AbacusNext Launches the Abacus Payment Exchange

USA/Canada News

18
Apr
2017

Editor

AbacusNext, the largest Technology-as-a-Service (TaaS) provider for the professional services industry, has launched the Abacus Payment Exchange (APX), an integrated payment solution that gives lawyers the ability to streamline invoicing and payment processes.

Available for AbacusLaw and Amicus Attorney, APX provides lawyers and legal professionals a single platform to track time, generate invoices, and get paid within the same day. It does so by greatly simplifying and reducing the number of steps necessary to handle credit card processing, accounts receivables, and other back office tasks. With no long-term contracts and a 3% flat fee on transactions, APX eliminates unanticipated or “gotcha” fees.

“Our clients have been telling us that that invoicing and getting paid is one of the hardest parts of a legal professional’s job,” said Alessandra Lezama, AbacusNext CEO. “We’re in the business of solving problems, so we took this challenge head on by developing APX. This platform solves our clients’ payment and invoicing challenges within the industry-leading case management software we are already known for.”

APX’s competitive advantages include:

• Ethical safeguards - its flat fee is only deducted from an operating account to ensure trust account balances stay accurate.  
• Payment flexibility - APX accepts MasterCard, Visa, Discover, American Express, and e-checks.
• Simplified payments - APX charges a flat 3% transaction fee on all transactions with no hidden fees.
• Faster payments - payments are processed immediately, compared to the industry standard of 24-48 hours.
• 256-bit encryption – the highest level of security available guards transaction data from sender to receiver.