BALA CYNWYD, Pa.--(BUSINESS WIRE)--Global Exchange Payment Solutions (Global Exchange), an international payment solutions leader, announced today a new solution to offer law firms a fully automated US Patent and Trademark Office (USPTO) Payment Solution. The solution is the product of a collaboration between FLEETCOR subsidiary Comdata. Global Exchange has developed the first platform that allows law firms to seamlessly reconcile USPTO transactions, automate files, and pay the USPTO electronically with Comdata’s virtual Mastercard® payments system.
The Global Exchange USPTO payment solution is commensurate with high quality workflow advantages Global Exchange’s current and future clients will benefit from. Moving forward, Global Exchange will go beyond offering its integrated international payment and check elimination solutions to professional services firms.
“We’re excited to offer the legal industry the first fully integrated solution for USPTO payments and systems integration,” said Global Exchange Managing Director, Anthony Loiacono. “Our clients asked for a US Patent and Trademark solution that would help make paying USPTO by credit card less manual and more efficient – while integrating seamlessly into their billing system. This cutting-edge product has been fueled by our constant focus on providing our clients with the very best in technology and innovation to ensure we remain at the forefront of the payments industry.”
“We worked to make our product intuitive and user friendly – while effectively reconciling between a card solution and an integrated billing process,” said Craig Klein, Vice President of Information Technology at Global Exchange. “This platform is one-of-a-kind and will drive real efficiencies for law firms and their clients."
The USPTO Payment Solution fully automates the complex and time-consuming task of manually reconciling USPTO Fee codes with time and billing matter codes – against docketing. The Global Exchange platform will create an automated data validation procedure for matter and docket validation files – and include a card payment platform using Comdata’s Mastercard payments system. A custom rebate program repatriates revenue directly back to the firm for 100% of its USPTO spend.
About Global Exchange
Founded in 1994, Global Exchange Payment Solutions has become a leader in integrated international payment solutions. The company offer services for global payments processing, seamless systems integration, outsourced and managed accounts payables, and risk management and remittance. Global Exchange’s rich portfolio of products minimizes the cost and risks when sending funds internationally for businesses and professional services organizations throughout the world. For more information, visit www.gexchange.com.
Comdata Inc., a FLEETCOR company, is a leading provider of innovative payment and operating technology that drives actionable insights from spending data, builds enhanced controls and positively impacts its clients’ bottom lines. The company partners with more than 30,000 businesses to better manage $55B in annual fleet, corporate purchasing, payroll and healthcare spending, making it one of the largest fuel card issuers and the second largest commercial MasterCard provider in the United States and Canada. Founded in 1969 and headquartered in Brentwood, Tennessee, Comdata employs more than 1,300 professionals across North America. To learn more about Comdata, Inc., visit www.comdata.com.