It is widely supported in the United States, allowing MyTime Pay to automatically update most American Express, Visa, Mastercard, and Discover cards issued there. *Automatic card updates require card issuers (V,MC,D, AMEX) to participate with the network (TSYS/Global Payments) and provide this information. * NOTE EnsureBill will not update lost or stolen cards, the service only applies to expired cards. There is a fee for this feature of $5/mo per location. Please reach out and let us know how we can help you. We have significant scale, are willing to tackle tough situations, and build long-term trusted relationships with. At CardWorks, we’re committed to making a positive impact in the lives of our employees and clients. Avoid the hassle of contacting customers to update expired cards.ĮnsureBill can be added by MyTime to your payment processing account by emailing. With over 35 years of operating history, the CardWorks companies include one of the largest managers and servicers of credit card and installment loan products, a top 20 credit card issuer and a top 10 merchant acquirer in the US. ENSUREBILL 3.1 DESCRIPTION TSYS EnsureBill Services, if available, include enrolling you, submitting information to the Card Brands for updating, and providing updated account information to you as received by the Card Brands, subject to the terms and conditions of this agreement.Maintain customer loyalty due to convenienceīenefits of EnsureBill for your customers.When transactions on these accounts fail, cardholders can be inconvenienced and may terminate their relationship, potentially resulting in lost revenue, lost sales, and jeopardized customer loyalty.īenefits of EnsureBill for business owners This allows your business and your customers to continue using the card saved in their MyTime wallet without interruption and reduces the need for you to collect new card details whenever a customer card expires.įor business owners who accept recurring payments like memberships, maintaining accurate customer payment card data is one of the greatest and most costly concerns facing business owners today. MyTime Pay works with card networks and automatically attempts to update saved card details whenever a customer's card expires. Parthenon has particular expertise in financial and insurance services, healthcare and business services, but seeks any service, technology or delivery business with a strong value proposition and proprietary know-how.Saved payment method details can continue to work even if the physical card has been replaced by the card issuer. Parthenon seeks to be an active and aligned partner to management, either through recapitalization transactions or by backing new executives. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Parthenon Capital is a leading mid-market private equity firm with offices in Boston, San Francisco and Austin. Much more than a simple payment gateway, ProFac. PHNhbWwycDpBdXRoblJlcXVlc3QgeG1sbnM6c2FtbDJwPSJ1cm46b2FzaXM6bmFtZXM6dGM6U0FNTDoyLjA6cHJvdG9jb2wiIEFzc2VydGlvbkNvbnN1bWVyU2VydmljZVVSTD0iaHR0cHM6Ly9teWFwcHN3ZC5jYXJkd2. Merrick Bank is also a top-15 credit card merchant acquirer, clearing over $40 billion in transaction volume per year for more than 80,000 merchants and 40 independent sales organizations. Designed with the needs of your not-for-profit clients in mind, ProFac Express by ProPay® enables service platforms, association management providers and fundraising systems the ability to integrate payment processing securely and quickly through our robust set of payment processing APIs. Merrick Bank also provides installment finance options to consumers through marine and recreational vehicle dealers throughout the country, as well as personal installment loans through digital channels. Founded in 1997 as a wholly owned subsidiary of CardWorks, Merrick Bank is an FDIC insured top-15 Mastercard/Visa issuer of credit cards. TSYS EnsureBill Services include enrolling you, submitting information to the Card Brands for updating, and providing updated account information to you as received by the Card Brands, subject to the terms and conditions of this agreement. CardWorks provides lending and merchant acquiring services through Merrick Bank. Carson Smithfield, LLC provides post-charge-off debt recovery services. Servicing more than 6 million accounts, CardWorks Servicing, LLC is the premier independent servicer of nationally-branded Visa®/Mastercard® cards, secured cards, and unsecured installment loans. CardWorks provides servicing operations and portfolio management to bank and non-bank consumer and small business lenders through CardWorks Servicing, LLC and Carson Smithfield, LLC. Founded in 1987, CardWorks is a diversified consumer finance and payments company, operating three principal lines of business: Servicing, Lending, and Merchant Acquiring.
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