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3Delta Systems Announces Commercial Availability of EC-Pay Electronic Payment System
About 3Delta Systems
3Delta Systems, Inc. (www.3DSI.com) is a payment solutions company that delivers the power of secure, Internet-based purchase and credit card processing solutions to enterprise, business-to-business and business-to-government customers. 3DSI's complete suite of payment solutions – each designed from the ground up to be scalable, easy to implement and conform with PCI Data Security Standard best practices – enables merchants and buyers to manage, authorize and settle payment transactions in real time. As a leading Software-as-a-Service (SaaS) provider, 3DSI has processed more than 28 million payment transactions worth nearly $22 billion for over 6,000 corporations and government agencies since the company was founded 10 years ago.
Media Contact:
Audra Capas
5StarPR, LLC
703.437.9301
audra@5starpr.com
Service Automates Purchase Card Payments & Account Reconciliation
CHANTILLY, VA – May 1, 2007 – 3Delta Systems® (3DSI), a leader in online business-to-business credit card payment solutions, today announced that EC-Pay® is available to commercial users. EC-Pay automates the payment process and lets businesses make Purchase Card payments to their suppliers using the 3DSI payment gateway. 3DSI is connected to all major credit card processing platforms and approved payments are sent automatically to the Seller’s bank.
“There is growing market demand to automate the Accounts Payable (A/P) process,” explains Scott Songer, Senior Consultant, First Annapolis Consulting. “In addition to the cost-savings generated from improved administrative processes, outsourcing the A/P process to a firm such as 3DSI ensures secure and reliable communications methods are in-place.”
EC-Pay is also an effective Purchase Card management tool. Users receive transaction data, including Level-3 line item detail to support tracking and auditing for all payments, which improves the speed of account reconciliation. Level-3 information contains information about the items purchased such as Item Part Number, Item Description, Quantity, Unit of Measure, Price and more.
“We have demonstrated the utility of this system with a Federal Government agency which has successfully leveraged EC-Pay to efficiently and cost-effectively grow its Purchase Card Program, said Aaron Bills, Chief Operating Officer, 3DSI. “EC-Pay offers both the buyer (e.g. Federal Government) and the seller (e.g. medical suppliers) a win-win solution. The electronic payment process offered via EC-Pay streamlines the payment process and saves costs for the buyer and gives sellers a quicker payment process with improved reconciliation capabilities.”