TransCentra brings a deep heritage and blend of proven software services for remittance and billing to several industry verticals. TransCentra was formed when global information technology company, 3i Infotech, which owned Napa Valley, Calif.-based Regulus and Blue Bell, Penn.-based J&B Software, sold the two entities in 2011. J&B Software had been providing payment processing, imaging, document management and capture solutions for businesses worldwide since 1984. Regulus Group LLC was formed in 1996 as a national remittance processing company and added print and billing services in the early 2000s by purchasing Quantum and Accudocs. Their vast histories merging propelled TransCentra to become an industry leader in innovative multichannel billing and payment solutions, processing nearly 2 billion transactions, producing more than 300 million bills and processing 500 million payments each year. It also composes and produces over 700 million statement images and presents in excess of 28 million electronic statements annually. The company now stands more than 1,400 employees strong across 13 locations nationwide.
“As the payments landscape evolves, companies must be able to present and process bills and payments regardless of the channel a consumer wishes to use,” said Lynn Boggs, CEO of TransCentra. “We are proud to have served as the billing and payments authority for the past 30 years; with a partner like TransCentra, companies can easily offer their customers a variety of payment options, knowing that we handle the entire billing and payments lifecycle to greatly reduce internal expenses and the required IT resources.”
By consolidating all billing and payments channels for processing, TransCentra’s solutions result in cost savings and reduced IT burden for its customers, which span the financial services, utility, healthcare, insurance, automotive and media industries; its market share has continued to grow within each of these verticals. The company combines people, processes and a rich suite of technologies to deliver highly customized solutions for all aspects of a company’s end-to-end revenue chain.
TransCentra is America’s largest outsourced remittance processor, one of the largest outsourced billers and a top provider of imaging and payment processing platforms and software. TransCentra delivers multichannel billing and payment solutions in both the consumer and business-to-business markets across a variety of industries, including financial services, insurance, healthcare, utilities and telecommunications. For more information, visit www.transcentra.com.