Transactis

Why Transactis?

Transactis is a leading provider of electronic billing and payment solutions.

Transactis transforms traditional paper billing and payment processing by enabling businesses of all sizes to replace paper bills, statements, invoices, payments and documents with more efficient digital alternatives.

Transactis goes to market exclusively with resellers—financial institutions, technology companies, printers and business process outsourcers—to provide their customers with secure, configurable, white-label, industry-leading software-as-a-service solutions. More than a technology provider to resellers, Transactis is a full-service business partner, delivering a broad and deep suite of sales, marketing, technical and operational support, empowering resellers to more successfully serve their clients.

Transactis meets the strictest regulatory and compliance requirements including HIPAA, SSAE 16, PCI Level 1, and SOC 2.

Market Opportunity

Fewer than 25% of bills are presented electronically in the U.S. The majority of 1990s-vintage technology and products in this market are on site at a single biller and are client-server oriented. The channel-oriented Transactis model features up-to-date SaaS infrastructure and is positioned to grow with an EBPP market that is expanding at a compound annual rate of 16%, according to a 2013 report by marketing consultant Latente Group.

Company Milestones

  • Transactis appoints Alex Reznik as CTO
  • Transactis appoints Scott Dickey as COO
  • Transactis achieves HIPAA compliance to bring additional security to clients with medical information
  • Transactis partners with Nordis Direct to expand Nordis Direct's Expresso platform to include secure e-billing and payment services
  • Transactis partners with Mutual of Omaha Bank to expand the bank's treasury management offerings
  • Capital One, Fifth Third, PNC, TD and Wells Fargo invest in Transactis
  • Transactis partners with Walletron for Mobile Wallet Billing and Payment

Secure electronic billing and payment solution for large and small businesses.