F3 Technologies, Inc., an Atlanta-based Software-as-a-Service development company and application service provider, entered into a strategic partnership with online payment solutions provider Paymenting, LLC of Woodstock, IL effective July 1, 2009. Under the deal Paymenting, LLC will be able to resell and deploy the Interaction Community System (InteractionCS) exclusively throughout the State of Illinois which will in turn integrate with Paymenting's payment processing solutions for any and all financial transactions that take place within the System.
Frank Connor, CEO of F3 Technologies, said: "Payment processing is a vital feature within the Interaction Community System. This feature enables users of all levels to make and/or receive payments online such as HOA dues, donations, contributions, vendor payments and taxes etc. via ACH (direct debit from bank) and/or credit card transactions. Paymenting has shown us a very efficient way to handle these payments. Their ACH and Credit Card solutions will offer our users a low cost alternative to sites like PayPal. Once we integrate their lockbox solution, we'll be able say to our customers 'Use our system and never enter a check again.' We will truly be an all-in-one solution for Community Associations."
Casey Clark, CEO of Paymenting, LLC, stated: "We have been working in the Community Management industry for a few years, and we haven't seen an online management tool nearly as robust as InteractionCS. No other product on the market offers such an extensive networking application, management tools, and a full accounting suite. By adding our payment solutions, InteractionCS is now that much further ahead of the competition."
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