LAS VEGAS — PaymentVision, an electronic payment services company, has recently announced the launch of its 3.0 Universal Payment Processing Gateway (UPPG), which promises to offer customers easier, faster and more secure transaction processing.

“PaymentVision has a proud 20 year patent-filled history of delivering best-in-market integrated payment solutions,” said Rob Pollin, president of PaymentVision.

“We continue this legacy with our latest 3.0 gateway, delivering what we believe to be not only the best payment processing solution on the market, but a solution that can now be implemented in as little as 15 business days from start to finish,” he added.

The company has handled transactions for institutions such as credit unions, small- and large-businesses, insurance companies and foreign exchange originators, among many others, and will be holding press events and offering information regarding its new services at the 2011 National Conference of Buy-Here, Pay-Here Dealers in Las Vegas through Friday at booth No. 434.

Some new features of the recently launched UPPG include:

—Batch Control: PaymentVision now provides users with the ability to control their batch cut-offs, at various organizational levels, for all payment types. This can be performed through the PaymentVision Administrative portal or through an Integration Partner using PayAPI.

—Continuous Synchornization: With PaymentVision, updates happen continuously throughout the day, from all payment capture channels. With continuous synchronization from PaymentVision, you can more easily keep all of your systems in-sync with your collected payments, guarding against FDCPA violations.

—Card Type Filtering: PaymentVision now allows you to block all credit cards or only those that have been issued by a particular bank. This helps finance companies comply with card acceptance rules and creates an advantage for collection agencies and law firms looking to retain and attract new business from the issuers.

—Bank Account Verification: PaymentVision now provides an on-demand run mode for its Bank Account Verification service allowing users to selectively verify bank account status when scheduling a check or ACH payment in PaymentVision. When you enter a bank account number, PaymentVision verifies that the account is open, in good-standing and has not had any noteworthy NSF activity.

—On-Demand Reporting: PaymentVision now provides the ability to request batch history reports and itemized transaction lists from directly within your receivables software using PayAPI.

When asked about PaymentVision’s new 3.0 software, customer Jeff Wertheim, collection attorney at Halcomb & Wertheim, P.C., said, “We are committed to improving our collection processes to meet the changing payment habits of debtors and the security needs of our clients, and the new 3.0 Payment Vision software has fulfilled its promises.

“PaymentVision has helped us provide effective electronic payment options to our debtors and better results for our clients,” he continued.

For more information on PaymentVision’s services, see www.paymentvision.com.