Auto Master Systems Selects Payment Vision to Offer Electronic Payment Gateway Services to Customers of Its Auto Loan Servicing System, AMS2000

GAITHERSBURG, Md.--Auto Master Systems Inc, one of the leading providers of receivables management software for the auto loan servicing industry, announced today that customers of its auto loan servicing software, AMS2000, will have access to the gateway services of Payment Vision, the popular payment gateway powered by Autoscribe Corp.

Payment Vision is a payment gateway that concentrates payments captured at various windows such as IVR, Internet and call centers. All payment collection windows (AMS2000 now among those windows) connect to a central hub. The hub collapses payment silos into a single monitoring and reporting system whereby clients benefit from centralized risk management and a real-time view of all of their payment activity.

Under the agreement, three of the gateway services - PayWeb, PayIVR, and PayAPI - will be connected to the AMS2000 auto loan servicing software. The integrated solution will allow users of the Auto Master system to schedule both one-time and recurring ACH, credit card, and debit card payments directly from within the Auto Master system. Borrowers will also be able to review and make payments against their outstanding balances via the Web and via touch-tone phone. Payments received through all payment windows will be automatically posted to the Auto Master system.

“We recently worked with Auto Master to provide a mutual customer with an automated phone payment solution by establishing a data interface between the Auto Master system and our PayIVR service. The solution proved to be extremely successful so it made perfect sense that we look at ways to further integrate our services and formalize the relationship. We’re excited to now be able to offer Auto Master customers with full end-to-end integration with Payment Vision Gateway Svcs,” said Sean Fleming: Director of Payment Vision Gateway Svcs, Autoscribe Corporation.

“A dealer in the self financing community and AMS customer for over fifteen years has been running the phone pay solution PayIVR from Autoscribe Corp. This allowed us the opportunity to take a closer look into the Autoscribe product line as well as the ability to develop a working relationship between AMS and Autoscribe. We are pleased to say that Autoscribe turned out to be one of the best companies that AMS has integrated with in recent time. We are very excited to offer the full line of Autoscribe products to all Auto Master customers,” said Brian Hoppel: Vice President, Auto Master Systems, Inc.

Autoscribe and Auto Master will be exhibiting at the 2009 NABD National Conference of Buy Here Pay Here Dealers Tuesday, May 12 - Thursday, May 14.