Texas fintech company Payix announced on Monday it has formed a partnership with California’s Nortridge Software to help lenders connect with borrowers and improve their collect payments abilities. According to the companies, this new partnership with allow Payix to offer real-time integration between its suite of collection tools and Northridge’s loan system. Sharing details about the partnership, Greg Hindson, Nortridge Software president, and CEO, stated:
“Lenders are always striving for ways to improve collections. The integration between Nortridge and Payix makes it easy for borrowers to pay anywhere and anytime – benefiting both borrowers and lenders.”
The companies also reported that their teams have already collaborated in the development of the web services interface between the Nortridge Loan System and the Payix payment system, which ensures that transactions could be carried out in real-time and without interruption. Payix President, Chris Chestnut, added:
“We are elated to partner with an organization as strong and well-respected as Nortridge Software. Their products are incredibly flexible and reliable, and their team of industry leaders is fantastic to work with. We both realize our organizations are stronger together, and we couldn’t be more pleased to be able to form this alliance with them.”
Payix noted its collections tools include its intuitive, engaging and affordable mobile collections application, as well as web, interactive voice response (IVR), text, and collector portal applications. Nortridge clients may now add the Payix solutions to their existing collections tools with virtually no IT work on their part and in just a few weeks’ time.