MINNETONKA, Minn., Feb. 14, 2011 — Vanco Services, LLC, a leading provider of electronic payment solutions, announces the launch of its new website specifically for municipalities.
Consumers want a variety of payment options when settling traffic fines, utility bills and other charges — and local governments must be able to process those payments in a secure and efficient manner. VancoSolutions.com — a new website from Vanco Services — is dedicated to helping municipalities introduce new payment options and also manage the growing number of online banking payments that, ironically, are often converted into paper checks and require extensive manual processing.
As a Payment Card Industry (PCI) Level 1 Compliant Service Provider, Vanco also understands the need for municipalities to mitigate back office risk. That's why the company's Web-based solutions, offered under the e.service® brand, include features that support financial best practices.
Vanco enables municipalities to:
- Receive bank-issued checks electronically
- Accept payments online
- Automate recurring payments
- Take payments over the phone
- Accept payments via text message
- Process in-person payments
"We examined the way cities were handling payments for utilities, taxes, permits and other common fees," said Jeanne Spencer Rose, CEO of Vanco Services. "What we found was a lot of inefficient, error-prone, manual processing, so we made it our goal to develop a set of cost-effective electronic payment solutions suitable for any municipality."
Vanco Services, LLC is a financial technology company that processes electronic payments for more than 17,000 clients. Under the e.service® brand, Vanco offers several proprietary Web-based electronic payment solutions. Vanco is a PCI (Payment Card Industry) Level 1 Compliant Service Provider. Learn more at http://www.VancoServices.com and http://www.VancoSolutions.com.
Contact: Laura E. Povolny
Communications Specialist
(800) 675-7430 x504
Email
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