The faith-based market is a good example of where we have been successful in serving unique needs with financial technology solutions and competitive pricing that are often only available to large enterprises.
Atlanta, GA (PRWEB) January 20, 2015
Vanco Payment Solutions reveals a new online presence and new branding today that builds on its industry leading position as the go-to electronic payments provider specializing in faith-based organizations, nonprofits, and professional services companies. More than 30,000 clients, including more than 15,000 churches and non-profits, trust Vanco Payment Solutions to provide secure payment solutions for its customers or members that maximizes predictable revenue streams and integrates with more than 60 software systems.
Chief Executive Officer Kevin Lee says the new combined company (formerly Veracity Payment Solutions and Vanco Services) will build on its ability to understand specific industry needs, and address them with specialized payment solutions. “Our payment platform supports specialized payment solutions for commercial and nonprofit organizations that rely on integration with their existing systems to accept and manage various payments, including one-time, recurring, card and ACH payments. We have also developed essential support services that are tailored to help our clients successfully launch and manage electronic payments for their particular type of organization.The faith-based market is a good example of where we have been successful in serving unique needs with financial technology solutions and competitive pricing that are often only available to large enterprises.”
The company has been building relationships with faith-based, nonprofit, and professional services organizations since 1998 and has been endorsed by, and partnered with, many national organizations to specialize solutions for their members’ needs. Vanco President and General Manager Jeanne Spencer Rose says the company will be amplifying services to these specific sectors to build on its already large and satisfied client base. “Our steady growth in these select industries can be credited to referrals and endorsements that recognize our ability to meet emerging needs and provide excellent on-going support. Our endorsement by the Simply Giving program with Thrivent Financial Credit Union is an excellent example of a national relationship built by focusing on unique client needs and support services and leading to a long-term, trusting relationship.”
An increasing percentage of the population is decreasing the amount of cash they carry and the use of checks to pay financial obligations. Even the most traditional of payments are moving to electronic payment applications like E-giving which provides a way for members of faith-based communities to make reliable payments in the method they prefer. Vanco Payment Solutions plans to release additional support services in 2015 that further help faith-based organizations encourage participation in E-giving initiatives.
Vanco offers payment solutions across multiple industries including administrative and user-friendly online, mobile, and batch payment methods, in addition to back office credit card, debit card, and ACH processing. The company processes more than $13.1 billion in electronic payments annually for clients including faith-based organizations, nonprofits and professional services companies. Vanco Payment Solutions is headquartered in Atlanta and will be substantially expanding staff in both Atlanta and in its Minneapolis offices during 2015 and 2016.
Vanco Payment Solutions
400 Northridge Road | Suite 1200
Atlanta, Georgia 30350
12600 Whitewater Drive, Suite 200
Minnetonka, Minnesota 55343
Website address: http://www.vancopayments.com