Phoenix-based BillingTree, an on-demand payment processor, says it exceeded growth forecasts for the third consecutive quarter in 2011. The company also announced the rollout of a new suite of convenience fee alternatives.
In Q3, BillingTree began testing a newly expanded suite of convenience fee solutions, supplying alternatives for billers seeking to offset their payment-processing fees, called "No Fee to Biller." A second model, allowing for what BillingTree says is more effective management of fee revenue and reporting, is called "Biller Keeps the Fee." Both enhanced models are in beta with expected general availability by year's end.
As a result of mounting demand from the healthcare industry, and for new products from existing customers, BillingTree also began recruiting for two newly created sales-team roles in the quarter.
A new healthcare sales manager role was created and BillingTree is actively recruiting for the position. In addition, an inside sales support position, SMB account manager – intended to service existing customers’ needs onboarding additional BillingTree products and services – was created. The company also is seeking qualified candidates for that job. Information on all open positions at BillingTree can be found on the company's website.
"I am pleased our team is sought for its knowledge by so many regarding today’s payment and billing landscape, as well as the huge interest and demand for our products from existing customers and in expanding verticals like healthcare," said Scott McCollum, BillingTree president. "By growing our sales team along with continuing to bring innovative new products to the marketplace, BillingTree is positioned well for exponential growth and success into the foreseeable future."
