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Our products > Features > IVR Payments

IVR Payments

Automate your payment process with secure IVR payments. Increase efficiency and enhance customer experience with PCI-compliant payment options.

IVR Payment Manager

How does IVR payment work?

Interactive Voice Response (IVR) payment software enables customers to make secure payments over the phone without needing to directly interact with a call agent. An effective call centre IVR system provides solutions to many of the challenges that contact centres and customers face when processing card transactions over the phone.

The benefits of payment IVR on call centre operations:

How does IVR payment software work?

Automated payment solutions use assisted or automated payments, depending on your customer journey. With MaxContact, you can use one or a combination to deliver the right options for your customers.

Take payments online

Create secure and convenient payment links to send to customers via digital channels. Take payments through secure payment links within web chats, removing the need for your team’s intervention and allowing you to take customer payments 24/7.

Assisted payments

Your team take payment calls. At the point of payment, customers enter card details using the phone keypad. Dual-tone-multi-frequency (DTMF) masking means agents never see or hear sensitive information. After payment, the conversation continues.

The sensitive data is encrypted and securely passed to your payment provider. It is never saved in your contact centre environment.

Automated payment phone line

Automated payment, or payment IVR, allows customers to self-serve. The service is available 24/7, reducing the number of missed payments and increasing customer satisfaction:

  • Customers enter your phone IVR system and are security verified.
  • If required, our software can check account details and advise on minimum payments.
  • During payment, it takes card details, hiding sensitive information with bleeping tones (DTMF).
  • Details are encrypted and sent to the payment provider for processing.

PCI compliance

Keeping customer data safe is of paramount importance for any payment gateway, whether you are a debt collection contact centre, a retailer or offer any kind of customer service that involves financial transactions.

Our IVR payment software features are PCI-DSS Level 1 compliant and ISO 27001 certified. While payments are being made by customers, call agents are never privy to sensitive information, and no recordings are made during the payment process.

See our payment tools in action

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IVR payment system benefits for call centre productivity

Alongside IVR payments helping to improve the customer experience and combatting potential breaches of customer data, this kind of payment service also has multiple potential benefits for contact centre productivity. Some of the KPIs that IVR PCI-compliant payments can also help to improve include:

Payment success rate

Many contact centres find that their payment success rates can be low with a long and complex payment process. 

WIth effective implementation of flexible IVR payment software, customers can choose an option that suits them, pay at a time that is convenient and can often complete the entire process quickly, due to the automation involved. 

Simply put, automated payment collection can increase the likelihood of successful payment attempts, which may help call centres to significantly improve their payment success rates.

First contact resolution (FCR)

FCR rates can be a good indication of when a contact centre is operating adequately, or whether they are excelling. Addressing customer needs during the first interaction is always the preference, whenever possible. It means that less agent time is needed than would be the case if subsequent contacts are required, payments are received sooner and customers achieve their goal with less time and frustration.

For calls where payment is the primary reason for the contact, offering IVR payments can make all the difference in increasing FCR rates.

Cost per contact

Many contact centres use cost per contact as an important metric to help measure productivity and efficiency. With effective IVR payment systems, the cost per contact can be reduced in several ways, including:

  • Lower agent costs – with self-serve payments meaning not every call requires an agent.
  • Lower error rates – with automation, meaning that agent error with manual payment information is removed, so more payments are successful at the first attempt, and fewer follow-up contacts are required.

contact centre employee

How IVR payments can improve customer satisfaction

Keeping customers happy can be a challenge for contact centres, but, when implemented effectively, IVR payment systems can have multiple benefits in customer satisfaction (CSAT). Some of the customer-centric factors that IVR payments can assist with include:

  • Reducing call waiting times
  • Faster payment processing
  • Offering various ways to pay to suit individual preferences
  • Offering 24/7 payment gateways for greater customer convenience
  • Offering payments with no direct agent interaction can be preferable for some customers.

These positive payment experiences can contribute to consistently high Net Promoter Scores (NPS) which can be a positive trust signal for other customers and a great metric to help measure contact centre performance

Download MaxContact’s 
secure payments brochure

For more in-depth information about MaxContact’s secure payment processing, download our brochure.

See our call centre payment solution in action

Request a customised demo for you and your organisation.

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IVR Payment FAQs

What is a Payment IVR and how does it work?

Interactive Voice Response (IVR) payments refers to a payment system that enables customers to make secure card payments over the phone, using the touchpad, without an agent being involved.

The data is encrypted, and the call agent never sees any sensitive customer payment information, so this offers a quick and secure service which is available 24/7.

Is the Payment IVR system PCI DSS compliant?

MaxContact’s IVR payment software is PCI DSS compliant and ISO 27001 certified. This offers customers peace of mind that their financial data is secured according to the required standards.

Can we integrate the Payment IVR with our existing systems?

At MaxContact, we aim for seamless integration with a variety of industry standard systems that your contact centre may already be using. We can also develop bespoke integrations as required. View the current list of integrations for our IVR payment software.

What type of payments can be processed through the Payment IVR system?

Our system supports a variety of different types of payments, depending on the needs of your contact centre. We can take payments from all of the major credit card providers and offer secure online payments, assisted call payments and automated call payments, ensuring a solution that works for you, whatever your requirements.

How does Payment IVR protect sensitive customer data?

Transactions carried out through our IVR payment software are PCI DSS compliant and ISO 27001 certified. The data is encrypted and call agents never see sensitive details such as credit card numbers. No recordings are made of the payments being made.

Can Payment IVR handle high call volumes?

Our Payment IVR software is designed to handle whatever volume of calls your contact centre needs, with easily scalable solutions and packages designed to meet the requirements of the business, even as you grow and evolve.

How does Payment IVR compare to live agent-assisted payments in terms of cost and efficiency?

Every contact centre has their own different goals, objectives and KPIs to measure performance and the return of investment in software solutions, but we are confident that our Payment IVR tools can make a positive difference for every business currently taking a volume of phone payments manually. Our systems are designed to streamline payment processes and deliver a more efficient service to customers, while helping contact centres reduce current inefficiency costs.

Can customers still speak to an agent if they need assistance during the payment process?

If a call turns out to be a complex enquiry that needs an agent to resolve, this is something that our system offers. By utilising automation to deal with the standard payment calls that don’t need assistance, this frees up agent time to focus on delivering great customer service to callers needing assistance.