Apollo Enterprise Solutions Selects Electronic Payment Providers, Inc. to Provide Integrated Payment Solutions for Web-Based Payment and Collection Solutions.IRVINE, Calif. -- Apollo Enterprise Solutions LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the leading provider of web-based payment and collection technology, announced today that it has selected Electronic Payment Providers[R], Inc. (EPP (1) (Enhanced Parallel Port) See IEEE 1284. (2) (Ethernet Packet Processor) A chip from Kalpana, Inc., Santa Clara, CA that doubles speed of Ethernet transmission to 20Mbits/sec. In 1994, Kalpana was acquired by Cisco. ), the national leader in electronic payment services Electronic Payment Services (Chinese: 易辦事), commonly known as EPS, is the largest electronic payment system in Hong Kong, Macau and Shenzhen starting from 1985. The service is provided by EPS Company (Hong Kong) Limited. , as a preferred vendor and provider of electronic payment services for Apollo's Intelligent Debt Solutions[TM] (IDS) online payment and collections system. With the integration of EPP payment processing solutions, customers and debtors will be able to make checking/savings and credit/debit card transactions directly through an online interface. Utilizing EPP solutions, these payments will be processed electronically, providing faster funds availability, better tracking and accounting, and a significant increase in returns management efficiency. "The Apollo IDS system was designed to create significant lift in collections portfolios by presenting customized payment or settlement offers online in a non-threatening, convenient, 24/7 environment. By integrating EPP's Express Payments Suite of automated ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to and Credit Card transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. tools into our system, the Apollo IDS system will not only make it more convenient for individuals to pay, it will also expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. the receipt of those payments by our clients," said Christopher Imrey, Apollo's Founder and President. "Online debt settlement is no passing trend. Automated debt collection solutions, such as Apollo's IDS system, are supplementing traditional collection methods with self-cure channels that ultimately serve to increase efficiencies and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). in today's collection environments. Partnering with Apollo was a logical step for EPP due to the synergies that exist between the two business models. EPP looks to integrate our solutions in order to reduce manual processes; online debt settlement provides an ideal channel to do so," said Scott McCollum, President of EPP. About Electronic Payment Providers EPP has combined the perfect mix of technical expertise, common sense and customer service experience to bring you comprehensive payment processing and services which are second to none. With an emphasis on reliability and ease-of-use, EPP offers you the latest, most effective ACH and Credit Card solutions in the industry. The EPP Express Payments Suite serves to simplify the cumbersome process of receiving and applying payments, through integration into the top Accounts Receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying (A/R) and collection software packages. Let us show you how simple getting paid can be. For additional information about EPP, visit www.expresspayments.com or call 1-877-377-2677. About Apollo Enterprise Solutions Apollo Enterprise Solutions, LLC, headquartered in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). , provides enterprise-class web-hosted solutions for a variety of industries involved in receivables management and debt collections. At the heart of Apollo's Intelligent Debt Solutions[TM] system is the patent-pending IDS Decision Engine[TM] which provides Decisioning Intelligence[TM], a revolutionary process that delivers more debtors for recovery and settlement and more dollars per settlement by creating individual, customized offers that reflect a debtor's most realistic ability to pay. For more information, please visit the website at www.apolloenterprise.com. |
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