and it can take thirty to ninety days to receive payment. With VersaPay ARC eInvoicing, each invoice costs less than a postage stamp to process and payments are received days or even weeks earlier.”
Accessible through Heartland’s Portico ecommerce gateway with enterprise-grade security, the VersaPay ARC eInvoicing platform enables merchants to either import invoices through their accounting software or create them using VersaPay’s software. Merchant-branded invoices are delivered instantly to the portal and customers are notified via email. Fully integrated with a merchant’s payment processing system, the merchant’s customers have the option to pay using credit or debit cards. Merchants can easily track when an invoice was sent, when their customer received and viewed the invoice, and when payment was made.
“Heartland is uniquely positioned to deliver all the benefits of our ARC eInvoicing system nationwide with its world-class reputation and sales distribution network,” said Todd Whiton, president of VersaPay Payment Technology Solutions, VersaPay’s U.S. subsidiary. “The opportunity to change the way invoices are issued and paid between U.S. businesses is enormous, and we believe this strategic partnership with Heartland will broaden the acceptance of our technology.”