All Categories ​>​ ​Payment

Payment

Payments 101

This article will serve as an introduction to the topic of how we define payments and how LoanPro handles them.

Updated 1 month ago by Nate Christensen

Payments – Intermediate

Complexity:. Audience: Loan Servicer or Collector, Upper Management, Developers, Loan Servicing/Collections Managers Introduction. As borrowers make payments on their loans, it is essential that the…

Updated 1 month ago by Brinley Bushman

Payment Processors 101

This is a brief overview on what payment processors are and which ones are available in LMS; here, we'll explain the payment process and how processing companies play a role in making transactions.

Updated 2 months ago by Jackson Stone

Payment Processors – Next Steps

This is our intermediate-level article for the topic of payment processors. Here, we explain how to set up and use them, as well as detail the differences between each one.

Updated 5 months ago by Nate Christensen

Payment Integrations

Complexity:. Audience: Loan Servicer or Collector, Management Team, Developers, Accounting, Loan Servicing/Collections Managers, Administrator, Compliance, Data Introduction. Lenders have a few optio…

Updated 2 months ago by Nate Christensen

LoanPaymentPro Pre-Transaction Verification – Advanced

Introduction. If you have read Payment Processors Intermediate and understand the loan payment process, and you are interested in learning more advanced concepts and features, this is the place for y…

Updated 5 months ago by Kayla Todd

Add a Customer Payment Profile

This article explains how to add a customer payment profile in LMS.

Updated 2 months ago by Nate Christensen

Payment Receipt

Introduction. After you log a payment in LoanPro you will have the option to print a receipt. These receipts are customizable, and can include system variables that will merge in customer and loan da…

Updated 5 months ago by Jackson Stone

Add a New Payment Method

This article explains how to add, edit, and delete payment methods.

Updated 3 months ago by Nate Christensen

TabaPay Payment Processor

New Feature: A recent update to our integration added Sandbox mode to TabaPay processors. In Secure Payments, you can create a processor (or edit an existing one) with Sandbox mode turned on. When a…

Updated 2 months ago by Jackson Stone

Payment History

Introduction. As a lender you'll have to keep detailed records of any loan activity. LoanPro allows you to see all of the payments on a loan with the payment history feature. On this page you can als…

Updated 5 months ago by Nate Christensen

Extra Towards Options

Introduction. Sometimes, borrowers might pay more than their payment amount. For example, if a borrower's payment comes due for the amount of $300.00 and the borrower makes a payment of $350.00, they…

Updated 3 months ago by Darrin Wray

Repay Integration

Secure Payments is integrated with Repay Payment Solutions, which will let customers process both bank card and ACH payments. This article will explain how to set up the Repay Payment Processor in LMS and Secure Payments.

Updated 2 months ago by Andy

Edit or Reverse Payments

This article will walk you through how to edit or reverse a payment.

Updated 5 months ago by Jackson Stone

Split a Payment

Introduction. When logging a payment , you may elect to split the payment between related loans. The related loans must be properly linked to enable payment splitting. If you're not familiar with how…

Updated 5 months ago by Jackson Stone

ACHQ/SpeedChex

SpeedChex (also known as ACHQ) is an eCheck processor that Secure Payments is integrated with.  LoanPro integrates with Secure Payments, which in turn is integrated with eCheck processors, credit/debit card processors, and EFT processors.

Updated 2 months ago by Jackson Stone

PayNearMe

This article explains how to set up a PayNearMe integration.

Updated 2 months ago by Jackson Stone

Automatic Payment Reversal

LoanPro and Secure Payments can automatically reverse payments that are not successful. This function is relevant to ACH/EFT/eCheck payments, NACHA returns (requires an import), and credit card chargebacks.

Updated 5 months ago by Kayla Todd

Payment Information

Complexity:. Audience: Loan Servicer or Collector, Developers, Loan Servicing/Collections Managers Introduction. The payment information section of the payment wizard is for the information specific…

Updated 2 months ago by Andy

Authorize.net

This article explains how to set up an Authorize.net processor.

Updated 2 months ago by Jackson Stone

LoanPaymentPro's Pre-Transaction Verification

This article explains LoanPaymentPro's pre-transaction verification.

Updated 5 months ago by Jackson Stone

Payment Type and Waterfall Application

This article explains how to create your own payment application types.

Updated 2 days ago by Nate Christensen

Actum Processor

This article explains how to create an Actum Processor in LMS and Secure Payments.

Updated 2 months ago by Jackson Stone

VersaPay

VersaPay is an EFT payment processor that is integrated with Secure Payments.  This company only processes payments for Canadian bank accounts. In order to use VersaPay to process payments, you will need an account with VersaPay.

Updated 2 months ago by Jackson Stone

Merchant Services

In this article, we break down merchant services providers and provide suggestions based on your lending structure.

Updated 3 months ago by Andy

Payment Processing

This article provides information on how payments are processed through credit/debit cards, ACH/EFT, and NACHA files. Here, we provide a diagram detailing payment processing.

Updated 7 months ago by Andy

Custom Payment Application

While you can choose the way the waterfall application on a payment will work by creating a payment type, sometimes you want to enter specific amounts that will apply to the different pieces of a payment.  This can be done through a custom payment application.

Updated 5 months ago by Kayla Todd

LoanPaymentPro

In this article, we'll explain how to set a new LoanPaymentPro processor up in LoanPro's Loan Management System (LMS).

Updated 5 months ago by Jackson Stone

Suspending Payments

This article explains how to suspend the payments on an account.

Updated 2 months ago by Jackson Stone

Routing Number Verification

Complexity:. Audience: Loan Servicer or Collector, Loan Servicing/Collections Managers, Administrator, Data Introduction. When adding a payment profile, you may have noticed that just typing in the r…

Updated 2 months ago by Jackson Stone

Powered by HelpDocs (opens in a new tab)