RP Solutions Launches Cloud-based Remittance Processing Platform and Suite of Payment Acceptance Solutions

Ithaca, NY - 7 June 2016

RP Solutions, Inc., an innovative remittance processing and electronic payments solutions provider, announces its new cloud-based Transaction Processing Services (TPS) Platform as well as payment capture solutions for mail-in, walk-in and in the field payments.

“Our new TPS Platform is a highly integrated set of remittance processing, document processing and workflow management services,” said David Johnson, President, RP Solutions.  “Services include data extraction, aggregation, clearing and posting of check, credit/debit card and ACH payments. The entire infrastructure is hosted on Amazon Web Services, giving us an extremely secure, stable and rich cloud environment. The pay-as-you-go model of cloud computing means our customers can eliminate large upfront capital investments, reduce IT requirements and lower ongoing TCO. The Platform is highly customizable - everything from business rules and workflows to file customizations and web services integration - so we can continue to meet the unique requirements of diverse businesses and service providers.”

The Company is also announcing three new payment acceptance solutions that provide frontend payment capture capabilities and upload images and data directly to the TPS Platform for processing. TPS Remittance, for mailed-in payments, is the next generation of its highly successful ExpertRPS license-based product. TPS Cashier, for utility and tax bills paid in person, allows for straight-through processing. Finally, TPS Mobile is an easy to use mobile app that allows employees to accept payments at remote offices or in the field. The application uses the camera on smartphones and tablets to capture checks along with supporting remittance documents.

RP Solutions will demonstrate the new TPS Platform at The Insurance Accounting & Systems Association (IASA) Conference in San Antonio TX next week, booth #110. IASA is one of the insurance industry's largest trade associations including Property & Casualty, Life, Health, Fraternal, HMO and other insurance companies.  RP Solutions has been an IASA member since 2010.

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