About the Company
Bill360 Inc. is a payment facilitator based out of Tampa, Florida. They focus on optimizing invoicing processes with software that delivers the power and platform B2B companies need to grow their business, improve cash flow, and automate invoicing payments.
Product Used: Universal Tokens (Transparent Gateway)
Removing sensitive data from the local environment
Bill360 was looking for a way to help improve the collection process for B2B companies, which has historically been handled via outdated systems. Most importantly, they wanted to make it easy for businesses to accept credit card payments. Chris Arnold, CTO at Bill360, knew this would mean handling sensitive credit card data and increasing their PCI scope. Chris had plenty of experience with PCI compliance audits and knew that there were better approaches than storing credit card information in their own environment.
Implementing IXOPAY for this information significantly reduced the time Bill360 spends on its PCI audit.
On top of looking for a solution that could help Bill360 with reducing their PCI scope, they needed a solution that had proven uptime and availability to keep their payments flow effortless.
The importance of uptime and availability
When searching for a way to accept credit card data while reducing the scope of their PCI audits, Bill360 vetted multiple tokenization solutions. They ultimately settled on IXOPAY due to the reliability of the solution.
Not only that, but Chris appreciated the ability to directly integrate with Fiserv, which sped up their time to market and simplified their entire process.
How Bill360 uses IXOPAY
Bill360 uses the hosted iFrame and Transparent Gateway within Universal Tokens to remove customer data from their environment and tokenize both credit card and ACH information. Bill360 can collect payment information directly on their app via the iFrame, with the sensitive card data sent directly to IXOPAY to be stored. In return, IXOPAY sends Bill360 a token to store in their system, keeping sensitive information out of Bill360’s internal environment.
With the Transparent Gateway, Bill360 can seamlessly integrate with their payment processor. When Bill360 wants to use the provided payment information, they send the token back to IXOPAY, who then uses the Transparent Gateway to process the payment with their payment processor. By not handling the payment information directly in their environment, Bill360 is able to significantly reduce their PCI scope and audit complexity.
Simplified payments and reduced PCI scope
Reduced PCI scope means more time for security initiatives
Ability to offer credit card and ACH payments online for simpler invoicing
Reliable uptime and availability streamlines online payments
“"We were able to cut down our PCI audit recertification times by 25-40%, by reducing the time needed to gather data."”