Applied Business Software Inc. (ABS), developer of The Mortgage Office, loan servicing software for the lending industry, has announced a partnership with Payment Data Systems to offer enhanced functionality for processing electronic payments via its ACH module, as well as online payment processing by check or credit/debit card.
Payment Data Systems is an integrated electronic payments solutions provider.
Users of The Mortgage Office have a collection tool that enables them to process electronic payments from borrowers, either by phone or 24/7 via the company’s subscription-based web portal. According to ABS, The Mortgage Office users experience software that comes with an easy signup process, competitive fees, real-time verification and world-class security.
“We are excited about this partnership with Payment Data Systems as it falls directly under our goal of providing our clients with the most user-friendly, state-of-the-art loan servicing software solution in the industry,” President and Co-Founder of ABS Jerry Delgado said.
“This partnership takes us into the new vertical of consumer mortgage loan servicing software and further diversifies our customer base,” President and CEO of Payment Data Systems Louis Hoch said.