Tratta combines platform fees with transaction-based components to make our solution affordable for any company. Our transparent, volume-based pricing structure is publicly available on our website.
Applied Innovation has not published PayStream pricing.
Customizable email and SMS outreach campaigns increase debt recovery. Trigger by account or payment activity, personalize with merge fields, embed secure “magic” payment links, and track performance.
PayStream does not have campaign capabilities.
Tratta has been purpose-built for user experience. Teams at debt collections agencies and legal recovery firms can get the most out of the platform with no coding required. Consumers can make payments with just a click and set up resolution plans independently.
PayStream’s interface is complex and not user-friendly for collections teams or consumers.
Balances are validated in real time before every payment.
Account reports are updated on a user-configurable timetable with choices ranging from daily to 5-minute intervals.
Tratta’s dynamic logic allows you to customize settlement offers by cohort or account, grouping, and more.
PayStream includes as a Negotiator tool so you can customize to mirror to your internal processes and acceptable margins.
Tratta leverages multiple authentication methods to achieve an industry-leading authentication rate of 92-96%. A guest payment eliminates login requirements while maintaining security by offering 28 possible ID combinations for verification.
Consumers can make a one-time payment with PayStream Xpress without creating a username and password. To view all accounts and the payment negotiation platform, credentials would have to be created by the consumer.
Multilingual Payment IVR, omnichannel communications (via phone, SMS, and email), and embedded “magic links” all remove login friction.
The portal supplies tools to communicate and receive payments via text and email in English only.
Tratta makes it easy for your team with REST APIs and multiple file transfer options. Our open integrations with CRMs, payment gateways, and systems like Cogent mean we’re ready to work with your exiting tech stack for a short learning curve and maximum impact.
CRM integrations are possible, but Applied Innovation does not offer an open API as part of their platform.
Tratta helps you drive decisions with data. Built-in capabilities include configurable dashboards, granular reports, campaign analytics, and easy exports for audit logs.
Reporting and documentation options are available with configurable permissions for secure role-based access.
Tratta's rapid onboarding and quick launch often requires only days or weeks. Post-implementation, debt collection agencies and legal recovery firms love our white-glove support, easy-to-submit support tickets, and same-day responses.
Applied Innovation’s client support team offers PayStream setup, training, and lifetime support.
Our platform includes numerous features to protect PII and other confidential information, including:
PayStream has SOC2 certification and is PCI DSS audited.
We grow when you do. Tratta’s model is tied to your KPIs — driving mutual accountability and long-term success.
No more silos or patchwork tools. Tratta integrates seamlessly, automates reconciliation, and simplifies operations.
From fast onboarding to expert support, Tratta gets you live quickly — with 25%+ adoption gains in 90 days.
