Powercode, the developer of the Powercode ISP Management system, has partnered with IP Pay to directly integrate IP Pay tokenized payment technology into Powercode, eliminating the third-party gateway, solving PCI security compliance issues and giving Powercode users the ability to participate in industry-specific emerging market programs that have traditionally been limited to large players like AT&T and Comcast.
"The Payment Card Associations, recognizing the unique nature of the recurring service provider business model, have created programs that reward service providers with lower Interchange rates," says Brian Young, Chief Technology Officer of Convergence Technologies Inc. "Unfortunately, only the largest players who are aware of these programs can afford the overhead of direct processor connections required for participation. Most service providers utilize 3rd party gateways, get drowned out in a larger pool of e-commerce merchants and pay higher rates than they should. By cutting out the middleman gateway, we provide Powercode users direct processor integration that ensures seamless and safe card-based transactions."