Billing and Settlement Processing

First and foremost, your billing must be on time and accurate. With Teleformix, it can also be easy for you – we do it all!

Streamline your billing operations with Universal Billing Services (UBS), a payment and settlement processing platform that handles bank cards, private label cards and ACH through a single interface. UBS gives you rapid processor turnaround and data throughput, powerful data validation systems, and unified reporting and analysis. Increase your profitability with billing and payment processing that is timely, accurate and efficient. UBS can conform precisely to the stringent data handling requirements of any processor, offering a myriad of transaction types: debit, credit, authorization and Encrypted Account Access (EAA), so there is no need to worry about various processor formatting requirements.

You no longer have to spend hours formatting and re-formatting data – UBS identifies each type of transaction within a file and processes multiple types at once. However, UBS is more than just a data formatting application. Transparency in processing ensures that files are expedited. You can designate time limits for processing and flag files that exceed these limits. With UBS, you can streamline and speed up your billing and payment processing routines for increased efficiency and cost effectiveness.

UBS's Smart Processing Technology (SPT) automates time-consuming processing routines. SPT also analyzes and validates the data, verifying its integrity before sending it off to the processor. Processor fees and chargebacks are reduced or eliminated and IT savings are dramatically increased.

• Accommodates multiple types of transactions, including bankcards, private label cards and ACH, through a single application.
• Secure, intuitive online interface.
• Completely redundant with fully replicated database.
• Powerful data integrity validation.
• Complies with processor formatting requirements.
• Processing transparency.
• Consolidated chargeback costs and decreased time investment.
• Unified reporting and analysis.
• Dynamic security measures.
• Automated processing routines.
• Faster payment processing.
• Low integration / IT costs.

Click Here to Download our UBS Data Sheet