Increase Recoveries with Financial Debt Collection Software

Diverse Payment Options: ACH, Check 21, debit cards

Dynamic Minimum Payments: Customize the system based on balance brackets to increase consumer participation.

Configurable Payment Plans and Terms: Maximum repayment term length for payment plans can be tailored to each client. This increased flexibility lifts recovery rates by allowing more clients to resolve their debt.

Automated Chargeback/NSF Management: Tratta integrates with processing software to automatically pull in chargebacks and link them to the original transaction and account, eliminating time spent on manual reconciliation.

Centralized Payment System: Our financial debt collection software operates as an embedded solution handling the consumer portal, payment gateway, and payment processing, allowing clients to use Tratta for all payment processing channels, including online, IVR, and agent input.

Advanced Legal/Compliance Controls: Administrators can use flags in the data file to enable or disable payment options for specific accounts such as those currently in legal status, while dynamically displaying state-specific disclosures for clarity.

Complex Financial Data Structure Capability: Tratta has been specifically designed to manage complex account groupings that mirror how debt data is structured in core collection systems.

PCI and Security Protocol: The platform is fully SOC2 Type 2 and PCI DSS Level 1 compliant.

Robust API and Webhook Integration: The platform features open APIs and utilizes webhooks that can push real-time information immediately into the client's system of record, enabling real-time operation and agent visibility

Compliance Control for Legal Accounts: The platform includes administrative controls that allow administrators to configure notices and hide payment buttons based on status flags provided in the data file.

Configurable Verification: High quality data enables you to configure verification methods according to your agency or law firm’s priorities, including limited access to file ID information and social security numbers.