18 Years of Excellence in the Electronic Payment Processing Business
Autoscribe Corporation is a financial services company and payment processor currently servicing over 2000 financial institutions and corporate billers across the nation. As the original developer of the patented payment system for check-by-phone in the early nineties, Autoscribe has been developing and supporting payment solutions that address the broad spectrum of accounts receivable requirements facing businesses large and small for over 18 years.
Autoscribe’s business model leverages the power of the Internet to offer a suite of on-demand payment services that permit merchants to have perfect and continuous awareness of payment activity as it occurs at multiple consumer friendly payment windows.
While many payment processors tended to focus on the rapid provision of ‘point’ solutions that addressed a single form of payment acceptance, Autoscribe was investing heavily in the research and development effort from which would emerge a payments model that dramatically changed the landscape of the C2B (Consumer–to-Business) payments industry.
Fundamental to this new holistic approach to accounts receivable management was a unique Internet architecture that harnessed payment activity into a hub-and-spoke alignment of peripheral capture and centralized review. This allowed merchants immediate access to information about payments so that funds availability could be accelerated and cash flow better managed.
Today Autoscribe boasts one of the most respected client bases from over 30 industries. Among our growing roster of 2000 clients are a number of the largest U.S. financial institutions, credit unions, insurance companies, municipalities, credit bureaus, money services businesses, foreign exchange originators, as well as non-financial entities large and small.
As a Level I PCI compliant vendor, Autoscribe extends its Gateway Services via three principal distribution channels which suppose the primary market constituencies and growth opportunities for the company:
- Corporate Direct Billers – direct sales to corporate billers with C2B payment acceptance and processing needs.
- Payment API – application service providers and software vendors that wish to enhance their offerings by integrating an easy-to-use payment plug-in.
- Financial Institutions – banks and holding companies that wish to re-brand and make available the Payment Vision Gateway Svcs to their corporate accounts thru their own Treasury Sales departments