DALLAS, TX -- (MARKET WIRE) -- Standard Payments, LLC, the majority-owned merchant services subsidiary of Dallas-based payments services company Transactional Technologies, LLC, announced an extension of their relationship with YMCA of Metropolitan Dallas to include Visa's Account Updater. Standard Payments currently provides both ACH and Visa, MasterCard, Discover, and American Express card processing services for the YMCA of Metropolitan Dallas.
Visa Account Updater is a service for merchants that automatically updates their customers' Visa Card information to reduce the possibility of decline messages or payment delays from the bank. The service increases customer retention by reducing disruptions of the payment process that result from outdated account information thereby increasing approved transactions.
"Standard Payments understood the nature of our organization and suggested we implement Visa's Account Updater. Much of our card processing is related to recurring payments," said Gordon Echtenkamp, CEO of YMCA of Metropolitan Dallas. "The amount of time spent manually updating customer accounts can now be applied to improving programs offered to the community."
"Our primary objective is to assist our clients to utilize Transactional Technologies' JetPay product suite to grow revenues, reduce operating expenses and to distinguish themselves in the marketplace," said Trent Voigt, Chairman of Standard Payments, LLC. "A product that drives an increase in sales and authorization approval rates and that strengthens customer relationships is ideal for the YMCA."
About YMCA of Metropolitan Dallas
The YMCA of Metropolitan Dallas builds strong kids, strong families and strong communities by offering a large number of activities ranging from youth sports to health and wellness programs. The YMCA is the largest provider of school age childcare in Dallas. Dedicated to the communities needs, the YMCA builds the community by bringing people together and reaching out to meet specific community needs. For more information visit www.ymcadallas.org.
About Standard Payments, LLC
Detroit-based Standard Payments, LLC is "Setting the Standard in Payments Delivery"® by providing transaction processing products and Visa and MasterCard merchant account support that enable its clients to convert payments acceptance technologies into business solutions. Standard Payments is an industry specialist in merchant account acquisition and management, and deploys its recommended various payment options, strategies, software and solutions for credit card, debit card, prepaid/gift card, and electronic check acceptors across North America. For more information visit www.standardpayments.com and www.jetpay.com.
Contact Information:
Aliki Liadis-Hall